Indonesia-based PAYFAZZ has reportedly raised $53m in its Series B round which was led by B Capital Group and Insignia Venture Partners.
Mobile payments fraud-prevention and authentication provider Paygilant has been tapped by digital bank Surf Bank Brazil to help it fight fraud.
Nigerian-based FinTech Wallets Africa, which gives consumers an app to manage their money, has closed a new investment round as it looks to grow its presence in Africa.
The collapse of Wirecard has sent shock waves through the FinTech industry, cut customers off from their money and raised some serious questions about the role of regulators.
The alarm has been sounded regarding a vulnerability in some of the world's most popular cryptocurrency wallets.
Digital payments and trading on the stock exchange has been suspended in Zimbabwe in response to what President Emmerson Mnangagwa’s government called “criminality and economic sabotage," Reuters reported.
Neobank Pockit was one of the FinTech startups that had to halt its services after the Financial Conduct Authority (FCA) froze all of Wirecard's regulated activities, but now it is back in business.
Last week the UK's top financial markets watchdog ordered Wirecard to freeze all of its regulated activities in the country. Now it has lifted the ban.
On Late Monday afternoon Curve announced that some of its services were back after having shut them down because of their affiliation with Wirecard.
Telegram's battle with the American authorities has ended with the social media app agreeing to pay back all the proceeds made from its cryptocurrency project and to pay a hefty fine.