Standard Chartered pumps $500m into Atome to fuel BNPL rollout in Asian markets
Standard Chartered has inked a 10-year partnership with Atome Financial to help the company introduce its buy now, pay later (BNPL) service in select Asian markets.
CBDCs to create ‘inevitable changes’ to payments landscape, McKinsey warns
A report by McKinsey has outlined the key challenges financial companies facing from the rise of central bank digital currencies (CBDCs).
Colombian FinTech Movii closes Series B on $15m
Movii, a Colombian FinTech aimed at helping people buy products around the world, has reportedly raised $15m in its Series B funding round.
Mastercard teams with Digital PayGo to support SME payments in Zambia
Mastercard has partnered with Digital PayGo to introduce a new mobile payments solution to help Zambian SMEs make and receive digital payments more safely.
Over 25% of non-cash transactions to be instant and e-money payments by 2025
A report by Capgemini on world payments who found that instant and e-money payments will make up over a quarter of all non-cash transactions by 2025.
Modern Treasury passes $2bn valuation following Altimeter-led Series C
Payments operation software platform Modern Treasury has raised $85m in a Series C funding round led by Altimeter Capital.
Volume of mobile transactions expected to surge
The volume of mobile transactions is expected to surge by 93% in the next two years.
Pakistani BNPL player QisstPay secures $15m pre-seed and seed funding
QisstPay, a buy now, pay later (BNPL) company from Pakistan has raised $15m across its seed and pre-seed funding round to expand its team and services.
BNPL market gets new big player as Mastercard launches Installments
Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.
Ascend Money becomes first Thai FinTech unicorn after $150m funding haul
Ascend Money has raised $150m in funding to become the first Thai unicorn at a $1.5bn valuation.
