Thunes purchases Limonetik to speed-up global payment collection roll-out

Singaporean cross-border payments firm Thunes has acquired European payment methods platform Limonetik for an undisclosed fee.

PayTech Currencycloud set to be acquired by Visa in $700m deal

Visa has entered an agreement to purchase cross-border payments technology provider Currencycloud for a total of $700m.

Currencycloud highlights the rise and evolution of invoice finance

Cross-border payment technology developer CurrencyCloud has recently posted a blogpost detailing the ‘rise and evolution’ of invoice finance.

Revolut expands market footprint with move into the travel sector

UK FinTech firm Revolut has widened its market presence after it rolled out a booking service for the travel industry.

Soldo rakes in $180m from Temasek-led Series C

UK PayTech firm Soldo has closed a $180m Series C funding round led by investor Temasek.

Mastercard unveils new payment gateway to simplify Faster Payments access

Mastercard has launched a payment gateway created to provide easier access for companies that connect to the UK’s Faster Payments Network.

Digital banking use to exceed half of global population in 2026, study finds

A study by Juniper Research has found around 53% of the global population will access digital banking services in 2026.

Novus bags FCA approval to launch sustainable banking app

UK FinTech Novus has secured regulatory approval from the Financial Conduct Authority (FCA) to launch as a company later this year.

Paytm gears up for mega IPO, files DRHP to raise $2.2bn

One97 Communications, parent company of digital payments platform Paytm, filed its draft red herring prospectus (DRHP) with market regulator Securities and Exchange Board of India (Sebi).

ProjectPay unveils platform to streamline construction industry payments

UK payment platform ProjectPay has introduced a software-as-a-service (SaaS) platform to help simplify and streamline payments in the building and construction industry.

News Stories

Microsoft underlines heightened concern from call centre ransomware scheme

Microsoft has claimed a ransomware campaign employing bogus call centers to trick victims into downloading malware may be more dangerous than previously thought.

Crypto banking platform Matrixport hits unicorn status

Matrixport, which claims to be one of Asia’s fastest growing digital asset platforms, has joined the unicorn club, after it closed a Series C round.

Flood insurance firm reThought Insurance bags Series A funding

reThought Insurance, a digital MGA aimed at the flood insurance market, has closed its Series A round on $15.5m.

India unveils new digital currency, Nigeria eyes e-currency launch in October 2021

India has introduced the e-RUPI, which is a cashless and contactless digital payment system to support the global shift towards digital payments.

Amazon slapped with record $887m fine for data privacy breach by EU agency

Amazon has been issued with a fine of $887m by a European privacy watchdog for breaching the bloc’s data protection laws.

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