P2P Payments

Splitit, an innovative white-label, fully-embedded payments technology that lets customers pay in installments using their existing cards, has successfully secured the first $25m of a substantial $50m growth commitment from Motive Partners.

Fenergo, a leading provider of digital solutions for Know Your Customer (KYC), Transaction Monitoring, and Client Lifecycle Management (CLM), has conducted a comprehensive study on the emerging risks in the FinTech payments sector since the introduction of FedNow.

Access Africa, a payment product developed to simplify global payments through various channels including P2P and B2B, and Thunes, a payment infrastructure platform that proficiently connects over 130 countries into a unified network, have collaborated to amplify and streamline cross-border payment services across 13 African countries.

Revolut Business has launched its instant and free payments ecosystem RevTag, which aims to challenge Swift in the cross-border payments space.

Paysend and Visa have announced a five-year extension to their existing global money movement arrangement through Visa Direct.

Visa has collaborated with Currencycloud to launch a new solution designed to deliver cross-border money movement solutions for banks, FinTechs, FX brokers, corporates, and other payment institutions.

Visa has entered into a commercial partnership with Form3, to reduce the high levels of fraud across real-time account-to-account payments.

Bank of America has introduced its business-to-consumer payments solution in Canada as it continues to bolster its digital solutions.

African's leading PayTech Flutterwave has launched a digital FX solution in partnership with Wema Bank and Kadavra BDC. 

FinTech AstroPay has been unveiled as Tottenham Hotspur's official payment partner, following the start of the 2023/24 Premier League season.