How can artificial intelligence transform the banking sector?

A report from banking platform Mambu and Google Cloud has claimed AI will ‘reshape the world of banking as we know it’ and deliver more personalised experiences.

E-commerce solution platform Mobify closes $15m funding round

Canada-based e-commerce technology provider Mobify has closed a $15m round of funding.

Apple said to be buying mobile payment company Mobeewave

Technology giant Apple has reportedly acquired mobile payment technology developer Mobeewave to potentially transform iPhones into payment terminals.

Y Combinator-backed Afriex bags $1.2m in a seed round

FinTech firm Afriex secured a $1.2m in a seed funding round with an aim to scale its payments and remittances platform across Africa.

Global Reach Partners scoops up FC Exchange

London-based money transfer service FC Exchange is being acquired by Global Reach Partners (GRP) in an undisclosed deal.

Global Payments acquires accounts payable solution in $150m deal

PayTech company Global Payments has acquired MineralTree, an accounts payable automation and B2B payments platform, in a deal worth $500m.

Telr launches BNPL platform following tabby partnership

Dubai-based payments gateway company Telr introduced a buy now, pay later (BNPL) solution after entering a partnership with compatriot BNPL firm tabby.

Jaguar Land Rover backs ex-Apple exec-founded Caura in $4.2m round to develop in-car payments

UK-based vehicle management platform Caura secured $4.2m in seed funding to develop its application and integrate with in-car infotainment systems.

Mobile wallet market expected to be worth $7.58trn by 2027

The mobile wallet market size was valued at $1.04trn in 2019 and is projected to reach $7.58trn by 2027, growing at a compound annual growth rate of of 28.2% from 2020 to 2027, according to new research.

Why Klarna is picking a fight with the Swedish government

The Swedish government has proposed new e-commerce regulations and Klarna is not happy about them.

News Stories

Cyber firm Zenity exits stealth period with $5m seed raise

Israeli cybersecurity and governance platform Zenity has come out of stealth mode and raised $5m from a seed funding round.

Why technology is crucial for the modern insurance sector

Research by Moody’s has found the quick uptake of technology by firms and consumers during the pandemic has revealed its vital importance to the insurance industry.

Revolut completes Nobly take-over as it eyes hospitality sector

UK FinTech firm Revolut is to acquire electronic point of sale (ePOS) software provider Nobly, to expand its solutions to serve the restaurant and...

Bareksa sets its sights on Indonesia’s financial market

Indonesia-based FinTech company Bareksa, which provides an integrated e-investment platform, has secured Series C funding from Grab. Grab is a startup based in Southeast Asia...

Credit Fair lands funding from Northern Arc

Indian consumer lending startup Credit Fair, has raised an undisclosed amount of debt from Northern Arc Capital, according to a report from VCCircle.

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