How did Singapore beat China to become Asia’s biggest FinTech investment destination?
Singapore is hotbed for FinTech innovation that has overtaken China as the biggest investment destination in the region. However, its leadership position is far from certain.
Penta to support offline businesses with new SumUp deal
Germany-based digital business bank Penta will now support payments at offline small and medium businesses (SMBs) thanks to new partnership with card reader enterprise SumUp.
Barclaycard to increase contactless payments cap
Barclaycard is set to increase the spend limit for contactless payments to £45 from 1 April 2020.
Demand for secure payments drive the global smart card market to be worth $75bn...
New research suggests that the value of the global smart card market could grow to reach $75bn by 2026.
Yolt teams up with PPS for the launch of its new card
Smart money app Yolt has inked a deal with PPS, formerly PrePay Solutions, for help to launch the launch of its contactless debit Mastercard.
Axis Bank rolls out wearable contactless payment device Wear ‘N’ Pay
In a bid to encourage the mainstream adoption of cashless transactions, India-based banking group Axis Bank launched its own range of wearable contactless payment devices, called Wear N Pay.
Stripe rival Mollie bags $800m mega Series C round at $6.5bn valuation
Amsterdam-based online payments processor Mollie becomes the third-largest FinTech unicorn in Europe after rival Checkout.com as it sealed a massive $800m financing round valuing the company at $6.5bn.
BNPL tabby closes $50m Series B to expand portfolio and market reach
UAE-based buy now, pay later (BNPL) company tabby has concluded a $50m Series B funding round led by Global Founders Capital and STV.
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.
Thoma Bravo to acquire PayTech Bottomline in $2.6bn deal
Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.