Payment processing market to be worth $120.7bn by 2025
New research suggests that the value of the payment processing solution market is expected to grow from $74.4bn in 2020 to $120.7bn in 2025.
Global 66 closes seed round on $4.6m as it looks to enter Canadian market
Chile-based Global 66, an international money transfer platform, has reportedly closed its seed round on $4.3m.
Standard Chartered teams up with Airtel Africa to strengthen the adoption of mobile financial...
British multinational bank Standard Chartered has inked a deal with telecom company Airtel Africa to boost financial inclusion across Africa.
Payments company Vitesse nets £6.6m in its Series A
Cross-border B2B payments company Vitesse has netted £6.6m in its Series A round , which was led by Octopus Ventures.
Remitly bags $85m round at a $1.5bn valuation
Remitly, the provider of remittances and financial services for immigrants, has secured $85m to fund the further development of its offerings.
TransferWise bags $5bn valuation on the back of $319m secondary share sale
New details have emerged about TransferWise's latest deal that saw the UK FinTech unicorn's valuation rise past the $5bn mark.
Axiata Digital receives $70m in funding to support the expansion of its digital financial...
Axiata Digital, the digital service division of telecommunications conglomerate Axiata Group, has received $70m in funding to support the growth of its digital financial services.
TerraPay partners with Visa to develop payment solutions that drive financial inclusion
TerraPay, the payments infrastructure company, and Visa have formed a strategic partnership to develop and deliver payment solutions to drive financial inclusion.
TransferGo said to raise $10m in funding, alongside launch in 11 more countries
International money remittance service TransferGo has reportedly netted $10m in funding, after its customer base surges past two million.
The 35 FinTech deals from the last week that you can’t afford to miss
Keeping up with all the comings and goings of the FinTech space is far from easy, but don't worry. We've got you covered with the deals that sent shock waves across the sector in the last week.
