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.
Chile-based Global 66, an international money transfer platform, has reportedly closed its seed round on $4.3m.
British multinational bank Standard Chartered has inked a deal with telecom company Airtel Africa to boost financial inclusion across Africa.
Cross-border B2B payments company Vitesse has netted £6.6m in its Series A round , which was led by Octopus Ventures.
Remitly, the provider of remittances and financial services for immigrants, has secured $85m to fund the further development of its offerings.
New details have emerged about TransferWise's latest deal that saw the UK FinTech unicorn's valuation rise past the $5bn mark.
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, the payments infrastructure company, and Visa have formed a strategic partnership to develop and deliver payment solutions to drive financial inclusion.
International money remittance service TransferGo has reportedly netted $10m in funding, after its customer base surges past two million.
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.