Payments startup PhonePe said to raise $28m in funding

India-based digital payments company PhonePe has reportedly collected $28m in a new funding round from e-commerce giant Flipkart.

Hubpay closes seed round as it edges closer to Money Services License in UAE

Hubpay, a digital wallet platform for the Middle East market, has closed its seed funding round on an undisclosed amount.

VibePay closes £1.25m round and launches a new service for businesses

VibePay, the self-stylised “social payments app”, has closed £1.25m in funding to support the launch of its new open banking-powered service.

Payments unicorn Airwallex closes its Series D to support global expansion

Australia-based payments company Airwallex has closed its Series D round on $160m, which will help it continue its global customer acquisition and licensing efforts.

Mamo Pay said to secure $1.5m as it preps for launch

Mamo Pay, a digital payments app, has reportedly secured $1.5m in its seed round as it gears up for launch.

Curve launches numberless cards for investors and its crowdfunding backers will be the first...

The long number sequence at the front of credit cards are numbered if UK-based FinTech Curve’s latest offering catches on.

HUMBL and One Kiosk sign partnership to boost the financial services offering for Nigerian...

Nigerian FinTech One Kiosk has teamed up with US-based mobile financial service provider HUMBL to give its native merchants’ online ordering and delivery services a power boost.

PatientPay secures $6.15m in new growth financing round

Healthcare payments startup PatientPay has secured $6.15m in growth financing to enhance its omni-channel patient payments platform.

SBI invests into Russian payments provider QIWI

Russian payments company QIWI has received an investment from Japanese bank SBI Holdings.

Zeepay Ghana gets electronic money licence

Zeepay Ghana, an online remittance service, has reportedly received an electronic money issuer (EMI) licence from Bank of Ghana.

News Stories

Challenger bank bunq releases third version of its app as it deals with the...

Neobank bunq has updated its platform with new features aimed at changing the way people think about banking, including new charity functions that allow them to help businesses struggling because of the coronavirus.

Why should firms place more importance on boosting their email security?

With the coronavirus forcing masses of people to work from home, it has only accentuated the cyber risks businesses face from “human-activated” cyberattacks, according...

AUSTRAC introduces new rules to help victims of domestic abuse escape financial dependency

The Australian Transaction Reports and Analysis Centre (ASUTRAC) has changed the rules regarding money laundering and terrorism financing in order to help people fleeing domestic abuse become financially independent more easily.

Veruna establishes partnership with Insuritas

Veruna, which has built an agency management system on the Salesforce platform, has established a strategic partnership with Insuritas.

Starling Bank closes £40m in funding, just months after its former round

UK challenger bank Starling Bank, has secured a further £40m in funding, just months after raising £60m.