PayKey unlocks $6m to bring P2P payments to messaging
Peer-to-peer payments service PayKey has raised $6m in a Series A round of funding co-led by e.ventures and Gaby Salem of Wharton Asset Management. Read more: www.fintechroundup.com
Wirecard, National Bank of Greece partner to intro Alipay
Wirecard is collaborating with National Bank of Greece on a project to integrate Alipay into the technical infrastructure of the bank. Read more: www.mobilepaymentstoday.com
Vesta: ghosts in the payments machine
PYMNTS’ Karen Webster pulled back the curtain on the nightmares that don’t only come in the night but can bedevil firms 24/7/365. Read more: www.pymnts.com
Divido lands $3.3m seed round
Divido, the Startups 100 company that helps consumers spread the cost of big purchases over installments has grown to work with over 100 retailers. Read more: startups.co.uk
Paytm solves the problem of card payments in India
Vijay Shekhar Sharma, CEO of Paytm, launched a mobile POS to solve the problem, merchants just have to install the Paytm app to accept card payments. Read more: www.techinasia.com
Digital X picks up $1.2m for blockchain remittances
Australian blockchain-based software developer Digital X has raised AUS$1.62m ($1.2m) in post-IPO equity and inked a new deal with remittances company UniTeller. Read more: www.fintechroundup.com
First dynamic security code card certified by CB group
Functional and security tests applied to OT MOTION CODE were deemed fully compliant with the requirements of CB group. Read more: www.businesswire.com
Myanmar’s MyPay in talks to acquire Singapore’s Fastacash
Two Southeast Asian payment companies are in serious acquisition talks and expect the deal to be done in the coming months. Read more: www.e27.co
When a payment is more than a transaction
The role of electronic payments in 2016 goes far beyond basic transactions performed in vast networks to move funds from one person or entity to another. Read more: www.letstalkpayments.com
Klarna inks major deal with UK retailer Arcadia
It's the first major deal for the online consumer credit company in the UK and has been in the works for a year. Read more: www.fintechroundup.com