Saturday, January 28, 2023


FinTech leads charge to improve forex payments for China

Growing investments in fintech services are poised to disrupt traditional foreign-exchange channels and drive the expansion of cross-border retail e-commerce. Read more:

How Visa is using mobile payments at the Rio Olympics

In the latest contactless payments development for the Rio Olympics, Visa has partnered with Swatch to introduce an NFC-enabled watch in Brazil. Read More:

In mobile payments war, big banks strike back

Banks have key advantages as they start to compete with popular online payment platforms. Read More:

Private equity firm Innova Capital backs Polish e-payment business PeP

European private equity firm Innova Capital has backed Polish e-payments business Polskie ePlatnosci(PeP). The firm said it intends to use the business as a platform...

The startup that is Europe’s answer to Square

It's one among a fledgling bunch of fintech businesses taking on traditional banks. Read More:

SafeCharge unloads its 5% minority stake in FinTech Group AG

SafeCharge exits its minority stake in FinTech Group AG for a small profit. Read more:

Klarna preps for tough competition with $35m debt financing

Sweden's Klarna has raised SEK300m ($35m) in its first subordinated unsecured bond issue as it prepares to battle tough fintech competitors globally.

TransferGo bags $3.4m Series A funding

Vostok Emerging Finance has led a $3.4m Series A financing round in international money transfer service TransferGo

LaSalle Capital acquires online payments platform

Chicago-based lower mid-market investor LaSalle Capital has bought a stake in payment solutions provider for an undisclosed amount.

Circle pay app launches Chinese operations with $60m in local financing

Instant payments app Circle, which so far provided services to the US and the UK, has now expanded to China with a $60m in fresh funding from local investors.