Wednesday, May 1, 2024
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TransferWise begins money transfer service in Vietnam

Transferwise now available for Vietnam. One of the hottest FinTech startups worth over a billion dollars, has begun serving the Vietnamese market. Read more: fintechnews.sg

Payment companies fear to lose business to FinTech

PricewaterhouseCoopers report based on a survey has revealed that payments sectors are active in acquiring FinTech startups and launching their own subsidiaries. Read more: www.econotimes.com

Mobile payments company Square reports jump in revenue

Mobile payments company Square has reported a 41.5% jump in revenue and diminishing losses as more large merchants make sales using Square's technology. Read more: timesofindia.indiatimes.com

Rent payments move up to mobile

Jonathan Eppers, founder and CEO of RadPad, whose goal is to make writing checks for rent a relic of the past. Read more: www.pymnts.com

Japan’s Paidy closes $15m Series B round

Paidy, a Tokyo-based cardless e-commerce payment and instant credit service, has closed a $15m Series B round.

China to lead FinTech payments market in 2017

China will emerge as the leading export market in the payment sector in 2017, while Japan will become the leading export market for the overall FinTech sector. Read more: www.econotimes.com

Opportunity for FinTech as UK calls for payments reform

New opportunities could arise for FinTech firms following the UK payments regulator call for reform. Read more: techcitynews.com

Santander doubles the size of London FinTech venture fund

Banking major Santander has doubled the size of its fintech venture capital fund Santander InnoVentures with a $100m injection of fresh capital.

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...

Can FinTech solve the extended supplier payment term puzzle?

A new type of financial services provider is emerging, and experts believe it has the power to transform global supply chains. Read more: www.business2community.com

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