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Mobile Payments
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Payments
Mobile Payments in Developing Countries
2023-02-22T18:46:28.627+02:00
Advantages, Challenges, and Opportunities
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FinTech
Payment Firm Boku Expects a 9% YoY Revenue Jump in H2 2022
2023-01-17T10:21:24.441+02:00
It is expecting an annual EBITDA of at least $20 million.
The monthly active users on the platform jumped 28 percent.
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PayU Gets Regulatory Backing to Acquire Colombian Fintech Ding
2022-09-16T02:04:53.635+02:00
The approval came from Colombia's SIC and SFC.
PayU and Credibanco entered an agreement on Ding months ago.
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FinTech
Swiss Fintech Klarpay Gains Visa Principal Membership
2022-07-06T14:31:02.986+02:00
Klarpay to access Visa's cross-border network.
The membership is an addition to Klarpay's Level 1 PCI DSS Certification.
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Payments
High Demand for Digital Payments, 1.4 Billion People May Use Biometrics Payments by 2025
2022-07-06T08:20:53.996+02:00
BNPL is popular among millennials and Gen Z according to a new study.
Cashless payments in Southeast Asia is expected to reach $1 trillion by 2030.
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FinTech
Fintech PocketApp Gets AIP for Nigeria's Apex Bank’s MMO License
2022-06-27T22:38:54.248+02:00
PocketApp just rebranded from Abeg.
MMO license is a permit to create and manage digital wallets and issue electronic money.
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Analysis
Payments
Analysis
UPI in India: Is It Better than Other Mobile Payments?
2022-06-27T12:26:46.239+02:00
It processed $133 billion in transactions in May 2022.
The network is also expanding internationally.
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FinTech
MFS Africa Acquires GTP in Rare Acquisition of US Tech Firm
2022-06-08T17:52:37.096+02:00
The deal is reportedly worth $34 million.
The CEO Okoudjou says the acquisition is a "momentous milestone" for Africa.
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FinTech
Thunes Partners with MOVii to Power Cross-Border Payments in Colombia
2022-05-27T15:14:08.317+02:00
MOVii says it has more than 3 million mobile wallet users.
Thunes’ global network spreads across 127 countries.
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CryptoCurrency
Canadian Bitcoin Firm, Shakepay, Gains New Security Certificate
2022-05-10T15:49:57.075+02:00
Attestation took several months of working with auditors from A-LIGN
The audit was based on principles set by AICPA's TSC.
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News
Payments Firm Boku Turns $4.4 Million Profits in 2021
2022-03-29T09:07:51.803+02:00
The company became profitable after a grave year of losses.
It is now focused on expanding services this year.
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FinTech
Zotapay Reach Malaysian Clients via DuitNow QR Standard
2022-03-23T18:08:29.548+02:00
DuitNow QR codes is a very popular payment method in Malaysia.
By 2024, the mobile payment market size is expected to hit 3 trillion.
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Matti Williamson
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FinTech
Worldline in Talks to Sell TSS Terminals Business to Apollo
2022-02-21T18:00:00.000+02:00
Worldline will sell a subsidiary business to raise new capital and cut debt.
The firm has entered talks with Apollo Funds interested in taking up the business.
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Nicholas Otieno
News
Worldline Expands Payment Offering for Global Merchants
2022-02-10T15:57:09.183+02:00
The company has announced the integration of Alipay+ into its global portfolio.
The enhanced offering will support merchants through a wide range of digital payment options.
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FinTech
PayedIn Launches Its Pay Solution App in Nigeria
2022-01-30T12:05:13.336+02:00
The fintech firm aims to enable businesses to access efficient ePayment solutions.
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CryptoCurrency
Bitwage Launches New Bitcoin-Friendly Platform
2022-01-30T11:55:26.517+02:00
Bitwage unveils a new platform for its new users.
The new platform offers bitcoin payment solutions to companies and workers
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Retail FX
Trust Payments Announces Expansion of Its Retail Forex Business in Cyprus
2022-01-27T10:13:07.611+02:00
Trust Payments confirms expansion in Cyprus.
The global payments group wants to accelerate its FX business on the island.
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FinTech
Santander Rolls Out a ‘Buy Now, Pay Later’ Service to Compete with Fintech Rivals
2022-01-27T09:45:59.311+02:00
Santander is launching a new ‘buy now pay later’ service across its European markets.
The bank wants to fight off competition from other fintech rivals.
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Institutional FX
JPMorgan Eyes Viva Wallet, to Acquire 49% Stake
2022-01-25T16:44:49.657+02:00
The deal is estimated to be worth 700 million Euros.
Haris Karonis to retain the remaining shares.
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FinTech
Ford Signs 5-Year Deal with Stripe to Boost Its Digital Payments
2022-01-18T00:33:11.907+02:00
Ford has partnered with the online payments group, Stripe.
The motor company wants to accelerate its digital transformation.
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News
Mizuho Bank Invests in Vietnam’s Payment Platform
2021-12-24T10:40:31.389+02:00
M-Service is Vietnam’s leading digital payment company.
The fintech company operates the MoMo brand.
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Executives
Checkout.Com Poaches Facebook’s Fintech Exec as New CPO
2021-12-20T09:38:12.057+02:00
Meron Colbeci brings in-depth financial services experience to Checkout.com.
Meta Inc continues to lose several executives
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News
Mobile Payments Firm Boku Posts 38% H1 Revenue Jump
2021-09-07T09:46:44.000+02:00
The pre-tax profits of the company came in at $1.9 million, compared to the previous year’s $0.09 million.
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Arnab Shome
News
Paysend Raises $125 Million to Accelerate Its Global Expansion
2021-05-26T14:52:37.000+02:00
The latest funding round was led by One Peak.
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News
Zimbabwe Suspends Mobile Money Platforms to Push Fiat
2020-06-29T12:55:19.000+02:00
80 percent of transactions in the country are done with mobile money.
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See more
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