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News

Nium Collaborates with Stellar Development Foundation

  • The companies have partnered to enable payouts in 190 countries.
  • Firms building on Stellar can now leverage the global platform of Nium.
Thursday, 23/06/2022 | 07:52 GMT by Bilal Jafar
Payments

Apple Pay Later: Will It Make or Break BNPL?

  • Apple Pay Later will be launched in the US in September.
  • With widespread layoffs and regulatory concerns, other BNPL providers are falling.
Thursday, 23/06/2022 | 06:07 GMT by Arnab Shome
Payments

How to Find the Best Latin America Market Payments Provider

  • LATAM’s ecommerce market is growing. Here’s what you need to know.
Wednesday, 22/06/2022 | 10:34 GMT by Finance Magnates Staff
FinTech

ISX Financial Witnesses a 4.1% Increase in Its Revenue for 2021

  • The company's net assets increased by €11.4 million.
  • Revenue from customers grew 4% during the period.
Tuesday, 21/06/2022 | 23:41 GMT by Felipe Erazo
Executive Moves

Oneal Bhambani Joins Flutterwave as CFO

  • Bhambani joins the company from American Express.
  • In February 2022, Flutterwave closed its Series D funding round with a valuation of over $3 billion.
Monday, 20/06/2022 | 09:58 GMT by Bilal Jafar
FinTech

BIS’ Eurosystem Centre to Execute Crypto, Payments Security Projects

  • Eurosystem Centre to be launched 'in the coming months'.
  • BIS to partner with the Bank of Israel and HKMA on CBDCs and cybersecurity.
Friday, 17/06/2022 | 18:02 GMT by Solomon Oladipupo
Executive Moves

payabl. Onboards Theodoros Hadjistyllis as Cyprus Country Manager

  • He was previously working with RCB Bank.
  • payabl. is providing several payment-related services.
Thursday, 16/06/2022 | 11:22 GMT by Arnab Shome
News

MFS Africa Secures an Additional $100 Million in Equity and Debt Funding

  • The funding was led by Admaius Capital Partners.
  • The investment will increase MFS Africa’s integration into the global digital payment ecosystem.
Wednesday, 15/06/2022 | 09:50 GMT by Bilal Jafar
News

Certegy Signs Collaboration Deal with Trust Payments

  • The deal aims to leverage the Buy Now, Pay Later (BNPL) and BankPay offerings.
  • Trust Payments will be bringing the Certegy BNPL solution to its merchants.
Monday, 13/06/2022 | 21:20 GMT by Felipe Erazo
Analysis
Analysis
Payments
Analysis
Analysis

Can Africa’s Telco Giants Disrupt Nigeria’s Payments Industry?

  • MTN Nigeria and Airtel Africa want to drive inclusion in Nigeria's payments industry.
  • Trust, adoption, and acceptance are some of the challenges on their way, experts say.
Thursday, 09/06/2022 | 15:07 GMT by Solomon Oladipupo
News

US Retailers Show Interest in Crypto Assets, Report Says

  • According to Deloitte’s report, 85% of merchants expect suppliers to accept crypto in the next 5 years.
  • Merchants agreed that the adoption of crypto gives them a ‘competitive edge’.
Thursday, 09/06/2022 | 08:15 GMT by Bilal Jafar
FinTech

MFS Africa Acquires GTP in Rare Acquisition of US Tech Firm

  • The deal is reportedly worth $34 million.
  • The CEO Okoudjou says the acquisition is a "momentous milestone" for Africa.
Wednesday, 08/06/2022 | 15:52 GMT by Solomon Oladipupo
News

Monty Finance Expands Global Presence, Enters Europe with New Services

  • The fintech company is headquartered in the United Kingdom.
  • Monty Finance has officially launched its neobank and payment gateway in all European markets.
Wednesday, 08/06/2022 | 11:13 GMT by Bilal Jafar
CryptoCurrency

Fiat Republic Becomes EMI after Paybase Acquisition, Raises $2.5m

  • The funding raise was led by Credo Ventures.
  • Fiat Republic has also partnered with a leading US bank.
Wednesday, 08/06/2022 | 09:00 GMT by Solomon Oladipupo
FinTech

Revolut Collaborates with Tink to Ease Money Transfer in Europe

  • Users will authorize money movement without leaving Revolut app.
  • The partnership follows Revolut's move to deepen its presence in the US.
Tuesday, 07/06/2022 | 14:51 GMT by Solomon Oladipupo
News

MoneyGram Collaborates with Mobily Pay

  • The partnership will enable the launch of MoneyGram’s global money transfer capabilities on Mobily Pay.
  • The collaboration is expected to be live for consumers later in 2022.
Saturday, 04/06/2022 | 10:09 GMT by Bilal Jafar
News

TrueLayer Partners with Thunes to Improve Payment Experience

  • Thunes is building a borderless B2B payment infrastructure.
  • The partnership will facilitate consumers across the UK and Europe.
Wednesday, 01/06/2022 | 13:13 GMT by Bilal Jafar
Executive Moves

PagoNxt Names Kush Saxena as CEO of PagoNxt Merchant Solutions

  • Saxena joins PagoNxt from Mastercard.
  • Established in 2020, PagoNxt brings together all of Santander’s most innovative payments businesses.
Tuesday, 31/05/2022 | 12:00 GMT by Bilal Jafar
News

Trustly Announces Acquisition of Ecospend

  • Ecospend is an open banking payments platform based in the UK.
  • The financial details of the acquisition were not disclosed.
Tuesday, 31/05/2022 | 11:01 GMT by Bilal Jafar
News

Moneycorp Posts 70% Rise in Group EBITDA for Q1 2022

  • In 2021, the Group saw strong growth in gross revenue and trading volumes.
  • The payments firm also highlighted the surging demand from financial institutions and SMEs.
Wednesday, 25/05/2022 | 07:12 GMT by Bilal Jafar
News

Xendit Receives $300 Million in Series D Funding

  • The payments platform closed its Series C investment round last year.
  • Xendit aims to increase the use of digital tools in the payment sector.
Monday, 23/05/2022 | 08:53 GMT by Bilal Jafar
Executives

BridgerPay Hires Laoura Salveta to Lead Marketing Team

  • Salveta brings over 20 years of marketing experience to the role.
  • The move precedes BridgerPay's The Future of Payments event.
Friday, 20/05/2022 | 13:59 GMT by Solomon Oladipupo
FinTech

Ripple Dedicates $100m to Carbon Removal, Climate Fintech Companies

  • The fund will support innovation on the XRP Ledger.
  • The ultimate goal is to limit the rise of global temperature to 1.5°C.
Thursday, 19/05/2022 | 15:58 GMT by Solomon Oladipupo
News

Nium Expands Payment Services in Malaysia

  • The real-time payments services are now available in the region.
  • In 2021, Malaysia recorded 1.1 billion real-time payment transactions.
Thursday, 19/05/2022 | 09:13 GMT by Bilal Jafar
Payments

The Top 5 Payment Gateway Providers in 2022

  • Everyone is looking for a safe and hassle-free solution for their business.
Thursday, 12/05/2022 | 10:45 GMT by Finance Magnates Staff
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