PFS sells up to Australia’s EML Payments for $290 million
EML aims to become “one of the largest fintech enablers in open banking”.
EML aims to become “one of the largest fintech enablers in open banking”.
Sources say Visa paid $200 million for a 20% stake.
The service aims to counter the cash on delivery culture.
The round will fuel further growth into the UK, the US and Asia.
FinTech Future’s weekly news round-up.
Sokin’s CEO believes disruption hasn’t hit remittances yet.
The paytech charges the merchant rather than the consumer.
The bank hopes to “spur innovation in [the] digital payments space”.
The round was led by General Atlantic.
Prepaid card scheme for international visitors is a first for the giant Chinese payment firms.
Competitor Subaio has recently signed deals with various other Nordic banks.
It includes $83m in a Series C extension and $60m in debt financing.
The fintech has axed 20% of its staff and undergone a business restructure.
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
The fintech is deploying 1,100 cashless terminals across the UK.
The card will go live alongside its business euro account launch.
Uber has rolled out its financial product line Uber Money.
The bank support firm wants to make integrations easier for merchants.
The start-up is trying to keep up with ever-changing mobile apps.
An official account is the first step for a company towards the Chinese audience.
Existing investors SoftBank and Ant Financial are also expected to participate.
The companies will be showcased at Melbourne’s Intersekt conference.
Applications need to be made by 22 November 2019.
The fintech will expand its operations in Europe, Japan and the US.
The telephone-based brand is looking at AI and in-app technology.
Facebook’s hopes of a global cryptocurrency are hanging in the balance.
The card enables limitless spending and zero foreign exchange fees.
The fintech partners with Volksbanken Raiffeisenbanken.
The bank wants to inject “much needed competition” into the SME space.
Laskaris will serve high-net-worth individuals and corporate clients.
The UK-based fintech is accepting sign ups on its waiting list.
Lessons from Africa.
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The tech enables contactless POS and ATM transactions.
Fiserv talks on the evolution of payments.
Bigtechs have been quietly accumulating lots of data.
Th trend is shifting from last year’s focus on renewable energy.
Schemes like Request to Pay will change the game, says panel.
Phalen admits it’s “a shame” that US firms are still cash-heavy.
Fundbox can offer businesses greater cash flow predictability.