Indian payments firm Paytm files for IPO with $2.2bn target
The firm plans to use the funds to strengthen its payment network and explore new acquisitions.
PayTech
Verizon and Mastercard forge partnership to bring 5G capabilities to payments
Internet of Things (IoT) sensor connectivity will be combined with near real-time edge computing.
Discover targets BNPL offering with $30m Sezzle investment
The firm plans to launch a BNPL network solution on the Discover Global Network.
Reserve Bank of India blocks Mastercard from onboarding new domestic customers
RBI claims Mastercard Asia/Pacific has failed to comply with an earlier directive on data storage.
AI and machine learning spearheading rapid change in data reconciliations
The industry is moving towards Reconciliations-as-a-Service, says SmartStream’s Robin Hasson.
FortisPay appoints three new execs amid C-suite shake-up
The fintech firm has announced a new CEO, CFO and chief integration and information officer.
Apple reportedly in talks with Goldman Sachs to launch BNPL service
Goldman Sachs has been Apple’s partner for the Apple Card credit card since 2019.
Indian payments start-up MobiKwik targets $255 million raise with IPO
The IPO forms part of the company’s “IPO 2022 campaign”.
International Bank of Somalia partners Visa to launch card payment service
The partnership will enable cashless payments in the country.
White paper: Back to the future – 8 features of fast and future-proof BNPL technology
Discover the tools you need to get ahead and stay ahead as BNPL grows its market share.
White paper: Data on demand – the power of real-time data for risk decisioning
How real-time, on-demand data will change the way you make risk descisioning.
What the Fintech? | S.2 Episode 15 | Data after tomorrow
Bradley Riss, chief commercial officer at Checkout.com, joins us on this latest episode.
Monetary Authority of Singapore and Banque de France conduct cross-border CBDC test
The experiment was supported by JP Morgan’s blockchain innovation lab, Onyx.
ICYMI funding round-up: Toqio, Coincover, AREX Markets, Lidya & more
Another batch of funding rounds that might have flown under your radar.
Winners announced for the 2021 PayTech Awards
24 winners and 31 highly commended for projects, companies, products, individuals and teams!
Wise finalises record-breaking £8.75bn direct listing
Cross-border payments company debuts on the LSE in largest-ever listing for a tech firm.
Willa raises $18m in Series A funding to help freelancers get paid
The fintech claims to have 150,000 people on its waitlist.
Bank of Mongolia goes live with Compass Plus payments tech
Mongolian central bank needed to cope with increasing transaction volumes.
Indian fintech Pine Labs secures $600m investment
The firm landed an additional $315 million on top of the $285 million raised in May.
Dear Luc: Should I prepare for a wearable payments comeback post-COVID?
This week our writer asks: are wearables set for a comeback as social distancing eases?
Pleo lands $150m Series C funding round
The firm says the investment brings its valuation to around $1.7 billion.
Video: fintech news pick of the week – Danske Bank, Rapyd and Deutsche Börse
Our top pick of news from the world of finance and tech in bitesize video format, twice a week.
Kakao Pay files for IPO with $1.4bn target
The firm is scheduled to debut on KOSPI on 12 August.
Guide: Grow revenues with access to meaningful payments data
A deep-dive into the world of payments data to show what’s needed for best-in-class payments performance.
Moneycorp announces new head of payment solutions
Francesco Giovanni Ghizzardi previously held senior roles at Ebury and Cambridge Global Payments.
Rapyd to acquire Valitor in $100m deal
The payments fintech is looking to expand its reach across Europe.
A digital blindspot – corporate banking
Challenger banks continue to leave corporate customers behind at their peril.
Tribe Payments partners ClearBank to provide banking access for fintechs
The partnership will allow clients to add banking services to their payment products.
Klarna signs merchant financing partnership with Liberis
Liberis will roll out its revenue-based solution in the coming months.
Danske Bank to merge MobilePay with Nordic payment apps Vipps and Pivo
The parties say they have joined forces to “strengthen product development and innovation”.
Banking Technology July / August 2021 issue out now
Cover story: breaking with tradition – how Minna Bank is disrupting the Japanese system.
UK fintech Chippingin provides crowdfunding for kids
New collaborative payments firm claims to be the first of its kind.
Maroo launches in US to spread the cost of weddings
New fintech offers wedding payment plans for up to 24 months.
Deutsche Börse acquires Swiss digital assets firm Crypto Finance
German group paid “a modest three-digit million” sum for the firm.
Orum lands $56m in Series B funding round
The firm claims it has now raised over $82 million in total.
Retirement platform Smart raises $165m in Series D funding
Chrysalis Investments led the round with a £75 million equity investment.
Viva Wallet picks Fraudio to support anti-money laundering operations
The Greek fintech is looking to bolster its transaction monitoring.
What the Fintech? | S.2 Episode 14 | The hidden value of remittances
Vroon Modgill, CEO and founder of Sokin, joins us on this latest episode of the What the Fintech? podcast.
Analyst report: Expectation versus reality for payments data monetisation
Identifying the data-led services that corporates want. Download for free!
Fintech funding deals globally 14 June – 20 June 2021
Featuring Ebanx, ThinCats, Guideline, Bunq, and 10x.
