June 17, 2019 @ 1:23 pm By Samantha Hurst  |  

Global digital asset exchange OKCoin announced on Monday it has teamed up with fintech Simplex to enable international users to make USD deposits through debit or credit card. According to OKCoin, the feature is available to users outside of Europe, China and the U.S., with… Read More

 Tagged digital asset exchange, fintech, okcoin, simplex

June 17, 2019 @ 1:01 pm By JD Alois  |  

The Vice Premier of China, Hu Chunnhua, is visiting UK government officials this week. As part of the tour, the UK government has announced a series of deals designed to boost trade with China including financial services. The new business deals were agreed to by… Read More

 Tagged china, dit, liam fox, uk, united kingdom

June 17, 2019 @ 12:05 pm By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has expanded its cooperation with German retailer, KaDeWe Group, to enable all digital in-store payments. Wirecard reported that through the expansion, it will now handle all cashless payments. “The Wirecard digital financial… Read More

 Tagged germany, kadewe, payments, transaction, wirecard

June 17, 2019 @ 11:16 am By JD Alois  |  

Paysend, an FCA regulated payments platform, has officially launched its anticipated stablecoin. The Pays XDR stablecoin is backed by a basket of five fiat currencies including the US Dollar, Euro, Yen, Chinese Yuan and Pound Sterling. The stablecoin is using the Stellar blockchain and is… Read More

 Tagged payments, pays xdr, paysend, ronald millar, ronald miller, seedrs, stablecoin, stablecoinn, tom zschach, uk, united kingdom

June 17, 2019 @ 9:26 am By Samantha Hurst  |  

Bottomline Technologies (NASDAQ: EPAY), a UK-based fintech, announced on Monday it has formed a new partnership with Starling Bank to launch of its Real Time Payments Express Service. The company reported that the new service will allow banks and corporates to send, receive, and track… Read More

 Tagged bottomline technologies, fintech provider, real-time payments, starling bank

June 17, 2019 @ 8:02 am By Samantha Hurst  |  

Online payment processing provider Allied Wallet announced on Monday it has acquired Epayment, a Hong Kong-based fintech. The acquisition comes just a couple of weeks after Allied Wallet reported it has increased merchant revenue by as much as 60% for some merchants with its new… Read More

 Tagged acquisition, allied wallet, epayment, hong kong

June 16, 2019 @ 10:45 pm By Samantha Hurst  |  

Just a little over a week after launching its equity crowdfunding campaign on Seedrs, UK fintech Paysend is now nearing £4.4 million in funding from more than 530 investors. The funding round originally sought to raise £4.2 million, which was secured in three days. Founded… Read More

 Tagged fintech, payments, paysend, seedrs, uk, united kingdom

June 16, 2019 @ 10:25 pm By Samantha Hurst  |  

Payment process platform Square announced last week it has formed a new partnership with the Ogden Raptors, which is a professional minor league baseball team and affiliate of the Los Angeles Dodgers, to provide what it claims to be a faster and more convenient payment… Read More

 Tagged baseball, ogden, payments, raptors, square

June 16, 2019 @ 5:00 pm By X.Y. Ng  |  

The Fintech space has seen significant investment growth in recent years. Out of 310 private companies valued at over US$1 billion globally, 10 percent are in the Fintech sector, according to CB Insights. Only two other sectors claim a larger share of the unicorn pie,… Read More

 Tagged asean, online lending, p2p, peer to peer, singapore, validus capital, x.y. ng

June 16, 2019 @ 2:49 pm By Cali Haan  |  

Jack Dorsey, self-taught programmer and co-founder of Twitter and Square gave two interviews this week in which he talked up Square’s recent efforts to coalesce an in-house team of developers that will contribute to coding Bitcoin and possibly other cryptocurrencies. Square began by providing credit… Read More

 Tagged jack dorsey, payments, square, twitter