Tagged: payments

Money Transfer Fintech TransferGo Gets $17.5 Million in Funding

London based Fintech TransferGo has closed on a Series B funding round in the amount of $17.5 million according to the company. The funding was led by Vostok Emerging Finance and Hard Yaka from Silicon Valley. Revo Capital, U-Start Club and Practica Capital also participated… Read More

Payment Network UATP Teams Up With Chase to Allow Airlines to Accept Chase Pay

UATP, a U.S.-based airline-owned payment network, announced on Friday it has partnered with Chase to allow airlines to easily accept Chase Pay as a payment and checkout option in their own mobile apps and websites by enabling a network-wise connection. The duo reported that Chase customers may… Read More

U.S. Fintech Kyriba Forms New Partnership With WorldFirst to Expand Global Solutions Ecosystem

U.S. fintech startup Kyriba Corp. announced on Monday it has formed a partnership with WorldFirst, a foreign exchange and international payments expert, to expand its global solution ecosystem. According to Kyriba, the partnership with WorldFirst will streamline payment processes, increase the speed and transparency of cross-border payments, and… Read More

China: WeiyangX Fintech Review

Sesame Credit Accepted for Canadian Visa Application This week, the Canadian Immigration Department (IRCC) announced that Chinese tourists can choose to submit his/her Sesame Credit Visa report (≥750 points) as financial proof for Canadian visa application. Sesame Credit is credit-assessment service offered by Ant Financial,… Read More

Dash Syncs with Payments Processor ePaymints: Aiming to Solve to “Current Pain Points”

Dash, an e-commerce and payments-focused digital currency, has joined forces with the global merchant account and payments processing solutions provider ePaymints. Through the partnership, Dash will work with ePaymints’ clients to integrate Dash as a solution to the current pain points within today’s traditional payments, focusing… Read More

BNP Paribas Set to Bring Apple Pay to Customers in Belgium

BNP Paribas, the global Top-10 bank headquartered in France, announced on Wednesday it is set to bring Apple Pay to customers located in Belgium. The news comes after the banking group brought Apple Pay available to its clients in the USA in 2016, followed by… Read More

U.S. Digital Financial Services Provider NovoPayment Announces Expansion of Developer Hub to Include New Partner-Integrated API’s

NovoPayment, a enabler of digital financial services for the Americas, announced on Monday the expansion of its Developer Hub. This expansion will include new partner-integrated application protocol interfaces (APIs), enterprise customer functionalities and an enhanced user experience. Founded in 2004, NovoPayment enables digital financial and transactional services through… Read More

Singapore Looks to Incorporate New Regulatory Framework for Payment Services Including Crypto

Following the recent Fintech Festival in Singapore, the Monetary Authority of Singapore (MAS) has completed a new regulatory framework for payment services in Singapore. The Payment Services Bill is said to provide a “more conducive environment for innovation in payment services, whilst ensuring that risks across the payments… Read More

InstaReM Banks First $20 Million of Series C Funding

InstaReM, a Southeast Asian payments company, has closed on the first $20 million of a $45 million series, according to a report from the company. InstaReM claims to be funding one of the largest Series C rounds for a Fintech in Southeast Asian history. The… Read More

Yoyo Wallet to Provide Payments & Loyalty App to easyCoffee

Yoyo Wallet has partnered with easyCoffee to provide mobile payments and loyalty app for the company. easyCoffee is in expansion mode planning to open up 200+ locations across the UK over the next three years. easyCoffee is a coffee chain founded by entrepreneur Nathan Lowry… Read More

Paysafe Teams Up With Paytm Canada To Extend Payment Options Through Fully Integrated Mobile Payment Processing Solution

Paysafe Group, a global payments provider, announced on Tuesday it is partnering with Paytm Canada to extend the payment options their customers have to securely and easily use their smartphones to pay for goods and services. According to Paysafe, Paytm Canada launched its first consumer-facing mobile application allowing… Read More

New Head of Lemon Way Payment Ltd Talks Setting Up in the UK

At LendItFintech Europe in London this week, CI caught up with Emmanuel de Cazotte who was recently appointed to head Lemon Way Payment Ltd of the newly opened office in London of the European payment processor. Lemon Way is a payment solution specialized in serving… Read More

Bank of England, Bank of Canada & Monetary Authority of Singapore Join in Publishing Report on Payments and Possible Use of Blockchain

CROSS-BORDER INTERBANK PAYMENT AND SETTLEMENTS: Emerging opportunities for digital transformation Three governmental agencies have collaborated on a report pertaining to payments and settlements seeking to join in a push for a unified approach to this sector of Fintech. The Bank of England, Bank of Canada… Read More

China: WeiyangX Fintech Review

Beijing publishes Fintech Development Plan (2018-2022) Recently, the Zhongguancun Administration Committee, the Beijing Financial Work Bureau and the Beijing Municipal Science and Technology Committee jointly issued the “Promotion of Financial Technology Development Plan (2018-2022)” (hereinafter referred to as “plan”). The goal of the plan is,… Read More

BitPay Appoints Former Western Union & PayPal Exec Rolf Haag As New Head of Business Solutions

Global blockchain payments provider BitPay announced on Wednesday it has appointed former Western Union and PayPal executive Rolf Haag as its new Head of Business Solutions. According to BitPay, Haag has nearly 20 years of experience in fintech and will be responsible for the company’s business to… Read More

Aussie Fintech INAMO Announces Contactless Wearable Pilot in the U.S.

Australia- based fintech startup INAMO is reportedly testing out its contactless wearables in the U.S. Founded in 2016, INAMO reported it is now seeking to transform the way payments are being made by developing wearable payment devices to make contactless payments faster and simple. “Our waterproof… Read More

LeoPay’s customers say their accounts were closed without warning after Malta bank freeze

Customers of Leopay have been left unable to access money stuck in their accounts after the Maltese authorities froze activities at a bank co-owned by the Leopay’s founder Christo Georgiev, the Financial Times reported. Clients of the London based payments and transfer firm started filling reports… Read More

Following $117 million ICO, PumaPay Announces that V 2.0 of its PullPayment Protocol is Now on Mainnet

Having completed the 7th largest initial coin offering (ICO) of all time at $117 million, PumaPay has recently announced that its 2.0 version of their PullPayment Protocol solution is on Mainnet. PumaPay provides an open source “free-of-charge blockchain-based protocol” that decentralizes the transaction process. The protocol… Read More

Payments Platform Adyen Expands into Canada, Grows Client Network

The Dutch payments platform Adyen (AMS: ADYEN) has now expanded its platform’s reach into Canada. In addition, Adyen also announced that four new customers — Dollar Shave Club, Adidas, Busbud and Canada Goose — have selected Adyen as their payments processor in Canada. Key Ayden clients include Facebook,… Read More

Crypterium Allows Anyone to Send Crypto Directly via Bank Transfers to Traditional Accounts

Crypterium has announced that as of last week 400,000 users will be given the opportunity to test paying their loans directly via cryptocurrency.  Crypterium is already allowing consumers in Australia to transfer crypto and deposit into bank accounts with a partnership with BPAY. Led by former… Read More

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