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Square introduces Bitcoin conversions for Cash App users

News | Cryptocurrencies | 26 Apr 2024

US-based financial technology conglomerate Block has decided to link its merchant services system Square and peer-to-peer payments app Cash App.

product upgrade, financial services, Bitcoin, cryptocurrency

Ouro selects Bnext as strategic issuer in Europe

News | Cards | 25 Apr 2024

US-based fintech Ouro has designated Bnext as strategic issuer in Europe for its portfolio of consumer financial brands and products.

prepaid card, financial inclusion, payment processing, digital wallet, EMI licence

1Kosmos launches credential service

News | Digital Identity, Security & Online Fraud | 25 Apr 2024

Identity proofing and passwordless authentication company 1Kosmos has announced the expansion of its offering with the launch of a Credential Service Provider (CSP) managed solution. 

identity verification, identity fraud, digital identity, digital verification, multi-factor authentication

Startup Pomelo secures USD 35 mln Series A

News | Mobile Payments | 24 Apr 2024

US-based Pomelo, a fintech startup that combines international money transfer with credit, has raised USD 35 million in Series A funding round.

remittance, money transfer, credit card, funding, expansion

Thunes to acquire Tilia

News | Online Payments | 23 Apr 2024

Singapore-based cross-border payments company Thunes has announced its plans to acquire Tilia, an all-in-one payments platform, to accelerate its expansion in the US. 

payments , payment methods, payout, online payments, expansion

Google Wallet to launch in India

News | Mobile Payments | 18 Apr 2024

Google Wallet has set to launch in India, separate from Google Pay.

digital wallet, mobile payments, product launch, digital payments, loyalty programme

Orange Money and Jordan Post join forces

News | Payments General | 17 Apr 2024

Orange Money and the Jordan Post Company have signed an agreement to boost digital financial services in Jordan.  

digital payments, digital wallet, financial services, financial inclusion, partnership, transactions

Stripe secures USD 694 million in tender offer

News | Online Payments | 16 Apr 2024

Financial infrastructure platform for businesses Stripe has announced that it secured USD 694.2 million in the tender offer from February 2024. 

funding, investment, financial services, public listing, online payments

Uber halts fintech plans in Mexico

News | Online & Mobile Banking | 11 Apr 2024

American ride-hailing company Uber has chosen to temporarily halt its fintech strategies in Mexico, despite previously securing the necessary licence to deliver financial products.   

fintech, financial services, financial inclusion, digital payments, debit card

Transi chooses Velmie to launch a remittance app

News | Mobile Payments | 10 Apr 2024

US-based e-wallet Transi has partnered with fintech provider Velmie to launch a remittance app that facilitates transactions between the US and the Dominican Republic.

mobile payments, money transfer, remittance, financial inclusion, fintech

LemFi receives CBK approval for Kenya remittance operations

News | Mobile Payments | 08 Apr 2024

US-based fintech LemFi has received regulatory approval from the Central Bank of Kenya (CBK) to operate remittances in Kenya.

remittance, mobile payments, digital wallet, FX , money transfer

MoneyGram partners with Tencent Financial Technology

News | Online Payments | 05 Apr 2024

Global financial technology company MoneyGram has entered a collaboration with Tencent Financial Technology in a bid to enable digital remittances in China. 

partnership, online payments, ecommerce, financial inclusion, financial services, cross-border payments

Xoom allows US users to fund transfers with PYUSD stablecoin

News | Cryptocurrencies | 05 Apr 2024

Xoom, PayPal's cross-border money transfer service, now allows US users to fund transfers abroad using USD converted from the PayPal USD (PYUSD) stablecoin.

cross-border payments, stablecoin, transactions , funding

Bluecode Partners with Viva.com

News | Payments General | 04 Apr 2024

Austria-based payment brand Bluecode has entered into a strategic partnership with European technology bank Viva.com.

QR payments, banks, financial services, partnership

GrabPay cards discontinued for Singapore and Philippines users

News | Payments General | 04 Apr 2024

From 1 June 2024, GrabPay users in Singapore and the Philippines will no longer have the option to utilise their GrabPay physical or digital cards for transactions, both online and offline.

financial services, transactions , e-wallet, digital wallet

Crypto.com launches in South Korea

News | Cryptocurrencies | 03 Apr 2024

Crypto.com, the cryptocurrency platform serving over 80 million customers globally has announced the launch of the Crypto.com App in South Korea.

trading platform, cryptocurrency exchange, crypto, NFT, regulation

Telegram to offer ad purchases using Toncoin

News | Cryptocurrencies | 02 Apr 2024

Messaging app Telegram has enabled its users to buy advertisements using Toncoin (TON), with a revenue share programme that will reward channel owners.

cryptocurrency, product upgrade, blockchain, digital assets, IPO

GCash partners with PayPal to help freelancer get paid

News | Mobile Payments | 01 Apr 2024

Philippines-based super app GCash and PayPal have partnered to facilitate freelancers and MSMEs to withdraw their PayPal funds through GCash.

SMEs, mobile payments, money transfer, ATM, digital wallet

Ant International partners with Capital A Berhad

News | Payments General | 29 Mar 2024

UK-based digital payment and financial services provider Ant International has partnered with Capital A Berhad.

partnership, payments , financial services, digital payments

MoneyGram International partners with barraq

News | Payments General | 29 Mar 2024

Global financial technology company MoneyGram International has entered into a strategic partnership with financial technology app barraq.

cross-border payments, partnership, fintech, financial services