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DoorDash starts operations in New Zealand

News | Ecommerce | 26 May 2022

US-based technology and logistics company DoorDash has gone live in New Zealand.

delivery, ecommerce, expansion, merchant, SMEs

PayByPhone app launches in Italy and Germany

News | Mobile Payments | 26 May 2022

Global app for mobile parking payments PayByPhone has announced it expands to Germany and Italy by adding a total of 470 cities  where its services are now available.  

expansion, online payments, mobile payments, travel payments, COVID-19, cross-border payments, cross-border logistics, contactless payments

Digital wallet Pebble raises USD 6.2 mln to expand across Southeast Asia

News | Online Payments | 25 May 2022

Newly launched digital wallet Pebble has raised USD 6.2 million in a round backed by Y Combinator, East Ventures, and LightShed Ventures.

e-wallet, mobile payments, mobile money, digital wallet, cashback, funding, expansion, stablecoin

Creditspring raises GBP 48 mln to improve financial stability in the UK

News | Payments General | 25 May 2022

UK-based fintech lender Creditspring has announced it raised GBP 48 million to enhance financial stability by offering borrowers an inclusive, affordable credit option.

product upgrade, expansion, funding, crowdfunding, lending, financial inclusion

Paysafe expands OLG partnership

News | Payments General | 25 May 2022

Paysafe has extended its partnership with Ontario Lottery and Gaming (OLG), with an Income Access-powered affiliate programme.

partnership, gambling, Paysafe, expansion

JPMorgan warns British digital bank arm could top USD 1 billion in losses in the next years

News | Online & Mobile Banking | 24 May 2022

JPMorgan Chase has announced it is expecting to lose more than USD 1 billion in the next few years on its new digital-only international consumer bank that began operations in the UK in 2021.

online banking, digital banking, expansion, fintech

ING Germany and Amazon expand cooperation with flexible credit line

News | Online & Mobile Banking | 24 May 2022

Banking and financial services company ING Germany and ecommerce company Amazon have announced expanding their partnership in order to offer a flexible credit line.

partnership, expansion, banking, Amazon, embedded finance, payment processing, SMEs

EML Open Banking expands into 20 new countries

News | Online & Mobile Banking | 24 May 2022

Nuapay (EML Payments Limited's Open Banking business), has connected to banks in another 20 countries in Europe.

Nuapay, Open Banking, expansion

Rakuten expands cashback programme to UK, Spain, and Germany

News | Ecommerce | 24 May 2022

Japan-based online commerce and retailing company Rakuten Europe has announced the launch of a new cashback programme in the UK, Spain and Germany. 

expansion, ecommerce, online shopping, online payments, payment processing, cashback

aifinyo and Billomat complete merger to offer smart billing solutions

News | Online & Mobile Banking | 24 May 2022

Germany-based cloud accounting software and invoicing programme provider Billomat and smart billing company aifinyo have announced completing their merger which was announced in March 2022.

partnership, merger, expansion, e-invoicing, financial services, financing

allpay teams with Payzone to augment cash collection offering

News | Payments General | 24 May 2022

UK-based payments specialist allpay has partnered with Payzone to add an additional 12,500 stores across UK where customers can pay bills using cash.

cash, partnership, expansion, payment methods

Nium launches real-time payments to Malaysia

News | Payments General | 19 May 2022

Singapore-based fintech Nium has made real-time payments available in Malaysia and announced broader local license capabilities.

real-time payments, expansion, fintech, PSP, settlement, Nium

Thought Machine doubles its valuation to USD 2.7 bln

News | Online & Mobile Banking | 19 May 2022

UK-based fintech Thought Machine has doubled its valuation to USD 2.7 billion as the cloud banking company pulls in institutional investors like Morgan Stanley and looks to expand its international presence.

cloud, banks, funding, fintech, expansion

Pemo receives seed funding and launches SMEs spend management platform

News | E-invoicing, SCF & E-procurement | 19 May 2022

UAE-based fintech startup Pemo has raised USD 12 million in seed funding round and launched an all-in-one spending management platform for SMEs across the MENAP region.

startup, funding, expansion, SMEs, personal finance management, spend management, e-invoicing

Fintech Scion's acquiring company, HWGC Holdings, raises USD 25 mln

News | Payments General | 19 May 2022

UK-based Fintech Scion’s acquirer HWGC Holdings has intended to raise USD 25 million of equity capital to expand operations in Europe and Asia.

funding, expansion, fintech, acquisition, Acquirer

Apis Growth Fund II invests in DT One

News | Mobile Payments | 19 May 2022

UK-based private equity fund Apis Growth Fund II has invested in B2B digital micropayments platform DT One for further expansion.

cross-border payments, mobile payments, expansion, funding, micropayments, remittance

BforBank chooses Temenos for future expansion

News | Online & Mobile Banking | 18 May 2022

Switzerland-based cloud banking platform Temenos has announced that BforBank has selected its open platform for composable banking to support future expansion.

partnership, digital banking, cloud banking, expansion

Routable enables instant payouts with Real-Time Payments

News | Payments General | 18 May 2022

US-based payments platform Routable has launched Real-Time Payments (RTP), allowing businesses to pay vendors and contractors.

product launch, real-time payments, expansion, API, instant payments

Modulr raises USD 108 mln in Series C funding round

News | Online & Mobile Banking | 18 May 2022

Embedded payments platform for digital businesses Modulr has raised USD 108 million (GBP 83 million) in series C funding.

Modulr, investment, Open Banking payments, expansion, account-to-account payment

in3 secures USD 85.3 mln series B round and partners with Mollie

News | Online Payments | 18 May 2022

Netherlands-based fintech in3 has raised a USD 85.3 million Series B round and partnered with Mollie to reach more customers.

BNPL, instalment payments, merchants, funding, expansion