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The Paypers has researched and analysed the most prolific partnerships that defined and built resilience within the payments & commerce and banking & fintech sectors in Q3 2023, from payments infrastructure, BNPL, the proliferation of Tap-to-Pay, the surge of Open Banking tech, and overall digitalisation attempts for banking and financial services.
payments , paytech, partnership, The Paypers Quarterly Analysis series, ecommerce, fintech
KakaoBank has announced that it will buy a 10% stake in Superbank, the Singapore Telecommunications and Grab-backed digital-focused bank in Indonesia.
mobile banking, online banking, digital banking, partnership, banking
South Korea-based MOIN has partnered with Currencycloud to expand global coverage for South Korea’s remitters while improving the cross-border payment experience for customers.
remittance, cross-border payments, COVID-19, money remittance, partnership
UK-based payments infrastructure company TerraPay has received in-principle approval for an MPI licence from the Monetary Authority of Singapore.
MPI licence, payments , expansion, payments infrastructure
Malaysia-based GAT Investment Bank has joined UK-based Currencycloud, to launch the GAT Money app for clients who need a global banking solution.
partnership, cross-border payments, Global Payments, banking
Sweden-based Shido Wallet has released its integration with Alchemy Pay’s off-and-ramp solution to improve the accessibility of the Shido ecosystem.
product launch, digital wallet, cryptocurrency, digital assets
Malaysia-based fintech Soft Space has completed its USD 31.5 series B1 funding round to expand global footprint and widen its customer base.
funding, investment, expansion, fintech, payment processing
Deutsche Bank has acquired a stake in DataMesh to accelerate the buildup and service offering of the bank’s merchant solutions across the Asia Pacific.
banks, investment, acquisition, merchant, transactions
Payment services provider Worldline has announced a strategic partnership with Turkey-based fintech Lidio to help its international ecommerce businesses access the Turkish market.
partnership, payments , ecommerce, cross-border ecommerce, cross-border logistics, cross-border payments, merchants, expansion
India-based fintech platform KreditBee has raised USD 80 million in a series D funding round with participation from MUFG Bank aimed at diversifying its product portfolio.
funding, investment, banking, lending, underwriting, credit scoring
AppotaPay, Vietnam, payments licence, payments , digital wallet, e-wallet, payment gateway
India-based cashback site CashKaro has announced expanding its range of services for ecommerce after raising USD 10 million in Series B funding.
CashKaro, cashback, funding round, ecommerce, India, Asia, APAC, EarnKaro, Korea Investment Partners, Kalaari Capital
India-based food delivery company Swiggy has received an additional USD 43 million funding in its Series I funding round, led by China-based internet giant Tencent.
India, food delivery, Swiggy, funding round, China, Tencent
Henrik Nilsmo, EBANX: Brazil, Mexico, and Argentina are leading the pack in the region, with more than 160 million people buying goods and services from our core partners
EBANX, LATAM, digital payments, fintech, paytech, innovation
Douglas Feagin of Alipay presents the journey of building financial services for the underserved individuals and of creating trust between buyers and sellers in China
Alipay, Ant Financial, Douglas Feagin, digital finance, unbankded, e-wallet, mobile payments, banking, Facebook, China, Instagram, GCash, TrueMoney, KakaoPay, cross-border remittances, blockchain, ecommerce
We interviewed Jordan Graison, Limonetik, to learn more about the opportunities that payment companies can benefit from in Africa
Africa, Limonetik, Jordan Graison, ecommerce, payments , fintech, payment method, credit card, Amazon, Jumia, Visa, bank, PSD1, MasterCard, M-Pesa, cash, e-wallet, Central African Economic and Monetary Community
We are at the dawn of the global token economy. Since 2009, cryptocurrencies have evolved from just an idea into a means of exchange and payment for goods and services.
Mike Kayamori, QUOINE, cryptocurrency, crypto trading, Japan, regulations, cryptocurrency exchange
Twiggle, a startup that offers online searching solutions for products, has raised USD 15 million led by MizMaa Ventures and Korea Investment Partners.
Twiggle, ecommerce, startup, searching, solutions, MizMaa Ventures, Korea Investment Partners, fund
Monese has raised USD 10 million from a suit of top investors from around the world to boost expansion in Europe.
Estonia, Monese, investment, mobile banking app, transaction, money transfer, currency
Ant Financial has partnered fintech company Ascend Money to expand a mobile payments services platform in Thailand and support its growth in SE Asia.
Ant Financial, Ascend, mobile payments, Thailand