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Australia-based bank and financial services provider Westpac has sold its stake in the buy-now-pay-later firm Zip.
Westpac, Zip, Australia, BNPL, stake, investment, banking
TrueLayer, a provider of financial APIs, has recorded an eight-fold increase in consumers using Payment Initiation (PI) to pay for goods and services online during the lockdown.
Open Banking, APIs, Pi, fintech, Anna Money, Nutmeg, Revolut, stake, TrueLayer, payments , banking, online banking
TrueLayer, online brokerage, app, stake, money transfer, fintech
Comviva, TerraPay, Prime Ventures, Partech Partners, International Finance Corporation (IFC), divestment, stake, payments , PSPs, payment infrastructure services, banks, mobile money operators, money transfer, cross-border