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The Paypers interviewed Peter De Caluwe, the CEO of Thunes, on the company’s rapid growth and Series C funding announcement.
cross-border payments, CBDC, crypto, cryptocurrency, funding, partnership, digital wallet, growth markets
Floriane Gramlich, Zalando, user experience, PSD2, Europe, merchants, Strong Customer Authentication, TPP, SCA, Merchant Initiated Transactions, COVID-19, digital payments
India-based digital lending startup ZestMoney has raised an undisclosed amount in a funding round led by Goldman Sachs, Inc42 reports.
digital lending, startup, ZestMoney, funding
Facebook has announced it is participating in a USD 125 million fundraising for India-based startup Meesho, which is aiming to bring more commerce to social networks.
Meesho, Facebook, Sequoia, India, startup, investment
As media partner of Money20/20 Europe, The Paypers was there to witness the payments industry at its cutting edge of development
Money20/20 Europe, innovation, fintech, Open Banking, artificial intelligence, Anda Kania
PayU, Naspers’ fintech arm, has acquired ?Wibmo to offer new payments solutions to merchants and financial institutions in India and other high growth markets.
PayU, Wibmo, India, payments , Naspers, fintech, merchant
As Walmart is in final negotiations to buy a majority stake in Flipkart, Amazon makes another offer for 60% of Flipkart’s stake, to which it adds a USD 2 billion breakup fee.
Flipkart Walmart acquisition, Amazon Flipkart acquisition, ecommerce in India, ecommerce
LiveMint has reported that Amazon may make an offer to acquire Flipkart. Flipkart is currently in talks with Walmart who wants to buy a majority stake.
Amazon, Flipkart, ecommerce, online retail, online payments, Walmart
Walmart has been rumoured to invest about USD 7 billion in Flipkart, a move that would put the US retailer in competition with Amazon in India.
India, ecommerce, Flipkart, Walmart, Amazon, US
Swiggy, an India-based food delivery startup, has raised USD100 million in its latest round of funding.
Naspers, Meituan-Dianping, India, startup, Swiggy, ecommerce
Remitly has announced that it has agreed to raise up to USD 115 million in Series D funding to accelerate the expansion of financial services.
Remitly, financial services, Naspers, PayU, online payments, funding
Luno, a popular Bitcoin platform, has announced its expansion to 35 new markets across Europe.
Luno, Series B, funding round, Bitcoin platform, cryptocurrency, Europe, Bitcoin, South Africa
Matthias Setzer, PayU: PayU is an active fintech player, with a strong focus on cross-border payments
Matthias Setzer, PayU, crossborder payments, merchants, India, Naspers, PSPs, blockchain, ecommerce, ZooZ, partnership, online payments
Naspers, a broad-based multinational internet and media group, has funded with USD 5 million Philippines-based startup Coins.ph, making a push into Bitcoin.
Naspers, coins, blockchain, startup, Bitcoin, mobile payments, money transfers, Philippines, Thailand
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
Flipkart, India`s online retailer, has raised USD 1.4 billion from eBay, Microsoft, and Tencent.
Flipkart, ecommerce, retailer, funding, eBay, Microsoft, Tencent, India, eBay India, acquisition
For a merchant to be successful in an emerging market, he needs to provide all the local bank payment methods, local wallets, and local cards
Matthias Setzer, PayU, crossborder payments, merchants, India, Naspers, PSPs, blockchain, ecommerce
Kreditech has announced that it has raised EUR 10 million equity from Rakuten to boost development.
Kreditech, underbanked, Rakuten, Development, financing , investment
PayU, a global e-payment services provider, has launched its simplified payments services in Nigeria to expand its business in the region.
PayU, simplified payment system, launch, Nigeria, finances, online payments, transfers, fintech, innovation
Amazon has been reportedly in talks with the MIddle East-focused online merchant Souq.com over a potential acquisition which is valuated at USD 1 billion.
Amazon, Middle East, talks, Souq.com, USD 1 bln acquisition