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Fintech specialist Tranglo has expanded its cross-border payment network, allowing instant and direct transfers to over 30 e-wallets.
cross-border payments, e-wallet, remittances, financial inclusion
Ant Group has signed 11 partnerships with global e-wallets and card organisations as part of a programme to build international consumer-friendly zones in China.
mobile payments, digital wallet, cross-border payments, partnership, digital payments
UK-based fintech company Leatherback has entered a strategic collaboration with YES BANK to allow simplified remittance and INR payouts in India.
mobile payments, online payments, cross-border payments, remittance, money remittance
Singapore-based cross-border payments company Thunes has announced the expansion of its strategic partnership with Visa, intending to allow new endpoints in Asia and Africa.
cross-border payments, digital wallet, financial services, partnership, expansion, SMEs, payment methods
The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps and commerce solutions, and Buy Now, Pay Later services.
investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs
Saudi Arabia-based fintech EdfaPay has achieved technical accreditation from Discover Global Network to expand and reaffirm trust in new fintech solutions.
fintech, payment gateway, merchants, SoftPOS, expansion
National Bank of Oman has partnered with Habib Bank Limited to introduce new financial solutions and improve customer experiences.
partnership, banks, financial services, instant payments
Global card issuer Mastercard has announced it expands its partnership with Bank of Punjab to cover the commercial segment and redefine payments for Pakistan’s SMEs, freelancers, and gig workers.
partnership, digitalisation, financial inclusion, SMEs, SME lending, digital payments, cash flow, credit card, debit card, corporate card, freelance economy, gig economy, Issuer, payments , B2B payments
Pakistan-based Faysal Bank, a subsidiary of KSA Holdings, has signed an agreement with oil marketing company Total Parco to provide digital payments to the latter’s retail network.
partnership, digital payments, cashless, financial inclusion, financial services, Islamic banking
Mastercard has announced the expansion of its partnership with SadaPay in order to address the financial needs of SMEs and freelancers in the region of Pakistan.
partnership, payments , online payments, mobile payments, digital payments, ecommerce, debit card, cross-border payments, cross-border ecommerce
Pakistan-based fintech platform NayaPay has partnered with China-based Alipay+, a cross-border digital payments and marketing platform operated by Ant International.
partnership, digitalisation, online platform, transactions , financial inclusion
Raqami Islamic Digital Bank (RIDB) has announced its partnership with Euronet Pakistan, aiming to promote digital payments in the region.
digital banking, online banking, Islamic banking, retail banking, partnership
UAE-based financial institution Mashreq has launched its mobile app, Mashreq UAE, aiming to provide customers with an improved digital experience.
product launch, banking, fintech, mobile banking, financial services, digitalisation, paytech, digital onboarding, biometrics, digital banking
UK-based fintech company ACE Money Transfer has partnered with HABIBMETRO Bank to support the use of legal channels to increase remittance inflows to Pakistan.
remittances, money remittance, cross-border payments, partnership, money transfer
B2B foreign trade financial service provider XTransfer has expanded its business to over 200 countries and regions to serve SMEs in cross-border trade.
cross-border ecommerce, cross-border logistics, cross-border payments, SMEs, risk management
Emirates Islamic has announced the launch of its online fund transfer service QuickRemit for customers and clients in the region of the UK.
product launch, expansion, mobile payments, online payments, digital payments, money transfer, ecommerce
Beyon Money has launched its Beyon Money SuperApp in the UAE, aiming to provide clients with optimised financial services and accelerate its regional expansion.
product launch, expansion, payments , online payments, digital payments, mobile payments, ecommerce, financial services
Beyond ONE has announced the launch of FRiENDi Pay, a digital mobile wallet solution developed to optimise cross-border payments for FRiENDi mobile subscribers in Saudi Arabia.
product launch, payments , cross-border payments, cross-border ecommerce, online payments, mobile payments, digital payments, partnership
Bank of Khyber, a Pakistan-based bank, has partnered with BPC to enhance ecommerce and online transaction security for its customers.
partnership, debit card, 3-D Secure, online security, online payments
Mastercard has announced its partnership with Brim Financial in order to optimise and modernise credit card infrastructure for customers and clients in the US.
partnership, banking, credit card, Open Banking, Open Finance, online banking, digital banking, mobile banking