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Uzbekistan-based digital services ecosystem Uzum has announced that it raised USD 114 million in funding, securing its unicorn status with a post-money valuation of over USD 1 billion.
funding, investment, BNPL, digital payments, digitalisation, SMEs, ecommerce
India-based fintech infrastructure platform Decentro has received its final payment aggregator licence from the Reserve Bank of India (RBI).
payments aggegator license, payments , fintech, financial services, financial institutions
India-based fintech Razorpay has launched an instant refund system for failed Unified Payments Interface (UPI) transactions on its POS systems.
product launch, fintech, mobile payments, POS, refund
India-based fintech startup EnKash has gotten regulatory approval from the Reserve Bank of India (RBI) to operate as a payment aggregator the the brand name Olympus.
spend management, fintech, startup, payments aggegator license, RBI
The Indian unit of Prosus NV’s PayU financial technology firm has stated it is seeking an initial public offering within the next 12 months.
IPO, financial services, payments , fintech
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
The third quarter of 2023 has brought forth a dynamic and ever-evolving landscape in the fintech mergers and acquisitions (M&A) market. This article will delve deeper into the key trends that are shaping the industry during this period.
merger, acquisition, fintech, banks, payments , financial institutions, partnership, ecommerce, transactions , data
India-based fintech company Razorpay has expanded in Malaysia by obtaining a licence to acquire merchants through Curlec, the new non-bank member of PayNet.
expansion, mobile payments, online payments, digital payments, payments , real-time payments, ecommerce, cashless
Razorpay has launched a payment infrastructure called Optimizer, an AI-powered system to protect businesses from annual losses of over USD 841 million due to transaction failures.
artificial intelligence, transactions , online payments, digital payments, payment gateway
India-based fintech Razorpay has announced the acquisition of BillMe, a digital invoicing and customer engagement startup.
e-invoicing, acquisition, fintech, banking, omnichannel payments solution
Mastercard has launched the ALT ID solution in India to enhance the security of guest checkout transactions on ecommerce platforms, simplifying payments for merchants and cardholders.
product launch, cybersecurity, digital identity, tokenization, checkout optimisation , ecommerce, payments , paytech, fraud prevention
Global caller identification platform Truecaller has partnered with India-based fintech Razorpay to offer an improved online checkout experience for customers.
partnership, payments , online payments, digital payments, mobile payments, checkout optimisation
India-based fintech Razorpay has launched a solution that allows merchants to receive international payments via wire transfers.
product launch, payments , cross-border payments, local payment method, remittance, merchants, ecommerce, online payments
India-based fintech and full-stack payments and business banking platform Razorpay has launched an international payment gateway for Malaysia in partnership with Curlec.
partnership, product launch, expansion, payments , fintech, paytech, payment gateway, digitalisation
India-based payments provider PayU has launched, in collaboration with Visa and Yes Bank, the Business Payment Solution Provider programme.
Visa, digital payments, NPCI, merchants, SMEs, credit card
India-based fintech Razorpay has launched Turbo UPI to allow customers of online merchants to make UPI payments with redirection to a third-party UPI app during checkout.
UPI, online payments, fintech, checkout optimisation , ecommerce
Visa has launched a new feature in India that enables users to make online payments without using a CVV number.
tokenization, debit card, credit card, fraud prevention, Visa, UPI
India-based company Razorpay has launched a forex service for startups, to offer foreign exchange products for an improved cross-border payments processing.
product launch, startup, cross-border payments, cross-border ecommerce, ecommerce, online payments, digital payments
Digital payments company PhonePe has raised USD 350 million from General Atlantic at a valuation of over USD 12 billion in a first tranche of a USD 1 billion funding round.
funding, investment, UPI, payments , digital payments, expansion
India-based fintech Razorpay has announced that it will enable merchants to accept credit card transactions on Unified Payments Interface (UPI) in partnership with Axis Bank.
partnership, product upgrade, UPI, digital payments, digital banking, digitalisation, payment methods, credit card