Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Banco Sabadell unit buys online payments platform PayTPV

InnoCells, the innovation hub of Banco Sabadell, has acquired Spanish online payments platform PayTPV. Terms of the deal were not disclosed.

03 October 2018

News/E-commerce

Stripe raises $245m at $20bn valuation

Payments outfit Stripe is now worth $20 billion after closing a $245 million funding round led by Tiger Global Management.

26 September 2018

Company update/E-commerce

Slovenian startup Eligma unveils cryptocurency payment app

Created by e-visionaries and advised by experts from companies like Google, Apple and Intel, the Eligma startup continues along its roadmap of smart commerce solutions with the latest technologies including blockchain.

26 September 2018

Company update/E-commerce

Mastercard, MTN and UUBA team on mobile money in Uganda

MTN Uganda in partnership with Mastercard and United Bank for Africa (UBA) have announced a new service that will enable quicker, safer and more convenient online payments globally.

25 September 2018

Company update/E-commerce

Zeepay and Moneygram team up for African mobile wallet play

MoneyGram a global provider of money transfer services, teamed up with Zeepay, a leading African FINTECH Giant, to allow customers to send money directly to all mobile wallets in Ghana in minutes.

24 September 2018

Company update/E-commerce

Euronext recuits 100 tech companies for IPO training course

Euronext, the leading pan-European exchange in the Eurozone, today launches its fourth session of TechShare, the only European programme for non-listed companies dedicated to IPOs.

21 September 2018

Company update/E-commerce

Ant Financial launches new fintech brand

Ant Financial Services Group (“Ant Financial” or “the Company”) today announced that the Company would open up a full suite of technology products and services under a new brand, Ant Financial Technology, to support the growth of financial institutions by improving user experience and lowering costs.

20 September 2018

Company update/E-commerce

Mastercard settles US merchant class-action suit

Mastercard has reached an agreement to settle monetary damages claims in the U.S. merchant class-action litigation

18 September 2018

Company update/E-commerce

CompoSecure surpasses one million mark in dual interface metal cards manufacturing

CompoSecure, L.L.C., a pioneer and global leader in the design and manufacturing of premium financial cards, today announced that it has produced more than one million dual interface (EMV chip & contactless) metal cards.

18 September 2018

News/E-commerce

Stripe moves into in-store payments

Stripe is going after the high street, launching its own point-of-sale payments terminal package targeted at online retailers making the jump to offline.

17 September 2018

News/E-commerce

Klarna to acquire consumer financing arm of Close Brothers

Fintech unicorn Klarna is buying the retail financing arm of merchant bank Close Brothers to strengthen its position in the UK market.

14 September 2018

Company update/E-commerce

Ravelin raises £8m to help secure online commerce from the growing threat of fraud

Ravelin, the London-based fraud and risk prediction company, today announced an £8M Series B round led by BlackFin Capital Partners to expand its overseas business and extend its market reach.

11 September 2018

Company update/E-commerce

Elavon acquires Electronic Transaction Systems

Elavon, global merchant payment processing provider and subsidiary of Minneapolis-based U.S. Bancorp, has acquired Electronic Transaction Systems (ETS), a financial technology company based in Virginia.

05 September 2018

Company update/E-commerce

Rakuten buys bitcoin exchange

Rakuten, Inc. (hereinafter “the Company”) announces that today it decided to acquire everybody’s bitcoin Inc. (hereinafter “everybody’s bitcoin”) through its subsidiary, Rakuten Card Co., Ltd.

31 August 2018

News/E-commerce

Google bought Mastercard data to link ads with in-store purchases

Google and Mastercard struck a secret deal that used card transaction data to let some US merchants see when online ads led to sales at physical stores, according to Bloomberg.

31 August 2018

News/E-commerce

First fintech goes live on Swift's cross-border payments scheme

UK-based Ebury has become the first fintech to be a full and active participant on gpi, Swift's cross-border payments scheme.

30 August 2018

Company update/E-commerce

Terra raise s$32m for stablecoin push

Terra has successfully closed its seed funding round with an initial USD $32M raised to kickstart its vision of creating the next generation of digital money.

29 August 2018

News/E-commerce

Stripe and Visa invest in Nigerian payments startup Paystack

Paystack, Nigeria's answer to Stripe, has raised $8 million in a Series A funding round led by Stripe and joined by Visa, Tencent and Y Combinator.

28 August 2018

Company update/E-commerce

Modo and Etihad partner for airline loyalty scheme

Modo, the payments technology startup focused on creating interoperability between payment systems, today announced their partnership with the leading international airlines of the UAE, Etihad Airways, to co-create a unique loyalty solution for the airline industry as part of the FinTech Abu Dhabi Innovation Challenge (the Innovation Challenge).

28 August 2018

News/E-commerce

SoftBank to invest $100m in Chinese insurtech JV

Japanese multinational SoftBank, one of the most prolific fintech investors, is set to spend $100m on a joint venture with Chinese digital insurer ZhongAn Online.

28 August 2018