PayU, a provider of online payment services and the fintech arm of Naspers, has acquired Wibmo, a California-based digital payment security and mobile payment technology firm, for $70m.
15 Apr 2019
13 Mar 2019
Online payments provider PayPal has agreed to invest $750m in Latin American e-commerce technology firm MercadoLibre.
08 Mar 2019
HSBC has introduced a new developer portal designed to enable third party payment providers to develop products and services for European consumers and businesses.
07 Feb 2019
Royal Bank of Scotland has invested £2m in the Loot app as the London fintech aims to take on other challenger banks such as N26, Monzo and Revolut
29 Jan 2019
UK fintechs have been busy innovators in recent years but TrueLayer's new Payments API is hoping to spearhead a brand new wave of digital disruption
14 Dec 2018
Revolut has secured banking license from the European Central Bank, which enables the UK-based fintech startup to provide services that are normally offered by traditional banks.
12 Dec 2018
Fintech start-up Plaid has secured a $250m series C financing, which will be used to expand its fintech ecosystem.
11 Dec 2018
Pay.UK has introduced Mule Insights Tactical Solution (Mits) to track and recognize fraudulent payments transactions across multiple connected mule accounts.
06 Dec 2018
The UK competition watchdog, Competition and Markets Authority (CMA), announced that it will launch an in-depth investigation into PayPal’s acquisition of Swedish financial technology firm iZettle.
27 Nov 2018
The UK competition watchdog Competition and Markets Authority (CMA) has raised its concerns over PayPal’s $2.2bn takeover of Swedish start-up iZettle.