All articles by vidhya munnangi
vidhya munnangi
Visa, DealMe partner on cross-border instalment payments
This move will roll out cross-border card instalment payment services to Vietnamese and other global users.
Nigerian fintech Moniepoint secures investment from Visa
The partnership will combine Moniepoint’s local expertise and business model with Visa’s global resources and capabilities.
UK to set up independent entity for variable recurring payments
VRPs allow consumers to manage the amount and timing of their regular payments, will improve financial control and reduce unexpected expenditure risks.
Open Payments secures €3m in funding round
Alfvén & Didrikson, along with Industrifonden, will become the largest shareholders in Open Payments with the investment.
HSBC to shutter international payments app Zing
The move is expected to result in about 400 layoffs as CEO Georges Elhedery intensifies cost-cutting measures in Europe.
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Paymob obtains retail payments licence in UAE
The licence authorises Paymob to support merchant acquiring, payment aggregation, and domestic fund transfers within the UAE.
MoonPay rolls out new feature for automating crypto purchases
This feature enables users to build their portfolios over time without the need for manual transactions.
Payments platform Stripe axes 300 jobs
The company still intends to grow its workforce by 10,000 employees by the end of the year, a 17% increase.
Highnote raises $90m in Series B funding
The company also launched its acquiring solution, expanded unified payments platform to add pay-in and pay-out functionalities.
Payment firm MoneyHash gets $5.2m in pre-A funding
The capital infusion will be utilised to accelerate MoneyHash’s penetration in the MEA region.