India’s retail payments body widens shareholding base
National Payments Corporation of India (NPCI) has widened its shareholder base by allowing payment banks and fintech firms to be…
Payments startup Marqeta prepares to go public; seeks $10bn valuation
Goldman Sachs and Visa-backed American payments startup Marqeta is reportedly preparing to go public next year, targeting a valuation of nearly $10bn. The company has hired underwriters for its planned…
Stripe in talks to raise fresh funds at valuation over $70bn
American payments fintech startup Stripe is reportedly in talks to raise fresh funds at more than two-fold increase in valuation than the previous funding round. Back in April, Stripe secured…
InComm Payments buys gift card processor Todo Cartoes
US-based payments technology company InComm Payments has acquired Brazil's closed-loop gift card processor Todo Cartoes. Financial details of the transaction were not divulged. In Brazil, Todo Cartoes provides retailers with…
Indian fintech Cashfree rakes in $35m to scale payment offerings
Indian fintech firm Cashfree has secured $35m in its Series B funding round to scale its payments infrastructure and foray into new markets. The funding round was led by Apis…
Payments industry deals in October 2020 total $1.38bn globally
Total payments industry deals for October 2020 worth $1.38bn were announced globally, according to GlobalData's deals database. Embed this chart Embed this chart into your website Copy and paste the…
Saudi Arabia’s stc pay in talks with regulators for Gulf expansion
stc pay, the digital payments unit of Saudi Telecom Company (STC), is in talks with Gulf regulators to expand its financial services offering across the region. The move comes shortly…