Digital Payments
PhonePe pauses India IPO plans as Middle East conflict hits markets
India’s PhonePe has put its initial public offering (IPO) plans on hold, pointing to geopolitical tensions in the Middle East…
PayPay raises $880m in US IPO
SoftBank-backed PayPay has raised $879.8m in its US initial public offering (IPO), marking the largest US stock market listing by…
Banco do Brasil enables Pix payment in Argentina
Banco do Brasil has introduced a new feature to enable Brazilians in Argentina pay for their purchases using Pix, Brazil’s…
Silverflow raises $40m Series B to scale cloud payment processing
Netherlands-based cloud-native payment processor Silverflow has closed a $40m (€37m) Series B funding round led by Munich-based Picus Capital. Rabo…
PhonePe targets $9bn-$10.5bn valuation in India IPO- report
PhonePe, the Walmart-backed Indian payments company, is targeting an initial public offering (IPO) valuation of between $9bn and $10.5bn, Reuters…
Klarna to enable flexible payments in AI shopping via Stripe SPTs
Klarna is set to make its flexible payment options available in AI agent-driven shopping experiences through Stripe’s Shared Payment Tokens…
India expands UPI footprint to Israel
India has further widened the international reach of its Unified Payments Interface (UPI) by formally extending the system to Israel.…
XTransfer secures conditional approval in Malaysia for e-money, remittance
XTransfer, B2B cross-border trade payment platform, has secured conditional approval from Bank Negara Malaysia (BNM) for key payment licences. The…
Worldline to sell Indian payment business to BillDesk
Worldline has signed a definitive agreement to sell its Indian business to local digital payments processor BillDesk. The transaction is…
PayPal receives buyout interest amid share price slide- report
PayPal has received takeover interest from potential buyers amid fall in its share prices, Bloomberg reported citing people familiar with…
