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…
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…
24 Nov 2020
Western Union to invest $200m in digital payments arm of Saudi Telecom
Western Union has inked a definitive agreement to acquire a 15% stake in stc pay, the digital payments unit of Saudi Telecom Company. Under the agreement, the cross-border payments giant…
23 Nov 2020
Swiss online retailer Galaxus makes peace with payments provider Twint
Switzerland-based e-commerce company and Digitec owner Galaxus is now allowing its customers to use the payments app Twint to make purchases. The companies were in a spat over commission fees…
23 Nov 2020
Fintech Ukheshe to buy payments technology firm Oltio
South African digital fintech platform provider Ukheshe has inked a deal with Mastercard to acquire its payments technology provider Oltio. Oltio is the developer of the digital payments platform powering…
23 Nov 2020
African payments startup Chipper Cash gets financial boost from Jeff Bezos, others
African fintech firm Chipper Cash has raked in $30m in a Series B funding round to expand its products and geographic presence across the country. The funding round was led…
20 Nov 2020
Italian mobile payments startup Satispay raises $110m to boost growth
Italian fintech firm Satispay has raised €93m ($110m) in a Series C funding round to accelerate its growth and global expansion. The funding round was co-led by American fintech firm…
20 Nov 2020