Tokopedia lines up $1.5bn funding from Alibaba and Softbank
The $1.5bn funding would value Tokopedia at between $8bn and $9bn.
The $1.5bn funding would value Tokopedia at between $8bn and $9bn.
The alternate funding model is gaining significant traction in foreign markets.
DBS’ QR-code based solution is powered by DBS Rapid and DBS Max.
Consolidation is now becoming synonymous with standardisation – breeding competition.
All the new forms of digital interaction are getting particularly vulnerable to fraudulent activities.
The fintech is testing the digital wallet with 10,000 customers.
FinTech Futures sits down with Robert Ang, Cardpay’s general manager Asia.
UK Finance notes more than 75% of merchants are unaware of SCA.
What merchant acquirers should do to outperform increasing competition from new entrants.
The major companies say it’s the first Spanish card to use motion code technology.
Secure Remote Commerce (SRC) will disrupt the age old four-player system.
It comes just weeks after it exited Cameroon and Tanzania.
The fintech says 24% of recurring credit card transactions are falsely declined.
The financing subsidiary says it can save consumers up to £270.
How to get the most out of the “business in a box” proposition that smart POS brings.
The investment is part of the UK bank’s £50 million venture fund.
The company is gearing up to make two acquisitions.
The card will be UK’s first multi-brand digital gift card.
Enfuce is dubbed the biggest fintech start-up in Finland.
Paysafecard and G2 Esports reveal how paytech taps underbanked gamers.
MTO technology can significantly reduce the march of overproduction.
The acquisition is PayPal’s largest to date.
Ron Sim is said to be in talks with Singapore-based investment company Temasek.
The social media giant says it’s a separate venture to the Libra project.
EML aims to become “one of the largest fintech enablers in open banking”.
Sources say Visa paid $200 million for a 20% stake.
The service aims to counter the cash on delivery culture.
The round will fuel further growth into the UK, the US and Asia.
FinTech Future’s weekly news round-up.
Sokin’s CEO believes disruption hasn’t hit remittances yet.
The paytech charges the merchant rather than the consumer.
The bank hopes to “spur innovation in [the] digital payments space”.
The round was led by General Atlantic.
Prepaid card scheme for international visitors is a first for the giant Chinese payment firms.
Competitor Subaio has recently signed deals with various other Nordic banks.
It includes $83m in a Series C extension and $60m in debt financing.
The fintech has axed 20% of its staff and undergone a business restructure.
Lidya expanded to Central Eastern Europe (CEE) earlier this month.
The fintech is deploying 1,100 cashless terminals across the UK.
The card will go live alongside its business euro account launch.