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Canadian invoice firm FundThrough raises $50m to support SMEs

FundThrough aims to eliminate the “wait” for SME payments

Russia’s Yandex and Tinkoff scrap $5.5bn deal

Internal email suggests agreement was lost on nature of the merger.

Stripe acquires Nigerian start-up Paystack in $200m deal

Paystack has 60,000 business customers across Nigeria and Ghana.

PayPal adds interest-free instalments to its UK wallet in BNPL play

Two thirds of British millennials use BNPL services.

Central bank digital currencies – don’t get the popcorn

If the art of the possible is being explored, the art of the valuable remains elusive.

Fintech Razorpay becomes India’s fifth unicorn during COVID-19

By 2025, Razorpay wants to have 50 million business customers.

Marqeta bags undisclosed Mastercard investment

“We want to invest in products, in customers and invest in continuing to grow globally,” says Marqeta.

Bulgaria’s Paynetics swoops in to buy part of Wirecard UK and Ireland

“Paynetics showed up as the white knight,” says Wirecard.

Crédit Agricole subsidiary Linxo unveils bank transfer payment solution

The solution is already connected to the main banks in France which have opened up their APIs.

Affirm files IPO application, but financials are confidential

Fintechs in the BNPL space have seen their valuations rocket.

Global card spend grows 13% in 2019, mostly down to China’s UnionPay

That’s according to a new report by Retail Banking Research (RBR).

Mastercard and Ethoca deliver greater transparency in digital banking applications

All merchants can upload their logos at logo.ethoca.com for inclusion in online banking and payment apps.

Banking Technology October issue out now

Educate, advocate, invest: It’s not enough for companies to pay lip service.

FinTech Futures Jobs: eight tips for landing a job in a new city

And make sure to check out Fintech Futures Jobs for a variety of excellent vacancies!

Sibos 2020: Future artist

I see growing companies. I see ambitious professionals. I see evolving stories.

Sibos 2020: Industry has widespread “dissatisfaction” with transaction monitoring

Costs, compliance and confusion need to be solved by new technology, says panel.

Nexi and SIA seal €15bn mega-merger to form “Europe’s largest” payments provider

The two have around two million merchants, and around 120 million cards.

Daily News at Sibos 2020

Download your free copy of the Sibos supplement today!

Sibos 2020: Banking Circle launches POBO and COBO payments transparency solutions

The solutions are available globally through Swift, Faster Payments, CHAPS, SEPA and local clearing.

Does Europe really need its own Big Tech?

Almost a third of consumers find the idea of banking with a Big Tech appealing.

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