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South African BaaS provider Ukheshe to acquire local fintech Oltio

Oltio is a smaller South African firm which hosts QR code payments for Mastercard.

Square and Tencent lead €93m Satispay funding round

The Italian paytech firm has recorded “significant growth” in 2020

Indian payments fintech Cashfree lands Apis-led $35m Series B

Cashfree counts more than 50,000 businesses as customers.

On-demand payment innovation at the heart of digital “new normal”

The COVID-19 pandemic has delivered industry changes in rapid time.

TransferGo secures £4m from Silicon Valley Bank

The pre-Series C investment funds will be used to develop and expand its RTP platform.

Google Pay unveils integrated banking challenger Plex

Plex will sit in the wider, revamped Google Pay app.

European Central Bank taps SIA and Colt to connect market infrastructure

SIA and Colt will help the ECB connect through the ESMIG single access interface.

UK payments provider Modulr lands £9m investment from PayPal

PayPal thinks Modulr is “well-positioned to be an enabler”.

How real are real-time payments?

Incumbents and fintechs face the same challenges when scaling real-time payments.

Santander to pay €100m for Wirecard’s core European business

The deal means the bank can expand its payment solution across Europe, says Santander’s CEO.

Europe Map

Nexi’s acquisition of Nets creates Europe’s largest payments firm by volume

Nexi is “uniquely positioned to catch further M&A opportunities”, says CFO.

Mastercard to help Canada build its new real-time payments rails

RTR marks a big step in modernising Canada’s payments system.

Banking Technology November issue out now

Without limits: The Barclays accelerator races ahead

Fintech execs race towards workplace diversity

Divido’s Christer Holloman launches Fintech Finishers to raise D&I awareness.

Grab leads $100m investment in Indonesian e-wallet LinkAja

Singaporean fintech begins investment project in Indonesia.

UK government signs London fintech Judopay for digital payments

“Everything from tax payments to donations to charities” come under the deal.

ING subsidiary Payvision accused of pushing €131.2m in fraudulent payments

ING acknowledges the claim, but cannot comment further at this time.

WhatsApp Pay finally gets green light from Indian regulators

The launch has been delayed for years since its beta testing in 2018.

Three UK fintechs raise over $100m in funding this month

Starling, Curve and GoCardless are raising rounds in excess of $100m.

Is your back-office ready for real-time payments?

Baldwin relays his thoughts on the firm’s award-winning Concourse Financial Software suite.

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