Thursday, March 22, 2018


OMERS Ventures leads $5m Series A to OpenBazaar

OMERS venture capital arm has led the $5m Series A funding round in to OpenBazaar, a blockchain-based P2P marketplace. Read more:

AirAsia makes digital payments play

The tycoon thinks BigPay could one day be worth much, much more than his airline. Read more:

Turkey’s BKM unveils checkout-free payments

Turkish digital wallet outfit BKM has unveiled a system that lets shoppers bypass the checkout and instead pay for their items with their phones. Read more:

PayU and Kreditech launch beta test of checkout loans in India

Global online payment service provider PayU and Kreditech launches the beta phase of PayU Monedo in India. Read more:

Digital Bank Revolut introduces automatic payments across Europe

Digital challenger bank Revolut has announced EUR Direct Debits or European customers thus facilitating direct debits for automated payments. Read more:

Eastern Caribbean Central Bank partners with Bitt for FinTech pilot

The Eastern Caribbean Central Bank (ECCB) has partnered with Barbados-based FinTech company Bitt to conduct a FinTech pilot. Read more:

Nordic Capital acquires online payment provider Trustly from Bridgepoint

Trustly, a European online payments provider, has been acquired by Nordic Capital, in an undisclosed deal. Read more:

Online payments platfrom Stripe bags up to $38m in new equity...

Online payments platform Stripe has raised up to $38m in its latest equity funding round. Read more:

Mobile wallet growth in India

It seemed impossible when the thought of digitalizing the economy floated the market. India is a budding market and even today the country enjoys 97% of its transactions in cash. Read more:

SARB to bring payment system in line with FinTech innovation

SARB set to overhaul national payments system to keep up with the growing number of FinTech innovations, and to increase access to services for end users. Read more: