PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

Worldline forms strategic partnership with SIX Payment Services

European payments company Worldline has formed a strategic partnership with FinTech solution developer SIX to acquire its Payment Services unit for €2bn. Read more: fintech.global

Canada’s ambitious transit payments transformation

Despite Canada's high penetration of contactless POS terminals and consumer affinity for the technology, the country has lagged behind nations such as Read more: www.paymentssource.com

Revolut expands payments feature to friends nearby

Sending and requesting money is one of the most popular features among Revolut users, and we've just made it even better Read more: www.finextra.com

CardFlight and Paya team for EMV-ready mPOS solutions

Mobile POS and Software-as-a-Service (SaaS) payment solutions provider CardFlight has partnered with paytech firm Paya, reports David Penn at Finovate. Read more: www.bankingtech.com

Edison offloads Billtrust stake to W Capital Partners

Edison Partners has generated a more than 10-times return through the sale of Billtrust, a provider of payment cycle management solutions Read more: fintech.global

African payment provider Cellulant closes $47.5m Series C

The Rise Fund, a global impact investing fund managed by TPG Growth, has led a $47.5m Series C for African digital payment provider Cellulant. Read more: fintech.global

Fair Square Financial collects $100m funding from Orogen Group

Fair Square Financial, which operates the Ollo credit card, has received $100m in funding from The Orogen Group. Read more: fintech.global

Evolving payments in the era of IoT

The Internet of Things (IoT) – once a buzzword – is now becoming a reality. Read more: www.finextra.com

Cashplus taps Currencycloud for international payments play

Cashplus is on a mission to bring fairer, more transparent outbound international payments services to its fast-growing number of SME customers, Read more: www.finextra.com

Mexico’s Central Bank misplaced up to $20m

In the latest in a saga that has affected ePayments and debit card purchases in Mexico, the country's banking system has misplaced between $18 and $20 million. Read more: www.pymnts.com