Saturday, August 19, 2017
PAYMENTS & REMITTANCES

PAYMENTS & REMITTANCES

Cheddar raises $1.25m for seed investment round

Indiana-based billing platform Cheddar has raised $1.25m in seed funding led by M25 Group. Read more: fintech.global

Australia-based Spriggy nabs $2.5m

Australia-based Spriggy has reportedly raised around $2.5m in its latest funding round led by Alium Capital. Read more: fintech.global

Loyalty card platform Joyn bags €2m investment

Belgium-based digital loyalty card provider Joyn has reportedly raised €2m in its latest funding round. Read more: fintech.global

Alipay connects with Yelp

Alipay, one of the world’s leading digital payment platforms, and Yelp Inc., the company that connects consumers with great local businesses, Read more: www.finextra.com

Ripple confirms China expansion, shoot down Alibaba rumor

Rumors are flying about Ripple's China expansion. Ripple elaborated on plans for the country, and shut down speculation they're working with Alibaba. Read more: www.coindesk.com

Beijing allows subway riders pay with smartphones

The Beijing subway is now allowing consumers to pay for rides with their smartphones -- that is, unless they are using Apple's iPhone. Read more: bankinnovation.net

Alibaba plans expansion of mobile payments to Japan

The Chinese company’s Ant Financial unit could launch its localized version of Alipay in Japan as soon as early 2018. Read more: www.techinasia.com

Payments app Curve prepping for consumer rollout

Between keeping business users happy, integrating new technologies into the app, and preparing for an upcoming consumer rollout, Read more: bankinnovation.net

Why blockchain might not be the future for online payments

When it comes to making payments online, cryptocurrencies such as Bitcoin are a method of, Read more: www.finextra.com

InstaReM’s cross border payments to be active in 34 countries

InstaReM (IE instant remittance), a company that claims 8% to 10% of remittance transactions between India and Australia, says it will be active in 34 Euro Read more: www.crowdfundinsider.com