Small World passes 50 million transactions milestone
UK remittance service Small World FS has reached a new milestone having processed more than 50 million cross-border payments to date.
Paytm pockets $60m of $300m target
One97 Communications, which operates Indian m-commerce platform Paytm, has raised $60m as a first step towards reaching a targeted $300m for its new round of funding.
Jumio lands $15m for payment verifications
Identity verification startup Jumio has raised $15m in a new round of funding after its assets where acquired by Centana Growth Partners in May.
Kufu Takes $4.9m for automated HR platform
Kufu, a Japanese company developing HR automation platform SmartHR, has raised ¥500m ($4.9m) in a new round of funding led by WiL (World Innovation Lab).
MobiKwik lands $40m strategic investment from Net1
Indian digital wallet MobiKwik has secured a deal with South African mobile payments firm Net1 that will see it receive $40m over two years as a strategic investment.
Credit Kudos lands $792,000 for data-driven credit scores
Credit Kudo is taking on £600,000 ($792,000) in a round of seed funding led by FinTech VC NFT Ventures.
AliPay and WeChat granted Hong Kong digital wallet licenses
Two of China’s biggest mobile payments players AliPay and WeChat, have won approval to operate digital wallets in Hong Kong. It’s seen as a major step towards international expansion.
WestPac leverages DataRepublic for exchange platform
Australian bank Westpac is making use of its investment in DataRepublic, with the launch of a new service allowing corporate clients to store and exchange anonymised customer data.
MC Payments lands $4.4m for digital payments
Singapore-based payments solutions Mobile Credit Payment (MC Payment) has raised S$6m ($4.4m) in Series B financing.
Four major banks partner to push blockchain transactions
Four of the world’s largest banks are partnering to develop a digital currency with the aim of creating an industry standard for blockchain-enabled trades and transactions.
