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.
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.
Coda Payments takes $2m to expand around South-East Asia
South-East Asian payments gateway Coda Payments has raised $2m in a new round of funding from IMJ Investment Partners.
PayPal launches Singapore FinTech Innovation Lab
PayPal is offering a boost to Singapore’s the FinTech scene and opening a new Innovation Lab in the city.
Square seeks talent ahead of potential European expansion
US payments processor and card reader Square is inching further into the European market with a series of three job openings highlighting the company’s expansion plans.
PayPal teams up with Xero for SME invoices
PayPal is making further moves into the B2B payments space through a partnership with SME accounting platform Xero.
TransferWise launches business offering
TransferWise, the London remittances startup valued at $1.1bn, is launching TransferWise for Business to cater to SMEs sending money abroad.
FinTech startup Cookies brings P2P payments to Germany
Cookies is launching a peer-to-peer payments solution in Germany where most people still rely on traditional banking.
BluePay taps CardFlight for mobile EMV solution
US payment processing firm BluePay is partnering with New York startup CardFlight to bring its EMV mobile point-of-sale (POS) solution to clients.
DailyPay scores $5m for on-demand economy payments
DailyPay, a New York startup that allows on-demand businesses to offer employees or contractors daily payments, has raised $5m in a Series A round of funding.
