Payments

PAYFAZZ Invests US$30 Million in Xfers to Form New Entity Fazz Financial Group

Indonesian fintech startup PAYFAZZ announced that it has invested US$30 million in Xfers, Singapore-headquartered counterpart to form a new financial entity called Fazz Financial Group (FFG). PAYFAZZ said that both companies will retain their respective names whilst operating under the

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Episode Six Announces Additional $30 Million in Funding

Episode Six, the global provider of modern payment processing and banking infrastructure, today announced that it has secured an additional $30 million of investment, bringing its total capital raised to $40 million. This additional funding comes nine months after the

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OVO’s CEO Provides an Insiders’ Look into Indonesia’s Thriving Fintech Scene

Indonesia is considered the crown jewel for many fintechs looking to expand to the ASEAN market. Over the past 15 years, Indonesia has made remarkable progress in reducing poverty which is now below 10%, according to the World Bank. During

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Stripe Partners Australia’s Afterpay to Offer BNPL Services

Buy Now, Pay Later (BNPL) platform Afterpay will be offering its payment services to Stripe merchants through a seamless integration. The partnership enables both new and existing Stripe merchants to offer Afterpay services which allows their shoppers to pay in

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Blockchain Firm Lightnet Expands Payout Services Across SE Asia With MoneyGram

Blockchain firm Lightnet has announced its collaboration with MoneyGram, a provider of cross-border P2P payments and money transfers. The integration and implementation of Lightnet’s technology with MoneyGram‘s money transfer services provides customers with a wide selection of payout services across

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2021 Lunar New Year: Virtual Red Envelopes, E-Hongbaos in the Spotlight

The 2021 Lunar New Year is just around the corner and authorities are encouraging people to turn to virtual red packets and digital transactions, instead of physical bills and envelops, an alternative that’s more environmentally friendly and which is of

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TransferWise and Visa Expands Global Partnership

Visa and TransferWise, a London-based online money transfer service, announced a global partnership and the first use of Visa Cloud Connect. This enables fintech startups and partners to securely connect to VisaNet, Visa’s global processing network, through the public cloud.

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Omise Selects Netcetera’s 3-D Secure Server to Secure Online Payments in Asia

Omise, a Thailand-based online payments platform, has selected the Netcetera 3-D Secure Server to secure its online payment transactions in the APAC region set to go live by January 2021. Netcetera, a Swiss software company offering digital payment solutions, offers

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Accuity: Four Digital Payment Trends in 2021 for Banks and Payment Service Providers

We are experiencing more change in the payments space than we have over the past thirty years. This is an exciting time to be involved in payments. As we begin 2021, Accuity’s payments specialists look ahead to identify four digital

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Payments Specialist PPRO Achieves Unicorn Status With US$180 Million New Funding

PPRO, a London-based payments infrastructure provider, announced over US$ 180 million in new investment which pushed its valuation to over US$ 1 billion. Investors include Eurazeo Growth, Sprints Capital, and Wellington Management. This news comes just six months after the

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