PayTech

Meta Secures Multi-Billion Dollar Deal to Rent Google AI Chips

Partnership strengthens Meta's AI capabilities with advanced technology.Highlights: Meta signs multi-billion dollar deal with Google for AI chips.The partnership enhances Meta's artificial intelligence capabilities.This agreement signifies a strategic move...

Private Markets Fintech Delio Acquired by Ialta

Ialta expands its portfolio with Delio, enhancing fintech capabilities in private investments.Highlights: Delio, a fintech focused on private...

Plaid Achieves $8 Billion Valuation, Strengthening Fintech Position

The latest funding round boosts Plaid's market presence significantly.Highlights: Plaid secures a $8 billion valuation following recent funding.The...

Augmentum Fintech Accepts £186M Cash Takeover Offer

The fintech company agrees to a substantial acquisition bid.Highlights: Augmentum Fintech agrees to a £186 million cash takeover...

New Banking License in Latvia Strengthens Market Entry Opportunities

Latvia introduces a novel banking license to attract new financial entrants.Highlights: Latvia launched a new banking license to...
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African fintech Union54 launches new social commerce platform ChitChat

Union54, a fintech based in Zambia, has introduced a new social commerce app named ChitChat, in collaboration with global payments giant Mastercard. ChitChat...

Australian Payments Plus taps Swift to develop confirmation of payee service

Australian Payments Plus (AP+), an organization comprising EFTPOS, NPP Australia, and BPAY Group, has chosen Swift to develop a new security measure for...

IndusInd Bank partners Tappy Technologies and Thales to launch tokenisation solution for wearable payments

IndusInd Bank, a major Indian banking institution, has collaborated with Canadian paytech Tappy Technologies and French IT firm Thales to introduce India's first...

Nuvei evaluating bids for potential buyout with Advent reportedly leading the race

Nuvei, a Canadian payments processor headquartered in Montreal, has formed a special committee to evaluate potential buyout deals proposed by third parties that...

GoCardless signs deal with EML Payments to acquire Nuapay

GoCardless, a UK-based paytech company, has entered into an agreement to acquire Nuapay, the payment services subsidiary of EML Payments, for an undisclosed...

Flutterwave names ex-CBN director Dipo Fatokun as new board chair

Flutterwave, an African paytech unicorn, has appointed Dipo Fatokun, a former director at the Central Bank of Nigeria (CBN), as its new board...

SaaScada selected to power payment products for UK EMI The Payment Firm

The Payment Firm, a UK-based e-money institution (EMI), has partnered with SaaScada to power its payment services for small and medium-sized enterprises (SMEs)...

State Bank of India taps Aurionpro for iCashpro+ solution

Partnership Announcement: State Bank of India (SBI) has entered into a six-year deal with fintech firm Aurionpro to implement its iCashpro+ solution. iCashpro+...

UK fintech Unlimit secures new PSP licence to expand into Tanzania

UK-headquartered fintech Unlimit has received authorization as a payments service provider (PSP) by the Bank of Tanzania (BOT). Unlimit specializes in cross-border business...
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