Splitit to power AliExpress' fractional payment offering in Europe
White label fragmented payment solution Splitit has announced a partnership with Alipay to offer a 'pay after delivery' option to shopper...
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In brief: Alipay cracks under pressure from China
The Chinese state is tightening its grip on the FinTech Alibaba. Its financial subsidiary Ant Group is particularly targeted. To better control i...
Alibaba even sells NFTs
The Chinese e-commerce giant Alibaba has just announced the launch of its NFT sales platform which will facilitate the sale and purchase of Non T...
Vodacom and Alipay launch a super-app in Africa
FACTS Africa's largest telecom operator, Vodacom, has announced the launch of a super-app embedding financial and lifestyle services in the...
The Chinese TikTok launches a payment solution
FACTS The Chinese company ByteDance is known worldwide for launching the social network TikTok. It also offers a Chinese version of...
Alipay and Xpeng Entering In-Car Payment Market
FACTS Xpeng Motors unveil an agreement with Alipay on jointly developing in-car payment features.
Tencent Selling Loans through Video-Streaming Platform
FACTS WeBank, digital bank by Tencent, introduces a new lending offer available from their video-streaming platform.
Alipay Aims for 10 Million Merchants in Europe
FACTS During the Global Summit held in London, Alibaba’s payment platform unveiled their strategic plan to European merchants.
Payments News in Brief – September 2019
Players’ Strategy UNITED KINGDOM – Curve opened their capital to large audiences for a short while via the crowdfunding platform CrowdCube....
WeChat Pay Makes Plans for an Instalment Option
FACTS Tencent would be planning to add an instalment service in China by the end of the year. This option, called “Fen Fu” for now, should...
News in Brief – July 2019
Players’ strategy UNITED KINGDOM – Yolt expands the ongoing test phase for their payment initiation service. They now aim for Nationwide, ...
News in Brief – May 2019
Players’ Strategy FRANCE – Nickel claims 4,800 agents (1 in 5 newsagents) or 60% increase year-over-year. Goal: attract 10,000 agents by 20...
SoftBank Invests in the German FinTech Wirecard
FACTS The Japanese group SoftBank invested €900 million in the German company Wirecard, or roughly 5.6% of their common stock.
WeChat Pay Values Data Analytics for Credit Scoring
Photo credits: TechNode FACTS The Chinese telecom leader Tencent recently started testing WeChat Pay Points: a new scoring tool using da...
REX: Merchants Increasingly Convinced by Silkpay
FACTS The Paris-based start-up Silkpay was launched in July 2017 and features mobile payment services relying on Alipay and WeChat Pay.
Alipay Gains Ground in France
FACTS The Chinese e-payment giant Alipay partners with Natixis (BPCE group).
News in Brief – October 2018
Players’ Strategy EUROPE – Revolut applies for a banking licence in Luxembourg. This start-up has been granted EMI status in the UK and rel...
Financial Technologies: a New Brand for Ant Financial
After a $14 billion funding round, Alibaba’s financial arm introduced a new brand focusing on financial technologies. As part of their strategic ...
News in Brief – June 2018
Players’ Strategy INDIA – The Indian manufacturer of retail POS solution Pine Labs announces a $125 million founding round from PayPal and ...
Ant Financial: Record Funding Round and Strategic Shift
Many rumours made the rounds, but Ant Financial –financial arm for the e-commerce giant Alibaba– eventually announced a $14 billion funding round...
