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...
WalletsClub wants to end wallet silos
FACTS Make all the wallets on the market interoperable and end the segmentation of offers. This is the challenge that WalletsClub has set itse...
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...
Qonto Closes a Major Financing Round, Aims for Banking Status
FACTS The neo-bank for SMEs Qonto announces a major financing round on the French FinTech market.
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...
The FinTech Alma Aims for Small Merchants
FACTS The French FinTech Alma was founded earlier this year by Stripe’s former DG Italy, Louis Chatriot. They just raised €3.3 million to b...
Wirecard and Shopee Add Instalment Payment Option
FACTS The German FinTech Wirecard teams up with Shopee –a leading e-commerce platform in Southeast Asia and Taiwan– enabling then to featur...
Payments... and Now a Credit Scoring Tool for Line
FACTS Line started out as an instant messaging platform, and make further progress into becoming a FinTech. They launched a payment service...
Money Transfer: Ripple Enters MoneyGram’s Capital
FACTS The Californian start-up Ripple behind a Blockchain-based real-time payment protocol announces a 2-year strategic partnership with tr...
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.
Carrefour Generalising Face Recognition for Payments in China
FACTS At this year’s China Connect event held on March 12th and 13th in Paris, the retail giant described their omnichannel approach and st...
Corporate Payments: Edenred Strengthens its Presence in Africa with Jumia Travel
FACTS The French prepaid specialist Edenred teams up with the leading African online hotel booking portal, Jumia Travel.
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...
