UPI Lite from Paytm will allow faster payments without PIN code
Indian fintech Paytm Payments Bank Limited (PPBL) will be the first Indian bank to integrate UPI Lite functionality. This initiative is expected ...
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PhonePe raises $100 million for a $12 billion valuation
Indian digital payments company PhonePe has raised an additional $100 million in an ongoing round. A new round of funding gives it another $450m ...
Paytm sanctioned by its Central Bank
Indian payment giant Paytm has established itself as a leading FinTech in its home country. So much so that the Indian Central Bank is now seekin...
Payment insight August 2021
Payments Insight July 2021 Headlines Crypto – MDBC and crypto are more and more attractive Fintech – A new wave of conso...
PAYTM files for IPO in India
India's number 1 mobile payment service provider, Paytm, is reportedly preparing for an IPO. This IPO (Initial Public Offering) would represe...
Payments News in Brief – November 2019
Players’ Strategy CHINA – Wirecard sets to acquire all shares in Allscore Payments Services. This agreement, amounting to €72.4 million, gi...
REX: MobiKwik Hits Success
FACTS The Indian m-payment service provider MobiKwik just reached profit: a milestone in their development.
News in Brief – August 2019
Players’ Strategy FRANCE – BNP Paribas observed a sharp increase in their number of active mobile users for Hello bank! As well as consiste...
Xiaomi Rolls Out Consumer Lending Offer in India
FACTS Mi Credit by the Chinese smartphone maker Xiaomi was presented in May 2018 and will soon be made operational in India.
Tala Closes New Funding Series, Aims for India
FACTS The Kenyan start-up Tala recently closed a $110 million funding Series from several investors including PayPal Ventures. They now aim...
REX: PayU Expects Increase in Credit Volumes by 2023
FACTS , Indian provider of digital financial services, owned by Naspers global technology group, acts as their financial unit.
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.
News in Brief – November 2018
Players’ strategy INTERNATIONAL – N26 is now available in Denmark, Norway, Sweden and Poland. Launched in 2013 in Germany, they keep focusi...
Mobile Payment: Amazon Launches Amazon Smile Code for In-Store Payments
The QR code-based mobile payment market keeps expanding in India as yet another player shows up. The American e-commerce giant Amazon looks into ...
News in Brief – September 2018
Players’ Strategy UNITED STATES – According to Bloomberg, Google and Mastercard would have entered a partnership last year on t...
Amazon Acquires Tapzo, Boosts Amazon Pay
Competition increases on the Indian market for digital payments and the US Big Four are among contenders. Just like Facebook and Google, both aim...
ADN’co Payments Insight – August 2018
POS Checkout – Cashierless Stores: a Tsunami Washing over the Retail Industry UNITED STATES – Inokyo –start-up focusing on commerce automat...
Tez Becomes Google Pay, Adds Credit Offers
A year ago, Google introduced a mobile payment app called Tez for the Indian market. They now try to increase its adoption rates in India and in ...
Paytm Acquires Balance.Tech
Just a few days away from their launch of Paytm Money investment app, the leading e-payment player Paytm acquires the Indian start-up Balance.Tec...
Bancomat Enters Instant Payment Market with SIA
The Italian card scheme announces an agreement with the European processor SIA on integrating Jiffy, their real-time credit transfer service, for...
