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...
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Lydia Announces another Funding Round, Attracts Tencent
FACTS The Paris-based mobile payment FinTech Lydia announces a €40 million financing round.
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 – October 2019
Players’ Strategy UNITED STATES – Active.Ai teams up with Visa to provide banking institutions with interactive AI-powered solutions (e.g.:...
PayPal’s First Steps in China with GoPay
FACTS The People’s Bank of China agreed to PayPal’s buyout of a majority stake (70%) in the local payment company, GoPay.
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 – June 2019
Players’ Strategy EUROPE – China UnionPay partners with the British start-up Tribe Payments on launching their services in Europe. In addit...
News in Brief – April 2019
Players’ Strategy EUROPE – Elavon (subsidiary of U.S. Bancorp) partners with Société Générale on addressing eight European markets: United ...
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...
Mobile Payment: WeChat Pay Accepted at BHV Marais
FACTS Tencent, the Chinese Web giant behind the messaging service WeChat teams up with BHV Marais, their mobile payment service will be mad...
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).
SimbaPay and Family Bank Team Up to Streamline Micro-Companies’ Money Transfers
FACTS The London-based FinTech SimbaPay and the Kenyan bank Family Bank teamed up to introduce an instant money transfer solution for custo...
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...
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...
UnionPay Cards Launched in the UK
The card scheme China UnionPay issues roughly 7 billion cards in 48 countries, and is making further progress in Europe. They will soon be landin...
News in Brief – August 2018
Players’ Strategy FRANCE – HiPay releases their results for H1 2018, reporting €13 million turnover (+12%) and €1.3 billion processed trans...
News in Brief – May 2018
Players’ Strategy EUROPE – Five months after they failed to purchase the card manufacturer Gemalto, Atos buys out Swiss exchange operator S...
Carrefour Opens a Connected Supermarket
The French retailer materialises their partnership with the Chinese tech company Tencent as they present a new concept of high-tech store in Shan...
