What you need to know Revolut is a UK based currency service. It is making the most out of its extensive user base of more than 500.000 users. After sealing a deal with MoneyFarm to refer customers to their robo investment service, it is now offering instant credits...
What you need to know TransferWise has created a virtual assistant on Facebook to send money to people in different countries. TransferWise’s new Facebook service is currently available to Messenger users in the U.K., U.S., Canada, Australia and Europe. However,...
What you need to know After buying US based Moneygram and investing in Thai Ascend Money and Philippine Mynt, Ant Financial are investing in another payments network. This time it is investing in Kakao Pay from South Korea. It will help expand its services into...
What you need to know: Paypal is the biggest online payments provider. It has a market capitalisation of $41 billion, more than eBay, the company that is was spun off from. TIO Networks processed about $7 billion in bill payments last year for its 14 million...
What you need to know: Klarna is a swedish Unicorn that allows customers to buy now and pay later. They have acquired Billpay, a company that allows customers to pay in installments and through direct debits. It is present in more than 5000 retailers and has been used...
What you need to know: In a November 2016 report “The Rise of Fintech in China”, Ernst & Young and Singaporean bank DBS reported that China outpaced London and New York as a top financial tech hub worldwide. About 40% of the banking and financial services...
