News

Payment Methods
African FinTech Lipa Payments Expands Digital Payment Offerings
February 22, 2022

South African FinTech company Lipa Payments is bringing its Tap to Pay offering to Africa’s so-called informal sectors through its software platform, which allows merchants to accept contactless payments from a mobile phone, according to a TechEconomy.ng report Monday (Feb. 21). Get the Full Story...

International
EMEA Daily: Regulator Could Order Meta to Stop EU-US Data Transfers; Russian Finance Ministry Proposes...
February 22, 2022

In today’s top Europe, Middle East and Africa news, Meta is facing an order to suspend data transfers to the United States by the European Union, while Russia’s Ministry of Finance has released a cryptocurrency draft law. Get the Full Story Complete the form to...

Investments
Clickatell Nets $91M in Series C to Expand Chat Commerce Offerings
February 22, 2022

Clickatell, which provides solutions for payments within digital chats, has secured $91 million in its Series C, according to a Tuesday (Feb. 22) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

International
Today in FinTech: SoFi Snaps Up Technisys in Quest to Become One-Stop Financial Shop
February 22, 2022

In today’s FinTech news, SoFi expands its banking services, while U.K. FinTech CEOs ask to overhaul regulations. London embedded finance startup Weavr raised funds, while the London Stock Exchange Group acquired an all-in-one trading management solutions platform. Over in Africa, Osahon Akpata, Ecobank’s head of...

International
US Banks Don’t Expect Much Impact From Russia Sanctions
February 22, 2022

American banks do not expect to see an impact on their business – or wider risk contagion – due to the sanctions the U.S. and other nations are levying against Russia over the crisis in Ukraine, Reuters reported Tuesday (Feb. 22). Get the Full Story...

Investments
CIBC Innovation Banking Finances Graphite Ventures Through Series A Rounds
February 22, 2022

CIBC Innovation Banking on Tuesday (Feb. 22) provided financing solutions, including a capital call line of credit, to seed-stage investment firm Graphite Ventures through to the rights for Series A rounds. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

International
US, Europe Levy Russia Sanctions, But All-out SWIFT Ban Not Likely Yet
February 22, 2022

In times of war — or of armed conflicts that are wars in all but name — payments can be weaponized (after a fashion). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Finance Software Firm Place Lands $3.25M in Funding
February 22, 2022

Agile finance platform Place has announced $3.25 million in new capital, a Tuesday (Feb. 22) press release said. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our...

Delivery
Forthcoming NYC Bill Would Threaten Ultrafast Grocers
February 22, 2022

New York City may ban grocery delivery apps from advertising 15-minute delivery, the promise on which ultrafast grocers have built their following. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...