Traditional remittance services tend to focus solely on the sender — onboarding as many senders as possible and charging fees on the money sent to drive revenue. But BillMo is taking a different and more disruptive approach by turning its attention to the receiver of...
Alibaba, the number one eCommerce company in China, is setting its sights on India, raising its stake in Paytm E-Commerce Pvt., the Indian eCommerce arm of the payment company. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Proplend, the P2P lender, announced Thursday (March 2) that it has been granted full authorization from the Financial Conduct Authority (FCA) for peer-to-peer lending, paving the way for the launch of its Innovative Finance ISA. Get the Full Story Complete the form to unlock this...
Trustly, the Swedish FinTech company, announced Thursday (March 2) that it processed payment volumes of €3.2 billion in 2016. 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...
During 2016, consumers in the U.K. spent £647 billion with payment cards, according to new data from the U.K. Cards Association. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
At last count millennials stood at 75 million in the U.S., with 42 percent of them African-American, Asian-American and of Hispanic Heritage, which is driving new cultural trends and product purchases, according to a new report by Nielsen, the market research company. Get the Full...
LendUp, a socially responsible lender for the emerging middle class, announced Thursday (March 2) that it has closed another $100 million credit facility with investment firm Victory Park Capital (VPC). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
New insight from Barclaycard’s Contactless Spending Index indicates that contactless payments in U.K. supermarkets have risen considerably in the past twelve months. Here are some of the key findings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Startupbootcamp, the global accelerator network, announced Wednesday (March 1) that it is expanding to the Latin American market through the launch of a dedicated FinTech program in Mexico. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
