We talk about bulls in china shops, but what about bulls running through the streets of entire shopping districts, or other neighborhoods? This morning, Amazon unveiled a new feature that will test ju
ClearBank — a UK fintech that has built a new set of cloud-based financial rails that allows banks and other customers real-time clearance on payment transactions and other financial services &#
Open banking — a new approach to payments and other financial services that disrupts traditional card-based infrastructure by linking directly into banks — is having a moment. On the heels
It is nearly impossible for businesses in some African countries to receive money from PayPal. While the payments giant has not given reasons why this is so, speculation hints at factors like insuffic
The proliferation of fintech services across Africa remains in full swing as investors remain bullish about the opportunities that abound in the sector. Today we behold another unicorn: African paymen
Liberis, the U.K.-based fintech that provides finance for small businesses as an alternative to a traditional bank loan or extended overdraft, has replenished its own coffers with £70 million in fund
Vitesse, the London-based fintech that offers real-time cross-border payments for businesses, has raised £6.6 million in Series A funding. The round is led by Octopus Ventures, with participation fro
San Francisco and Lagos-based fintech startup Flutterwave has launched Flutterwave Store, a portal for African merchants to create digital shops to sell online. The product is less Amazon and more e
BioCatch, a developer of biometrics security technology, said it has raised $145 million in its latest round of funding. The company’s technology tracks user behavior on websites to determine if
Visa has prioritized growth in Africa, and partnering with startups is central to its strategy. This became obvious in 2019 after the global financial services giant entered a series of collaborations
The first month of the new year saw Africa enter the fray of U.S. politics. The Trump administration announced last week it would halt immigration from Nigeria — Africa’s most populous nation with
Africa has one of the world’s fastest growing tech markets and Nigeria is becoming its unofficial capital. The West African nation is commonly associated with negative cliches around corruption
San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave
E-commerce continues to gain momentum — a trend we’ll see played out in the next two months of holiday shopping — and with that comes more consolidation. Today, Elavon, the payments
E-commerce giant Amazon was built on the concept of a large marketplace that could be the home for all online shopping, whether it was for items and services it was selling itself or those sold by thi
Amazon rules the roost when it comes to e-commerce marketplaces in countries like the U.S., but today it’s announcing a deal that it hopes will be a start to its plan to have that same kind of u
What if, instead of sitting on your phone on the sofa ordering stuff from Amazon, you could buy the same things locally from local stores that ultimately enliven and enrich your local neighborhood? Wh
Dave McClure steps down from 500 Startups, Vantiv buys Worldpay for $10 billion, Baidu's self-driving platform and Baidu teams up with Nvidia. All this on Crunch Report.
A day after payments company Worldpay confirmed that it had been approached by Vantiv and JPMorgan for a possible acquisition, today the company confirmed that it has agreed to the terms of an offer f
Some consolidation is underway in the world of payment processing: Worldpay — the giant company that says it processes 31 million mobile, online and in-store transactions daily and competes agai
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