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Philippines gets first Mojaloop-enabled inclusive instant payment system

Talino Venture Studios, an award-winning global venture studio for sustainable innovation, and Chemonics International, a leading sustainable development firm, have launched and seed-funded Higala, the pioneer startup Inclusive Instant Payment System (IIPS) in the Philippines.

Philippines , Rizal , San-carlos , Negros-occidental , The-philippines , Filipinos , Filipino , Winston-damarillo , Paula-hunter , Mamertoe-tangonan , Talino-higala , Chemonics-international

RBA releases report on interlinking fast payment systems for cross-border transfers

The Reserve Bank of Australia (RBA) today released a report analysing the benefits, design choices and challenges associated with linking fast payment systems across countries.

Australia , Australian , Brad-jones , New-payments-platform , Assistant-governor , Financial-system , Finextra , News , Online , Bank , Banking

Alipay+ enables digital payment from 14 overseas e-wallets in Hong Kong

Users of 14 popular overseas e-wallets from 9 countries and regions can now make payments in Hong Kong using their home apps through Alipay+, a suite of cross-border mobile payment and digitalization technology solutions operated by Ant International.

Macau , Italy , Hong-kong , Japan , Kakao , Sulu , Philippines , Thailand , South-korea , Macao , Macau-general , Changi

The rise of the financial super app

The phrase super app has increased in popularity in recent years, used typically to refer to a si

Kazakhstan , New-york , United-states , Jusan-bank , World-bank , Finextra , News , Online , Bank , Banking , Technology

FastSpring adopts Pix for SaaS payments with Ebanx

The leading merchant of record for global SaaS and software companies, FastSpring and EBANX, a global technology company specializing in payments for rising markets, announce today a partnership to enhance users’ payment experience within FastSpring’s product suite in Latin America through local payment method Pix.

Brazil , United-states , American , America , Brazilian , Gregory-cornwell , Business-development , Central-bank , Latin-america , Beyond-borders , Latin-american , Adan-garcia

QI Tech becomes new LatAm fintech unicorn in Series B exttension

QI Tech (the “Company”), a leading financial services infrastructure provider in Brazil, today announced it has extended its Series B round, raising additional equity with current investor General Atlantic, a leading global growth investor, as well as Across Capital.

Brazil , Brazilian , Pedro-mac-dowell , Luiz-ribeiro , Brazilian-central-bank , Credit-company , Qi-tech-the-company , General-atlantic , Mac-dowell , Direct-credit-company , Managing-director , Finextra

QI Tech becomes new LatAm fintech unicorn in Series B extension

QI Tech (the “Company”), a leading financial services infrastructure provider in Brazil, today announced it has extended its Series B round, raising additional equity with current investor General Atlantic, a leading global growth investor, as well as Across Capital.

Brazil , Brazilian , Luiz-ribeiro , Pedro-mac-dowell , Brazilian-central-bank , Credit-company , Qi-tech-the-company , General-atlantic , Mac-dowell , Direct-credit-company , Managing-director , Finextra

Mauritania commissions G+D to design CBDC

The Central Bank of Mauritania has commissioned Giesecke+Devrient (G+D) to design a digital form of the national currency Ouguiya as a complement to cash.

Ghana , Mauritania , Hong-kong , Banco-do-brasil , Central-bank , Banque-centrale-de-mauritanie , Mohamed-lemine-ould-dhehby , Finextra , News , Online , Bank

14Peaks closes $30 million fintech and future of work venture fund

Venture capital firm 14Peaks Capital has successfully closed its first fund at $30 million in capital commitments from an impressive consortium of limited partners (LPs), consisting of influential High Net Worth Individuals (HNIWs) and family offices spanning Europe and the United States.

Switzerland , London , City-of , United-kingdom , United-states , Netherlands , Khan-sahin , Edoardo-ermotti , Alex-bradford , Partners-lps , High-net-worth-individuals , General-partner