The momentum of London’s FinTech ecosystem over the past few years has played a huge role in putting the capital’s tech scene on the global map. But unless its next mayor addresses a number of key hurdles facing companies it will stunt the city’s tech community and make it harder to launch, execute and scale the next TransferWise, Funding Circle or Nutmeg.
iZettle made a name for itself as ‘Europe’s answer to Square’: a mobile payments company that lets micro businesses like cafes and salons accept card from their customers, but CEO and co-founder Jacob de Geer says it doesn’t see itself as just a payments company.
Starting out as a subsidiary of US supermarket giant Safeway, today Blackhawk Network offers prepaid cards across more than 600 brands and in 24 countries. President of Safeway since 2010, Talbott Roche initially joined the business back in 2001 as assistant VP back when it was still a specialty marketing division of Safeway.
The end of 2015 could not have been stronger for the Chinese FinTech scene what with Alibaba consumers spending an astounding $14.3 billion on Singles Day and Apple scrambling to make a mark there. The infographic, made by our sister publication Bobsguide, goes a long way to explain just why China's FinTech scene is so appealing.
FitPay, a wearable payments startup, has managed to secure a $3.1m seed funding round. The interesting thing here is that FitPay isn't a wearable device, but rather it allows companies that make wearable devices to add contactless payment capabilities to their products.
Visa is opening the door of its payments network to developers in a bid to leverage new innovations and keep pace with how consumer and businesses want to interact with money. The firm is launching Visa Developer, an open platform that it’s describing as a global ‘playground’ for developers.
Momentum continues to build in the blockchain space with news that Blockstream just secured $55m in fresh funding to help accelerate the deployment and exploration of blockchain and bitcoin technology across different industries.
Apple hasn't exactly had a great start to the year, but could the introduction of smartphone-compatible ATMs kickstart its lagging mobile payment service?
From security to user experience, one surprising piece of tech could help payment providers address 2016’s biggest bugbears.
Many Canadians are moving towards modern payment methods such as credit and debit cards and leaving cash behind, according to a new survey from marketing company GfK, which found that the amount of cash transactions has decreased in 2015 compared to the previous year.