Dear Subscriber,

In today’s newsletter, Visa expands its P2P reach with a partnership with Jack Henry, a technology and payment services provider. The two companies are working together on speeding up the person-to-person payment process.

Elsewhere in the newsletter, Payoneer, the international money transfer company, has completed a strong funding round, raising $180m through equity financing, and GoCashless is raising money of its own to fund its ambition to get people to move away form using cash by 2020.

Enjoy!

Jack Henry Associates, a technology and payment services provider, has partnered with Visa to work on speeding up person-to-person (P2P) payments.

Payoneer, the international money transfer company, has completed a strong funding round, raising $180m through equity financing.

This week GoCashless, the not-for-profit organisation that aims to promote the end of cash by December 31st 2020, has launched a crowdfunding appeal.

The promise of mobile money has changed many lives all over the world, but despite the wide recognition of the success of M-Pesa in Kenya, it is yet to be replicated and the rest of the industry remains fragmented.