Dear Subscriber,

In this issue of the PaymentEye e-newsletter we look at the growing trend of eWallet development in emerging countries, and ask how this new fintech could make all the difference in areas of the world that are currently underbanked.

And in other news, there have been two major announcements on the investment front, with Klarna and Wonga agreeing a fee for the sale of BillPay, and Citi and AmEx joining Goldman Sachs in the Series B funding round of Plaid Technologies.

Enjoy!

This GDP growth is being underpinned by a payments infrastructure that relies overwhelmingly on mobile wallets. But why mobile?

The payments tech company has secured $44m in its latest Series B round of funding.

New research shows that the number of cash withdrawals worldwide grew by 10% in 2015, the fastest rate since 2011.

The Swedish unicorn is acquiring the profitable payments company for £60m.

Virgin Money Giving and WorldPay have launched a new payment platform aimed to enhance the online process of donating.

The tech giant has struggled to scale its voice recognition payments app, and will now close the project on Feb 8.