Fintech
Mehedi Hasan, Founder & Group CEO at MyCash Online while conversing with Daily NewsPK explained how they are addressing the issues concerning financial inclusion among migrant workers in Asian markets and at the same time offering ease and security with their transactions. 1. What led you to create ‘MyCash Online’? When was it founded? In […]
Samsung Electronics Co., Ltd has today announced a new partnership between Samsung Pay, the digital banking platform Curve, one of Europe’s leading fintech, and Mastercard to launch the Samsung Pay Card. The all-new digital payment solution will offer Samsung customers greater flexibility and control when managing their finances by offering a single view of spend, whilst also enabling […]
Mastercard announced it has entered into an agreement to acquire Finicity, a leading North American provider of real-time access to financial data and insights. The purchase price is US$825 million, and Finicity’s existing shareholders have the potential for an earn-out of up to an additional $160 million if performance targets are met. The addition of […]
UnionPay International, Wemsol Private Limited and Bank AL Habib jointly announce today the launch of UnionPay QuickPass (NFC/Contactless and HCE) acceptance on Keenu POS terminals in Pakistan, where consumers can make safe and quick payments by tapping their UnionPay cards at KEENU POS terminals at more than 7,000 merchant locations in Pakistan. This is the […]
Checkout.com becomes one of the most valuable fintech globally. Today the company announces a $150m Series B funding round, tripling the value of the online international payments business. The $5.5bn valuation reflects a growing business demand for transformative online payment solutions that perform across all geographies and channels. Checkout.com’s online transaction numbers had already increased by 250% comparing […]
The spread of the Coronavirus continues to disrupt the lives of people in Pakistan. In order to provide more stay-at-home services, Cheetay has launched Grocery- an on-demand 30-minute grocery and essentials delivery service. Pakistan’s fastest growing NOW-Commerce startup has partnered with FMCG brands, local supermarkets, retailers, karyana stores, and other vendors to bring fresh fruits, […]
Life has slowed down, but people still need to sell their cars or buy used ones. Recognizing this necessity and supporting customers’ efforts to maintain social distancing, VavaCars has once again set out to completely revolutionize the car selling process by offering their services at people’s doorsteps via their new, ground-breaking mobile purchasing units. Reopening […]
Çağla GÜL ŞENKARDEŞ, CEO of MenaPay while in conversation with Daily NewsPK elaborated on how MenaPay is focusing on financial inclusion and has changed the dynamics of payment industry of the region using blockchain technology. 1. What led you to create ‘MenaPay’? When was it founded? MenaPay stands for connecting consumers with the digital economy […]
Tabby, the UAE-based FinTech startup and the region’s first Buy Now Pay Later solution, announced it has raised $7M to fund its growth and launch its offering in Saudi Arabia. The funding round was led by Raed Ventures with participation from MSA Capital and existing investor Arbor Ventures. Launched in 2019 by Hosam Arab, […]
Tonik Financial Pte Ltd (“tonik”) announced today that it closed a $21M round of Series A equity funding. The round was led by blue-chip VC investors Sequoia India and Point72 Ventures, with significant participation from previous VC investors Insignia and Credence. tonik will use the funding to launch its digital bank in the Philippines, targeting […]