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Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion

Nigeria’s Paga acquires Apposit, confirms Mexico and Ethiopia expansion Nigerian digital payments startup Paga has acquired Apposit, a software development company based in Ethiopia, for an undisclosed amount. That’s just part of Paga’s news. The Lagos based startup will also launch its payment products in Mexico this year and in Ethiopia imminently, CEO […]

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Bolt raises €50M in venture debt from the EU to expand its ride-hailing business

Bolt raises €50M in venture debt from the EU to expand its ride-hailing business Bolt, the billion-dollar startup out of Estonia that’s building a ride-hailing, scooter and food delivery business across Europe and Africa, has picked up a tranche of funding in its bid to take on Uber and the rest in […]

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Former Google Pay execs raise $13.2M to build neo-banking platform for millennials in India

Former Google Pay execs raise .2M to build neo-banking platform for millennials in India Two co-founders of Google Pay in India are building a neo-banking platform in the country — and they have already secured backing from three top VC funds. Sujith Narayanan, a veteran payments executive who co-founded Google Pay in […]

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Fintech’s next decade will look radically different

Fintech’s next decade will look radically different The birth and growth of financial technology developed mostly over the last ten years. So as we look ahead, what does the next decade have in store? I believe we’re starting to see early signs: in the next ten years, fintech will become portable and […]

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PayPal completes GoPay acquisition, allowing the payments platform to enter China

PayPal completes GoPay acquisition, allowing the payments platform to enter China PayPal this morning announced it has completed its acquisition of a 70% equity stake in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.), making PayPal the first foreign payment platform to provide online payment services in China. The transaction was approved by […]

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Essential tools for today’s digital nomad

Essential tools for today’s digital nomad Dave Williams Contributor A serial entrepreneur in the digital marketing, advertising, and ad tech industries, Dave Williams founded and sold 360i, IgnitionOne, BLiNQ Media, and other ventures and is now the CEO and Co-founder of NOMADX, with his base in Lisbon, Portugal. The world isn’t ready […]

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Daily Crunch: PayPal acquires Honey

Daily Crunch: PayPal acquires Honey The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. PayPal to acquire shopping and rewards platform Honey for $4B Currently, Honey’s 17 […]

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Elavon to acquire Sage Pay, a gateway that competes with Stripe, PayPal and Adyen, for $300M

Elavon to acquire Sage Pay, a gateway that competes with Stripe, PayPal and Adyen, for 0M E-commerce continues to gain momentum — a trend we’ll see played out in the next two months of holiday shopping — and with that comes more consolidation. Today, Elavon, the payments company that is a subsidiary […]

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Google to offer checking accounts in partnership with banks starting next year

Google to offer checking accounts in partnership with banks starting next year Google is the latest big tech company to make a move into banking and personal financial services: The company is gearing up to offer checking accounts to consumers, as first reported by the Wall Street Journal, starting as early as […]

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PayPal reports solid third-quarter results, with total payment volume growing 25%

PayPal reports solid third-quarter results, with total payment volume growing 25% PayPal reported third-quarter results today that were slightly ahead of analysts’ expectations, driven by an increase in total payment volume. The company’s quarterly revenue grew 19% year-over-year to $4.38 billion. Its GAAP net income was 39 cents per share, or $462 […]

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