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Tuesday, October 20, 2020

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Wirex raises £3.7m through crowdfunding

Wirex is operating in 130 countries with 3.1m registered users and is a crypto-currency payments platform that launched the world’s first Visa crypto-enabled payments card.

PayPal enters UK’s market with Klarna like product

PayPal launches a new buy now, pay later product in the UK allowing users to pay in three instalments over a short period.

Mastercard and Marqeta expand partnership

Marqeta, which offers a card issuing platform, and Mastercard plan to expand into new regions and launch additional card programs together. Their expansion plan will begin in Asia Pacific.

Curve Credit hires Henry Kenner as non-executive director

Just like Klarna, Curve credit offers credit on purchases made with your Curve card, which is to be paid back in instalments.

Hungarian fintech startup Péntech receives funding of EUR 700K

Péntech entered the market in beta mode in the autumn of 2019. Since spring 2020 the digital factoring platform is fully functional and is used by more than 300 registered users.