Аsia
India’s Juspay opens Singapore office to strengthen APAC presence
IBS Intelligence, Posted April 24, 2025
India-based payments infrastructure firm Juspay has opened a new office in Singapore, establishing a strategic hub for the Asia Pacific (APAC) region. The expansion marks a key step in Juspay’s international growth strategy as it aims to address the evolving payment needs of enterprises and financial institutions across APAC markets.
With its headquarters in Bengaluru and backed by investors including SoftBank, Accel, and VEF, Juspay delivers full-stack payment solutions for enterprise merchants and banks. Its suite of services spans one-click checkout, orchestration layers, 3DS authentication, network tokenisation, reconciliation, fraud prevention, offer engines, and a white-label real-time payments infrastructure.
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Tribe and Finmo Partner to Bridge Payment Infrastructure Between Europe and Asia
Fintech Finance News, Posted May 29, 2025
Leading payment technology firm, Tribe Payments, has announced a strategic partnership with global Treasury Operating System (TOS), Finmo, to deliver integrated, end-to-end payment and treasury services to banking and fintech clients across key growth markets – notably Asia-Pacific (APAC) and Europe.
The new partnership combines Tribe’s issuer and acquirer processing platform with Finmo’s fast-scaling treasury and financial management system, which is licensed to move and manage money across 180 countries.
Singaporeans More Concerned About AI-Powered Fraud Than Global Average
Fintech Fintech News, Posted May 21, 2025
There is growing unease about the risks of AI-driven scams, with many expressing lower trust in online content and a willingness to undergo stricter identity checks.
There has been a significant decline in consumer trust in the digital world, largely driven by the rise of AI-powered fraud and deepfakes, according to a recent study by Jumio.
The 2025 Jumio Online Identity Study, which surveyed over 8,000 adult consumers across the U.S., the UK, Singapore, and Mexico, indicates growing unease about the authenticity of online content and personal security.
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PayPal Gets Approval to Facilitate Cross-Border Payments in India
Fintech Payments Journal, Posted May 28, 2025
Amid a flurry of initiatives, PayPal has received an in-principle nod to become a cross-border payments aggregator in one of the world’s largest markets.
In recent years, the Reserve Bank of India (RBI) has brought cross-border payments under a tighter regulatory framework, requiring all companies to obtain a payment aggregator cross-border (PA-CB) license.
Due to the stringent guidelines, only a handful of organizations were permitted to operate as cross-border payments providers a year after the proposal was introduced: Adyen, Amazon Pay, BillDesk, and Cashfree Payments. Earlier this year, India’s Skydo was added to that list.
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Mambu launches latest product offering, Mambu Payments, extending composable banking beyond core
Mambu, Posted May 27, 2025
Today, global cloud banking leader Mambu unveils Mambu Payments, expanding its composable banking platform to include modern, end-to-end payment capabilities. Following its acquisition of payments technology provider Numeral in December 2024, this marks a significant step forward in Mambu’s mission. The launch of Mambu Payments means Mambu is poised to help financial institutions modernise core infrastructure and accelerate innovation across the entire banking stack, spanning lending, deposits, and payments.
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Europe
FinTech leader Dojo secures $190m to fuel European expansion
Fintech Global, Posted May 29, 2025
Dojo has raised $190m in a landmark equity investment from Vitruvian Partners. This marks the first time the company has raised external equity capital.
The investment from Vitruvian, a global growth investment firm with a strong track record in FinTech and payments, is expected to significantly accelerate Dojo’s growth trajectory. The funds will help the company expand further in the UK and deepen its presence in key European markets. Founded in 2021, Dojo has swiftly emerged as a major player in the payments space. Its platform supports seamless, high-speed in-person transactions and offers robust “always-on” connectivity. The company currently processes between 6 and 9 million transactions daily and engages with over 50 million unique consumer cards every month.
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Europe’s banks brace for real-time payments —and millions in lost interest
IBS Intelligence, Posted May 26, 2025
There’s no such thing as banking hours anymore. Weekends, evenings, holidays — they’re all fair game now. With the EU’s SEPA Instant Payments Regulation set to become mandatory by October 2025, banks are being pushed into a world where euro payments must clear in seconds, 24/7/365. It is a landmark shift designed to modernise European payments, but it comes at a steep cost.
New research by RedCompass Labs reveals that 47% of European banks expect to lose millions in interest as they scramble to meet the regulation’s round-the-clock liquidity demands.
IRevolut, Posted May 20, 2025
Revolut Group, the global fintech with over 55 million customers and more than 40 million in Europe, has announced as part of today’s Choose France Summit that Paris will become home to its new Western Europe headquarters. As part of this expansion, the company will soon apply for a French banking license and is set to invest more than €1 billion in France over the next three years, creating over 200 jobs and marking the largest foreign investment in the French financial sector in over a decade.
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myPOS and YouLend Unite to Simplify Access to SME Capital
Revolut, Posted May 13, 2025
myPOS has joined forces with YouLend, the preferred global embedded financing platform for leading e-commerce, technology and payments providers, to launch a new service in France.
Through this partnership, eligible myPOS clients can access revenue-based funding directly on the all-in-one fintech platform. They will enjoy a flexible repayment structure, where merchants can pay back by allocating a percentage of the funds received from card payments processed on myPOS. The loans functionality is accessible only to myPOS clients meeting certain requirements: for example, being an active myPOS merchant for 12 consecutive months. Those that qualify can secure a loan and receive funding within a single day.
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Apple Expands ‘Tap to Pay on iPhone’ Availability in Europe
PYMNTS, Posted May 27, 2025
Apple has extended Tap to Pay on iPhone to eight more European countries.
The feature, which enables merchants to use an iPhone to accept in-person contactless payments, was launched Tuesday (May 27) in Belgium, Croatia, Cyprus, Denmark, Greece, Iceland, Luxembourg and Malta, Apple said in a Tuesday press release.
With an iPhone and a partner-enabled iOS app, businesses can accept payments from contactless credit and debit cards, Apple Pay and other digital wallets, according to the release. Because no additional hardware or payment terminal is required, merchants using this solution can accept payments anywhere they do business, per the release
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USA
Some US banks explore venturing into crypto with joint stablecoin, WSJ reports
Reuters, Posted May 23, 2025
Some of the biggest U.S. banks are exploring whether to team up to issue a joint stablecoin, The Wall Street Journal reported on Thursday.
The conversations have so far involved companies co-owned by JPMorgan Chase (JPM.N), opens new tab, Bank of America (BAC.N), opens new tab, Citigroup (C.N), opens new tab, Wells Fargo (WFC.N), opens new tab and other large commercial banks, the report said, citing people familiar with the matter.
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OpenFX emerges from stealth with $23m raise to rewire cross-border payments
IBS Intelligence, Posted May 28, 2025
OpenFX, a new-age FX infrastructure platform aiming to overhaul cross-border payments, has emerged from stealth mode with $23 million in initial funding. The round was led by Accel and backed by NFX, Lightspeed Faction, Castle Island Ventures, Flybridge, Hash3, and a roster of strategic FinTech investors.
Founded by Prabhakar Reddy, former Co-founder and COO of FalconX, OpenFX has already processed $10 billion in annualised volume within 12 months of its quiet launch in early 2024. The company’s platform enables real-time, 24/7 FX settlement, reducing transaction times by up to 99% and cutting costs by as much as 90% compared to legacy systems.
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Costco Offering Buy Now, Pay Later With Affirm. But Is It Worth It?
CNET, Posted May 23, 2025
Costco recently announced it’s partnering with Affirm to offer its customers Buy Now, Pay Later plans for online purchases between $500 and $17,500. This BNPL plan lets you split a purchase into up to 36 payments across several months, and charges interest. A typical pay-in-four BNPL that you may be familiar with lets you split a purchase into four weekly payments, with no interest.
However, using a BNPL plan isn’t necessarily always a good deal, and unlike some BNPL plans, Affirm’s option charges interest. If the interest accrued substantially increases how much you’d spend — under the guise of convenience or low monthly payments — it’s not actually a deal. And not everything should be financed, either (looking at you, DoorDash).
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LatAm
Nu México and OXXO launch cash deposits
Nu, Posted May 21, 2025
Nu Mexico and OXXO announce the launch of cash deposits at OXXO locations nationwide. The milestone expands the collaboration between the companies announced earlier this year.
This new feature will allow over 11 million Nu customers to securely and conveniently deposit funds through OXXO’s extensive network of more than 23,000 OXXO stores* using a deposit code, simplifying access to digital finances for a significant part of the Mexican population for whom cash remains relevant.
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Intelligentcio, Posted May 26, 2025
Galicia, Naranja X, and Santander have joined BioCatch Trust Argentina, the Western Hemisphere’s first intelligent interbank network for the exchange of real-time information on fraud and scams, based on behaviour and devices. BioCatch Trust is the first and only network of its kind that works thanks to more than 3,000 user behavior indicators (keyboard and mouse activity, touchscreen behavior, swipe pressure, among others). It protects member banks’ customers against financial crime, scams and fraud, using this data to assess in real-time the trustworthiness of the accounts to which they direct their transfers and payments.
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