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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GCash partners with Mastercard to allow tap-to-pay for customers
ABS CNB, Posted April 22, 2025
GCash has partnered with Mastercard to allow its users to make payments by tapping their phones on point-of-sale (POS) outlets.
Under the new partnership, GCash users can now tap their NFC-enabled Android phones on POS terminals where Mastercard is accepted to pay for their purchases. Users must be connected to the internet in order to pay.
GCash said this contactless payment option is now available everywhere in the Philippines, and there are plans to make it available internationally soon.
Google Pay adds support for TNG eWallet and ShopeePay for online transactions
Fintech The Star, Posted April 23, 2025
Google has announced support for the Touch ‘n Go (TNG) eWallet and ShopeePay for online transactions with certain merchants in Malaysia.
Users can now perform payments at checkout using their ewallet balance, provided they are dealing with a supported merchant that uses iPay88 or Fiuu at their payment gateway provider.
It is worth noting that adding either the TNG eWallet or ShopeePay will not allow users to use them for in-person payments in the Google Wallet app, instead only functioning as a way to make online transactions faster and more convenient with supported merchants.
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Europe
Visa and Nationwide deepen 35-year partnership to expand UK payment solutions
Fintech Global, Posted April 24, 2025
Visa, a global leader in digital payments, and Nationwide, the UK’s largest building society, have extended their decades-long partnership to further enhance card and payment services across the country.
The renewed agreement aims to boost growth in Nationwide’s current account and credit card offerings, enabling the society to deliver greater value to more UK consumers. As part of the expanded partnership, Visa will provide services across both card-based and account-to-account payment types—a first for the collaboration. This strategic move underscores the increasing importance of cohesive user experiences and robust fraud protection across all forms of payments.
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Revolut, the $45B neobank, posts $1B profit in 2024
Tech Crunch, Posted April 24, 2025
Revolut, the $45 billion neobanking startup founded in the U.K., may have put its IPO plans on ice, but its balance sheet is looking pretty hot.
The company reported net profit of $1 billion (£790 million) in 2024, while its customer base grew by 38% to 52.5 million, according to its annual report. Revenues increased 72% to $4 billion (£3.1 billion) in the year. This is Revolut’s fourth straight year of being in the black. 2024 was a big year for the company — its net profit more than doubled what it earned in 2023 ($428 million), and it finally secured a banking licensein its home market of U.K., which is its biggest. It moved up to a $45 billion valuation on the back of a big secondary share sale. And it launched a crypto exchange, Revolut X.
Visa and Nationwide Strengthen Cyber Payments Partnership
Cyber Magazine, Posted April 24, 2025
Revolut Visa and Nationwide deepen their 35-year alliance, bringing cybersecurity and fintech innovation to card and account-to-account payments infrastructure
Visa and Nationwide extend a partnership that now spans 35 years, aiming to meet modern payment demands with advanced cybersecurity, fintech innovation and a dual-rail system that supports both cards and account-to-account (A2A) transfers.
The move is designed to help the UK-based mutual and its members adapt to a technology-driven future, offering heightened security and seamless digital services.
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USA
PayPal introduces 3.7% yield on stablecoin balances to boost payments activity
CNBC, Posted April 23, 2025
PayPal and Venmo users will soon be able to earn yield on their stablecoin holdings, the company said Wednesday.
Customers will earn an annual rewards rate of 3.7% beginning this summer. It will be paid in the PayPal USD stablecoin (PYUSD) on their holdings of the same token. The rewards will be available to use for transacting with other users on the platform, funding international transfers, exchanging dollars or other fiat currency or to make purchases with PayPal merchants.
PayPal launched PYUSD in 2023, making it the first major financial institution to launch a U.S. dollar-backed stablecoin. It now makes up less than 1% of the market, which is dominated primarily by Tether’s’ USDT (66% of market cap) and Circle’s USDC (28%), according to CryptoQuant. The total market cap for stablecoins has grown 37% in the past year.
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EBay Expands Klarna BNPL Services to US
PYMNTS, Posted April 23, 2025
American consumers can now buy now, pay later (BNPL) on eBay.
A press release issued Wednesday (April 23) announced that eBay has extended its partnership with payments company Klarna to include the U.S. market.
So for example, American eBay buyers can split eligible purchases into four interest-free payments through Klarna’s “Pay in 4” plan or choose longer-term financing options for higher-ticket transactions.
The move follows Klarna’s rollout of similar services for eBay shoppers across several European countries, including the U.K., France, Italy, Spain, Austria and the Netherlands.
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19 US fintech startups have raised over $50M in 2025 so far
Tech Crunch, Posted April 23, 2025
After a sluggish couple of years, fintech appears to be making a comeback.
In the first quarter of 2025, fintech startups globally raised a combined $10.3 billion — marking the highest level of funding since the first quarter of 2023, according to CB Insights research. The average deal size of $17.7 million also marked the highest since 2021.
Notably, several crypto-related startups are among those raising larger rounds in 2025, a reflection of renewed investor appetite in the space.
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LatAm
Fiserv to acquire Brazilian FinTech Money Money
IBS Intelligence, Posted April 24, 2025
Fiserv has signed a definitive agreement to acquire Money Money Serviços Financeiros S.A., a Brazilian FinTech specialising in SMB financing. The acquisition aims to strengthen Fiserv’s position in Brazil by enhancing its ability to deliver capital access to small and medium-sized businesses (SMBs), supporting their growth and operational expansion. Money Money operates a specialised financing platform that taps into Brazil’s Central Bank-regulated receivables registry infrastructure. Using this system, the company offers working capital and tailored financial solutions to SMBs based on rigorous business performance analytics. Its capabilities align with and enhance the strategic goals of Clover, Fiserv’s point-of-sale and business management platform, which was launched in Brazil in December 2024
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TOKU RAISES $48 MILLION SERIES A TO EXPAND ACCOUNTS RECEIVABLE SAAS ACROSS LATIN AMERICA
IFinancial IT, Posted April 18, 2025
Toku, an account receivable SaaS platform, announced today that it has raised $48 million in Series A funding, bringing its total funding to $55 million. With this fundraise, Toku and CEO Cristina Etcheberry have raised the largest Series A by a female founder in Latin America. The round was led by Oak HC/FT, representing its fourth fintech investment in LatAm in the past three years. Existing investors, including Gradient Ventures (one of Google’s investment funds), F-Prime, Clocktower, Y Combinator, and Honey Island by 4UM, also participated.
Toku’s software connects companies’ ERPs with banks and payment rails, enabling payment orchestration and automated collections. Its suite includes customizable payment portals, automated reconciliations, and optimized collection strategies. In Latin America, where automatic payment adoption is low, Toku increases automated payment methods from 10% to 90%, significantly boosting companies’ revenue. By leveraging real-time data, Toku automates the entire payment cycle – from method selection to customer engagement – enhancing both efficiency and user experience.
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KLAP LAUNCHES VISA AND MASTERCARD ACQUIRING ON BPC’S CLOUD, REACHING 90 MILLION MONTHLY TRANSACTIONS
Financial IT, Posted April 17, 2025
Klap, one of Chile’s fastest-growing acquiring networks, has achieved a significant milestone by launching Visa and Mastercard acquiring services in partnership with BPC, a global leader in payment solutions. Leveraging BPC’s next-generation SmartVista platform in the cloud, Klap has completed a comprehensive modernisation of its processing infrastructure.
Now operating fully under a SaaS model, Klap can process and manage large transaction volumes with total operational flexibility and security. The platform went live supporting both Visa and Mastercard, and is designed to scale to other international schemes such as Amex, UPI, and Maestro.
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Mexican lender Banorte to scrap unprofitable digital bank
Reuters, Posted April 23, 2025
Mexican lender Banorte said on Tuesday it would either sell or fuse year-old fintech Bineo, part of a larger overhaul of the bank’s digital strategy to cut costs and simplify operations.
CEO Marcos Ramirez told journalists that Bineo, which lost 289 million pesos ($14.12 million) in the first quarter, could be brought under the Banorte umbrella or sold. A decision should be made this year, he added.
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