Аsia
Cambodian digital bank launches nation’s first debit-credit card
Tech in Asia, Posted August 12, 2025
Wing Bank, a digital bank in Cambodia, has launched the Mastercard One Card, the first in the country to combine debit and credit card functions in a single card.
Developed with Mastercard and Compass Plus Technologies, it features a numberless design to help reduce fraud risk. Users can manage both functions through the Wing Bank app.
The card is available in Platinum and Gold versions, offering different credit limits and benefits such as travel insurance and airport lounge access. Annual fees are waived in the first year and can continue to be waived with certain usage levels.
Paytm Payments gets RBI nod to operate as online payment aggregator
Economic Times, Posted August 12, 2025
The Reserve Bank of India has permitted Paytm Payments Services to operate as an online payment aggregator, parent One97 Communicationstold exchanges on Tuesday.
Restrictions on onboarding merchants against Paytm Payments Services have been withdrawn, the RBI said in the letter to the Paytm arm.
The in-principle authorisation to Paytm Payments Services covers only payment aggregator (PA) operations as defined in Guidelines on Regulations of Payment Aggregators and Payment Gateways, RBI clarified.
Neon and Razorpay Partner to Boost Direct-to-Consumer Payments in India’s Gaming Market
Finance Feeds, Posted August 14, 2025
Neon, a global direct-to-consumer (DTC) payments platform for the gaming industry, has announced a strategic partnership with Razorpay, one of India’s leading payment service providers. The alliance aims to enhance localized payment capabilities for game publishers and provide Indian gamers with a seamless checkout experience.
Through this integration, Razorpay’s Online Payment Gateway will be incorporated into Neon’s Merchant of Record (MoR) platform. This will allow publishers to accept payments in Indian rupees via popular local payment methods such as Unified Payments Interface (UPI) wallets and domestic credit or debit cards. The move addresses a critical gap in the Indian gaming market—giving players access to secure, familiar payment methods while enabling global publishers to monetize more effectively.
Remittances in APAC surge as digital apps take the lead, study shows
IBS Intelligence, Posted August 13, 2025
Visa, a digital payments firm, announced results from its annual Money Travels: 2025 Digital Remittances Adoption Report based on responses from 44,000 senders and receivers across 20 countries and territories. The report tracks remittance trends around the world, including the Asia Pacific, a key region in the $905 billion global remittance landscape.
“Remittances have long driven growth across Asia Pacific, uplifting many economies in the region,” said Chavi Jafa, Senior Vice President, Head of Commercial and Money Movement Solutions, Asia Pacific, Visa. “The clear shift to app-based remittances reflects the region’s demographics, the growing prominence of digital payment modes, as well as user preferences for easy, safe and quick ways to send and receive money. This shift is an important one for banks, remitters and FinTechs to note as it will shape how they engage and serve evolving consumer expectations.”
Europe
Visa Partners with Bluechain to Modernize UK B2B Payments
Finance Feeds, Posted August 14, 2025
Visa has announced a strategic partnership with Bluechain, a UK-based B2B payments orchestration platform, in a move set to transform business-to-business payments across the United Kingdom. This collaboration, unveiled on August 13, 2025, will allow UK businesses to use Visa cards to pay any supplier — even those that have historically not accepted card payments. Bluechain will handle billing, collections, reconciliation, and act as the merchant of record, streamlining the entire payment process.
Lloyds secures contract to provide banking services for several government departments and public sector organisations
Lloyds Banking Group, Posted August 12, 2025
Lloyds has won, after a competitive tender, a contract to provide banking services for several government departments and public sector bodies, including the Department for Transport, Driver and Vehicle Licensing Agency, HM Revenue & Customs and the Ministry of Housing, Communities and Local Government.
The contract is for 8 years, with an option to extend up to a further 4 years, and involves processing a range of different payments on behalf of Government Banking, who provide a shared banking service across central government and wider public sector customers.
Brex gets EU payment licence to expand across Europe
IBS Intelligence, Posted August 12, 2025
Brex, has obtained its Payment Institution (PI) licence in the European Union via the Netherlands, to deliver its full suite of financial solutions directly to EU-based enterprises, reinforcing its commitment to powering the next generation of global, high-growth businesses.
The newly acquired licence authorises Brex to operate across all EU member states, enabling direct issuance of commercial credit cards and execution of payment services, including direct debits and credit transfers. This capability removes previous geographical constraints, allowing Brex to serve European-headquartered companies alongside subsidiaries of multinational enterprises, with locally accepted payment solutions and seamless integration into the EU’s financial infrastructure.
USA
UK’s Wise shareholders approve move to US stock exchange
Reuters, Posted July 29, 2025
Shareholders of British fintech Wise Plc (WISEa.L), opens new tab on Monday approved plans to shift the company’s primary stock market listing to the U.S. from the London Stock Exchange.
The shareholders’ vote at an extraordinary general meeting clears a key hurdle in Wise’s plan to pursue a U.S. primary listing, which will improve its access to capital and boost its profile among global investors.
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Wise has a dual share structure, in which shareholders with Class B stocks have more voting power than those with Class A stocks.
Affirm launches on Stripe Terminal, unlocking pay-over-time for in-store shoppers
Fintech Finance News, Posted August 13, 2025
Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and Stripe, the programmable financial services company, have expanded their partnership with the first buy now, pay later (BNPL) integration on Stripe Terminal. This integration enables U.S. and Canadian merchants to offer Affirm’s flexible, transparent payment options to in-store shoppers directly through Stripe Terminal, which has over one million devices in use.
“We’re excited to deepen our multi-year partnership with Stripe and bring Affirm to more shoppers via Stripe’s in-person payment solution,” said Wayne Pommen, Chief Revenue Officer at Affirm. “With over 80% of retail spend still happening in physical stores, enabling Affirm through Stripe Terminal gives us a powerful new way to help merchants drive growth and meet customers where they are – with more choice, transparency, and control at checkout.”
Exclusive: SoftBank selects banks for US IPO of payments app PayPay, sources say
Reuters, Posted August 12, 2025
SoftBank (9984.T), opens new tab has selected investment banks to help organize a potential initial public offering in the United States for its Japanese payments app operator PayPay, according to two people familiar with the matter.
The banks leading preparations for the listing are Goldman Sachs (GS.N), opens new tab, JPMorgan Chase & Co (JPM.N), opens new tab, Mizuho Financial Group (8411.T), opens new tab and Morgan Stanley (MS.N), opens new tab, the sources said.
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The PayPay offering may raise more than $2 billion from investors when it takes place, which the sources said could be as soon as the final quarter of this year.
Crypto Payments : Mesh Announces Additional Funding from PayPal Ventures, Others
Crowdfund Insider, Posted August 14, 2025
Mesh, the crypto payments network, announced additional investments from PayPal Ventures, Coinbase Ventures, Uphold, Mirana Ventures (venture partner for ByBit), SBI Investment, Overlook Ventures, Kingsway Capital, Moderne Ventures and CE-Ventures, bringing total capital funding to more than $130 million.
This support positions the company to “accelerate its impact on the global payments industry.”
Mesh’s technology supported the launch of PayPal’s Pay with Crypto service, which allows consumers “to pay with a wide range of cryptocurrencies and eligible wallets.”
White paper: How AI is propelling innovation in financial services
Fintech Futures, Posted August 13, 2025
Over the last few years, the financial services industry has been working to integrate both predictive and generative AI into their business practices. Early adopters of AI are already beginning to make topline contributions and stand out from their competitors in the industry.
While implementing AI in the financial services industry has the potential to be transformative, restrictive regulations and data privacy requirements mean that businesses must overcome several hurdles. Financial institutions, such as banks, often need to upgrade legacy systems before fully leveraging AI capabilities, necessitating investments in data capture and accuracy, workforce expertise, and system modernisation. These foundational enhancements are essential for achieving substantial returns on AI investments.
LatAm
Stone secures $54M from IDB Invest
Latam List, Posted August 8, 2025
Brazilian fintech Stone secured $54M in financing from IDB Invest, the private-sector arm of the Inter-American Development Bank. The investment follows Stone’s $467M round in December 2023.
Stone provides financial services to underserved businesses, aiming to reduce barriers and bureaucracies that hinder small business growth outside major urban centers.
Stone will use the funds to offer tailored credit solutions that match the challenges faced by entrepreneurs in the Amazon, with a focus on promoting female entrepreneurship.
Kunzapp raises $2M seed round from Wollef
Latam List, Posted August 8, 2025
Kunzapp, a Mexico–Chile-based startup, raised $2M in a seed round, bringing its valuation to $10M. The round was led by Wollef, with participation from The Hustle Fund, Wayra, Fen Ventures, Tantauco, and Byx Ventures. The investment follows a $700K round in 2023.
Kunzapp helps organizations monitor, optimize, and renegotiate software spending. Its platform automatically detects and scans all applications in use, showing who uses them, how often, and at what cost. This enables companies to save an average of 23% on software budgets by eliminating unnecessary expenses, maintaining control, and securing better contracts.
Brazilian FinTech NG.CASH secures $26.5m Series B
Fintech Global, Posted August 8, 2025
Brazil-based FinTech firm NG.CASH, a digital platform catering to the country’s Gen Z consumers, has raised $26.5m in its latest Series B funding round.
The investment was led by New Enterprise Associates (NEA) and included backing from Quantum Light, the innovation-focused fund founded by Revolut’s Nikolay Storonsky, alongside Monashees, Andreessen Horowitz (a16z), Endeavor Catalyst, 17Sigma, and Daphni. Notably, 17Sigma founder and Ualá CEO Pierpaolo Barbieri is also joining NG.CASH’s board.
BlindPay raises $3.3M to expand operations
Latam List, Posted August 8, 2025
Brazilian fintech BlindPay raised a $3.3M seed round from YouTube cofounder Jawed Karim, Bitso, 468 Capital, Transpose Platform, and Acacia Venture Capital Partners, along with angel investors Raphael Dyxklay and Caetano Lacerda.
BlindPay develops an API that enables businesses to integrate stablecoin payment solutions, allowing cross-border transactions without the traditional banking system limitations.
BlindPay will use the funding to accelerate its global transfers, expand operating licenses to new countries, and strengthen its presence in Latin America.
