Payments News
Following the announcement by the Company on 8 June 2023 regarding its expected intention to float, the Company today confirms its intention to proceed with an initial public offering (the “IPO” or the “Offer”) and confirms certain details of the Offer.
Majority, the mobile banking outfit for migrants in the United States, has raised $9.75 million to expand its presence along the US-Mexico border, opening a physical meetup space in Texas.
Visa is launching a fintech accelerator programme for African startups as part of its recent $1 billion pledge to accelerate the deployment of digital payments across the continent.
Payments Canada is to conduct a second review of its proposed Real-Time Rail (RTR) payments system, pushing the delivery deadline for the troubled project further into the future.
Global banks are expected to spend $57.1 billion on legacy payments technology in 2028, up from $36.7 billion in 2022, impacting costs and limiting growth, according to research from IDC Financial Insights.
Goldman Sachs has received several offers from investment firms to buy its BNPL-based home improvement lender GreenSky, according to press report.
