London-based Powa Technologies has inked a 10-year strategic alliance with China UnionPay to create a ubiquitous new standard in mobile commerce for CUP’s 1.3 billion credit and debit card users.
London-based Masabi, a specialist in mobile ticketing and innovative fare collection for transportation, snagged a $12 million funding round.
London-based GoSend, a new international shopping and shipping service, has launched in the UK. Based in one of five tax-free U.S. states, Delaware, GoSend is a unique subscription service offering members a ‘virtual locker’, giving them a U.S. address to reduce shipping fees from U.S. retailers and extend bulk discounts to ship for less anywhere in the world.
London-based CEX.IO is providing the best experience of buying Bitcoins with credit cards and debit cards. This is based on the exchange’s ideal conditions for quick and successful processing of card payments, the wide range of acceptable payment cards, and numerous positive feedbacks from users.
Belfast-based PiggyPot is expanding rapidly following a successful trial earlier this year. The company, who are on a mission to make it easier and more rewarding to set aside funds for the future, is looking to grow it’s team with four new full-time positions ranging from iOS and Backend Developers to Designers.
Monitise reports FY 2015 revenue declined 6% to £89.7m. The loss was £41.8m, was at the lower end of the Company’s guidance range of a £40-50m loss. Elizabeth Buse has stepped down as CEO and from the Board. Deputy CEO and Chief Commercial Officer Lee Cameron has been appointed CEO.
London-based Towry, the wealth adviser, is launching a new online portal, My Towry allowing its clients to access all their personal financial information in one place.
UK-based Worldpay is now valued at US$9.2 billion and Ingenico rumored is seriously considering gobbling up the payments firm. Worldpay is owned buyout firms Advent International Corp. and Bain Capital.
London-based CellPoint Mobile, a global payment solutions company whose technology enables airlines to easily manage and control the complex and costly travel payments ecosystem, is unveiling its newest platform, the Converged Payment Gateway to the global airline industry.
London-based Worldpay has ankled Sir Michael Rake to become Non-Executive Chairman on September 1. Sir Mike brings a wealth of experience to Worldpay, having spent 30 years at KPMG where he was Senior Partner at KPMG UK, as well as Chairman of KPMG International.
London-based Swifthub is gaining traction as the best solution for cost-effective cross-border corporate payments that lets businesses make payments or even mass payments to any Visa/MasterCard credit/debit cards worldwide for just 0.75% fee.
MasterCard is gobbling up a top cloud-based analytics provider for $600 million. The acquisition of Applied Predictive Technologies (APT) follows the recent acquisition of 5One, a London-based retail consulting and analytics firm.