FinTech Update: April 2019

Mastercard Backs Out of Earthport Deal, Acquires Transfast Mastercard’s bidding war with Visa for payment-technology firm Earthport intensified in February, capped off by a $320m offer by Visa that forced Mastercard to drop out. One month later, Mastercard announced that it had agreed to acquire a different cross-border payment startup, Transfast. Transfast does not have…

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7/29 FinTech Update

Welcome to the first FinTech Update! In this series we will post bi-weekly updates on developments in fintech. For extended analyses, look out for our research articles coming soon. With that said, let’s get right into it: Paidy raises $55m Series C Japanese startup Paidy has just raised an additional $55 million in funding, adding…

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