Welcome to The Axis, your late look at payments news from around the world. Coverage includes the unveiling of an eWallet payment service with Boost and Shell Malaysia. In addition, Countingup is teaming up with insurance solutions provider Hokodo in the U.K., and Grab is tapping...
U.K. challenger bank Countingup is adding invoicing services to its suite of offerings for small and medium-sized businesses (SMBs), the company announced Wednesday (Jan. 9). The invoicing feature enables businesses using Countingup to generate and send invoices to their own clients from their smartphones, integrating...
The U.K.’s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). This week, the industry got a bit bigger: Recent reports said the sector’s newest entrant, Countingup, has officially launched to disrupt the small business (SMB) banking space. According...
In a bit of a mixed bag for B2B FinTech venture capital (VC), investment backers stayed fairly quiet this week, racking up nearly $90 million in funding. VC firms’ largest show of support was for artificial intelligence (AI), and there was a substantial growth equity...