Ant Financial seals WorldFirst takeover

Ant-Financial has its agreement to acquire UK-based currency transfer operator WorldFirst. The deal has been confirmed by an Ant Financial spokesperson, but no details of the transaction have been disclosed.…

Starling Bank scores £ 75 million investment

The British challenger raised £ 60 million in a Series C funding round led by Merian Global Investors from Guernsey and another £ 15 million from its only existing investor,…

Barclays and Santander invest in MarketInvoice - Finextra

Barclays and Santander InnoVentures have led a £ 26 million Series B funding round in online invoice financing platform MarketInvoice. The round was joined by venture fund Viola Credit, which…

Mastercard and Visa are fighting for the Chinese company - Handelsblatt

Visa and Mastercard The two payment service providers are pushing the Chinese market – so far unsuccessful. (Photo: AP) Frankfurt, BerlinThe American credit card providers Mastercard and Visa are targeting…