WealthTech

Raise Funds for your Loved Ones' Medical Expenses via GiveForward, $2.52 Mn Funding

GiveForward was Co-Founded in 2008 by Desiree Vargas Wrigley (CEO) and Ethan Austin (President). The company has received a total funding of $2.52 Mn through investors Excelerate Labs, Founder Collective, Pritzker Group Venture Capital, Social Leverage, David Cohen, First Round Capital, Naval Ravikant and FireStarter Fund. GiveForward provides free online...

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Payments

ANZ late payment credit card fees, CIBC Telus to mobile-payment, Canada just might be the future of U.S, Apple removes last Bitcoin wallet app, Payment News

Payment News for today from our News Aggregation wing:   1. Smh.com.au - ANZ late payment credit card fees illegal: court  Big banks could be forced to refund more than $55 million to their customers, after the Federal Court found ANZ Bank had charged "extravagant, exorbitant and unconscionable" late payment fees...

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BankTech

Monitise Acquires Pozitron Yazilim in a $100 Million Deal

On 3rd February 2014, London based mobile financial provider announced the purchase of Pozitron Yazilim, a Turkey-based mobile technology company. This deal, estimated to be around $100 Mn, enables Monitise to grab a better foothold in the Middle East region. Monitise was founded in 2003 by Alastair Lukies (CEO). The company was...

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Enabling Technologies

Powa Technologies scores £20.7m, Sub Saharan opportunity for payments, MasterCard Results, Chipotle Speeds Up Mobile Payments, Payment News

Payment News for today from our News Aggregation wing:  1. finextra - Powa Technologies scores £20.7m investment Cutting edge mobile payment specialist Powa Technologies has announced that it has secured a further $20.7m investment to add to the $76m raised at the end of last year, proving the potential of...

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Enabling Technologies

Reportedly 707% Rise in Chinese Mobile Payment Services, Alipay the Biggest Winner

According to data from data analysis and online tracking firm iResearch, the total transaction volume by independent mobile payments services from China increased by 707%, rising to $201.2 Billion (1219.74 Bn Yuan) in 2013. Its surprisingly high. The independent services that iResearch refers to are all payment services. This excludes...

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