Afterpay originally launched in 2015 and merged with payments technology company Touchcorp in mid-2017. Afterpay now services more than 3.1 million active users
Open banking has forced the UK’s big banks to use financial services from other players and to offer lifestyle services such as sourcing mobile phone or energy plans
Several of the world’s largest banks are in the process of investing around US$50 million to create a digital cash system using blockchain technology
Accounting platform Xero has chalked up its first ever half year profit on the back of strong global growth sparking a sharp shareprice rally.
Global fintech The ID Co. announces it has received $2m seed funding from global technology investor Amadeus Capital Partners, SixThirty and other investors
The Reserve Bank has warned that growth in payments driven by smart phones, watches and other wearable devices must not stifle competition.
The securities of Splitit Payments were placed in a trading halt at the request of the company, pending the release of an announcement.