Payments

Payments fintech Airwallex has closed its series B fundraising round at US$80 million, with the new capital to go towards the company's international expansion.

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Australia’s first digital-only bank volt bank has signed a deal to use payment services provider Verrency’s platforms and services.

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Melbourne-based payments fintech Novatti has partnered with Middle Eastern bank Banque Berno Saudi Fransi to help provide services to ‘unbanked’ rural customers in Syria.

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Global remittances giant Western Union is remaining tight-lipped about its relationship with Ripple despite loudly proclaiming a pivot to digitisation, e-commerce and social media.

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Financial technology developer Novatti has launched a new bill payments platform that allows residents and tourists in China to make Australian Bpay payments through Alipay.

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