Paytm raises $1.4 billion from SoftBank to expand user base — Bloomberg — “The funding into One97 Communications, which operates the Paytm brand, will help the startup expand its user base of 220 million and build a large offering of financial services products… Alibaba and its payments affiliate Ant Financial held a 40 percent stake in One97 before this investment.”
- Eventbrite brings tap to pay to the events industry
- Biometric card pioneer backs away from payments citing lower-than-expected market uptake
- EU calls for feedback on proposed settlement with Apple over NFC chip access
- Google signs deal to take UPI beyond India
- NFC Forum spells out DPP ambitions in ebook