Month: January 2024

The total capital invested into fintech globally has almost halved. It reached $51.2bn in 2023, a decrease of 48% compared to 2022, when total investment amounted to $99 billion. The 2023 spend was spread across 3,973 deals compared to 6,397 deals in 2022. The US received the most investment in 2023, bringing in over $24bn … Read more

The global transaction value processed via soft POS will reach $11.8bn by 2028, up from $1 billion in 2023. Major growth drivers will be driven by Apple’s launch of Tap to Pay, coupled with soft POS’ low cost of acceptance, which will lead to significant small business adoption. Soft POS allows NFC‑enabled smartphones or tablets … Read more