Money & Payments

Paytm is raising $300 million

Mobile payment and commerce platform Paytm, is in talks to raise a fresh round of funding of about Rs 2,000 crore ($300 million) from investors including Wall Street heavyweight Goldman Sachs, Singapore-based sovereign wealth fund Temasek and Taiwanese semiconductor major Mediatek. Read more at The Economic Times   Photo by n.bhupinder

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Singapore pushes for cashless payments

In 2014 Singapore was one of the first countries in the world to build a 27/7, real-time interbank fund transfer system, called Fast. Now it will let people send money using only recipients’ mobile numbers or identification number, using the FAST system. Read more at Finextra  

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Interview withthe Founder and CEO of Dwolla

Chris Skinner interviews Ben Milne, founder and CEO of Dwolla. Dwolla has built its own alternative to the credit card networks and Automated Clearing House (ACH), hence avoiding the hefty interchange fees and offers instantaneous transfers. Read more at TheFinanser Photo by Dwolla Dwolla

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