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Payment startup Stripe is launching in Australia, letting merchants in the country join the UK, Ireland, USA and Canada in taking payments using the service.
In September, Apple announced a new payment system called Apple Pay that will let people use their phones to pay for items in brick-and-mortar checkouts; Stripe, a privately held payment startup that competes with PayPal, was included on a list of early Apple partners, while PayPal wasn't.
Now, we've confirmed via multiple sources, is payment startup Square's turn.
Cellulant — a Nairobi-headquartered pan-African payment startup — has also posted some impressive fintech stats.
Uber has payment partnerships with M-Pesa and Nigerian digital payment startup Paga.
Other deals have included taxi radio service Gcabs.in, trip-planning service Geotagg and payment startup Qarth.
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It seems that competition among payment startups is matched by that among Spanish conquistador banks.
Lending and payment startups lead investments with nearly 80percentt of the capital.
It will have to compete with payment startups like Bangkok-based Omise as well as Braintree and Stripe.
And funding is going up in all industries, with payment startups reaching $3.8 billion in funding last year.
Other backers include Amazon.com Inc's cloud unit Amazon Web Services, Indian IT giant Infosys and Brockman, former chief technology officer of payments startup Stripe.
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