Two-thirds of UK adults now use mobile payment services, according to UK Finance. While digital wallet adoption grows, particularly among younger demographics, cash remains a vital budgeting tool for millions, with usage expected to persist through 2035.
Crypto remains a marginal payment option for euro area businesses, with just 0.2% accepting it online, while mobile payments and cash grow, a new ECB survey shows.
Samsung Electronics announced plans to integrate stablecoins into Samsung Wallet, expanding its functionality beyond traditional payments to include digital assets. This move, revealed at the Galaxy Unpacked showcase, aims to make Samsung a leading mobile brand for digital value transfers, building on its 2025 partnership with Coinbase for crypto purchases in the US.
Indian travel-tech startup Scapia has secured $63 million in a funding round led by General Catalyst, despite a global fintech funding slowdown. The company's valuation has more than doubled to over $500 million.
