Lianlian DigiTech Posts 64.7% TPV Surge, Profit Soars in 2024

Lianlian DigiTech, a global leader in digital payment and fintech solutions, announced its annual financial results for 2024 on March 18, 2025. As of December 31, 2024, Lianlian DigiTech’s total payment volume (TPV) for its digital payment business reached RMB 3.3 trillion, representing a 64.7% year-on-year increase. The Company expanded its client base to 5.9 million, with revenue rising 27.9% year on year to RMB 1.315 billion. Gross profit grew 18.2% to RMB 683 million, maintaining a healthy gross margin...

KCB Bank and UnionPay in a deal to support e-commerce payments

KCB Bank Kenya and UnionPay International (UPI) have partnered to enhance e-commerce payment capabilities in Kenya, enabling UnionPay cardholders to transact seamlessly on digital platforms. This collaboration marks a significant advancement in digital payment capabilities, aimed at enriching the online shopping experience for consumers and merchants across Kenya. “We are delighted to join hands with UnionPay International to enhance our e-commerce payment solutions. This partnership reinforces our commitment to providing secure and efficient digital payment services that cater...

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