Brazilian Payments Fintech PicPay Targets $500M in US IPO to Fuel Growth

PicPay, a Brazilian mobile banking platform under the Batista family’s investment vehicle, is reportedly planning a $500 million initial public offering (IPO) in the United States, aiming for a 2026 debut. This move highlights the company’s aim to tap high-potential global markets. Launched in 2012… Read More

NoFraud’s Yofi Acquisition Bolsters Return Fraud Response

NoFraud, an e-commerce fraud prevention provider, has acquired Yofi AI, a return fraud and policy abuse detection platform for e-commerce retailers backed by Nyca Partners, Point72 Ventures, and eBay Ventures. With Yofi AI, NoFraud is expanding beyond payment fraud to stop policy abuse at scale… Read More

Gift Card Purchases Rising, Blackhawk Network Explains Why

Shoppers are strategically shifting toward more gift card purchases to maintain holiday gifting traditions amid economic pressures, according to new research from Blackhawk Network (BHN), a global provider of branded payment solutions. BHN’s annual holiday forecast, which surveyed more than 2,100 U.S. consumers, reveals that… Read More

Rakuten Research Suggests Incentive Stacking, Rising Credit Card Debt Among 2025 Holiday Shopping Trends

Rakuten has unveiled new research conducted by Harris Poll highlighting a sharply divided outlook for holiday shopping this year. Just 28% plan to spend less, while 26% expect to spend more. This divide is even more pronounced among households with children, which are gearing up… Read More

Maclear: European P2P Lending Rates Rising

A new study by Maclear shows that the P2P lending sector in Europe is gaining momentum as investors look for higher yields and stronger safeguards, while small and medium-sized enterprises (SMEs) turn to crowdlending for more flexible access to capital. According to the study, European… Read More

Yendo’s $50M Series B Attracts Mark Cuban, Others

Yendo, the company behind a vehicle-secured credit card, this week announced a $50 million Series B funding round. It includes investors Spice Expeditions, Autotech Ventures, FPV Ventures, Pelion Venture Partners, Mark Cuban, and Clocktower Technology Ventures. The funding will accelerate Yendo’s expansion beyond secured lending… Read More

ClearBank and PayCaptain to Enable Real-Time Payroll Payments and Embedded Savings Accounts

ClearBank, the enabler of real-time clearing and embedded banking, announces its partnership with payroll software platform PayCaptain, enabling real-time salary payments for employees across its network of over 300 corporate clients. PayCaptain will become ClearBank’s embedded banking partner in the corporate sector, marking a key… Read More

Fintech Startup Prospero Aims to Democratize Access to Financial Markets for Retail Investors

We recently caught up with George Kailas, CEO & Founder of Prospero, a Fintech startup with a mission to democratize access to financial markets for retail traders and investors. Prospero explains that it simplifies institutional trading behavior into more meaningful and “actionable” data-driven insights that… Read More

Walmart backed Fintech OnePay to Launch Bitcoin and Ethereum Trading

OnePay, a financial technology company that is owned by Walmart, is introducing Bitcoin and Ethereum trading services to its mobile app, according sources familiar with the matter and as cited by CNBC. The Fintech company is said to be working cooperatively with stablecoin and crypto… Read More

Thredd, Featurespace Debut One View Fraud Solution

Payment processor Thredd this week announced the introduction of One View, a fraud solution developed in collaboration with global fraud and financial crime detection firm Featurespace (a Visa solution). The solution enables card transactions and non-card payments to be intelligently monitored under one network-agnostic interface… Read More

Send this to a friend