Tagged: digital payments

April 30, 2021 @ 12:05 pm By Omar Faridi  |  

London-based SumUp, a global payments service provider, revealed on Tuesday (April 27, 2021) that it has appointed its new CTO, with Visual Meta Co-Founder and former CTO, Johannes Schaback, taking up the role as of May 1, 2021. As mentioned in a release shared with… Read More

April 29, 2021 @ 10:03 pm By Samantha Hurst  |  

  Trust Payments, a global digital payments company, announced on Thursday it has expanded into Ireland, with the plans to open an office in Dublin city center. Founded in 1997, Trust Payments group power the online payments of some of the world’s most well-established companies,… Read More

April 29, 2021 @ 1:47 pm By Samantha Hurst  |  

  Galileo, the API standard for card issuing and digital banking, and a subsidiary of Social Finance, Inc. (SoFi), announced on Thursday the launch of Fortú, a neobank serving the needs of the Latino community. According to Galileo,  Fortú is focused on building culturally contextual… Read More

April 28, 2021 @ 8:12 am By Samantha Hurst  |  

DBS announced on Wednesday it has partnered with JPMorgan and Temasek to launch a cross-border payments platform, known as Partior. According to the trio, Partior aims “to disrupt the traditional cross-border payments ‘hub and spoke’ model,” which has notably caused common “pain points” such as… Read More

April 27, 2021 @ 9:50 pm By Omar Faridi  |  

Branch, an Employer Payments Platform, and global card issuing platform Marqeta have shared the findings from a study on the work and payments “preferences” of gig workers. Surveying more than 1,000 workers who began engaging in gig and 1099 work during the past six months,… Read More

April 27, 2021 @ 3:30 pm By Samantha Hurst  |  

  UK-based payments platform GoCardless announced on Tuesday the launch of its open banking payments product, Instant Bank Pay. According to GoCardless, merchants who use Instant Bank Pay may take instant, one-off bank-to-bank payments from new and existing customers while still having the benefits of bank… Read More

April 26, 2021 @ 3:55 pm By Samantha Hurst  |  

  VitraCash, a UK-based digital credit card app, has successfully raised nearly £230,000 through its equity crowdfunding campaign on Crowdcube. The funding round, which recently made its debut on the Crowdcube platform, originally sought to raise £50,000 and has already attracted more than 680 Crowdcube investors. VitraCash… Read More

April 26, 2021 @ 7:59 am By Samantha Hurst  |  

  Digital payments platform Wirex announced on Monday it has teamed up with Snowdrop Solutions to introduce location-enriched transaction services. According to Wirex, the service enables cardholders to readily see exactly where their transactions take place and provide a “greater level of transparency” for those transactions…. Read More

April 24, 2021 @ 7:37 pm By Omar Faridi  |  

London-based Currencycloud, an established provider of B2B embedded cross-border solutions, recently revealed that it has launched an Asia Pacific (APAC) headquarters in Singapore. Currencycloud‘s new business office, based in Raffles Quay, will act as a hub to help the UK-headquartered Fintech with expanding operations across… Read More

April 23, 2021 @ 3:01 pm By Samantha Hurst  |  

WeWork, a U.S.-based flexible space provider, announced earlier this week is now accepting payment in select cryptocurrencies. The company is notably working with BitPay and Coinbase to utilize cryptocurrency for inbound and outbound transactions. Through BitPay, WeWork will accept Bitcoin (BTC), Ethereum (ETH), USD Coin (USDC), Paxos… Read More

April 23, 2021 @ 6:38 am By Samantha Hurst  |  

    Payment processing and global retail banking platform Klarna announced on Friday it has teamed up with Milkywire, a new digital platform for enabling impact through grassroots NGOs, as its strategic partner for its Give One initiative. Klarna reported that as part of the program, it will… Read More

April 21, 2021 @ 3:37 pm By Samantha Hurst  |  

  Plastiq, a U.S.-based intelligent payments solution for small businesses, announced on Wednesday it has teamed up with intelligent A/R automation solutions provider Billfire to enable supplies and distributors to offer more payment options to their customers. According to Plastiq, the integration will help improve… Read More

April 21, 2021 @ 9:17 am By Samantha Hurst  |  

    Russian banking group Tinkoff announced on Wednesday the launch of its buy now pay later service, Dolyame.ru. According to Tinkoff, Dolyame.ru allows customers to split purchases into four equal parts. Much like other buy now pay later services, customers just need to cover… Read More

April 21, 2021 @ 8:45 am By Samantha Hurst  |  

     BlueSnap, an Ireland-based all-in-one payment platform that helps B2B and B2C businesses around the world increase sales and reduce costs, announced on Wednesday it has formed a new partnership with Chargebee, a subscription billing and revenue management platform. Through this new collaboration, BlueSnap… Read More

April 20, 2021 @ 11:28 am By Samantha Hurst  |  

    Payment processing and global retail banking platform Klarna announced on Tuesday the launch of carbon footprint insights for all shopping purchases as part of its 1% pledge, involving the donation of $10 million to initiatives supporting planet health. According to Klarna, the feature will introduce an… Read More

April 19, 2021 @ 8:03 am By Samantha Hurst  |  

U.S.-based fintech Stripe announced on Monday it is launching Stripe Issuing in Europe. The feature will be available in 20 countries across the continent, including  Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, Spain,… Read More

April 17, 2021 @ 4:47 pm By Omar Faridi  |  

Earlier this week, Online Payment Platform, the Netherlands based payment services provider, chose Banking Circle to help it support global marketplaces As confirmed in a release, Online Payment Platform selected payments specialist and licensed bank, Banking Circle, to “enhance its marketplace offering.” As mentioned in… Read More

April 16, 2021 @ 10:15 pm By Samantha Hurst  |  

    Transcard, a U.S.-based digital payments platform, announced on Friday the launch of its business entity in the UK. Founded in 2012, Transcard describes itself as a SaaS funds disbursement and management platform that takes regulatory, time and cost burdens off payers while providing payees… Read More

April 16, 2021 @ 8:13 am By Samantha Hurst  |  

  Yoello, a Welsh digital payments platform, announced on Thursday it received an investment from banking group Hodge to accelerate the growth and development of its mobile payments/banking platform. Founded in 2015, Yoello describes itself as a payment platform aiming to disrupt the existing payment system by… Read More

April 16, 2021 @ 8:03 am By Samantha Hurst  |  

  Routable, a U.S.-based fintech startup,  announced on Thursday it raised $30 million through its Series B investment round, which was led by Sam Altman, CEO of Open AI and former president of Y Combinator, and Jack Altman, CEO of Lattice, with participation from Flexport as… Read More