Ant Financial Services Group (Ant Financial), a China-based tech company and the operator of Alipay, is reportedly in talks to acquire UK payments firm, WorldFirst, for $700 million. According to Sky News, Ant Financial has been in talks to purchase WorldFirst for the past several months. … Read More
Finablr, a global platform for payments and foreign exchange solutions, announced on Monday it has increased its stake in Swych, a digital gifting platform, with a follow-on Series B investment to become a majority shareholder. Finablr reported that through its stake it will leverage its network’s leadership and… Read More
Mobile payments specialist CANCAN announced on Monday it has teamed up with international payments specialist WorldFirst to launch payments and marketing platform that enables Chinese payments methods Alipay and WeChat Pay across Europe. Founded in 2015, CANCAN enables payments and promotions globally through its omnichannel platform,… Read More
HackerOne, U.S.-based hacker-powered security platform, announced on Friday it now accepts bitcoin payments through global blockchain payments provider BitPay. According to the duo, BitPay enables HackerOne to receive international payments faster and more economically than traditional bank wires. HackerOne reported that its customers may skip costly, complicated cross-border wire… Read More
Flywire, a U.S.-based fintech firm that provides global payment and receivable solutions for education, healthcare, and commercial enterprises, announced on Thursday it secured $100 million through its Series D funding round, which was led by Temasek, an investment company headquartered in Singapore, and with participation from… Read More
Dash, the top digital currency for payments, announced on Wednesday it is teaming up with global payments provider AloGateway to facilitate B2B payments globally. According to Dash, through the new partnership, merchants around the world can now send, receive, and hold Dash and other major cryptocurrencies,… Read More
B2B payment platform PayStand announced on Tuesday it has expanded its digital platform in Canada in order to support domestic B2B commercial payments and continue the growth of its global payments infrastructure. The expansion into Canada comes less than one year after PayStand secured $6… Read More
VersaPay (TSXV: VPY), a provider of cloud-based invoice-to-cash solutions including electronic invoice presentment and payment, automated accounts receivable, cash application and collections management, announced on Friday it has entered into a Global Payments Facilitator partnership with First Data. According to VersaPay, First Data serves over 6 million customers… Read More
SWIFT, a global member-owned cooperative and a leading global provider of secure financial messaging services, announced that 21 banks have started the pilot for its global payments innovation initiative, intended to improve the customer experience in correspondent banking by increasing the speed, transparency and predictability of cross-border payments. The… Read More
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