September 19, 2019 @ 9:49 pm By Samantha Hurst  |  

Payments platform Stripe announced on Thursday it secured $250 million through latest funding round at a new pre-money valuation of $35 billion. Investors involved in the funding round included General Catalyst, Sequoia, and Andreessen Horowitz. The latest round of funding comes just days after Stripe… Read More

September 18, 2019 @ 4:31 pm By Samantha Hurst  |  

Payment process platform Square announced earlier this week its new free tool available to small business owners all over the U.S., the EIN Assistant from Square Payroll.  According to Square, the EIN Assistant simplifies and streamlines the process of filling out the dense, legalese-filled forms required… Read More

August 26, 2019 @ 11:05 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it has formed a partnership with European airliner SunExpress to process credit card payments in local travel agencies. Wirecard reported that within the terms of the agreement, SunExpress uses the International Air Transport… Read More

July 31, 2019 @ 11:32 am By Samantha Hurst  |  

FIS (NYSE: FIS), a financial services technology firm, announced on Wednesday it has completed the acquisition of WorldPay, a global payment technology provider. FIS notably acquired WorldPay for $35 million. As previously reported, WorldPay claims to be a “global leader” in payments processing technology and… Read More

July 19, 2019 @ 8:21 am By Samantha Hurst  |  

Germany-based fintech Wirecard announced on Friday it has signed a Memorandum of Understanding (MoU) with ALDI Nord and ALDI SÜD Groups for cashless payment processing. “Within the scope of the partnership, Wirecard will process all credit card and international debit card payments at all ALDI… Read More

July 18, 2019 @ 9:15 am By Samantha Hurst  |  

Payment processing platform Klarna announced on Thursday it has formed a new partnership with British contemporary fashion brand Superdry. Through the partnership, Superdry customers are now able to Pay later or Pay in 3 in the UK, and later this month will be able to Pay in 4 in… Read More

July 17, 2019 @ 10:56 am By Samantha Hurst  |  

ACI Worldwide (NASDAQ: ACIW), a global provider of real-time, any-to-any electronic payment solutions for banks, intermediaries, merchants, and corporates, announced on Wednesday it has formed an international relationship with Worldpay, Inc., a global provider in payments processing technology and solutions. According to ACI, the new collaboration… Read More

June 12, 2019 @ 10:33 am By Samantha Hurst  |  

MoneyNetint a Ripple partner and borderless commerce company, announced on Wednesday it has formed a partnership with global payments company that is delivering acquiring solutions built by merchants for merchants, PXP Financial, to provide cross-border payment processing in the U.S. and EU. MoneyNetint currently offers… Read More

May 21, 2019 @ 8:34 am By Samantha Hurst  |  

Germany-based global provider of digital payments and commerce solutions Wirecard announced on Monday it will now be providing service for BluTV, a Turkey-based streaming subscription service with over four million subscribers, in its global expansion. According to Wirecard, BluTV is a Turkish digital streaming platform and… Read More

March 28, 2019 @ 7:52 am By Samantha Hurst  |  

Global payments provider Klarna announced on Thursday the launch of its new open banking platform. According to Klarna, the platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in line with Payment Services Directive (PSD2). Klarna… Read More

March 22, 2019 @ 8:27 pm By Samantha Hurst  |  

Borgun, a European payment processor and merchant acquirer, announced earlier this week it has signed an agreement with the fintech and insurtech company novae to support its digital transformation. Borgun reported that it and novae are aiming to co-create solutions in a digital capability framework… Read More

March 20, 2019 @ 1:33 pm By Samantha Hurst  |  

Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday its significant growth and an expanded portfolio of payments and cash management solutions that increase business opportunities for its clients. Galileo reported its client base grew 34 percent and the company’s number of employees increased… Read More

March 19, 2019 @ 3:55 pm By Samantha Hurst  |  

Just a little over a month after securing $40 million through its Series B funding round, which was led by General Catalyst and Stripe, UK-based fintech Rapyd announced on Tuesday the launch of its hyper-local payments solution that allows merchants to accept local payment types… Read More

March 18, 2019 @ 8:13 am By Samantha Hurst  |  

Global payment technology provider Worldpay, Inc. (NYSE: WP; LSE: WPY) announced on Monday it has been acquired by FIS (NYSE: FIS), a financial services technology firm. FIS reportedly purchased the payment processor for $35 billion. Founded in 1993, WorldPay claims to be a “global leader” in payments… Read More

November 7, 2018 @ 9:52 am By Samantha Hurst  |  

U.S.-based fintech Payscape announced on Tuesday it has teamed up with CardFlight, a mobile POS and SaaS payment technology company, to offer CardFlight’s leading payment acceptance solution, SwipeSimple, to merchants across the U.S. Payscape reported that with SwipeSimple it will be able to offer merchants a broad range of… Read More

October 30, 2018 @ 10:09 am By Samantha Hurst  |  

Less than a week after announcing it is now offering several new alternative payment options in the UK, online payment processing provider Allied Wallet announced more payment options for Ireland. The company added Paysafecard, Boleto Bancário, SEPA Credit Transfer, and SEPA Direct Debit to its NextGen Payment… Read More

October 22, 2018 @ 4:47 pm By Samantha Hurst  |  

Klarna announced on Monday it has signed Rancourt & Co., premium leather shoe crafters, as its first U.S. merchant. This news comes less than two weeks after H&M reportedly invested $20 million into the Swedish fintech. As previously reported, Klarna was founded in 2005 and offers… Read More

October 16, 2018 @ 12:52 pm By Samantha Hurst  |  

Australian global payments provider Verrency announced on Tuesday that it has been selected for Plug and Play’s accelerator programs in the Silicon Valley, Singapore and now in Frankfurt, Germany as the company extends its global reach in the fintech market. According to Verrency, thousands of start-up companies apply to Plug… Read More

June 25, 2018 @ 10:12 am By Samantha Hurst  |  

Mobilum, a Gibraltar-based payment processing platform that enables real-time cryptocurrency payments at the point of sale, announced on Monday it has formed a new partnership with peer-to-peer crowdfunding platform, EthicHub. According to Mobilum, the collaboration will allow both Mobilum and EthicHub users to benefit from a… Read More

March 26, 2018 @ 12:09 pm By Samantha Hurst  |  

Candex, a California-based enterprise payments processor, announced last week it secured $3.5 million in seed funding from  Edenred Capital Partners, Partech Ventures, Advisors.Fund, Camp One Ventures, NFX, Tekton Ventures, Big Sur Ventures, and Mark Goines. As part of the round, Goines has joined Candex as… Read More