Tagged: payment processing

ChargeSentry Now Supports 100+ of Major Payment Processors Globally

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ChargeSentry Inc. recently announced support for more than 100 additional payment processors. Until now, ChargeSentry has only offered its automated chargeback response service “to Stripe and PayPal merchants, but due to [steady] demand, they quickly saw a need to extend support to a broader e-commerce… Read More

Domenic Carosa: Founder and Chairman at Banxa Reveals Plans to Become the Leading Crypto to Fiat Gateway

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We recently caught up with Domenic Carosa, Founder and Chairman at Banxa (TSX: BNXA), which powers one of the largest digital asset platforms by offering payments infrastructure and regulatory compliance across international markets. Banxa’s goal and vision is to develop the bridge that offers consumers… Read More

Omnichannel Payment Platform Qolo Closes $15M Series A

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Fintech omnichannel payments platform Qolo has closed a $15 million Series A round led by The Raptor Group. Additional professional investors and strategic partners also participated. The funds are earmarked for staffing, international expansion and product development.  “We experienced strong investor interest fueled by our… Read More

Fintech Paysafe to Use SaaS Platform from Smart Property Systems to Streamline Rent Payments for Property Managers

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Fintech firm Paysafe has teamed up with Smart Property Systems in North America. The SaaS platform from Smart Property Systems will be plugged into Paysafe’s integrated payments solution in order to “streamline” rent payments for property managers based in the US as well as Canada…. Read More

Fintech Unicorn Marqeta Might Conduct IPO as Early As Next Month: Report

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Fintech Unicorn Marqeta is reportedly planning to conduct an initial public offering (IPO) later this year, according to a report from BI. Oakland-based payments processor Marqeta is valued at around $4.3 billion. The company provides debit cards to firms such as DoorDash and Instacart. Marqeta… Read More

Citi Launches New Service For Institutional Clients to Speed Up Cross-Border Payment Processing Through the Digitalization of Supporting Documents

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  Citi announced on Monday the launch of a new service for its institutional clients that speeds up the processing of their cross-border payments through the digitization of supporting documents. Citi reported the service, which is being rolled out initially in South Africa, is claimed… Read More

Fintech Unicorn Divvy, a Payment and Expense Management Platform, Claims 9,000+ Clients Across Every US State

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Divvy, a modern payment and expense management platform for businesses, which notably secured $165 million through its Series D funding round, making it one of only 14 Fintechs this month to raise a mega-round ($100M+ or more) in January 2021, notes that during the last… Read More

Stripe Reportedly Will No Longer Process Payments for the President Trump’s Campaign Website Following Capitol Building Incident

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  Following the tragic event at the Capitol Building last Wednesday, U.S.-based fintech Stripe has reportedly stopped processing payments for President Donald Trump’s campaign website. According to WSJ, a source close to the situation stated that Stripe is cutting off the campaign account for violating… Read More

U.S. Family Tech Startup Pay Theory Launches New Payment Processing Platform For Schools

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  Pay Theory, a U.S.-based family tech startup, announced on Monday it has launched a new payment processing platform with the mission of making school fees and payments straightforward for all involved parties: families, educators, and administrators. Founded in 2018, Pay Theory describes itself as… Read More

BTCPay Server Expands its Ability to Bring Bitcoin’s Values to Digital Commerce with Shopify Integration

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BTCPay Server, a self-hosted, open-source digital currency payment processor that claims to be secure, private, “censorship-resistant” and free to use, recently expanded its ability to bring Bitcoin’s (BTC) values to global digital commerce with a Shopify integration The BTCPay Server team, which is one of… Read More

Texas-based Fintech AppBrilliance, which Offers Payments and Money Movement Software, Secures $3 Million in Seed Funding

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    Texas-based Fintech firm AppBrilliance, which offers an open payment platform, has acquired more than $3 million through a seed funding round that was joined by Studio VC. Headquartered in Austin, AppBrilliance aims to disrupt the $4 trillion payment processing sector by offering non-custodial… Read More

Integrated Payment Processing & Marketing Platform Fivestars Raises $52.5 Million Through Combined Series D Equity & Debt Financing

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Fivestars, a U.S.-based integrated payment processing and marketing platform, recently announced it raised $52.5 million in a combination of Series D equity and debt financing. Founded in 2011, Fivestars claims to be a leading payment and customer loyalty platform for small local businesses. The company… Read More

Klarna Secures $650 Million Through Latest Equity Funding Round; Brings Money Valuation to $10.65 Billion

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Payment processing platform Klarna announced on Tuesday it secured $650 million through its latest equity funding round, bringing its money valuation to $10.65 billion. The funding round is led by Silver Lake Founded in 2005, Klarna offers products and services to consumers and retailers within payments, social… Read More

Spotify, Netflix, Revolut Investor TCV Leads €90 Million Round for Mollie, a European Payment Processing Firm

Euro Money iPhone Digital Banking

Mollie, a European payment processing company, has secured €90 million in capital through a Series B investment round which was led by TCV, a prominent investor that has also participated in rounds conducted by Spotify, Revolut, Netflix, and Nubank, one of the largest digital banks… Read More

Open Banking Platform Nuapay Announces New Partnership With UK Payment Processing Startup Felloh!

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Open banking platform Nuapay announced on Wednesday it has formed a partnership with payment processing startup Felloh! to create a new solution that will enable consumers to donate to charities through an open banking process, with over 50% of beta testers finding it easier to… Read More

F1 Payment, Cross River, & RS2 Software Join Forces to Offer Payment Processing Services

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  F1 Payments, Cross River Bank, and RS2 Software announced on Tuesday they have joined forces to deliver payment processing services throughout North America. Through the collaboration, F1 Payments will utilize RS2’s global processing platform and Cross River’s sponsorship service to process payments for physical and virtual… Read More

Payment Processing Platform Klarna Launches Buy Now, Pay Later Shopper Loyalty Program

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  Payment processing platform Klarna announced on Tuesday the launch of its new Buy Now, Pay Later Shopper Loyalty Program, Vibe. According to Klarna, the no-fee program will be rolled out to the U.S. market in June before being extended to the platform’s other key markets… Read More

Payment Processor Checkout.com Announces Acquisition of Australian Startup Pin Payments

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Global payment solution provider Checkout.com announced on Thursday it has acquired Australian startup, Pin Payments. Checkout.com reported that the acquisition represents the next chapter of the company’s momentum across the Asia-Pacific (APAC) region as it continues to support both international and domestic merchants to grow… Read More

Sweden-based Banking Challenger Rocker Chooses Finnish Fintech Enfuce as Official Card Issuing and Payment Processing Partner

Rocker Bank Visa

Sweden-based banking challenger Rocker has reportedly chosen Enfuce, a Finland-headquartered Fintech firm, as its official card issuing and payment processing partner. The move should streamline processes involving the issuance of Visa prepaid cards. The news has come after Rocker (previously operating as Bynk) introduced a… Read More

Accuity Acquires UK-based Fintech Apply Financial, which Offers Payment Processing and Validation Services

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Accuity recently acquired London-headquartered Apply Financial, a Fintech firm that offers payment processing and payment validation solutions to individuals and companies. Although the amount paid for the acquisition and the other terms of the deal have not been shared publicly, Accuity’s management said that the… Read More

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