Tagged: payment processing

November 15, 2022 @ 3:49 pm By Omar Faridi  |  

The Association of Military Banks of America (AMBA), the nation’s “only” military bank trade association, in partnership with MOCA Financial, a key player in advanced digital accounts and payment processing, launched The Patriot Card, a debit card designed to provide our Veterans “a safe, flexible,… Read More

October 16, 2022 @ 7:17 pm By Omar Faridi  |  

ZEBEDEE, a Fintech and next-generation payment processor for the gaming industry, announced a new initiative that “contributes open source code and products to the Bitcoin Lightning space.” The new not-for-profit and completely open source initiative “has already resulted in several products and code repositories that… Read More

October 6, 2022 @ 5:54 pm By Omar Faridi  |  

CWallet, a Qatar-based payment processing fintech startup, has teamed up with M2P Fintech, which claims to be one of Asia’s largest API infrastructure companies, in order “to enable prepaid and multi-currency cards in Qatar.” This partnership is “aimed at promoting financial technology intelligence, financial inclusion,… Read More

August 15, 2022 @ 9:53 am By Omar Faridi  |  

Avivatech, LLC, a software business specializing in cash and check software automation solutions in branch banking and retail payment environments, has introduced its check product suite of solutions, “comprising of Avivatech’s Vault and QDS Capture solutions.” These solutions work to “provide financial institutions a fully… Read More

August 3, 2022 @ 8:42 am By Omar Faridi  |  

Agile Financial Systems (AFS), a financial technology company specializing in payment processing, announced that it has teamed up with LendingPoint, an AI-driven CreditTech financial platform, “to offer merchants consumer lending and unsecured personal loans online and at the point of sale.” By enabling merchants to… Read More

June 12, 2022 @ 9:16 pm By Omar Faridi  |  

Paysafe (NYSE: PSFE), a specialized payments platform, has teamed up with APEXX Global, the international payments orchestration platform, in order to offer Paysafe’s payment processing services to APEXX Global’s merchant base. Via this collaboration, APEXX Global will “support its merchants to scale globally by increasing… Read More

April 19, 2022 @ 5:39 pm By Omar Faridi  |  

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

October 14, 2021 @ 8:00 pm By Omar Faridi  |  

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

August 25, 2021 @ 5:49 pm By Tony Zerucha  |  

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

July 21, 2021 @ 12:37 am By Omar Faridi  |  

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

May 2, 2021 @ 1:09 pm By Omar Faridi  |  

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

March 8, 2021 @ 3:32 pm By Samantha Hurst  |  

  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

January 30, 2021 @ 3:02 pm By Omar Faridi  |  

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

January 11, 2021 @ 8:51 am By Samantha Hurst  |  

  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

December 7, 2020 @ 11:31 am By Samantha Hurst  |  

  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

November 27, 2020 @ 1:26 pm By Omar Faridi  |  

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

November 12, 2020 @ 8:39 pm By Omar Faridi  |  

    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

October 19, 2020 @ 2:33 pm By Samantha Hurst  |  

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

September 15, 2020 @ 7:54 am By Samantha Hurst  |  

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

September 8, 2020 @ 10:22 pm By Omar Faridi  |  

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