Tagged: payment

Global Payments Tech Provider Nuvei Secures $270 Million Through Equity Financing; Brings Valuation to $2 Billion

Nuvei, a global payment technology provider based in Canada, announced on Wednesday it secured $270 million in common equity financing, valuing the company at $2 billion. Nuvei reported that the investment comes primarily from its existing shareholders, which includes Canadian private equity firm Novacap, supported… Read More

Remitly Forms New Partnership With Visa to Enhance Cross-Border Money Transfer Service

U.S.-based independent mobile remittance company Remitly announced on Thursday it has teamed up with Visa to enhance its cross-border money transfer service.  Working together, Remitly and Visa are planning to provide the ability to send funds from the U.S. to eligible Visa debit cards across borders,… Read More

Dutch Fintech Bitsafe Announces Launch of Borderless Basic Payment Account

Bitsafe, a Holland-based fintech, announced earlier this week the launch of its borderless Basic Payment Account. According to the startup, this new account works just like a local bank account and allows account holders can make deposits, make payments and withdraw funds. Every Bitsafe account comes… Read More

Fundbox Launches New Payment & Credit Solution For Small Businesses Serving Other Businesses “Fundbox Pay”

Fundbox, a cash flow optimization tool platform for small businesses, announced last week it has launched a new payment and credit solution for small businesses serving other businesses called Fundbox Pay. The platform reported that it purposefully designed Fundbox Pay to help make business transactions… Read More

Barclays Teams Up With Several Watch Brands to Launch Contactless Timepieces

UK banking giant Barclays has teamed up with seven watchmakers to bring its bPay wearable payment technology to timepieces. The companies that Barclays is now working with on the project are Guess Watches, Mondaine, Timex, Kronaby, Suunto, Adex, and LBS. According to Finextra, Timex is… Read More

Bank Indonesia Straddles Regulation and Innovation with New Fintech Office

Bank Indonesia (BI) in Jakarta announced last week the opening of its Fintech office, which will aim to evaluate existing and conduct research on new fintech models, products, and services.  The office not only allows the central bank to maintain its risk management and consumer protection… Read More

Payment Solutions Provider Paygevity Secures $250,000 in First Week on Crowdfunder

Paygevity, Inc., a payment processing and vendor services company, announcex the launch of a Convertible Note crowdfunding campaign on Crowdfunder. Paygevity will use the funds to scale their proprietary PromptPay platform, market their technology and build out their sales team. Its campaign has only been live… Read More

Crowdfund Success Tipalti Set to Enhance European Payment Capabilities

Tipalti, provider of the leading global payments management automation platform, has debuted new functionality in its platform for European VAT and tax number support and identification document management. Tipalti customers can now request VAT ID numbers from their payees during the setup process, and can control the… Read More

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