Tagged: payments-as-a-service

Embedded Payments Fintech Rainforest Acquires $11.75M via Seed Round

Rainforest, a Payments-as-a-Service (PaaS) platform, announced the closing of an $11.75 million seed funding round led by Accel, with participation from Infinity Ventures, BoxGroup, The Fintech Fund, Tech Square Ventures, Ardent Venture Partners and a number of strategic angels. The investment round includes “a $3.25… Read More

Answer Pay Makes New Appointments to Support Request to Pay Growth Opportunity

Payments as a service provider, Answer Pay, has reportedly made key appointments to bolster its plans “to support the growth of Request to Pay across Europe.” Following on from the recent award of grant funding from the UK government’s Department for International Trade and its… Read More

UK Fintech Modulr Explains How Payments-as-a-Service is Helping the Travel Industry to Enhance CX

Software is “changing the world,” according to an update from UK Fintech Modulr. Modulr writes in a blog post that thanks to Cloud computing and the rise of SaaS (Software as a Service), businesses are now “powered by virtual services rather than having to invest… Read More

Real Time Payment Capability at Mid-Tier Banks Primed For Growth: Survey

Volante Technologies, a provider cloud payments and financial messaging, has revealed findings from its payments modernization survey aimed at mid-tier banks and credit unions in the U.S. with assets between $2.5 billion and $25 billion. The results show real-time payments connections are expected to triple… Read More

Accenture Ventures Invests in Imburse, a Cloud enabled Payments as a Service Platform for Simplifying Global Digital Transactions

Accenture (NYSE: ACN) has reportedly made an investment, via Accenture Ventures, into Imburse, a Cloud-powered, payments-as-a-service enterprise platform that aims to simplify the way businesses gain access to the international payments ecosystem. Established in Zurich, Switzerland in 2018, Imburse works cooperatively with various insurers, banking… Read More

Broadridge Joins Forces With PPI AG to Launch Payments-As-A-Service in Europe

U.S.-based fintech Broadridge Financial Solutions announced on Monday it has formed a partnership with Germany-based payments consultancy and supplier PPI AG to launch a joint payments initiative for banks and financial institutions in Europe. Broadridge claimed that the new solution has already secured its first… Read More

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