Tagged: payments

Mobile Payments Provider Wirex Reports Profitability, Tops 3 Million Users

Wirex, a UK based payments platform, is reporting profitability while claiming over 3 million active users in more than 130 different countries. Wirex did not provide details on the profitability report as to whether it was for the full year of 2019, the most recent… Read More

California-based Payments Firm Stripe Partners with Keap, a CRM Platform, to Offer an Enhanced Customer Experience

California-headquartered Stripe, a leading payments solution provider, has teamed up with Keap, a customer relations management (CRM) platform, in order to provide a better payment experience for customers. Keap confirmed that it has created an integration with Stripe to assist clients with improving their cash… Read More

Open Banking: Salt Edge and Pannovate Collaborate on Instant PSD2 Compliance

Salt Edge, an open banking and authentication platform, and Pannovate, a payment and digital banking provider, have partnered to provide PSD2 compliant banking and payments programs in the UK and continental Europe. Pannovate is a payment technology company targeting Fintech, crypto, and Regtech. The company… Read More

UK Electric Money & Payments Startup Dzing Launches Banking App

Dzing, a UK-based electric money and payment institution, announced on Tuesday the launch of its mobile payments app. According to the fintech startup, the app allows international students, remote freelancers, oversea workers, and travelers to conduct financial services. Founded in 2018, Dzing describes itself as… Read More

U.S. Intelligent Payments Solution For Small Business Plastiq Secures $75 Million Through Series D Funding Round Led By B Capital Group

Plastiq, a U.S.-based intelligent payments solution for small business, announced on Thursday it secured $75 million during its Series D funding round, which was led by B Capital Group. The round, which saw participation from Kleiner Perkins, Khosla Ventures, Accomplice and Top Tier Capital Partners,… Read More

Contactless Payments: National Payment Corporation of India Requests Locals to Perform Digital Transactions to Reduce Physical Contact During Coronavirus Outbreak

The National Payment Corporation of India (NPCI), a local, non-profit umbrella organization for operating retail payments and settlement systems in the country, has requested the nation’s residents to make digital payments in order to reduce physical contact during the deadly coronavirus (COVID-19) outbreak. The NPCI,… Read More

U.S. Fintech HUMBL Partners With Digital India Payments To Enter India’s Market

HUMBL, a US fintech that delivers mobile payments and financial services, announced on Friday it has formed a new partnership with India’s payment service Digital India Payments Limited to help with its expansion into the country’s market. HUMBL describes itself as a mobile, financial services… Read More

WorldRemit Announces Another Partnership, This Time with Paykii

International money transfer company WorldRemit has partnered with Paykii to launch na international bill payments service using WorldRemit’s app. Recently, WorldRemit has announced several material partnerships including with Varo Money in the US, a digital bank, and Alipay – part of Ant Financial in China…. Read More

Stripe Closes All Offices Amid Coronavirus Outbreak; Continues to Pay Vendors to Hold Jobs For Hourly Employees Unable to Work

Payments platform Stripe announced on Thursday it has officially shut down all its offices and all employees, as well as on-site contractors, are working from home. Prior to this announcement, Stripe announced it closed its San Francisco office, but kept the offices in Amsterdam, Berlin,… Read More

TrueLayer Announces Expansion of Partnership With ANNA Money to Enable Instant Business Payments Through QR Codes

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, announced on Thursday it has expanded its partnership with ANNA Money to enable instant business payments through QR codes. The duo announced their partnership last spring, which… Read More

Healthcare Fintech SmartWealth PayCard Waives Annual Fee For New Applicants During the Coronavirus Crisis

U.S. healthcare fintech SmartHealth PayCard announced on Tuesday it is waiving its first year annual fee for new card applicants for the next three months in order to support Americans during the coronavirus crisis. SmartHealth PayCard reported that existing cardholders and new members are now… Read More

Transferwise Partners with Alipay on Money Transfers

Fintech TransferWise has announced that its 7 million+ customers can now send money instantly to Alipay users. Alipay is the payments platform provided by Ant Financial (Alibaba). Ant Financial is the highest valued Fintech in the world. “Our newest partnership with Alipay has been one… Read More

UnderPinned and Banked Launches Payments Platform for Freelancers

UnderPinned and Banked have announced the launch of a new payments system for contractors including free-lancers. UnderPinned is a freelance career platform that seeks to support freelancers with their career management. Of course, payment for work rendered is an important aspect of freelance work and… Read More

Global Payments Provider PaySafe Announces Expansion of Strategic Partnership With Mastercard

Paysafe Group, a global payments provider, announced on Thursday it has expanded its strategic partnership with Mastercard. Paysafe reported that the new agreement was designed to support its growth and card acceptance in the European Economic Area (EEA) with a particular focus on Paysafe’s card… Read More

Payments Provider Moneyint Partners with AFEX

MoneyNetint, an international payment solutions provider, has partnered with AFEX, a large foreign exchange specialists. According to a release distributed by Moneyint, the partnership will “enhance MoneyNetint’s capabilities and allow it to offer a wider range of services to its corporate clients.” MoneyNetint reports that… Read More

HPS, a Payments Technology Firm, Chosen by Saudi Arabia Monetary Authority to Provide QR-based Payment Solution

HPS, a payments technology and services company, has reportedly been chosen by the Saudi Arabia Monetary Authority (SAMA) to offer a QR-based payment platform. The HPS deal is part of the Middle Eastern country’s larger Fintech development initiative. HPS will be overseen by Saudi Payments,… Read More

Financial Giant Santander Group Is in the Final Stages of Introducing Cross-Border Payments Service, PagoFX

Banco Santander S.A. (Santander Group) (BME:SAN), the world’s 16th-largest banking institution and financial services company based in Madrid, is reportedly in the final stages of introducing its new Fintech spinout PagoFX, which will compete with leading cross-border money transfer service provider, TransferWise. Sifted reported that… Read More

ePassi Payments Oy Acquires ActiWay Growing User Base to Over One Million Active Users

ePassi Payments Oy, a mobile payment solution for employee benefits based in Finland, has acquired its Swedish counterpart ActiWay Ab, according to a release. ActiWay is said to be the market leader for wellness allowance systems in Sweden. ePassi claims to be one of the fastest… Read More

Sphere, an Integrated Payment Solution, Partners VisitPay to Introduce Mobile Payments Platform for Accepting Payments from Patients

End-to-end integrated payments solution, Sphere, which is powered by TrustCommerce, recently revealed that it has teamed up with VisitPay, a financial engagement platform developer for healthcare customers. Both firms said they will be introducing a mobile payments platform, Text to Pay, which gives healthcare service… Read More

Major Indian Payment Solution Provider SBI Cards Is Preparing to Conduct a $1.4 Billion IPO

An increasing number of Indian consumers are making digital payments at metros and also at stores in small towns. India-based SBI Cards, a major payment solution provider, is reportedly planning to raise approximately $1.4 billion via an initial public offering (IPO) which would be the… Read More

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