Tagged: payments

Fintech Holding Firm APPS Acquires Cloud enabled Software Company Clique Payments

Atlantic-Pacific Processing Systems NV, Corp. (APPS), a Fintech holding company offering technology and financial services, has reportedly acquired Cloud-enabled software firm Clique Payments, Inc. The acquisition should allow APPS to further expand its enterprise resource planning and accounting payments integrations solutions to include QuickBooks, FreshBooks,… Read More

Remittance and Wallet App SendSpend Acquires E-Money Institution License from UK’s FCA

SendSpend, the remittance and wallet app, reveals that it has acquired the Electronic Money Institution (EMI) license from the UK’s Financial Conduct Authority (FCA). The company will now be able to issue digital money and offer cross-border remittance services from its UK head offices. SendSpend… Read More

UK Fintech Glint Pay, which Aims to Make Gold Alternative Global Currency, Secures £2.2M+ via Seedrs

Glint Pay Inc., a subsidiary of the UK-based Fintech company that makes gold an alternative global currency by enabling its clients to buy, sell, save and spend their physical gold instantly through the Glint Debit Mastercard and Glint App, has secured 111% of its equity crowdfunding… Read More

QR Codes in Latin American Digital Banking: 2021 and Beyond

With the growing knowledge and adoption of digital banking, many consumers are still learning about the capabilities of contactless payments due to new perceptions of value, security, and availability, creating an ongoing challenge for merchants. Consumers are seeking out simplicity and instantaneous opportunities more than… Read More

London based Open Payments Fintech Volt Secures $23.5M via Series A led by EQT Ventures

London-headquartered Volt, an open payments gateway provider, has secured $23.5 million in capital through a Series A round that was led by EQT Ventures. Augmentum Fintech, Fuel Ventures, and angel investors including Adyen co-founder Robert Kraal and FIS non-executive director Gabriel de Montessus took part… Read More

UK Payments Fintech Paysend, the Card-to-Card Pioneer, Introduces New Digital Money App

UK’s Paysend, the card-to-card pioneer and global payments platform, has introduced Paysend 4.0, which is described as a new digital money app designed to manage all payments requirements from a single location. As noted in the announcement, the latest version offers global transfers, a multicurrency… Read More

Mexico based Digital Payments and Commerce Fintech Clip Secures $250M from SoftBank Latin America Fund, Others

Mexico-based Clip, a digital payments and commerce Fintech, revealed on Tuesday (June 15, 2021) that it has acquired $250 million in capital via a round led by the SoftBank Latin America Fund and Viking Global Investors LP. Clip‘s latest investment round is the largest ever… Read More

Paris based Fintech Upflow, which Addresses Late Payments, Secures $15M from 9yards Capital, Others

Paris-based Upflow, a startup that assists B2B firms with getting paid, has secured $15 million in capital via a Series A round which included contributions from 9yards Capital, eFounders, and angels N26 co-founder Maximilian Tayenthal and Uber exec Pierre-Dimitri Gore-Coty. Companies or businesses usually try… Read More

New Zealand BNPL Fintech Laybuy Introduces All-Digital Buy Now Pay Later Card in the UK

New Zealand based Buy Now, Pay Later Fintech firm Laybuy is introducing its all-digital BNPL card in the United Kingdom, allowing clients to carry out in-store purchases with just a tap of their smartphones. Clients will be able to load the payment card into their… Read More

Digital Banking: WeLab Bank to Offer Apple Pay Option to Clients across Hong Kong

WeLab Bank, a homegrown digital bank that has been authorized by the Hong Kong Monetary Authority (HKMA), reveals that it’s offering its customers Apple Pay, which is described as a safe, secure and private way to make payments. It allows clients to not have to… Read More

EBA Clearing and Iberpay Introduce Interoperable Services to Handle Messages that Comply with SEPA Request to Pay Scheme

EBA Clearing and Iberpay revealed on Tuesday (June 15, 2021) that they have introduced two interoperable services to handle messages and offer functionalities that comply with the updated SEPA Request-to-Pay Scheme (SRTP) developed by the European Payments Council (EPC). The introduction of these infrastructure services… Read More

London’s DNA Payments Group Enters £100M Deal with Alchemy Partners

London-based DNA Payments Group, the fast-growing “vertically integrated” payments firm, has entered a £100 million deal with Alchemy Partners (Alchemy). With an operations based hub in Kent, DNA presently serves more than 45,000 merchants including established online and offline retailers to SMEs, offering them with … Read More

Global Payments Fintech Fiserv Appoints Wafaa Mamilli as Tech Risk Committee Board Member

Fiserv, Inc. (NASDAQ: FISV), a global provider of payments and financial services technology solutions, revealed on Friday (June 11, 2021) that it has decided to appoint Wafaa Mamilli to its Board of Directors. Wafaa will reportedly be serving on the Technology Risk Committee of the… Read More

Crown Agents Bank appoints Fintech Head, Chief Commercial Officer as Part of Expansion 

Crown Agents Bank, a UK-regulated provider of wholesale foreign exchange and cross-border payments services has appointed a new Head of Fintech and Chief Commercial Officer. According to a statement from the company, David Mountain has joined the bank as Executive Vice President (EVP) and Head of… Read More

B4B Payments, a Global Prepaid Payments Firm, to Leverage Digital Infrastructure from Banking Circle

B4B Payments, a multinational prepaid payments provider, has chosen Banking Circle to offer  payments infrastructure to support its corporate banking services. Offering prepaid solutions to businesses for over 15 years, Financial Conduct Authority (FCA) approved B4B Payments enables companies to effectively manage their finances, which… Read More

European Banking Authority Releases Report on Data Provided by PSPs on SCA Compliance Readiness

The European Banking Authority (EBA), a regulatory body of the European Union that’s headquartered in Paris, released a report, earlier this week, on the data offered by payment service providers (PSPs) on their readiness to apply strong customer authentication (SCA) for the set of payment… Read More

CBDCs: Swiss National Bank, Banque de France, BIS Innovation Hub, Accenture Launch New Digital Currency Pilot

The Swiss National Bank, the Banque de France and the BIS Innovation Hub and a private sector consortium being led by Accenture will be carrying out a pilot program by using wholesale central bank digital currencies (CBDCs) for settling cross-border transfers. The private sector consortium… Read More

Trust Payments, a Unified Payments Group, Adds Buy Now Pay Later Fintech Service Zip

Trust Payments, the multinational unified payments group, has teamed up with Zip, the first Buy Now, Pay Later (BNPL) service to join its diverse network of payment partners. The agreement means that merchants based in the UK that are using Trust Payments’ platform may provide… Read More

Digital Money Firm Merchantrade Asia Partners LintraMax to Offer Digitized Payroll to Malaysian Plantation Workers

Earlier this week, Merchantrade Asia, a digital money services business operator and e-money issuer, teamed up with palm plantation management services provider LintraMax in order to digitize the payroll system for underserved plantations workers in Malaysia. Through the partnership, Merchantrade Asia and LintraMax plan to… Read More

Luxembourg Fintech Finologee Develops Automated Payments Solutions for Enhancing Workflows

Luxembourg-based Fintech Finologee has reportedly created a hosted system that offers API end-points in order to automate payments and support secure web interfaces which improve workflows and data visualization while establishing a direct connection to the SWIFT network. The product’s development has been supported by… Read More

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