Tagged: payments

August 4, 2022 @ 11:27 pm By Omar Faridi  |  

Bitso, the cryptocurrency platform in Latin America with over 5 million users, and Everest, the “first” licensed crypto custodian offering stablecoins, announced their partnership to provide Everest users “with the ability to receive cross-border transactions from the US, Europe, and Singapore into Mexico.” The Mexico-US… Read More

August 4, 2022 @ 10:17 pm By Omar Faridi  |  

Tabby, which is MENA’s payments and shopping app, has acquired $150 million in debt financing from Atalaya Capital Management and existing investor Partners for Growth (PFG). Based in New York, this facility “marks Atalaya Capital Management’s first deal in the MENA region.” In addition, San… Read More

August 4, 2022 @ 9:53 pm By Omar Faridi  |  

Caary Capital announced a joint effort with Ceridian, which claims to be global leader in human capital management (HCM) technology, “to extend its value to Ceridian’s Powerpay customers.” Powerpay, a Cloud-based payroll and HR solution, is “designed to meet the needs of Canada’s small business… Read More

August 4, 2022 @ 2:45 pm By Omar Faridi  |  

Paystand, the provider of blockchain-enabled accounts receivable and B2B payments, announced the acquisition of Yaydoo, a firm focused on accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM. The deal represents “one of the biggest technology unions in Mexico and LATAM and… Read More

August 3, 2022 @ 7:12 pm By Omar Faridi  |  

American Express (NYSE: AXP), the Small Business Card issuer in the U.S., has announced American Express Global Pay – a digital solution that enables U.S. businesses to securely “make domestic and international business-to-business (B2B) payments.” Through this new digital solution, business customers can “send payments… Read More

August 3, 2022 @ 12:39 pm By Omar Faridi  |  

Novo, the financial platform for small businesses, recently announced that the company has launched Express ACH, a service that will “allow all of Novo’s small business customers to process same-day ACH payments.” Novo CEO Michael Rangel said: “At Novo, we’re focused on giving small businesses… Read More

August 2, 2022 @ 9:29 am By JD Alois  |  

Open banking provider Yapily now offers Yapily Variable Recurring Payments (VRP), the ability for users to enable scheduled payments that are not consistent amounts. Yapily is joining other open banking firms in providing the service. VRP is a service that is mandated by the UK… Read More

August 1, 2022 @ 9:52 pm By Omar Faridi  |  

Nexi announced a collaboration with Microsoft (NASDAQ: MSFT) intended to innovate virtual payments services and assisting with the digitalization of SMEs, Corporates, Public Administrations and Financial Institutions across European markets via vertical value-added solutions in order to respond to specific requirements as easy to adopt… Read More

August 1, 2022 @ 8:27 pm By Omar Faridi  |  

Wise (LSE:WISE), the international tech firm focused on creating the best way to move funds across the globe, recently announced the appointment of Isabel Naidoo as Chief People Officer. Naidoo joins Wise, one of Glassdoor’s best places to work in the United Kingdom, with considerable… Read More

August 1, 2022 @ 7:59 pm By Omar Faridi  |  

Fortis, a payment and commerce technology provider for software providers, marketplaces and scaling businesses, recently announced its partnership with Everyware “opening integrated payment acceptance across platforms.” The partnership will “automate enrollment, provide faster cash collection and seamless commerce through various channels.” Fortis’ clients will benefit from… Read More

July 31, 2022 @ 7:21 pm By Omar Faridi  |  

Razer Merchant Services (RMS), the B2B arm of Razer Fintech, has partnered with Atome, which claims to be Asia’s leading Buy Now Pay Later (BNPL) brand, to “enable flexible deferred payment acceptance during checkout at online and offline RMS merchants.” Starbucks is among the first… Read More

July 31, 2022 @ 10:53 am By Omar Faridi  |  

As part of its strategy to power its next phase of growth, global crypto exchange CEX.IO has appointed Checkout.com as its preferred global payment processor, which uses Visa Direct, Visa’s real time money movement network, “to provide real-time off-ramps for its customers.” Since its launch… Read More

July 29, 2022 @ 8:05 am By Omar Faridi  |  

Paysend, the UK-headquartered Fintech with more than 7 million customers, announced a partnership with Damane Cash, a payments institution and subsidiary of Bank of Africa, to “enable money transfers to Morocco.” With features like low fixed fees, upfront exchange rates, faster transfer speeds and the… Read More

July 28, 2022 @ 10:47 pm By Omar Faridi  |  

TrueLayer, which claims to be Europe’s leading open banking platform, announced the availability of TrueLayer Payments for WooCommerce plugin, “enabling ecommerce SMBs to seamlessly add instant, secure account-to-account payments to their website.” Luxury watch retailer BQ Watches is one of “the first businesses to implement… Read More

July 28, 2022 @ 9:43 pm By Omar Faridi  |  

Jack Henry & Associates, Inc. (NASDAQ: JKHY) announced that Victor Technologies, Inc. is “working with the company to advance its instant payments strategy.” A subsidiary of MVB Edge Ventures, Inc., and part of the MVB Bank, Inc. family, Victor helps banks “manage fintech partnerships and… Read More

July 27, 2022 @ 10:07 pm By Omar Faridi  |  

Balance, which claims to be the leader in B2B marketplace and eCommerce payments, announced a $56 million Series B fundraise, “bringing the company’s total funding to $87M.” The round was “led by Forerunner Ventures with support from Salesforce Ventures.” Hubspot Ventures, Lyra Ventures, and Gramercy… Read More

July 27, 2022 @ 8:24 am By Omar Faridi  |  

Virgin Money has announced it is set “to enter the buy now, pay later market later this year, with its market-leading product, Virgin Money Slyce.” This will allow customers “to enjoy the benefits of a traditional buy now, pay later product in a simple, safe… Read More

July 26, 2022 @ 4:51 pm By JD Alois  |  

Routable has added a new cross-border payments solution that is said to allow payments across most all countries in the world. Routable pitches its platform as the simplest way to enable business-to-business payments. Its service is utilized by companies like Ticketmaster and Remax. Omri Mor,… Read More

July 26, 2022 @ 1:17 pm By Omar Faridi  |  

Ripple, which claims to be the leader in enterprise blockchain and crypto solutions,  announced a partnership with Singapore-based major payments institution FOMO Pay, which will “utilize Ripple’s crypto-enabled enterprise technology to improve its cross-border treasury flows.” On-Demand Liquidity (ODL) leverages XRP, the digital asset “built… Read More

July 26, 2022 @ 12:13 pm By JD Alois  |  

GoCardless now offers Variable Recurring Payments (VRP). GoCardless states that its service will enable developers etc. to incorporate VRPs as the deadline for VRPs nears. GoCardless is a direct bank payment solution that facilitates both both recurring and one-off payments directly from customers’ bank accounts… Read More