Tagged: payments

August 19, 2022 @ 4:14 pm By JD Alois  |  

Gravity Payments CEO has posted his resignation notice on Twitter. Dan Price, the founder of the company, said that Tammi Kroll, currently the company’s Chief Operating Officer, will be taking over to lead the firm. In the Tweet, Price said that his number one priority… Read More

August 19, 2022 @ 8:40 am By Omar Faridi  |  

Klarpay AG has completed another milestone “with the integration of Visa‘s B2B Connect product to its services.” This latest achievement “enables Klarpay’s business customers to perform cross-currency outbound payments from Klarpay accounts to 90+ countries and 70+ currencies via its Dashboard and APIs.” Swiss fintech… Read More

August 18, 2022 @ 9:17 pm By Omar Faridi  |  

Bank of New Zealand (BNZ) has introduced BNZ Pay, which is described as a mobile app for retailers that transforms an Android device into a contactless payment terminal. Created with assistance from Visa and Quest Payment Systems, BNZ Pay is being rolled out with no… Read More

August 18, 2022 @ 4:36 pm By JD Alois  |  

FOMO Pay, a regulated major payment institution based in Singapore, has raised a $13 million Series A round led by Jump Crypto. Other investors in the round include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic Capital. FOMO Pay provides a host of Fintech… Read More

August 18, 2022 @ 8:07 am By JD Alois  |  

Wirex, a payments and crypto service, has added SEPA (Single Euro Payments Area) Instant and Faster Payments for UK and EEA customers to transfer British Pounds and Euros between their Wirex and bank accounts. Wirex has partnered with digital payment infrastructure provider, Modulr, to introduce… Read More

August 17, 2022 @ 11:35 pm By Omar Faridi  |  

viafintech GmbH, part of the leading specialized payments platform, Paysafe (NYSE: PSFE), recently announced a partnership with Pecunpay “to launch a new cash deposit and withdrawal network in Spain.” Pecunpay, a brand from e-money institution Pecunia Cards EDE, “specializes in innovative e-payment and e-money processing… Read More

August 17, 2022 @ 10:39 pm By Omar Faridi  |  

Nebeus, the European cryptocurrency app, has announced a partnership with Modulr, the embedded payments platform, “to augment its offering with accounts, real-time payments and Visa cards.” This move makes Nebeus one of the first European companies “to leverage Modulr’s one-stop card issuing solution across the… Read More

August 17, 2022 @ 4:36 pm By Omar Faridi  |  

Zimpler, a Fintech company based in Sweden, has partnered with Fintech startup Gigapay in order to offer content creators with a seamless payout management system. Gigapay was reportedly the first to accommodate freelancers without a registered firm and now thanks to their collaboration with Zimpler,… Read More

August 17, 2022 @ 2:44 pm By Omar Faridi  |  

Scotiabank recently announced the launch of Scotia TranXactTM – a digital payments platform that “provides business banking clients with on-demand access to Scotiabank’s payments and cash management Application Programming Interfaces (APIs).” With Scotia TranXact business banking clients now “have access to real-time payments, request-to-pay and… Read More

August 17, 2022 @ 1:03 pm By JD Alois  |  

Super Payments Holdings Ltd has raised £22.5 million in an over-subscribed funding round led by Accel. Other investors include Union Square Ventures, LocalGlobe, and a number of angel investors, including Sir Ron Kalifa OBE, Edward Wray (co-founder of Betfair), Peter Jackson (CEO of Flutter), Gokul… Read More

August 17, 2022 @ 9:07 am By Omar Faridi  |  

The Tikkie app, launched in 2016 to make payments easier, recently added a new functionality. ‘Groepie’ is a smart feature that “allows multiple users to track and settle costs incurred as a group, greatly simplifying group payments made through Tikkie.” The new feature “is quick… Read More

August 17, 2022 @ 8:27 am By Omar Faridi  |  

Focused Labs, a digital transformation consultancy and software development firm,  announced it has joined the Stripe Partner Ecosystem “to help enterprises modernize their payment systems and deliver better customer experiences at check-out.” Focused Labs and Stripe, a financial infrastructure platform for businesses, will “help customers… Read More

August 15, 2022 @ 11:27 pm By Omar Faridi  |  

BNPL Fintech Affirm (NASDAQ: AFRM) CEO Max Levchin recently noted that the next recession could silence Fintech lender’s doubters or critics. With shares of the Buy Now, Pay Later (BNPL) Fintech down over 75% from November 2021, Max Levchin said the company’s innovative lending models… Read More

August 15, 2022 @ 11:13 pm By Omar Faridi  |  

Virtual payments have reportedly exceeded the use of cash for the very first time in Saudi Arabia in 2021, with these digital transactions accounting for around 94% of payments completed when measured in terms of value. This, according to a recent study carried out by… Read More

August 15, 2022 @ 2:12 pm By Omar Faridi  |  

Infinicept, a provider of embedded payments software, recently announced the launch of Infiniport, a single, open payment operations capability “enabling clients to interface with any processor or alternative payment rail they choose.” With Infiniport, payment facilitators, payments companies, and software platforms with embedded payments “can… Read More

August 15, 2022 @ 8:22 am By Omar Faridi  |  

John Mitchell, Co-founder and CEO, Episode Six, recently shared his views and insights with Crowdfund Insider. Episode Six is a payments technology company, which recently entered into a strategic relationship with US-headquartered Mode Eleven. Mode Eleven and its subsidiary, Summit National Bank, have selected Episode… Read More

August 14, 2022 @ 11:01 pm By Omar Faridi  |  

Commonwealth Bank’s venture-scaling division x15ventures is reportedly looking for founders who are focused on the future of payments for its “Xccelerate’ program.” The Xccelerate 2022 program assists early-stage initiatives with better understanding the pathway to working with the CBA and it ends in an Investment… Read More

August 14, 2022 @ 9:27 pm By Omar Faridi  |  

AstroPay, the payment solution of “choice” for users globally, has appointed Sofía Lanza as Chief Banking Officer, as the company “moves forward with its expansion plans into new markets and verticals.” Sofía, who previously served as Chief Corporate Development at AstroPay, will be “responsible for… Read More

August 14, 2022 @ 3:17 pm By Omar Faridi  |  

Astra, a provider of instant card-to-card funding as a service in the US, recently announced it is using Visa Direct – which is Visa’s real-time payments service – “to provide fast payments to millions of its end-users who can fund cards, wallets, and other accounts… Read More

August 13, 2022 @ 3:06 pm By Omar Faridi  |  

BT has announced Barclaycard Payments as the latest business “to join its new partnership network, aimed at helping the UK’s smallest firms to grow.” Barclaycard has signed up to BT’s partnership network, “following The Federation of Small Businesses (FSB), with the aim of delivering a… Read More