Tagged: payments

March 30, 2022 @ 10:19 am By Omar Faridi  |  

Payfare Inc. (TSX: PAY), a Fintech powering instant payout and digital banking solutions for the gig workforce, recently announced the expansion of its collaboration with Visa (NYSE: V) in the US. After obtaining its Visa Ready for Fintech Enablers certification and expanding its platform with… Read More

March 30, 2022 @ 8:03 am By Omar Faridi  |  

Zimpler, a Swedish Fintech within the payments space, has secured new equity funding from Nordstjernan Growth, an arm of an established Swedish investment house “focused on long-term quality growth.” FT Partners advises leading Swedish account-to-account payment provider Zimpler (@zimplers) on its new equity funding round… Read More

March 29, 2022 @ 10:37 pm By Omar Faridi  |  

Mashreq Bank, a leading financial institution based in the United Arab Emirates, has completed the transition of its payments division into a wholly owned subsidiary, IDFAA Payment Services LLC, with a brand name NEOPAY, supported by Mashreq. NEOPAY, powered by Mashreq Bank, will reportedly leverage… Read More

March 29, 2022 @ 3:17 pm By Omar Faridi  |  

AirTree Ventures and Decade Partners have provided $25 million in capital to Zepto in order to support the next wave of innovation “transforming the payments landscape, accelerate company headcount growth and drive Zepto’s international expansion.” The team at Zepto noted that they are “humbled and… Read More

March 29, 2022 @ 10:48 am By JD Alois  |  

Banked Ltd., a Fintech offering a payment method enabling users to pay directly from an existing mobile bank app, has been integrated into the leading investment crowdfunding platform Seedrs, according to a note from the company. Seedrs is now using Banked’s “Pay by Bank” technology…. Read More

March 28, 2022 @ 11:29 pm By Omar Faridi  |  

Saudi Arabia is one of the most vibrant and dynamic nations. And as part of its Vision 2030 plan, the country’s government has “set ambitious goals to digitize and transform its economy.” At Checkout.com, they have the privilege of “being an active participant in accelerating… Read More

March 27, 2022 @ 11:02 pm By Omar Faridi  |  

Swiss financial services provider, Igson Capital AG, is enhancing its IBAN offer for firms by working in partnership with technology-first payments bank, Banking Circle. Utilizing Banking Circle Virtual IBAN, Igson Capital AG will also aim to “benefit from Faster Payments and SEPA instant transfers and… Read More

March 27, 2022 @ 6:12 pm By Omar Faridi  |  

The team at Airwallex notes that as the global online sales continue to grow, “so do customer expectations.” Digital wallets such as Apple Pay are “becoming more popular, more secure — and without all the friction, more necessary for eCommerce success.” As noted in the… Read More

March 26, 2022 @ 12:01 pm By Omar Faridi  |  

Carta Worldwide, a virtual payments technology, and card issuer processing enabler, recently entered a partnership with digital payments specialist Acquired in order to mutually support their networks with “value-added” payment processing and acquiring services. Acquired’s data-driven payment solutions have been custom built so they can… Read More

March 24, 2022 @ 5:28 pm By Omar Faridi  |  

U.S. Bank and Driveway have collaborated to pay car sellers “immediately” with real-time payments, making Driveway one of the first online car dealerships “to pay customers over the RTP network.” Clients selling a car on Driveway.com may now have the payment deposited “instantly” into their… Read More

March 24, 2022 @ 3:57 pm By Omar Faridi  |  

Visa (NYSE: V) has announced a new offering with DoorDash, a “last-mile” logistics platform, in order to help enable faster payouts “to eligible Dashers across Canada.” The latest feature, called DoorDash Fast Pay, is “facilitated by Stripe’s Instant Payouts product, made available through Stripe’s financial… Read More

March 23, 2022 @ 2:43 pm By Omar Faridi  |  

When one of the most prominent firms, Andreessen Horowitz, proclaimed in January 2020 that “every company will be a fintech company”, it “spurred a big debate,” according to the team at UK’s MarketFinance. How much should software platforms “build their own solutions, versus embedding third… Read More

March 23, 2022 @ 1:18 am By Omar Faridi  |  

The Nordic-based payment service provider Avarda has reportedly chosen European open banking provider Aiia, a Mastercard company, in order to support open banking payments via its white-label payment solutions for an extensive range of retailers and merchants. Supported by the Mastercard global Open Banking platform,… Read More

March 22, 2022 @ 11:28 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services technology solutions, and MX, a financial data platform provider and a key player in modern connectivity, are accelerating the future of open finance “through secure, reliable consumer financial data sharing.” MX is reportedly… Read More

March 21, 2022 @ 7:32 pm By Omar Faridi  |  

Branch, a workforce payments platform, had announced a Series C round totaling $75 million. As covered, the investment round, led by Addition, includes contributions from global growth equity investor General Atlantic along with existing investors Drive Capital, Crosscut Ventures, and Indeed, among others. Branch aims… Read More

March 21, 2022 @ 11:24 am By JD Alois  |  

Recharge.com, a Netherlands-based payments Fintech, has announced the launch of its services in Australia. Recharge.com specializes in digital gift and prepaid cards for brands including Netflix, Spotify and Xbox. The company’s service is said to be rolling out amidst regulatory changes in the buy-now-pay-later (BNPL)… Read More

March 20, 2022 @ 8:55 pm By Omar Faridi  |  

Payrails, an operating system for payments and financial services, recently announced that it has secured $6.4 million in seed funding in order to launch its next-gen financial operations (FinOps) platform. The firm’s investment round was reportedly led by Andreessen Horowitz with HV Capital, Delivery Hero… Read More

March 18, 2022 @ 4:09 pm By Omar Faridi  |  

Stripe, a tech firm building financial infrastructure for the Internet, confirmed that Blockchain.com has “chosen Stripe to facilitate payments, mitigate fraud risk, and improve revenue management.” Established in 2011, Blockchain.com was one of the early infrastructure “pioneers” of the Bitcoin community. As of January 2022,… Read More

March 17, 2022 @ 11:11 pm By Omar Faridi  |  

Prakash Hariramani, Senior Director, Product Management, and Bipul Sinha, Senior Product Manager at Coinbase (NASDAQ:COIN) noted that the firm is introducing Coinbase Pay, which is described as “the easiest way for Coinbase users to fund their Coinbase Wallet from the Chrome browser extension and explore… Read More

March 17, 2022 @ 9:20 am By Omar Faridi  |  

At Razorpay, they claim to have been driven by one fundamental question: “How can we improve the payments experience for our partner businesses and their end-consumers?” Razorpay writes in a blog post that they “constantly work to find solutions within.” At times, the Indian Fintech… Read More