Tagged: payments

February 9, 2022 @ 10:31 pm By Omar Faridi  |  

DNA Payments, an independent vertically integrated payments provider, and Verifone, a global Fintech platform and payment solution provider to major retail brands, are pleased to announce a key partnership supporting innovation and reliability within the payments ecosystem. DNA Payments has teamed up with Verifone in… Read More

February 9, 2022 @ 10:09 am By JD Alois  |  

  Apple (NASDAQ:AAPL)  announced yesterday that soon it will accept merchant payments directly on an iPhone, turning the mobile phone into a payments terminal. The “Tap to Pay” service utilizes the iPhone’s NFC (near field communication) technology that has been incorporated into the devices for… Read More

February 8, 2022 @ 11:39 pm By Omar Faridi  |  

Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech, announced that it entered a definitive agreement to acquire Finxact, Inc., the developer of the Cloud-native banking solution that is “powering digital transformation throughout the financial services sector.” The transaction advances the… Read More

February 8, 2022 @ 11:32 am By JD Alois  |  

Modulr, a Fintech providing Payments as a Service API, has partnered with regional bank Hodge to power a real-time digital banking experience to its customers. This is the first time Modulr has partnered with a traditional bank in this method. Modulr’services enable businesses to automate… Read More

February 8, 2022 @ 8:22 am By Omar Faridi  |  

Chargebee, a subscription management and recurring billing platform, has acquired $250M in additional capital at a $3.5B valuation. Thrilled to announce that @Chargebee has raised $250M at a $3.5B valuation.🚀We are grateful to our investors, customers, partners & team who have supported our vision to… Read More

February 7, 2022 @ 10:38 am By JD Alois  |  

Wirex, a digital payments platform with over 4.5 million customers across 130 countries that incorporates crypto, has expanded its services into the United States, according to a company statement. Wirex states that after partnering with Zero Hash, Checkout.com, Visa, and Sutton Bank, it has begun… Read More

February 6, 2022 @ 1:09 pm By Omar Faridi  |  

DiPocket, a corporate disbursements and payment solutions provider, is enhancing customer access to Faster Payments via its partnership with technology-first payments bank, Banking Circle. Utilizing Banking Circle Virtual IBAN for both company and client fund accounts, DiPocket will offer its clients with access to Faster… Read More

February 6, 2022 @ 1:07 pm By Omar Faridi  |  

Earlier this week, payments platform Modulr announced a partnership with Ripple, which claims to be the leader in enterprise blockchain and crypto solutions, in order to enable payments into the UK and Europe. Trust Payments, the international unified payments group, is reportedly the first customer… Read More

February 5, 2022 @ 4:19 pm By Omar Faridi  |  

EBANX, a payments Fintech with an international presence, announced the appointment of Paula Bellizia as the Brazilian unicorn’s partner and president of Global Payments. She will be responsible for leading the Fintech company’s international teams of Sales, Marketing, Operations and Expansion, presently located across the… Read More

February 5, 2022 @ 12:32 pm By Omar Faridi  |  

Cross River Bank, a tech-driven financial services organization that offers core infrastructure and embedded financial solutions, recently announced that it will be powering PayTile, a Fintech firm that provides location-based payments via their app. PayTile is reportedly one of the first ever peer-to-peer (P2P) payment… Read More

February 5, 2022 @ 1:07 am By Omar Faridi  |  

London-headquartered Fintech Fiat Republic recently announced that it has acquired $3.5 million in seed funding from EU tech investors Speedinvest, Seedcamp, and Credo. The startup, which is building a compliance-first, e-money-regulated banking and payments API, is looking to “drastically reduce the time and cost of… Read More

February 3, 2022 @ 4:12 pm By Omar Faridi  |  

Consumers and businesses reportedly sent 1.8 billion payments via the Zelle Network during 2021, an increase of 49% from a year prior, Early Warning Services, LLC, the network operator behind Zelle, confirmed on February 2, 2022. Those payments “totaled $490 billion, up 59%.” Al Ko,… Read More

February 3, 2022 @ 12:11 pm By Omar Faridi  |  

Paysend, the card-to-card pioneer and global payments platform, has announced that the company is expanding its peer-to-peer money transfer services internationally. Via the implementation of Visa Direct, a real-time push payment platform, Paysend’s U.S. clients can send money to eligible Visa cards in 107 countries… Read More

February 3, 2022 @ 8:47 am By Omar Faridi  |  

Proprietary straight-through processing (STP) payments platform Billhop – which provides businesses process and capital efficiencies based on credit card infrastructure –  has acquired €10.5 million in capital, via a round led by EQT Ventures along with contributions from Element Ventures (currently awaiting SFSA approval). The… Read More

February 2, 2022 @ 6:04 pm By Omar Faridi  |  

Open Banking in Brazil marked its first anniversary on February 1, 2022 – and the South American nation is looking set to strengthen its position as a (maybe unlikely) open banking pioneer. The Brazilian reserve bank’s phased approach is considered to be a success, through… Read More

February 2, 2022 @ 8:43 am By Omar Faridi  |  

Global Fintech SumUp and PrestaShop – the digital commerce platform in Europe and Latin America – have announced a partnership that will aim to give thousands of merchants on the PrestaShop platform access to SumUp’s product suite of business tools (thanks to PrestaShop’s SumUp Payment… Read More

February 1, 2022 @ 5:31 pm By Omar Faridi  |  

Qlub, a company creating a fast payment solution for consumers in restaurants, has secured $17 million via a seed round. Qlub’s investment round has been co-led by Cherry Ventures and Point Nine along with contributions from other several VCs such as STV, Raed Ventures, Heartcore,… Read More

January 31, 2022 @ 10:37 pm By Omar Faridi  |  

Spendwisor Inc. has entered into an agreement with Gem Global Yield LLC SCS (GEM) in order to boost the existing facility size from QAR 190 million (appr. $50 million) to QAR 310 million (appr. $85 million). As mentioned in the update, this serves as a… Read More

January 30, 2022 @ 9:18 pm By Omar Faridi  |  

Wise clients across the globe will now have the option to conduct quick, seamless and cost-effective global fund transfers to Weixin users residing in China from 11 different currencies, including SGD, USD and GBP. Wise (LON:WISE), the international tech firm focused on creating the best… Read More

January 29, 2022 @ 4:59 pm By Omar Faridi  |  

The ICICB Group claims that it has an established track record of launching innovative businesses and propositions with consistency. The Group is known for reviewing the scope of possibilities, from initial strategy to technical development. As mentioned in an update shared by the ICICB Group,… Read More