Tagged: payments

December 19, 2021 @ 9:55 pm By Omar Faridi  |  

Bottomline Technologies (Nasdaq: EPAY), a provider of financial technology that makes complex business payments simple, smart and secure, announced that it has entered into a “definitive agreement” to be acquired by Thoma Bravo, a software investment company, “in an all-cash transaction that values Bottomline at… Read More

December 19, 2021 @ 2:44 pm By Omar Faridi  |  

Verifi, a Visa solution, is reportedly making strides to ease merchant pain points while driving operational efficiency with the international expansion of their “first to market” Rapid Dispute Resolution (RDR) solution. As an innovative market participant specializing in merchant dispute prevention and resolution, Verifi first… Read More

December 19, 2021 @ 1:51 pm By Omar Faridi  |  

Mastercard (NYSE: MA) welcomes its new wave of startups to its Start Path startup engagement program. Start Path alums have shared their industry insights into the top trends of this year and what they’ve learned from a challenging year. The international economy continued its recovery… Read More

December 19, 2021 @ 11:43 am By Omar Faridi  |  

Starting from December 17, 2021, Amazon clients in the United Kingdom will have access to a new, flexible payment method – Instalments by Barclays, helping them to “finance purchases of £100 or more on amazon.co.uk.” As mentioned in the announcement, the reusable credit account may… Read More

December 17, 2021 @ 7:14 pm By Omar Faridi  |  

Aliaswire, a provider of digital payment and credit solutions for businesses and financial institutions, and Nacha have revealed that Aliaswire will be joining the Phixius Peer-to-Peer Network for the exchange of payment-related data. Established and operated by Nacha, the Phixius Peer-to-Peer Network enables participants to… Read More

December 17, 2021 @ 5:53 pm By Omar Faridi  |  

Synchrony, a consumer financial services firm, has announced a strategic investment in Skipify – a digital payments firm that allows merchants to provide an instant, one-tap checkout solution. In addition to the investment made via Synchrony Ventures, Synchrony will team up with Skipify on “commercializing… Read More

December 17, 2021 @ 3:23 pm By Omar Faridi  |  

ACI Worldwide (NASDAQ: ACIW), an international provider of real-time digital payment software, has announced a partnership with KyckGlobal, a virtual payments company, in order to improve digital disbursements for biller organizations across the US, offering a wide array of options including global and cash payments…. Read More

December 16, 2021 @ 3:53 pm By Omar Faridi  |  

EBANX, the payments platform in Latin America, announced on December 15, 2021 that it has acquired Remessa Online, a Brazilian Fintech firm that specializes in international remittance services, “in a deal valued at $229 million.” With the addition of Remessa Online’s expertise and tech, EBANX… Read More

December 16, 2021 @ 10:41 am By Omar Faridi  |  

Papaya, a mobile bill payment app that simplifies bill payments for consumers, announced that it has secured $50 million via a Series B round. Papaya’s investment round has been led by Bessemer Venture Partners along with contributions from Sequoia Capital, Acrew Capital, 01 Advisors, Mucker… Read More

December 15, 2021 @ 10:12 pm By Omar Faridi  |  

Mercado Libre, a tech company and one of the largest digital commerce firms in Latin America, confirms the acquisition of Redelcom, a Chilean firm that has been operating since 2010 as a payment services provider and in October 2019 started providing point-of-sale (POS) terminals with… Read More

December 15, 2021 @ 10:52 am By Omar Faridi  |  

topi has acquired $4.5 million in capital via a pre-seed round that has been co-led by Index Ventures and Creandum. Established by Estelle Merle and Charlotte Pallua, the firm is focused on becoming an international enabler of fast and “frictionless” payments for B2B trade. Angel… Read More

December 15, 2021 @ 6:58 am By Omar Faridi  |  

Mesh Payments, a corporate payment and spend management platform, announced that it has secured $50 million via a Series B round that was led by Tiger Global. Other participants in Mesh Payments’ investment round include Entrée Capital, Falcon Edge Capital and existing investors TLV Partners… Read More

December 14, 2021 @ 9:49 pm By Omar Faridi  |  

The Arab Monetary Fund (AMF) and Mastercard (NYSE: MA) have announced the signing of a Memorandum of Understanding (MoU). Per the terms of this MoU, Mastercard and Buna (the cross-border and multi-currency payment system owned by the AMF), will “seek strategic interoperability between their respective… Read More

December 14, 2021 @ 9:24 am By JD Alois  |  

Payments provider Wirex has announced a non-custodial digital Wallet. In a release, Wirex said that it believes their cross-chain, keyless, Wallet will “finally break down the barriers to mainstream adoption.” Wirex said the wallet is available now on the App stores. The Wirex wallet will… Read More

December 13, 2021 @ 11:07 pm By Omar Faridi  |  

The QR-code scanning tech created by Smart Engines has been introduced into Raiffeisen Online Russia. The solution enhanced the overall quality of QR codes and barcode scanning for payments operations made via a mobile app. As noted in the announcement, high-scanning precision is ensured for… Read More

December 10, 2021 @ 6:30 pm By Omar Faridi  |  

BitPay, a provider of Bitcoin and cryptocurrency payment services, has announced that due to significant demand, merchants may immediately accept Shiba Inu (SHIB) for payments and consumers may purchase, store and swap SHIB in the BitPay Wallet app. Even though it began as a meme,… Read More

December 9, 2021 @ 11:04 pm By Omar Faridi  |  

Walmart Canada and Interac Corp. have announced that they have teamed up to provide  Walmart Canada clients the option to make payments with Interac Debit via Walmart.ca and in-app. As of December 8, 2021, Walmart Canada clients are able to check out using Interac Debit… Read More

December 9, 2021 @ 7:00 am By JD Alois  |  

Marqeta (NASDAQ:MQ) has announced its first venture investment after becoming a publicly-traded company. Marqeta has led a $20 million Series B funding round into payments gateway ConnexPay.  ConnexPay, a customer of Marqeta’s since 2018, offers a combined merchant acquiring and virtual card issuing solution for… Read More

December 8, 2021 @ 10:37 pm By Omar Faridi  |  

Canadian Fintech firm Payment Rails has revealed that it is rebranding as Trolley—the payouts platform for the “Internet economy.” The newly renamed Trolley also confirmed its recent $7M Series A investment round, which was led by Pace Capital. Established in 2015, Trolley is a payouts… Read More

December 8, 2021 @ 2:57 pm By Omar Faridi  |  

Zirtue, the relationship-based lending app with a goal to promote financial inclusion, has  announced the launch of their Alternative Payment Solution for businesses. As mentioned in a release, the solution allows businesses to “utilize Zirtue as a payment option for their customers to pay bills… Read More