Tagged: payments

December 22, 2021 @ 9:02 am By Omar Faridi  |  

Providing a smarter way to perform monetary transactions, PollenPay, a UK-headquartered Buy Now Pay Later (BNPL) firm is pleased to confirm its launch plans. Led by company founder and CEO, Leon Wilson, the team at PollenPay plans to ease pressure on purchases, while at the… Read More

December 21, 2021 @ 4:29 pm By Omar Faridi  |  

We recently connected with Hubert Rachwalski, CEO at Nethone, a company focused on a “Know Your Users” strategy to resolve fraud, so clients are able to gain more loyal customers while rejecting only fraudsters. Hubert talked about how cybercriminals are attempting to exploit online platforms… Read More

December 21, 2021 @ 3:49 pm By Omar Faridi  |  

ThinkSmart Limited (AIM: TSL), a specialist virtual payments platform business, has announced that it has agreed terms with Afterpay for ThinkSmart’s subsidiary, ThinkSmart Europe, in order to sell its 10% holding in Clearpay in exchange for 1,650,000 shares in Afterpay. As noted in the announcement,… Read More

December 21, 2021 @ 11:06 am By Omar Faridi  |  

UnionPay International (UPI) has introduced its SoftPOS (Point-of-Sale) solution for the first time using a payment tech that’s powered by SoftPOS provider, Soft Space. The SoftPOS solution will reportedly be launched in Malaysia and it’s expected to create various market opportunities for UPI to expand… Read More

December 20, 2021 @ 10:39 pm By JD Alois  |  

CHAI, a digital wallet and payment service provider including credit cards, e-wallets, and wire transfers, has raised $45 million in a Series B+ funding round led by SoftBank Ventures Asia (SBVA) and B Capital. Other investors participating in the round include KT Investment, Conductive Ventures,… Read More

December 20, 2021 @ 10:08 pm By Omar Faridi  |  

The team at Indian Fintech Razorpay notes that if you are running a business on Amazon (NASDAQ: AMZN), then you are probably well aware that effective cash flow can be vital to the scalability of your business. Whether your business is growing or just starting… Read More

December 20, 2021 @ 3:23 pm By Omar Faridi  |  

European digital bank bunq has shared quick and safe ways to make contactless payments via their platform. According to bunq, gone are the days when you were required to carry physical payments cards with you everywhere, because now, most of the time, just your phone… Read More

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