Tagged: payments

October 5, 2021 @ 10:19 pm By Omar Faridi  |  

Payhawk, the all-in-one finance system assisting companies and businesses with spending effortlessly, reveals that they’ve introduced an “industry-first” with 3% cashback on all payments, “integration to Microsoft Dynamics 365, Single Sign-On for enterprise clients, as the company looks to disrupt corporate payments and expense management… Read More

October 5, 2021 @ 6:10 pm By JD Alois  |  

GoCardless is expected to raise around £200 million at a valuation of over $1 billion thus vaulting the Fintech into the unicorn realm. This is according to a report in the Evening Standard. The payments firm last raised $95 million in a Series F funding… Read More

October 5, 2021 @ 8:45 am By JD Alois  |  

Azimo, a digital money transfer service, has announced the launch of an instant remittance service to Turkey. The feature is being made available by a partnership with United Payment, a leading payments service provider in Turkey. The new service will allow Azimo customers living in… Read More

October 4, 2021 @ 10:17 pm By Omar Faridi  |  

QisstPay, which is one of Pakistan’s first Buy Now, Pay Later (BNPL) services, recently revealed that they’ve secured $15 million in capital as part of their seed and pre-seed rounds with “a mix of equity and debt.” MSA Capital reportedly led QisstPay‘s investment round, with… Read More

October 4, 2021 @ 5:07 pm By Omar Faridi  |  

Interac Corp., a payments network and digital ID provider, reveals that it has entered into a transaction to acquire the “exclusive” rights to SecureKey Technologies Inc. digital ID services for Canada. SecureKey is an established digital ID and authentication provider that works cooperatively with government… Read More

October 4, 2021 @ 8:33 am By Omar Faridi  |  

Catherine Gu, Global CBDC Product Lead at Visa (NYSE: V) writes in a blog post that you should try imagining splitting the check with your friends, like when everyone at the table may be using a different “type of money” — some using a central bank… Read More

October 4, 2021 @ 8:04 am By Omar Faridi  |  

UK-based Fintech firm SumUp, an international leader in virtual payments, has confirmed the appointment of a new CEO for Europe, Michael Schrezenmaier. Schrezenmaier brings with him a “founder’s mentality” and a “hands-on” attitude, as well as being a “perfect cultural fit” for the London-based company,… Read More

October 3, 2021 @ 7:25 pm By Omar Faridi  |  

The Monetary Authority of Singapore (MAS), the nation’s reserve bank and financial regulator, and Bank Negara Malaysia (BNM). the central bank of the Southeast Asian country, revealed that they are beginning a phased linkage of Singapore’s PayNow and Malaysia’s DuitNow real-time payment solutions. The initial… Read More

October 3, 2021 @ 4:17 pm By Omar Faridi  |  

International payments provider Checkout.com reveals that it has appointed Leela Srinivasan as its Chief Marketing Officer and Kerry Van Voris as its Chief Human Resources Officer, both “formative executive appointments on the company’s exponential growth journey.” The announcement from Checkout.com also noted that the news… Read More

October 3, 2021 @ 11:26 am By Omar Faridi  |  

Money transfer Fintech firm TransferGo has acquired $50 million in capital in order to support its digital payments transformation efforts. Focusing on enhancing global funds transfers, TransferGo‘s Series C investment round was reportedly led by Elbrus Capital Fund III and Black River Ventures. The fundraise… Read More

October 2, 2021 @ 8:47 am By Omar Faridi  |  

There have been many new developments in the banking and Fintech space with new research predicting growth across various areas of the fast-evolving sector. The team at payments specialist Banking Circle notes that they were recognized at Money 20/20 by two industry awards. Banking Circle… Read More

October 2, 2021 @ 8:45 am By Omar Faridi  |  

Digital banking platform Revolut notes in a blog post that as you might already know, sending funds abroad with traditional banks can be quite costly and very slow. The fees may be really high and transactions may often take at least several business days to… Read More

October 1, 2021 @ 10:33 am By Omar Faridi  |  

Global Processing Services (GPS), the Paytech Pioneer behind major Fintech challengers, reveals that it has established its MENA region office and hired payments professional, Arnav Rath, as Head of Region. Based in Dubai, the team will focus on leveraging its international reach and payments expertise… Read More

October 1, 2021 @ 8:10 am By Omar Faridi  |  

COTI is pleased to confirm that its Visa debit cards and bank account are accessible to the public. With assistance from Simplex, both of these financial tools should help with addressing “economic inequality.” As noted in an update shared with Crowdfund Insider, COTI aims to… Read More

October 1, 2021 @ 7:58 am By Omar Faridi  |  

Australian founded and headquartered payments firm, Till Payments, has finalized its Series C round, securing $110 million in private capital. The proceeds will be channeled towards strengthening Till’s domestic capabilities, “bolster global expansion, and further innovate its cutting-edge technology,” according to a release. The announcement… Read More

September 30, 2021 @ 8:14 pm By Tony Zerucha  |  

While it’s taken a while for B2B technology to reach the levels of responsiveness common to their B2C brethren, the gap is indeed narrowing, CEO Brandon Spear of B2B payments company TreviPay said. B2B has always lagged behind B2C for the simple reason – building… Read More

September 30, 2021 @ 7:42 am By Omar Faridi  |  

Zavann, a Sweden-headquartered SaaS firm that’s owned by EG and offers data-driven offerings for electricity suppliers across the country, has teamed up with Neonomics, an Open Banking platform for improving the way in which clients receive and settle their electricity bills. As noted by its… Read More

September 29, 2021 @ 11:18 pm By Omar Faridi  |  

Market Pay, the European omni-channel payment service provider, reveals that it will be  acquiring Dejamobile, a French Fintech platform offering mobile and connected equipment payment solutions. After the acquisition has been finalized, Dejamobile will become a subsidiary of Market Pay, the announcement confirmed. Dejamobile is… Read More

September 29, 2021 @ 9:23 pm By Omar Faridi  |  

BitPay, an established provider of cryptocurrency payment services, and Verifone, an international Fintech platform and payment solution provider to major retail brands, have announced the extension of BitPay’s blockchain payment tech to enable consumer crypto  payments on Verifone’s in-store and eCommerce Cloud Services platforms in… Read More

September 29, 2021 @ 3:27 pm By Omar Faridi  |  

Elements Global Services, a tech firm and direct Employer of Record service provider that simplifies a firm’s international expansion efforts, augments its leadership team with the addition of three C-Suite executives to “further its position as a leading technology and HR solutions provider,” according to… Read More