Tagged: payments

August 27, 2021 @ 11:45 am By Omar Faridi  |  

InComm Payments, a payments tech firm, and doxo, the largest bill pay directory in the US, have joined forces to allow doxo users to pay household bills with cash at 60,000+ retail locations throughout the US. The Federal Reserve Bank of Atlanta reveals that a… Read More

August 27, 2021 @ 9:27 am By Omar Faridi  |  

Fintech AffiniPay, an online payments provider for professionals, has hired Bryan D. Thompson as its CTO as the firm continues to expand its business operations. Thompson’s appointment has been announced after AffiniPay made Inc. Magazine’s Inc 5000 List of Fastest Growing Companies in America (for… Read More

August 27, 2021 @ 7:17 am By Omar Faridi  |  

Selecta Group, Europe’s route-based self-service retailer providing coffee and convenience food solutions in the workplace and in public spaces, is teaming up with Fiserv, Inc. (NASDAQ: FISV), an international provider of payments and financial services tech. Through the partnership, the companies will be streamlining digital… Read More

August 27, 2021 @ 6:49 am By Omar Faridi  |  

Serrala, an international financial automation and B2B payments software firm, has acquired a majority investment from Hg, a global software and services investor. After the deal is finalized, Serrala’s Chief Executive Sven Lindemann and existing investor, Waterland, will continue to offer support to the business… Read More

August 26, 2021 @ 7:18 am By Omar Faridi  |  

Balance, the payments experience platform for B2B e-commerce, reveals that it has acquired $25 million in capital through a Series A round that was led by Ribbit Capital, along with contributions from Avid Ventures as well as existing investors Lightspeed Ventures, Stripe, Y Combinator Continuity… Read More

August 25, 2021 @ 10:22 pm By JD Alois  |  

Airwallex, an Australian payments Fintech, has launched in North America. In a company release, Airwallex said that US businesses may now gain access to the suite of financial infrastructure, payments, treasury, and expenses services without the constraints of the traditional financial system. Airwallex’s market entry… Read More

August 25, 2021 @ 8:22 am By Omar Faridi  |  

EedenBull, a Fintech firm focused on B2B commercial payments tech, has formed a partnership with Sparebanken Vest, which is Norway’s third-largest savings bank. Through the partnership, the companies will offer banking services tech to the bank’s 13,600 business clients across Western Norway. Working cooperatively with… Read More

August 25, 2021 @ 8:19 am By Omar Faridi  |  

SoftPOS Fintech firm Phos has acquired €2 million in capital as it gets ready for a Series A round later in 2021. Established in 2018, Phos assists merchants with accepting payments directly with a card tap via Android mobiles, eliminating the requirement for a separate… Read More

August 25, 2021 @ 8:15 am By Omar Faridi  |  

Fintech firm Westpay AB, and Klarna AB, a global retail bank, payments, and shopping service, have entered an agreement aiming to further expand the reach and “footprint” of Klarna’s payment services. As mentioned in a release, Westpay will now be integrating Klarna’s payment offerings, “making… Read More

August 24, 2021 @ 10:43 pm By Omar Faridi  |  

HSBC Qatar has introduced mobile payments and collections services for its personal and corporate clients, as part of its ongoing investment into digitizing banking services. These recent updates will aim to enable greater financial inclusion for the unbanked sector and  visitors in Qatar, which is… Read More

August 24, 2021 @ 7:34 am By Omar Faridi  |  

Zepz, previously dba WorldRemit, a digital cross-border payments platform operating two brands (WorldRemit and Sendwave, acquired in 2021), with 11 million+ users across 150 countries, has secured $292 million “in new primary financing, achieving a valuation of $5 billion,” according to a release. The latest… Read More

August 23, 2021 @ 11:11 pm By Omar Faridi  |  

Kiplepay, a wholly owned division of Green Packet, has teamed up with Visa (NYSE: V) in order to offer the Kiple Visa Prepaid Card. Through the partnership, which was first announced last year, Kiplepay and Visa have introduced the prepaid card which aims to support… Read More

August 23, 2021 @ 10:10 pm By Omar Faridi  |  

HSBC Malaysia reveals that it has introduced the DuitNow Request feature for corporates so they can improve the collection of recurring payments from their clients. This secure, real-time payment solution will aim to do away with the requirement for companies to constantly follow up with… Read More

August 23, 2021 @ 8:23 am By Omar Faridi  |  

Paysafe (NYSE:PSFE), a specialized payments platform, reveals that it has entered a definitive agreement to acquire German Fintech firm, viafintech, in an “all-cash transaction.” viafintech, known under the brands of Barzahlen/viacash and viacash, provides the largest, “bank independent,” payments infrastructure in the DACH region, “allowing… Read More

August 22, 2021 @ 7:20 pm By Omar Faridi  |  

Malaysian Insurtech company VSure.life has reportedly acquired a RM12 million (appr. $2.83 million) investment from ACE market-listed Revenue Group via its wholly-owned subsidiary Revenue Harvest (as well as being approved by Bank Negara Malaysia’s or BNM, the nation’s central bank to take part in its… Read More

August 22, 2021 @ 3:35 pm By Omar Faridi  |  

European payments company Worldline and Switzerland’s digital asset platform Bitcoin Suisse recently announced the official launch of their omnichannel cryptocurrency payment solution, called WL Crypto Payments. The integrated solution has been designed to enable over 85,000 Switzerland-based merchants on Worldline’s network to take Bitcoin (BTC)… Read More

August 21, 2021 @ 8:49 am By Omar Faridi  |  

Sightline Payments revealed, earlier this week, the completion of a $244 million round valuing the firm at more than $1 billion. With this capital injection, Sightline becomes Nevada’s very first Fintech Unicorn—one of almost 700 startups globally to be valued at $1 billion+ as a… Read More

August 19, 2021 @ 2:18 pm By Omar Faridi  |  

Stax by Fattmerchant, which claims to be the industry’s “only” complete “all-in-one” solution for managing “everything” in the payments ecosystem, has announced the addition of credit card surcharging to its “feature-rich” technology. As mentioned in a released shared with CI: “With prices of processing fees… Read More

August 19, 2021 @ 11:40 am By JD Alois  |  

Payments provider ic2 has partnered up with VISA to launch point of sale buy now, pay later (BNPL) credit options. Via the collaboration merchants may gain access to a BNPL option to pay in installments instead of all at once or by credit card. BNPL… Read More

August 19, 2021 @ 7:35 am By Omar Faridi  |  

Sokin has introduced its “new generation” fixed fee payment service for “cost-effective” currency exchange without any hidden fees in order to make payments “more open” and transparent, according to a release. At present, consumers are being taken advantage of “when it comes to the total… Read More