Tagged: payments

September 12, 2021 @ 10:22 pm By Omar Faridi  |  

UAE-headquartered healthcare financing platform Klaim has acquired $1.6 million via a pre-Series A round. Klaim’s investment round has been led by Mad’a Investments, a private equity company based in Saudi Arabia. Other investors also made contributions to the round, including Arzan Venture Capital and Wealth… Read More

September 12, 2021 @ 7:27 pm By Omar Faridi  |  

UK-based digital banking platform Monzo, which is under investigation for possible money laundering activity and posted £130m in losses, is reportedly planning to enter the fast-evolving Buy Now, Pay Later (BNPL) sector. As first reported by the Evening Standard, two different sources noted that the virtual… Read More

September 11, 2021 @ 8:33 am By Omar Faridi  |  

Global Payments Inc. (NYSE: GPN), a provider of payment tech and software services, has entered an agreement to acquire MineralTree, a provider of accounts payable automation and B2B payments solutions, from an investor group that’s led by Great Hill Partners, .406 Ventures and Eight Roads… Read More

September 10, 2021 @ 3:11 pm By Omar Faridi  |  

Gr4vy, a cloud-powered payments platform, reveals that it has formed two new partnerships focused on providing consumers flexible ways to pay with a bank account while empowering merchants in the process. The new partnerships, currently integrated into Gr4vy’s Cloud-enabled payment orchestration platform (POP), are with… Read More

September 8, 2021 @ 4:43 pm By Omar Faridi  |  

As part of its increased B2B focus and overall business strategy, Netspend is introducing the Netspend Earned Wage Access platform and mobile app, which will enable companies to provide their workers with on-demand access to accrued wages or earnings that the employees have already earned… Read More

September 8, 2021 @ 6:06 am By Omar Faridi  |  

JCB International Co., Ltd., the global operations subsidiary of JCB Co., Ltd., and Checkout.com, the international payments processing platform, revealed that they’ve extended their partnership with the introduction of J/Secure 2.0 which is “compliant with EMV 3-D Secure (EMV 3DS) to Checkout.com’s merchants in the… Read More

September 7, 2021 @ 7:39 pm By Omar Faridi  |  

India-based PhonePe, a leading Fintech platform that now claims 300 millions users, reveals that it has introduced PhonePe Pulse, which is an interactive website with data, insights and key trends on virtual payments. The PhonePe Pulse website reportedly features millions of transactions made by clients on… Read More

September 7, 2021 @ 4:41 pm By Omar Faridi  |  

Worldline (Euronext: WLN), the European provider of payments and transactional services, has reportedly become a WhatsApp Business Solution Provider for the distribution and provision of WhatsApp Business API, enabling firms to connect with clients in a secure and reliable manner. Today, clients like to connect… Read More

September 6, 2021 @ 10:02 am By JD Alois  |  

Diners Club International has extended its partnership with BPC in Latin America. BPC offers payments, wallets, and banking features via its platform. According to a statement from the company, after selecting BPC’s SmartVista for commerce in Peru, Diners Club has turned to BPC once again… Read More

September 4, 2021 @ 4:56 pm By Omar Faridi  |  

epay, the virtual payments division of Fintech solutions and payments provider Euronet Worldwide, Inc. (NASDAQ:EEFT), recently revealed that it has completed the integration of the PayPal QR Code in their point-of-sale (POS) solution. The new solution is now live in Germany and will be offered… Read More

September 3, 2021 @ 3:03 pm By Omar Faridi  |  

The MULTOS Consortium, a group of organizations that are focused on the promotion and development of the MULTOS specifications, revealed that McLEAR, a technology firm supplying smart payment rings has joined as a Partner Member. MULTOS is a security technology for all-digital devices offering a… Read More

September 2, 2021 @ 11:46 pm By Omar Faridi  |  

Roxe, a next-gen international payment network, reveals that it will offer qualifying reserve banks with free access to its global Central Bank Digital Currency (CBDC) Plus Program. The new program will aim to enable countries to issue “new secondary or primary sovereign, fiat currencies backed… Read More

September 2, 2021 @ 11:44 am By Omar Faridi  |  

PayEm, the international spend and procurement platform for high-growth and multinational organizations, reveals that it has secured $27M in funding. As mentioned in a release shared with CI, the $27M consists of a $7M seed round that was led by Pitango First and NFX along… Read More

September 2, 2021 @ 6:56 am By Omar Faridi  |  

Privalgo reveals that it has appointed Martin Griffiths as a non-executive Director and Board member. With a 30-year career focused on banking and corporate foreign exchange, Martin will “bring his experience and knowledge to Privalgo’s Executive Team, helping the business with its strategic development,” according… Read More

September 1, 2021 @ 10:02 pm By JD Alois  |  

FOMO Pay, Fintech based in Singapore, has been approved by the Monetary Authority of Singapore (MAS) to operate three new regulated activities — Merchant Acquisition Service, Domestic Money Transfer Service, and Digital Payment Token Service. FOMO Pay describes itself as a one-stop digital payment solution… Read More

September 1, 2021 @ 9:42 pm By Omar Faridi  |  

Cardknox, a developer-friendly payment tech provider, reveals that it has released its payment facilitator (payfac) model, Cardknox Go. As a complete payments facilitator platform, Cardknox Go gives application developers, ISVs, and VARs the option to onboard merchant accounts easily and in “record time.” The platform’s… Read More

August 31, 2021 @ 11:32 am By JD Alois  |  

Gala Technology and Freedom Pay have partnered on a payment solution, according to a note from the company. Gala offers a “cardholder not present” solution called SOTPay that allows secure remote transactions.   FreedomPay offers a client experience platform that enables end-to-end consumer experiences by delivering… Read More

August 31, 2021 @ 6:59 am By Omar Faridi  |  

TheJobApp, a newly developed app that has been introduced to improve gig working and support businesses, will be available across the United Kingdom. This proposition aims to provide immediate payments after shifts and assists businesses with sourcing the best gig economy workers in an efficient… Read More

August 30, 2021 @ 11:07 pm By Omar Faridi  |  

Japan-based Fintech firm Paidy, specializing in the Buy Now, Pay Later or BNPL sector, is reportedly looking into going public. This, according to a report from the FT. BNPL has become quite popular globally, with many new Fintechs entering the space within a relatively short… Read More

August 30, 2021 @ 10:42 pm By Omar Faridi  |  

GCash, a leading mobile wallet provider in the Philippines, reports steady growth as it saw a significant rise in its number of users from 20 million in January 2020 to 46 million in June 2021, according to a release. The GCash app also had more… Read More