Tagged: payments

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

August 18, 2021 @ 6:00 pm By Omar Faridi  |  

Bob Reid, CEO at Everest, a company focused on providing identity verification, account creation, and DeFi-related financial services, has shared key updates with Crowdfund Insider. Bob Reid talked about how his company successfully partners with established tech industry participants in order to provide seamless decentralized… Read More

August 18, 2021 @ 11:26 am By Omar Faridi  |  

Branch, which helps businesses “accelerate” payments to “empower” working Americans, revealed on August 17, 2021 that it has secured more than $540 million in capital to “fuel its momentum in delivering flexible workforce payments.” Addition has reportedly led the closing of a $48 million Series… Read More

August 18, 2021 @ 7:07 am By Omar Faridi  |  

UnionPay International (UPI) reveals that it has teamed up with the International Bank of Tajikistan in order to introduce the nation’s first contactless digital wallet, notably making UnionPay the very first payment service to provide mobile contactless payment options in the country. The number of… Read More

August 17, 2021 @ 5:00 pm By Omar Faridi  |  

Ximena Alemán, Co-CEO at Prometeo, the Latin American (LatAm) Fintech firm that’s leading Open Banking adoption throughout the region, recently shared key industry insights with Crowdfund Insider. Prometeo recently announced the launch of Spark, which is a free-of-cost program for high-potential startups, Fintechs, as well… Read More

August 17, 2021 @ 9:47 am By JD Alois  |  

Paytia, a payments provider that ensures secure transactions by phone, has partnered with Talkdesk, according to a note from the company. UK-based Paytia is on a mission to enable consumers to pay over the phone without fear of card theft or fraud. Paytia’s Secure Virtual… Read More

August 17, 2021 @ 8:55 am By Omar Faridi  |  

The Walmart (NYSE: WMT) location in Bentonville, Arizona is looking for a Digital Currency and Cryptocurrency Product Lead. As noted in the job description, Walmart appears to be looking for a professional who is passionate about virtual currencies and “driven by opportunities to scale new… Read More

August 17, 2021 @ 8:28 am By Omar Faridi  |  

Paysafe (NYSE:PSFE), a specialized payments platform, reveals that it has entered an agreement to acquire SafetyPay for $441 million as part of an all-cash deal. SafetyPay is an established payments platform that allows digital commerce transactions through various Open Banking and electronic cash solutions, operating… Read More

August 16, 2021 @ 12:14 pm By Omar Faridi  |  

UK’s digital bank Starling notes that with their platform and financial services, clients are able to bank “anywhere.” According to Starling Bank, that’s what makes them a wonderful app for business owners “out and about at festivals.” As part of this ongoing support for the… Read More

August 16, 2021 @ 11:30 am By Omar Faridi  |  

We recently caught up with Steve Pinado, President at Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider. Pinado explained how automation trends have been accelerating at warp speed during the COVID-19 pandemic. Last month, the team at Billtrust had shared… Read More

August 16, 2021 @ 7:56 am By Omar Faridi  |  

Datam, a new software-as-a-service (SaaS) platform that allows companies or businesses to begin accepting card payments within minutes, has raised £560,920 of its £550,001 target from 224 investors (at the time of writing) via Seedrs. There are 24 days left in the company’s sale, as… Read More

August 13, 2021 @ 3:32 pm By Omar Faridi  |  

Global startup engagement program Mastercard Start Path is welcoming 11 Fintechs to receive dedicated support, access to clients and product development teams, and opportunities to engage in innovative projects. Finmod, Flourish Savings, GenEQTY, Karri, KeyChain Pay, Kwara, Layer, Osper, Swap, upSWOT and Wellthi have reportedly… Read More

August 13, 2021 @ 3:22 pm By Omar Faridi  |  

Qolo, the omnichannel payments platform for Fintech, reveals that it has appointed Dhruv Singh as EVP, Strategic Business Development, and Nanda Lindebauer as VP of Finance & Controller; Heather Guiley as VP of Program Management; and, Curt Haid as VP of Risk, Fraud, and Compliance…. Read More

August 13, 2021 @ 10:16 am By Omar Faridi  |  

Veem, an established provider of online payment services, has introduced two new Veem Capital products in order to assist SMBs with improving how they manage spending for their business operations. Veem has introduced Pay Later and Pay with Card products that have been developed to… Read More

August 12, 2021 @ 4:54 pm By Tony Zerucha  |  

PayPal and Venmo are now accepted forms of payment at each of Giant Eagle’s 474 supermarket and GetGo locations, the chain announced today. With this announcement, Giant Eagle and GetGo become the first grocery and convenience store chains in the U.S. to offer customers the… Read More