Tagged: payments

October 25, 2018 @ 4:22 am By JD Alois  |  

Mobile payments and loyalty platform Yoyo has secured $30 million in a partnership agreement from Twitter and Coinbase investor Hard Yaka, according to a note from the firm.  As part of the agreement, Yoyo will integrate its “omni-channel commerce API” with Hard Yaka’s global user identification platform… Read More

October 24, 2018 @ 2:47 pm By Samantha Hurst  |  

WorldFirst, a UK-based multi-currency payments platform, announced on Tuesday it launched its World Account for U.S. businesses and online sellers. The solution made its debut after being launched by WorldFirst Co-Founder and CEO Jonathan Quin and Managing Director Jeff Parker while they were on stage… Read More

October 18, 2018 @ 8:30 am By Erin Hobey  |  

Yandex.Checkout and Sberbank have launched a new B2B Payments service allowing companies to accept online payments from corporate clients.  The new feature aims to reduce the payment process time frame to 1–3 minutes. Yandex.Checkout and Sberbank claim the title for the first platforms to offer… Read More

October 17, 2018 @ 11:42 am By JD Alois  |  

Digital payments Fintech Azimo says it will allow SME owners across the UK and Europe to pay for goods, salaries and investments in 189 countries and territories beginning this week. Azimo claims it will undercut most pricing by banks by at least 75%. The service… Read More

October 10, 2018 @ 8:10 am By JD Alois  |  

Global retailer H&M has invested in Swedish payments Fintech Klarna. According to reports, H&M invested $20 million in Klarna, a company that has now raised over $680 million. Additionally, H&M announced a new global partnership in a release posted on its site. and Klarna will… Read More

October 9, 2018 @ 10:11 pm By Cali Haan  |  

The Commonwealth Scientific and Industrial Research Organisation (CSIRO) of Australia’s Data 61 data research arm is trialling an app that uses blockchain to track and issue payments within the country’s National Disability Insurance Scheme (NDIS). According to a CSIRO Data 61 press release, the trial… Read More

October 8, 2018 @ 8:02 am By JD Alois  |  

Dubai will enable residents the ability to may digital payments using blockchain tech in a new partnership with Pundi X, Ebooc Fintech & Loyalty Labs LLC. XPOS devices that facilitate transactions are expected be rolled out at shopfronts in region  with provisions for an increase in coming… Read More

October 5, 2018 @ 8:39 am By Samantha Hurst  |  

On Thursday, Square announced the launch of Square Installments, which is described as a new tool to help customers bring in more customers and grow sales. Square reported that with Square Installments, customers have the freedom to pay for a large purchase by splitting it into… Read More

September 15, 2018 @ 3:54 pm By JD Alois  |  

ELIX is a blockchain based platform that is crypto native seeking to provide multiple services including a crowdfunding / lending service along with a crypto wallet and payments. The ELIX coin never did an initial coin offering it simply gave the digital tokens away (about… Read More

September 13, 2018 @ 4:26 pm By JD Alois  |  

Divya Agarwalla, SVP and, Head of Product at Circle, has recently posted some data pertaining to crypto based off of a commissioned survey of over 3,000 Millennials, Gen-Xers, and Baby Boomers in the US. So what did they uncover? See the bullets below: There is a gender… Read More

September 8, 2018 @ 12:29 pm By JD Alois  |  

TransferTo, a cross-border mobile payments network that topped $800 million in the first six months of this year, has invested in blockchain firm OXIO. According to a release, OXIO operates a mobile internet exchange and uses blockchain technologies to power fast and affordable mobile internet access… Read More

September 7, 2018 @ 11:32 am By Samantha Hurst  |  

PayPal announced earlier this week it recently surpassed 250 million in the total number of active accounts on its global payments platform. The payments giant reported that this is a very important milestone for its company, and a key marker on its journey to fulfill its… Read More

September 6, 2018 @ 12:42 pm By JD Alois  |  

BANQ, an online investment platform and part of Tripoint Global Equities, has listed its first security token offering (STO). According to BANQ, Horizon Globex GmbH in Switzerland is issuing VOX security tokens as part of its Talketh crypto payments and communication service. The VOX tokens… Read More

August 30, 2018 @ 12:14 pm By Erin Hobey  |  

During the past week, Dash, a digital currency for payments and e-commerce, announced an integration with CoinCards.ca, Germany-based SugarTrends, Spain-based Bit2Me and a new DIP. Canadian-based Coincards.ca, one of the few retail gift card companies specializing in cryptocurrency as a form of payment, company allows customers to… Read More

August 29, 2018 @ 11:06 am By JD Alois  |  

UK based Fintech money transfer service Azimo has partnered with leading African payments business Interswitch Group. The announcement came during a UK trade delegation to Africa arranged by the PM’s office. Azimo was the loan Fintech to join the small group of firms traveling to… Read More

August 28, 2018 @ 3:13 pm By Samantha Hurst  |  

Paystack, an Africa-based payments platform, secured $8 million through its Series A funding round, which was led by Stripe, with participation from Visa, Tencent and Y Combinator. Founded in 2015, Paystack states that it helps Nigerian businesses accept Mastercard, Visa, and Verve cards from anyone, anywhere… Read More

August 28, 2018 @ 10:01 am By Samantha Hurst  |  

Modo, U.S.-based payments technology startup focused on creating interoperability between payment systems, announced on Tuesday it has teamed up with Etihad Airways to co-create a loyalty solutions program. According to the fintech, this new program is for the airline industry as part of the FinTech… Read More

August 19, 2018 @ 3:01 pm By Samantha Hurst  |  

UK-based payment services Fingopay is set to close its equity crowdfunding campaign on Crowdcube with nearly £850,000 in funding, thanks to more than 450 investors. The funding round was launched last month and quickly raised its initial £750,000 target.  As previously reported, FingoPay, which was created by Sthaler, in… Read More

August 3, 2018 @ 8:23 pm By Samantha Hurst  |  

Omnitude, a UK-based blockchain middleware platform, announced on Friday it has formed a three-year global partnership with e-wallet and mobile payments app ImageNPay to develop new payment experiences using blockchain. Founded in 2017, Omnitude describes itself as a middleware blockchain layer, which is a toolkit… Read More

August 2, 2018 @ 5:00 pm By Samantha Hurst  |  

Less than two weeks after launching its equity crowdfunding campaign on Crowdcube, payment services Fingopay successfully secured its initial £750,000 funding target from more than 200 investors.  Created by Sthaler, in partnership with Worldpay, VISA, and Nets, the identity and payment service was originally designed… Read More