Tagged: payments

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

July 30, 2018 @ 10:43 pm By JD Alois  |  

TransferTo, a cross-border mobile payments network, says its international money transfer business has hit $800 million in the first six months of this year. In 2017 during the same period, TransferTo booked just $310 million. The Fintech also reports it expects to surpass $2 billion… Read More

July 25, 2018 @ 11:46 am By JD Alois  |  

Earlier this week, the Bank of England (BoE) published a document outlining progress on their proof of concept (POC) project for a “renewed Real-Time Gross Settlement (RTGS) service that will deliver a resilient, flexible and innovative sterling payment system for the United Kingdom to meet the… Read More

July 23, 2018 @ 8:12 am By JD Alois  |  

PayU has acquired payments technology platform ZOOZ, according to a release from the firm. The deal is described as supporting PayU’s ongoing expansion into high growth markets in cross border payments. Terms of the deal were not disclosed but PayU says its total sum of… Read More

July 19, 2018 @ 1:32 pm By Cali Haan  |  

A German designer and coder has revealed that payment app (and PayPal subsidiary) Venmo has been publishing the intimate purchase details, profile pics and personal messages of users online- everything from lovers’ quarrel texts to drug deal texts to junk food purchases and purchase locations-… Read More

July 17, 2018 @ 3:54 pm By Samantha Hurst  |  

Wirecard, a Germany-based global provider of digital payments and commerce solutions, announced on Tuesday it has expanded its existing strategic cooperation with Mastercard to promote contactless wearable payments. The duo is cooperating among others with Garmin Pay and Wirecard reported that its services will be available in Germany… Read More

July 17, 2018 @ 9:52 am By JD Alois  |  

Fintech Lemon Way, a payment institution regulated by the ACPR – Banque de France,  has received additional funding in the amount of €10 million. The round was led by Breega capital, with the participation from Speedinvest, a Fintech venture capital fund. According to the local… Read More

July 17, 2018 @ 8:03 am By Samantha Hurst  |  

Cryptocurrency services platform Ethos announced on Monday it has formed a U.S. cryptocurrency partnership with merchant services and payment processing organization Payroc. According to Ethos, as part of the partnership, the Ethos Bedrock platform will be integrated with Payroc’s payment gateway platform, which will enable… Read More

July 16, 2018 @ 12:18 pm By JD Alois  |  

UK based Shieldpay has expanded into the US by providing services to car classified site, AutoClassics.com. The Fintech scale up enables sites to become fully transactional marketplaces and offers an instant digital escrow payment solution.  Shieldpay can also accelerate multi-million-pound M&A deals and real estate transactions,… Read More