Tagged: payments

September 5, 2025 @ 11:59 am By Tony Zerucha  |  

Alchemy Pay, a fiat-crypto payment gateway, has been granted a Money Transmitter License (MTL) in South Carolina. With the inclusion of South Carolina, Alchemy Pay now holds MTLs in  Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, and Arizona. The Money Transmitter License, issued under the authority of the South Carolina Attorney General in accordance with the… Read More

September 5, 2025 @ 12:46 am By Omar Faridi  |  

PayPal (NASDAQ: PYPL) has announced significant developments that underscore its commitment to integrating digital technology with its payment ecosystem. On September 3, 2025, PayPal revealed a partnership with Perplexity, offering PayPal and Venmo users early access to the AI-powered Comet browser along with a 12-month… Read More

September 4, 2025 @ 11:47 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, and Ripple, the provider of digital asset infrastructure for financial institutions, have announced an expanded partnership to transform cross-border payments globally. Building on their collaboration established in 2020, the partnership will improve the “customer… Read More

September 4, 2025 @ 8:43 pm By Omar Faridi  |  

Airwallex, a global financial platform for various businesses, announced the acquisition of OpenPay, a San Francisco-based billing platform that offers subscription management, payment orchestration, and revenue analytics. The acquisition will bring OpenPay’s billing and analytics capabilities into Airwallex’s global platform, strengthening Airwallex’s position “against other… Read More

September 4, 2025 @ 4:49 pm By Omar Faridi  |  

OnePay, a Fintech startup majority-owned by Walmart, has introduced its own branded wireless service, OnePay Wireless. Launched this month, this offering is reportedly available through the OnePay app, marking a key milestone in the company’s goal to evolve into an all-in-one “super app” for US… Read More

September 3, 2025 @ 8:24 am By Omar Faridi  |  

Wise (LON:WISE), a global Fintech known for its focus on international transfers, is reportedly contemplating a significant shift in its business model by exploring the possibility of becoming a fully licensed bank in the United Kingdom. According to recent reports, the company has initiated discussions with… Read More

September 2, 2025 @ 9:48 am By JD Alois  |  

Zopa Group, a digital bank, has acquired payments platform Rvvup in a move that is expected to 3X its  embedded finance business in two years. The acquisition is predicted to boost its point of sale credit services supporting all payment options. The acquisition is Zopa’s… Read More

September 2, 2025 @ 9:28 am By JD Alois  |  

European payments Fintech Klarna has filed to raise $1.27 billion in an initial public offering (IPO). Founded in Sweden but now based in the UK, Klarna shares are expected to trade on the New York Stock Exchange (NYSE) under the ticker “KLAR.: The offering includes… Read More

August 29, 2025 @ 8:17 am By Tony Zerucha  |  

Rain, an enterprise-grade infrastructure for stablecoin-powered payments, has secured a $58 million Series B funding round led by Sapphire Ventures, with participation from Dragonfly, Galaxy Ventures, Endeavor Catalyst, Samsung Next, Lightspeed, and Norwest. The raise brings Rain’s total funding to $88.5M and comes just five… Read More

August 29, 2025 @ 12:19 am By Omar Faridi  |  

In 2025, stablecoins have solidified their position as a cornerstone of the evolving financial landscape, reshaping how businesses and individuals approach cross-border payments. BitPay’s State of Stablecoins 2025 Report highlights the growth and adoption of stablecoins, underscoring their role as a faster, cheaper, and more… Read More

August 28, 2025 @ 12:45 pm By Omar Faridi  |  

Visa (NYSE: V) has made the significant decision to shutter its U.S. open banking unit, as reported by Bloomberg. The move comes as the open banking ecosystem in the United States faces mounting challenges, including regulatory ambiguity and evolving strategies by banks to monetize customer… Read More

August 27, 2025 @ 12:22 pm By JD Alois  |  

Circle (NYSE: CRCL), a stablecoin issuer, and Finastra have announced a partnership that focuses on payment infrastructure to improve the speed and lower the cost of international transfers. According to a release, Finastra’s Global PAYplus (GPP) customers can connect to Circle’s payment infrastructure for rapid,… Read More

August 27, 2025 @ 11:45 am By Tony Zerucha  |  

While some view the One Big Beautiful Bill Act as a green light for lax regulation, Green Dot Senior Vice President and General Manager of Embedded Finance, Renata Caine, said many envision themselves in a strict environment for several important reasons. Green Dot offers debit,… Read More

August 27, 2025 @ 8:30 am By Omar Faridi  |  

Airwallex, a global payments and financial platform for growing businesses,  announced that its global payments platform has been chosen by Pipe, a fintech offering embedded capital products to small businesses, as a key partner to help enable the international growth of its business operations. This… Read More

August 26, 2025 @ 2:09 pm By Omar Faridi  |  

Swedish BNPL fintech Klarna is setting the stage for a highly anticipated initial public offering (IPO), aiming for a valuation between $12.6 billion and $13.4 billion, according to industry reports. The buy-now-pay-later (BNPL) pioneer is reportedly planning to price its shares in the range of… Read More

August 20, 2025 @ 5:22 am By Omar Faridi  |  

The Royal Bank of Canada (RBC) and Bank of Montreal (BMO), two of Canada’s financial institutions, are reportedly exploring the sale of their joint payments processing venture, Moneris Solutions Corporation, in a deal that could be valued at up to $2 billion. The potential divestiture,… Read More

August 19, 2025 @ 10:47 pm By Omar Faridi  |  

Payoneer (NASDAQ: PAYO), the global financial technology company enabling business growth, announced a partnership with programmable financial services company Stripe. The collaboration marks an expansion of Payoneer’s Online Checkout offering for “cross-border merchants looking to sell direct-to-consumer.” Launching in key markets “within the Asia Pacific… Read More

August 18, 2025 @ 8:12 am By Omar Faridi  |  

Privalgo has reportedly secured its Dutch EMI license. They’ve just reached this milestone and it has been months in the making: on 1 August, De Nederlandsche Bank (DNB), the central bank of the Netherlands, officially granted them a Dutch Electronic Money Institution (EMI) license. With… Read More

August 17, 2025 @ 4:26 pm By Omar Faridi  |  

Global Fintech Adyen (AMS: ADYEN) saw its shares take a hit on Thursday, August 14, 2025, following the release of its H1 2025 financial results. Adyen, the Amsterdam based global payments processor, announced a downward revision to its full-year revenue forecast, pointing to challenges posed… Read More

August 16, 2025 @ 8:29 pm By Michael Wong  |  

Global payment platform SUNRATE acquired a payment business license in China following its purchase of a complete stake in Transfar Pay, a subsidiary of Shenzhen-listed Transfar Group. The RMB 315 million ($43.8 million) acquisition received approval from Chinese regulatory authorities. Transfar Group disclosed the transaction… Read More