Tagged: payments

March 16, 2025 @ 6:06 pm By Omar Faridi  |  

Bilt Rewards, the payments and commerce platform transforming the $2.1 trillion housing payments market, announced the acquisition of Banyan, the platform for item-level receipt data. This acquisition—Bilt’s first— expands Bilt’s ability to create innovative, frictionless experiences that drive “neighborhood commerce and deliver  value to residents… Read More

March 16, 2025 @ 5:27 pm By Omar Faridi  |  

The global financial ecosystem is undergoing a significant shift as digital payments continue to gain momentum, reshaping how individuals and businesses transact worldwide. This, according to multiple reports covering the latest developments in the Fintech and payments sector. Recent reports underscore this transformative trend, projecting… Read More

March 16, 2025 @ 5:23 pm By Omar Faridi  |  

Shape Technologies, the payments-platform-as-a-service provider, and PXP, a technology platform, are pleased to announce their collaboration designed to transform the way that ISOs, ISVs, and Payment Facilitators go to market. The partnership is designed to address the challenges faced by ISOs, ISVs, and Payfacs, delivering… Read More

March 15, 2025 @ 3:58 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM) has unveiled its Capital Strategy 2.0—which is described as an evolution of its approach to securing the capital necessary to fuel its growth. Rooted in a Silicon Valley mindset, this latest strategy unveiled by Affirm reportedly aims to forge stronger connections between… Read More

March 14, 2025 @ 10:38 am By Tony Zerucha  |  

Thredd’s Damien Gough said that in today’s economically challenged environment, many Fintechs seeking growth must expand to new countries. However, with every country having unique characteristics, companies cannot simply cut and paste their playbook from one into another. Thredd helps such firms quickly and successfully… Read More

March 13, 2025 @ 12:34 pm By Omar Faridi  |  

Visa (NYSE: V), a global provider of payment technology, unveiled its scam disruption practice focused on identifying and stopping complex scams as they emerge. The new department, which sits under Visa Payment Ecosystem Risk and Control (PERC), has reportedly saved victims “$350 million across dozens… Read More

March 12, 2025 @ 5:01 pm By JD Alois  |  

Financial management Fintech Mimo says it has raised $8.5 million in equity capital and $125+ million in “embedded finance.” Mimo is short for Money in, Money out. Mimo was founded in 2023 by Henrik Grim (CEO), Alexander Gernandt Segerby (CPO), and Andreas Meisingseth (CTO). The… Read More

March 12, 2025 @ 1:16 pm By Omar Faridi  |  

Dwolla, a US-based A2A payment solution, has recently announced the general availability of its expanded integration with Plaid, a data network powering the digital financial ecosystem. Dwolla‘s clients are now reportedly able to leverage Plaid’s instant account verification and real-time balance check alongside “pay-by-bank payments… Read More

March 11, 2025 @ 5:28 pm By JD Alois  |  

Crypto payments network Mesh is reporting a Series B funding round of $82 million. The company states that it has raised $120 million to date. As a novelty, the funding was managed using PayPal USD (PYUSD). The funding was led by Paradigm, with participation from… Read More

March 11, 2025 @ 11:20 am By Omar Faridi  |  

StockX, a global resale marketplace for current culture products, announced that it has partnered with Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth. Eligible StockX shoppers in the U.S. may now access Affirm’s flexible payment plans when purchasing “coveted… Read More

March 11, 2025 @ 8:58 am By JD Alois  |  

Paytech Blink Payment says it has integrated with Paracode, a provider of insurance software. Blink explains that ParaCode provides insurance firms, brokers and others tools like claims management, reporting accounting and other tasks. The company states that the partnership will enable insurance firms to process… Read More

March 10, 2025 @ 11:20 pm By Omar Faridi  |  

The FT recently reported that big banks are racing to keep pace with fintech startups in the rapidly growing arena of deferred payment solutions, such as Buy Now Pay Later (BNPL) services. This shift highlights a broader trend where traditional financial institutions are being challenged… Read More

March 10, 2025 @ 10:27 pm By Omar Faridi  |  

Taiwan’s e-commerce market is forecast to grow by 7.9% in 2025, continuing its fast-paced growth driven by the “ongoing shift of consumer preferences from offline to online shopping,” according to GlobalData, a data and analytics company. GlobalData’s latest report, “Taiwan Cards and Payments – Opportunities… Read More

March 10, 2025 @ 9:04 am By Omar Faridi  |  

Alchemy Pay, the fiat-crypto payment solution provider, is pleased to announce its admission to the Association for Quality Assurance of Financial Services (VQF) as a recognized Self-Regulatory Organization (SRO) in Switzerland. This regulatory milestone allows Alchemy Pay to offer compliant fiat-to-crypto and crypto-to-fiat exchange services,… Read More

March 8, 2025 @ 9:53 am By Omar Faridi  |  

Revolut and Visa have launched legal challenges against the UK’s Payment Systems Regulator (PSR) over its decision to impose caps on interchange fees for cross-border online payments, as reported by the FT. The move marks a considerable escalation in the ongoing tug-of-war between the payments… Read More

March 8, 2025 @ 9:51 am By Omar Faridi  |  

Global Fintech Klarna is gearing up for an initial public offering (IPO) in the United States, with reports indicating the Swedish company could file publicly as early as next week. The move, which follows a confidential filing with the U.S. Securities and Exchange Commission in… Read More

March 7, 2025 @ 9:21 am By Omar Faridi  |  

Adyen (AMS: ADYEN), the financial technology platform for businesses, announced Groupe Dynamite Inc. (GDI), a Montreal-based fashion house that operates retail stores and digital experiences under two banners: Garage and Dynamite, is live with Adyen’s Giving product. Giving enables GDI to engage its customers “with… Read More

March 6, 2025 @ 1:59 pm By JD Alois  |  

Skyfire issued a statement today indicating it has exited Beta after reporting the rapid adoption of its services. Skyfire is a payment network for artificial intelligence. The company states that it enables autonomous transactions, enabling AI agents, LLMs and enterprises to transact securely Amir Sarhangi,… Read More

March 4, 2025 @ 10:50 am By JD Alois  |  

Balderton Capital has led the seed round for Cino, a real-time payments Fintech. Connect Ventures also participated as well as Barney Hussey-Yeo (founder of Cleo). The company says the funding will support Cino’s launch in the UK. Based in Estonia, Cino was co-founded by two… Read More

March 4, 2025 @ 8:14 am By Tony Zerucha  |  

This week, Augie introduced a credit card that enables consumers to build credit without setting aside security deposits, paying fees, or incurring interest charges. “The credit card industry hasn’t meaningfully evolved since its inception, even though how people manage money today is completely different,” said… Read More