Tagged: payments

December 12, 2023 @ 9:35 am By Michael Wong  |  

The State Bank of Pakistan (SBP) has launched a “regulatory sandbox” framework, issuing preliminary guidelines to foster innovation in the financial technology (Fintech) sector. This initiative, part of the central bank’s Vision 2028 strategy, aims to create a more collaborative regulatory environment for startups and… Read More

December 12, 2023 @ 2:00 am By JD Alois  |  

Aria, a Fintech based in France that is a payments and credit platform, has raised €15 million in funding, according to a note from the company. 13books Capital led the funding round with the participation from Adevinta Ventures, Otium Capital, Ankaa Ventures, and individual investors,… Read More

December 10, 2023 @ 4:54 pm By Michael Wong  |  

Tokyo-based fintech startup Yoii has announced raising $5.5 million in a Series A funding round anchored by Emellience Partners. The startup, which provides a revenue-based financing (RBF) platform, said the round was also backed by Itochu Technology Ventures, FFG Venture Business Partners, and five other… Read More

December 10, 2023 @ 4:44 pm By Michael Wong  |  

The Monetary Authority of Singapore (MAS) has announced a series of new initiatives in digital finance and capital markets, aimed at strengthening financial cooperation with China. These initiatives were unveiled at the 19th Joint Council for Bilateral Cooperation (JCBC) in Tianjin, co-chaired by Singapore Deputy… Read More

December 9, 2023 @ 8:55 pm By Omar Faridi  |  

In today’s business landscape, customers demand a seamless checkout experience, and it’s crucial for businesses to “adapt to the evolving needs of the customers,” according to an update from Razorpay. From the outset, Razorpay claims it has “been unwavering in its commitment to providing seamless… Read More

December 9, 2023 @ 3:14 pm By Tony Zerucha  |  

This week, TreviPay, a global B2B payments and invoicing network, released a series of technology features designed to help merchants build experiential loyalty with enterprise buyers, including TreviPay’s new all-in-one payments solution. The company said that by providing payment choice, convenience and customization, merchants across different industries, including… Read More

December 6, 2023 @ 10:09 pm By Omar Faridi  |  

Two-thirds (66%) of quick-service and fast-casual restaurant industry employees are at least somewhat stressed about their finances, according to a new independent study conducted by YouGov, commissioned by DailyPay. The research, which surveyed quick service restaurant (QSR) and fast-casual restaurant employees, indicates “that the majority… Read More

December 5, 2023 @ 7:17 pm By Michael Wong  |  

Philippine-based fintech superapp GCash has teamed up with agritech startup Mayani to provide local farmers and fisherfolk with access to a financial platform that will support their needs, according to an announcement. The two tech players teamed-up with a joint mandate to create the Philippines’… Read More

December 5, 2023 @ 6:22 pm By Omar Faridi  |  

Nuvei Corporation (Nasdaq: NVEI), the Canadian fintech company, announces today that it has partnered with Microsoft in order “to deliver leading payment experiences for customers of its products, solutions, and services across many of its key markets.” Microsoft will start using Nuvei’s customizable and agile… Read More

December 5, 2023 @ 7:35 am By Omar Faridi  |  

Halfords Group PLC, the UK’s largest provider of motoring and cycling products and services has selected Kriya, the embedded finance provider, “to power payments and credit for its trade account customers.” Under the partnership Kriya will “embed its financial tools across Halfords stores, customer teams,… Read More

December 4, 2023 @ 11:52 pm By Omar Faridi  |  

Alchemy Pay, the crypto payment solutions provider, has expanded its payment options in the Europe and UK regions. The introduction of the Euro Instant solution SEPA Instant and the UK fast e-money transfer solution Faster Payments enhances its On-Ramp service, “allowing users to swiftly execute… Read More

December 4, 2023 @ 6:01 pm By Michael Wong  |  

The digital lending market in the Philippines is poised for a significant expansion, with expectations to grow by 45.4%, reaching $488.8 million this year, from just $336 million a year earlier. This forecast, as per the latest report by PayNEXT360, a research and consulting firm… Read More

December 3, 2023 @ 10:48 pm By Michael Wong  |  

Paysend, a London-based fintech company specializing in international money transfers for both consumers and businesses, has announced a substantial $65 million funding boost in its latest round. This round was backed by influential brands, including Mastercard and TelevisaUnivision, and sees continued support from existing investors… Read More

December 3, 2023 @ 11:37 am By Michael Wong  |  

Verto, a London-based fintech and payment solutions provider, has partnered with United Bank of Africa (UBA) to officially enter Kenya and the East Africa market, according to an announcement. The partnership marks a crucial step forward in providing enhanced financial transaction platforms for entrepreneurs, small… Read More

December 2, 2023 @ 3:48 pm By Michael Wong  |  

Paytabs, a payment solutions provider in the MENA region, announced the launch of PayTabs Issuance — secure prepaid card issuing solutions aimed at scaling business operations regionally. Abdulaziz Al Jouf, CEO and founder of PayTabs Group, emphasized the potential of the issuing market in the… Read More

December 2, 2023 @ 8:58 am By Michael Wong  |  

Buenos Aires-based fintech firm Uala has launched a no-fee credit card in Argentina, targeting the massive population of unbanked Argentines, according to a Bloomberg report. The company, which is backed by investors George Soros, Steve Cohen, and Tencent Holdings, is offering its no-fee credit card… Read More

November 30, 2023 @ 10:31 pm By Omar Faridi  |  

Checkout.com, the global payments service provider, announced today a strategic partnership with Standard Chartered as their cash management bank “to bring improved operational and performance to Checkout.com’s merchants in the region.” The partnership leverages technology to “integrate payment systems and deliver an infrastructure that will… Read More

November 30, 2023 @ 3:57 pm By Omar Faridi  |  

From Black Friday through Cyber Monday (BFCM), Stripe processed more than 300 million transactions with “a total payment volume of more than $18.6 billion.” It was reportedly the “largest ever” four-day period on Stripe. A Stripe public microsite “tracked these and a dozen other BFCM… Read More

November 29, 2023 @ 11:02 am By JD Alois  |  

Dojo has received approval to operate with an e-money license (EMI) from the Central Bank of Ireland, according to a statement issued by the company. Dojo offers a multi-cloud-native payments platforms to provide in-person and digital payments solutions alongside features like revenue-based funding and booking… Read More

November 29, 2023 @ 7:12 am By Omar Faridi  |  

Bigcrafters, the new digital delivery platform for artisan products powered by Estrella Galicia, has selected Mangopay, a modular and flexible payment infrastructure provider for marketplaces and platforms, as its new payment partner. Through its new Spanish marketplace, Bigcrafters aims to “make it easy for consumers… Read More