Tagged: payments

April 25, 2023 @ 8:35 am By Omar Faridi  |  

DivideBuy has released the results of a new consumer insights survey, “showing that 38% of UK consumers will make more use of interest free credit options to manage their finances in the next 12 months.” The Fintech is “Lendtech point of sale (POS) finance firm.”… Read More

April 24, 2023 @ 6:47 pm By Omar Faridi  |  

Nubank (NYSE: NU), which claims to be one of the world’s largest digital financial services platforms, announces NuPay – which is described as “the exclusive online payment service for Nubank customers – as the newest payment method on iFood, a Brazilian technology company.” As of… Read More

April 24, 2023 @ 8:33 am By Omar Faridi  |  

The team Klarpay recently shared what they have achieved so far in Q1 2023. During the first quarter of 2023, Klarpay AG announced it “achieved profitability in its first year of operations, despite the challenging economic conditions of the global markets.” The company claims it… Read More

April 24, 2023 @ 8:32 am By Omar Faridi  |  

After “proactive” efforts to petition the Central Bank of the Russian Federation (The Central Bank), in September 2022, Revo Russia (OOO Revo Technologies MFC) obtained special permission in order “to accelerate repayment of its obligations to Mintos investors in payments larger than 10 million RUB… Read More

April 24, 2023 @ 8:23 am By Omar Faridi  |  

Rapyd has announced a partnership with Splitit, the global payments installments provider, in order “to allow merchants from all over the world to offer shoppers easy installment payments online.” The partnership will aim to “bring Splitit’s Installments-as-a-Service platform to Rapyd’s extensive network of merchants and… Read More

April 23, 2023 @ 2:54 pm By Omar Faridi  |  

Gr4vy, the Cloud-native payments infrastructure company, announced Setplex, a full-service IPTV/OTT solutions provider, has selected the company’s cloud-native payment orchestration platform (POP) “to accelerate time-to-market, onboard new merchants and quickly implement locally preferred payment methods.” John Lunn, founder and CEO of Gr4vy, said: “Offering local… Read More

April 21, 2023 @ 8:20 am By Omar Faridi  |  

Airwallex announced the launch of its global payments services in Canada. The launch will empower Canadian businesses “to tap into Airwallex’s global payments and financial platform, offering a faster, more cost-effective and transparent alternative to the traditional banking platform.” Businesses in Canada can now “access… Read More

April 19, 2023 @ 7:02 pm By Omar Faridi  |  

Hollywood actor, producer and entrepreneur Ryan Reynolds has announced that he has invested in Canadian Fintech company Nuvei Corporation (Nasdaq: NVEI). This I assure you… @nuvei will never ever build a rocket. pic.twitter.com/pyVdLSraW8 — Ryan Reynolds (@VancityReynolds) April 17, 2023 Reynolds, who is “globally recognized… Read More

April 18, 2023 @ 11:45 pm By Omar Faridi  |  

PeerBerry recently revealed that its business partners are repaying €1.8 million worth of war-affected loans. PeerBerry writes in a blog post that under the current Group guarantee mechanism in 14 months of the war, the investment platform’s business partners have already repaid €36.8 million, or… Read More

April 17, 2023 @ 9:24 pm By Omar Faridi  |  

The Payments Association, which celebrates innovation and collaboration across the payments industry, has released a new whitepaper examining the current arrangements for sharing data to prevent economic crime in the UK, “citing collaboration between regulated entities and between public and private sector is key to… Read More

April 17, 2023 @ 5:28 pm By Omar Faridi  |  

Volante Technologies, the global firm focused on cloud payments and financial messaging,  announced that it is empowering SouthState Bank “to deliver faster and more flexible payment options to its one million customers via The Clearing House RTP platform and Federal Reserve Financial Services’ FedNow Service.”… Read More

April 17, 2023 @ 4:19 pm By Omar Faridi  |  

Binance, the blockchain ecosystem and cryptocurrency infrastructure provider, has onboarded the international payment service ivendPay as “a global cryptocurrency payment gateway for Binance Pay – a contactless, borderless, and secure user-to-user cryptocurrency payment feature on the Binance App.” The partnership will contribute “to making cryptocurrencies… Read More

April 15, 2023 @ 1:59 pm By Omar Faridi  |  

Stripe now enables merchants to embed the acceptance of digital payments, “with a full suite of developer-first tools that makes the entire payments experience seamless.” Stripe is not only a key player within Fintech, but has also “grown to become one of the most valuable… Read More

April 14, 2023 @ 12:59 pm By Omar Faridi  |  

New research on gig workers from Branch, the workforce payments platform that helps businesses accelerate payments to empower their workers, reveals the latest industry trends. The 3rd annual Branch x Marqeta Gig Payments Report surveys “the work and payments preferences of over 1,000 gig workers… Read More

April 13, 2023 @ 8:46 am By Omar Faridi  |  

Jeremy Fox-Geen. Chief Financial Officer at Fintech firm Circle and Kash Razzaghi, the firm’s Chief Business Officer, have noted that digital currencies and the blockchains on which they travel can offer considerable utility “as a new, unified infrastructure for payments, commerce and capital markets built… Read More

April 12, 2023 @ 3:09 pm By JD Alois  |  

Wise, a Fintech best known for global transfers and payments, is being enlisted by Bluevine to provide international payments within 26 different countries. Bluevine is a neobank, partnering with chartered banks, that works with SMEs to enable business checking, bill pay, and lines of credit…. Read More

April 11, 2023 @ 10:15 pm By Omar Faridi  |  

FYST, a “one-stop” payments consultancy for ecommerce businesses, has released the first part of a new three-part report, ‘The Map of World Payments’, that drills deep into ecommerce payment trends, with this instalment focusing on the MENA region, and shows how merchants serving these regions… Read More

April 11, 2023 @ 8:10 am By Omar Faridi  |  

A new study from Juniper Research, foremost “experts” in the payments market, found that the transaction value of recurring payments “will exceed $15.4 trillion globally in 2027, from $13.2 trillion in 2023.” This relatively slow growth of 17% “reflects that recurring payments are a well-established… Read More

April 10, 2023 @ 4:38 pm By Omar Faridi  |  

Repay Holdings Corporation (NASDAQ: RPAY), a provider of vertically-integrated payment solutions, today announced a new technology integration with Optima Global Solutions, a software and services firm specializing in providing IT consulting and digital transformation solutions. The integration will “enable Optima’s customers to further streamline accounts… Read More

April 9, 2023 @ 9:52 pm By Omar Faridi  |  

In March, PeerBerry investors reportedly funded €65.53 million of loans, “i.e., €10.23 million or 18.5% more than the previous month.” In March, their investors “received €877 001 in interest.” 1071 new investors joined the platform last month. The average annual ROI on PeerBerry “in March… Read More