Tagged: virtual cards

April 14, 2021 @ 7:06 am By Omar Faridi  |  

Cardlay has secured €8 million in capital from a venture fund that’s managed by former Mastercard executive Javier Perez, according to a release. As mentioned on its official website: “Cardlay is a world leading Fintech partner of commercial card services and payment infrastructure. We supply… Read More

April 4, 2021 @ 10:54 pm By Omar Faridi  |  

Digital banking challenger Revolut notes that whether you are just opening your doors to clients, growing a company or investing in a new initiative, let’s “launch into action” during this spring season. Revolut writes in a blog post that Revolut‘s virtual and physical debit cards… Read More

March 23, 2021 @ 2:13 pm By Samantha Hurst  |  

  Hong Kong-based Crypto.com announced on Tuesday its virtual cards are now available in Europe. Crypto.com reported its app users may now apply for a Crypto.com Visa Card and once approved, make online purchases before their physical cards arrive. The card is issued by PayrNet Ltd… Read More

February 28, 2021 @ 9:51 pm By Omar Faridi  |  

Divvy, a modern payment and expense management platform for businesses, which notably secured $165 million through its Series D funding round, notes that as businesses have started moving away from legacy spending methods such as ACH or paper checks, the virtual credit card has become… Read More

January 30, 2021 @ 3:02 pm By Omar Faridi  |  

Divvy, a modern payment and expense management platform for businesses, which notably secured $165 million through its Series D funding round, making it one of only 14 Fintechs this month to raise a mega-round ($100M+ or more) in January 2021, notes that during the last… Read More

December 23, 2020 @ 10:46 pm By Omar Faridi  |  

CIMB Bank Vietnam and Viva Republica, the operator of the Toss app (a payments service), have launched the CIMB-Toss debit card after the success of the CIMB and Toss virtual card – which was introduced in July of this year. Launched earlier this month, the… Read More

October 20, 2020 @ 11:44 pm By Omar Faridi  |  

American Express (NYSE:AXP) and Coupa have announced that they’ll be expanding their existing partnership in order to bring virtual card payments to the US. According to a release, the American Express virtual Card payment option within Coupa Pay is now available globally, allowing companies to… Read More

September 30, 2020 @ 9:33 pm By Omar Faridi  |  

Electronics giant Samsung has teamed up with Visa and Solarisbank, a German banking platform, in order to allow residents in Germany to link their accounts to contactless mobile payments services. Customers who sign up for Samsung Pay will get a virtual Visa debit card that… Read More

September 26, 2020 @ 9:40 am By Omar Faridi  |  

Singapore-based payments platform Nium has partnered with Aspire, a neobank for businesses, in order to enable payments with Google Pay. Aspire claims that it’s the first business neobank to launch in Southeast Asia. The company announced its plans to go “plastic-less” by issuing corporate Visa… Read More

September 21, 2020 @ 8:35 pm By Omar Faridi  |  

Binance, the world’s largest cryptocurrency exchange, will be offering Visa Cards in Europe. They will allow users to earn up to 8% cashback. The exchange said that Binance Visa Cardholders will be able to get highly competitive cashback rates, but it’s only offered to consumers… Read More

July 5, 2020 @ 4:07 pm By Omar Faridi  |  

Transactions made with virtual cards are on track to more than triple in the next five years. Digital cards are expected to process $5 trillion in transactions by 2025, according to a new report from Juniper Research. This year, virtual card transactions are projected to… Read More

June 27, 2020 @ 1:06 pm By Omar Faridi  |  

Slice, a Fintech company that provides various card-based products to young people in India to help manage their credit scores, has secured $6 million in capital via a round led by Japanese venture capital firm, Gunosy. Other investors that took part in the round included… Read More

September 26, 2018 @ 1:57 pm By Samantha Hurst  |  

Galileo, a U.S.-based payments processors and program management firm, announced on Wednesday the launch of its new virtual commercial card solution, which offers fraud detection and industry-leading features, including easy API implementation and software integration, on-demand virtual card creation and real-time alerts.  According to Galileo, the Galileo… Read More