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FinTech
Adyen Releases New Embedded Financial Products
2022-04-01T03:28:00.000+02:00
The company unveiled 'Adyen for Platforms' and 'Issuing'.
'Issuing' will be included in a full suite of embedded financial products.
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Temenos Partners with Mastercard to Boost Request to Pay Adoption
2022-03-30T10:32:49.638+02:00
The collaboration will accelerate the introduction of Request to Pay services in the UK.
Request to Pay enables efficient management of bill payments.
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Mashreq Bank Introduces NEOPAY
2022-03-29T07:48:18.809+02:00
The service will provide issuer processing and acquiring processing services to financial firms.
NEOPAY will leverage the latest technology and innovation.
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Zepto Receives $25 Million in Series A Investment
2022-03-28T09:53:01.659+02:00
AirTree Ventures and Decade Partners have invested in Zepto.
The company aims to drive its international expansion through recent funding.
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Jeeves Gets $180 Million in Series C Funding
2022-03-25T09:34:42.450+02:00
The fintech platform also received a valuation of $2.1 billion.
The recent announcement comes nearly 7 months after the company’s Series B round.
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Reach Raises $30 Million to Accelerate Expansion
2022-03-23T13:09:29.227+02:00
The investment round was led by Vistara Growth.
The funding includes investment from Bluesky Equities, Tribune Capital and Rising Tide.
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Citi Ventures Joins $44 Million Series B Funding Round of ChargeAfter
2022-03-23T09:03:52.935+02:00
The company aims to increase the global BNPL financing network.
The investment round was led by The Phoenix.
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Trust Payments Launches Stor eCommerce Solution
2022-03-22T01:12:00.000+02:00
ISOs, banks and others can now sell Stor directly to US merchants via Trust Payments.
In early 2022, Trust Payments acquired the Stor technology.
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Mastercard Announces BNPL Partnerships
2022-03-19T13:38:32.255+02:00
The company has collaborated with leading Buy Now Pay Later specialists.
Mastercard Installments enable consumers to digitally access BNPL offers.
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XTM Accelerates US Roll Out with Apple Pay and Google Pay
2022-03-16T16:35:12.958+02:00
The roll out will support payments.
All ‘Today Card’ holders will be able to make payments through mobile devices.
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FinTech
German Prosecutors Indict Wirecard’s Former CEO
2022-03-14T23:43:00.000+02:00
Markus Braun could face several years in prison if found guilty.
He was accused in a 474-page indictment.
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Cardlay Receives $6 Million Capital Injection
2022-03-10T11:16:32.087+02:00
The fintech firm has appointed Morten Gade Christensen as the new CTO.
The capital injection will drive the company’s product development and expansion.
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Sila Partners with Corpay to Expand Cross-Border Payment Capabilities
2022-03-09T21:41:00.000+02:00
The partnership will expand Sila's access to global FX markets.
Payment options for domestic and international transactions will be integrated.
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Thought Leaders
Yotam Dar Speaks on Staying Safe from Money Remittance Operation Scams
2022-03-09T21:14:44.787+02:00
An analysis on some of the most common types of money remittance operation scams.
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Payments Startup Stax Gets Unicorn Status after Raising $245M
2022-03-08T14:44:38.585+02:00
It has processed more than $23 billion in payments since 2014.
The startup is now aiming to expand its offerings.
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Tabby Raises $54 Million in Latest Investment Round
2022-03-07T13:19:23.898+02:00
The fintech firm is based in the UAE.
Sequoia Capital India and STV led the recent financing.
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Aston Villa Collaborates with Jeton Wallet
2022-03-05T20:44:31.344+02:00
The partnership aims to increase the adoption of cashless transactions.
The company is based in London.
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Flywire’s Revenue Climbs 53% in FY 2021
2022-03-03T10:17:13.423+02:00
Total payment volume increased sharply during the mentioned period.
However, the company’s net loss came in at $28 million in the fiscal year 2021.
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Shift4 Acquires Finaro in a Deal Worth $575 Million
2022-03-02T11:52:57.847+02:00
Both companies will support merchants with efficient payment solutions.
Through the acquisition, Shift4 will be able to expand its current services worldwide.
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Asian Firm Tranglo Expands the ODL Service of Ripple
2022-03-01T09:58:43.872+02:00
The company has enabled Ripple’s ODL service across its different payment corridors.
Last year, Ripple acquired a 40% stake in Tranglo.
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Klarna’s Net Operating Income Hits $1.6 Billion in 2021
2022-02-28T15:59:13.450+02:00
The US became Klarna’s fastest-growing key market by volume.
Gross merchandise volumes touched $80 billion in 2021.
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Executive Moves
Omise Welcomes Jitsupa Cheowit as the Country Manager for Thailand
2022-02-28T09:53:21.879+02:00
She previously worked with American Express.
Omise also highlighted the growing adoption of digital payments in Thailand.
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FinTech
Worldline in Talks to Sell TSS Terminals Business to Apollo
2022-02-21T18:00:00.000+02:00
Worldline will sell a subsidiary business to raise new capital and cut debt.
The firm has entered talks with Apollo Funds interested in taking up the business.
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BNPL Firm ViaBill Receives $120 Million in Equity and Debt Financing
2022-02-21T17:07:49.019+02:00
London-based Fasanara capital led the recent investment.
BNPL transactions are surging across the world.
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i2c Joins Hands with Fintech Startup KARTY
2022-02-14T09:51:42.003+02:00
The company has partnered with KARTY for the launch of a digital visa wallet.
The Qatar-based fintech firm is backed by the country’s leading institutions.
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