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Payments
Ebury Acquires Bexs to Expand Global Payments Offering
2022-05-12T09:27:44.643+02:00
The move will enhance Ebury’s presence in Brazil.
The acquisition is subject to regulatory approval.
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Flywire’s Revenue Jump 43% YoY in Q1 2022
2022-05-11T08:26:16.495+02:00
The total payment volume during the first quarter climbed 46%.
However, the company posted a net loss of $10.1 million in the recent quarter.
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Ayden Enhances Global Collaboration with Afterpay
2022-05-10T07:56:54.679+02:00
The companies are working together to process payments across key markets.
BNPL payment methods are gaining popularity in Europe and North America.
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Thought Leaders
BridgerPay Launches First Self-Onboarding Payment Operations Platform
2022-05-09T10:04:59.237+02:00
The development of the world's first platform in this space comes after a $6M seed round.
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News
MoneyGram’s Digital Revenue Reaches Record High in Q1 2022
2022-05-07T18:53:39.223+02:00
Gross profit for the latest quarter came in at $146.2 million.
Diluted earnings per share reached $0.05.
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Tiger Global Leads Kard’s $23 Million Funding Round
2022-05-07T12:21:30.238+02:00
The company aims to expand its merchant network and product suite.
Fin Capital also participated in the investment round.
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Kevin Secures $65 Million in Series A Funding
2022-05-06T11:08:16.473+02:00
The payments startup aims to enhance its operations.
The investment round was led by Accel.
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Executive Moves
Payer Appoints Dominik Belloin as New Chairman of the Board
2022-05-06T07:36:58.055+02:00
The newly announced Chairman succeeds Annika Javestad.
Belloin has more than three decades of experience in the financial sector.
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Fiserv to Support Businesses through BNPL Enablement
2022-05-05T07:49:20.392+02:00
The company aims to simplify the way businesses enable Buy Now Pay Later.
To achieve its mission, Fiserv has announced a new partnership with Affirm.
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Executive Moves
Bink Names Jose Jimenez Mancha as Chief Commercial Officer
2022-04-28T11:58:08.079+02:00
Mancha previously worked at HSBC.
The company also appointed Marty Kerr as Regional Head of Asia Pacific.
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PayPal Posts 8% Jump in Q1 Revenue, Exceeds Expectations
2022-04-28T07:54:36.078+02:00
The company is now expecting a hit in payment volume due to inflation.
It closed the quarter with 429 million active accounts.
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Nium Signs Definitive Agreement to Buy Socash
2022-04-26T10:54:12.524+02:00
Socash is an alternative payments network platform based in Singapore.
The acquisition is expected to be completed in Q3 2022.
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Amazon Japan Picks Ayden Payments Platform
2022-04-26T07:36:39.842+02:00
The company will improve the checkout experience of its customers through Ayden’s technology.
Ayden is a financial technology platform listed on AMS.
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Payroc WorldAccess Purchases Worldnet
2022-04-23T06:55:06.092+02:00
The acquisition will facilitate Payroc’s expansion in the payments industry.
Payroc is backed by the private equity firm, Parthenon Capital.
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Citi Partners with EBANX to Facilitate Institutional Clients in Latin America
2022-04-22T10:06:19.915+02:00
The company has collaborated with EBANX to provide an end-to-end digital collection solution.
Citi aims to expand the e-commerce payment offering for its institutional clients.
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Marqeta Introduces New Solution for Card Issuers to Combat Payment Card Fraud
2022-04-21T14:25:40.960+02:00
The new suite of products will make payments more secure.
Marqeta’s data-driven RiskControl offering allows users to enhance risk management.
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Institutional FX
Cornerstone FS Posts Strong Q1 Revenues
2022-04-20T12:14:46.940+02:00
The total unaudited revenue for the first quarter of 2022 reached £946k.
The recent number is the highest ever unaudited quarterly revenue for the Group.
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FinTech
Alchemy Pay Partnered with ePayments to Leverage Crypto Payments
2022-04-20T09:53:21.239+02:00
The partnership gives Alchemy Pay access to customers in Australia and New Zealand.
Merchants at ePayments will benefit from Alchemy Pay's portal.
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UniCredit Renews Partnership with Worldline
2022-04-19T12:24:30.295+02:00
The company has extended the collaboration for open banking.
Via a single API, Worldline enables UniCredit and its clients to execute PIS and AIS services.
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FinTech
Ant Group to Acquire Majority Ownership of Payments Platform 2C2P
2022-04-19T03:17:00.000+02:00
The companies made the announcement on Monday.
Over the years, Ant Group has expanded its presence in Southeast Asia.
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CryptoCurrency
Data Mynt Announces Support for Bitcoin Lightning Network
2022-04-18T16:47:11.024+02:00
Merchants can pay and receive payments from Lightning Network wallets.
By the end of Q2 of 2022, Data Mynt is expected to have tens of thousands of merchants.
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Zevoy Receives €15 Million in Funding
2022-04-13T10:47:42.721+02:00
Blossom Capital led the investment round.
The fintech company is planning to enter new markets in Q2 of 2022.
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BlackRock Joins Circle’s $400 Million Funding Round
2022-04-13T07:56:35.988+02:00
Fidelity, Marshall Wace and Fin Capital also participated in the investment round.
Circle is the issuer of the stable coin (USDC).
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Tranglo Introduces Business Payment Solution
2022-04-11T13:33:24.878+02:00
The solution will facilitate businesses in global payments.
According to Tranglo, its new service will assist corporates of all sizes.
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CryptoCurrency
Luxury Car Dealer Dutton Garage to Accept Cryptocurrency Payments via CoinSpot
2022-04-11T11:34:52.421+02:00
Dutton partners with CoinSpot, allowing Australians to pay in over 30 cryptocurrencies.
Both CoinSpot and Lunu address price volatility at the time of the sale.
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