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FinTech
KredX Partners with ICICI Bank, to Issue Cash Back Commercial Card for B2B Payments
2022-04-10T16:00:52.958+02:00
KredX is anticipating it will distribute around $260 million B2B payments per month.
The card also offers dispute management, 3-way matching and complete automation.
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RITMO Receives $200 Million in Debt Financing
2022-04-09T07:38:55.877+02:00
The latest round was led by i80 Group and Avellinia Capital.
To date, the fintech platform has raised a total of $225 million in debt and equity financing.
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Worldpay Plans to Offer Merchants Direct Settlement in Stablecoin USDC
2022-04-07T08:20:01.404+02:00
The company has partnered with Circle.
The offering will drive the adoption of digital assets.
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Wise Partners Max to Open Up Israelis to Global Payment
2022-04-05T08:40:21.116+02:00
Max customers to send money abroad in 32 currencies including USD, EUR & GBP.
Wise says overseas transfers will now be cheaper and faster.
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ANZ Worldline Payment Solutions Goes Live in Australia
2022-04-04T15:13:16.369+02:00
The new launch will support merchants in Australia through innovative payment solutions.
From 1 April, ANZ Worldline Payment Solutions has started serving ANZ’s merchant clients.
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Thought Leaders
Unexpected Industries Where PayPal is Now the Preferred Payment Method
2022-04-04T13:48:26.284+02:00
Many consumers prefer online payment options to bank cards because they are more efficient
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Qred Launches New Payments Platform
2022-04-04T13:26:59.798+02:00
The company has raised €10 million.
The new platform has been designed to facilitate small businesses.
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Worldline Acquires Majority Stake in ANZ’s Acquiring Business
2022-04-01T09:59:41.493+02:00
The European payments giant entered the Australian market with this move.
It has established a joint-venture with ANZ Bank.
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Executive Moves
Mastercard Hires Chad Wallace as Executive Vice President of B2B Solutions
2022-04-01T09:01:14.686+02:00
Wallace previously worked with Goldman Sachs and Capital One.
In his new role, Wallace will oversee the company’s commercial product offering.
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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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News
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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