Payments General

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SpotOn raises USD 300 mln in series F

Payments General | 20 May 2022 13:50 CET | United States

US-based payments and software startup SpotOn has closed a USD 300 million Series F financing that values the company at USD 3.6 billion....

Mitrade taps Azupay for real-time payments

Payments General | 20 May 2022 12:35 CET | Australia

Australia-based trading broker Mitrade has partnered with payment platform Azupay to make deposits and withdrawal of funds faster for Australians....

EBA launches report on non-banking lending sector

Payments General | 20 May 2022 12:05 CET | Europe

The European Banking Authority has published a report on the EU non-bank lending sector revising potential risks arising in the non-bank lending sector....

Nium launches real-time payments to Malaysia

Payments General | 19 May 2022 15:12 CET | Malaysia

Singapore-based fintech Nium has made real-time payments available in Malaysia and announced broader local license capabilities....

MarketFinance raises GBP 100 mln from Deutsche Bank

Payments General | 19 May 2022 13:57 CET | United Kingdom

UK-based fintech credit and payment company MarketFinance has received GBP 100 million from Deutsche Bank to support new lending to UK SMEs....

EBA publishes final technical standards on crowdfunding service providers

Payments General | 19 May 2022 11:49 CET | Europe

The European Banking Authority (EBA) today published its final draft Regulatory Technical Standards (RTS) specifying the information crowdfunding service providers shall provide to investors on the calculation of credit scores and prices of crowdfunding offers. ...

Olea and Vayana Network to offer cross-border trade finance in India

Payments General | 19 May 2022 10:50 CET | India

Singapore-based supply chain platform Olea has partnered with Vayana Network to provide exporters and importers with alternative liquidity....

Fintech Scion's acquiring company, HWGC Holdings, raises USD 25 mln

Payments General | 19 May 2022 10:16 CET | World

UK-based Fintech Scion’s acquirer HWGC Holdings has intended to raise USD 25 million of equity capital to expand operations in Europe and Asia.

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BSP confirms introduction of 3 e-payment streams in 2022

Payments General | 18 May 2022 14:33 CET | Philippines

The Bangko Sentral ng Pilipinas (BSP) has reaffirmed the introduction of Bills Pay, Request-to-Pay, and Direct Deposit by the end of 2022....

VoPay and TurnKey Lender deliver AI lending automation platform

Payments General | 18 May 2022 13:05 CET | North America

Canadian company VoPay and US-based TurnKey Lender have partnered to deliver an AI-powered lending automation platform used by traditional, alternative, and embedded lenders....

Routable enables instant payouts with Real-Time Payments

Payments General | 18 May 2022 12:15 CET | World

US-based payments platform Routable has launched Real-Time Payments (RTP), allowing businesses to pay vendors and contractors....

GIST secures funding from FNZ

Payments General | 18 May 2022 12:00 CET | World

Impact data and analytics provider GIST has received a strategic investment from global wealth management firm FNZ, according to Fintech Global....

PhonePe acquires two Indian wealth management companies

Payments General | 18 May 2022 11:18 CET | India

India-based payments company PhonePe has planned to buy two wealth management firms for a total enterprise value of USD 75 million....

Accelerated Payments advances EUR 750 mln to businesses

Payments General | 18 May 2022 10:29 CET | Europe, United Kingdom

UK-based alternative finance company Accelerated Payments has advanced EUR 750 million to businesses, as companies emerge from the COVID19 lockdown....

GoCardless announces its first VRP customer

Payments General | 17 May 2022 13:56 CET | United Kingdom

UK-based savings app Nude has selected GoCardless to support Variable Recurring Payments (VRP) for its users....

Magazine Luiza launches its own fintech

Payments General | 17 May 2022 13:30 CET | Brazil

Magazine Luiza, a Brazil-based retail brand, has launched its own fintech called Fintech Magalu....

Dreams partners with Mastercard to deliver sustainable banking solutions

Payments General | 17 May 2022 13:04 CET | World

Dreams, a Sweden-based financial wellbeing platform and provider of engagement banking solutions, has partnered with Mastercard to focus on delivering a suite of sustainable banking products for financial institutions....

Ant Group partners with BNP Paribas

Payments General | 16 May 2022 13:49 CET | China

Global technology provider Ant Group has partnered with bank BNP Paribas on a bilateral sustainability linked credit facility arrangement, according to the official press release....

Akurateco integrates with Cybersource

Payments General | 16 May 2022 12:21 CET | World

Netherlands-based payment service provider Akurateco has announced it integrated with US-based commerce solutions company Cybersource....

Brex to serve companies across 100 countries

Payments General | 16 May 2022 11:22 CET | World

Brex, a US-based company reimagining finance for growing businesses, has expanded Brex Empower to serve employees from US-based companies in more than 100 countries across card, spend management, and reimbursements....

Wayflyer secures USD 300 mln in debt financing

Payments General | 16 May 2022 11:18 CET | Ireland

Wayflyer, an Ireland-based growth platform for ecommerce businesses, has secured and began deploying USD 300 million in debt financing from JP Morgan....

Airwallex announces new bank feed integration with NetSuite

Payments General | 13 May 2022 10:58 CET | World

Australia-based fintech Airwallex has integrated with accounting software NetSuite to simplify reconciliation of business expenses....

CellPoint Digital partners with Plug and Play

Payments General | 12 May 2022 13:12 CET | World

UK-based fintech CellPoint Digital has joined the startups selected for Plug and Play’s Silicon Valley June 2022 accelerator programme....

FIS launches embedded finance capabilities for SMEs

Payments General | 12 May 2022 12:57 CET | United States

US-based fintech provider FIS has launched an embedded finance offering for SMEs....

Monoova, TrueLayer to launch data-enabled payments in Australia

Payments General | 12 May 2022 12:47 CET | Australia

B2B payments solution provider Monoova and Open Banking enabler TrueLayer have announced the launch of data-enabled payments in Australia using the Consumer Data Right....

 

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