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The Paypers took a deep dive into the most relevant investments announced during Q1 2024. They reveal a surge in funding for companies operating in Europe, the UK, North America, and Latin America. Financing rounds denote an inclination for digital banking, payment technologies, fraud mitigation solutions, and lending services for small businesses.
investment, funding, expansion, The Paypers Quarterly Analysis series, financial services, banking, payments , ecommerce, fraud management
Global commerce platform WEX has become Booking.com’s preferred virtual card provider to simplify travel-related purchases for customers.
travel payments, virtual card, B2B payments, partnership, payments
Viktoriia Degtyareva, the CMO & Co-Founder at Paysecure, has shared with us how Pix is revolutionizing the payment industry and expanding its reach beyond Brazil's borders.
EPI, central bank, instant payments, expansion, cashless, ecommerce
Flutterwave has announced its partnership with Acquired.com in order to provide secure and efficient outward card payments on Send App for EU and UK users.
partnership, payments , online payments, mobile payments, digital payments, ecommerce
UK Finance in collaboration with law firm Addleshaw Goddard has unveiled a report focusing on Variable Recurring Payments (VRPs) within commercial contexts in the UK.
recurring payments, Variable Recurring Payments, PSP, online security
Global modern card issuing platform Marqeta has announced its partnership with UK digital bank OakNorth in order to provide improved banking capabilities for SMEs.
partnership, banking, online banking, mobile banking, digital banking, financial services, financial institutions
US-based One, Walmart’s majority-owned fintech startup, has launched Buy Now, Pay Later (BNPL) loans for high-value items at 4,6000 of the retailer’s stores.
BNPL, payment methods, product launch, mobile payments, online payments
India-based Razorpay has partnered with Airtel Payments Bank in order to launch UPI Switch, aiming to provide businesses with improved payment experiences.
partnership, product launch, banking, online banking, mobile banking, digital banking, financial services, financial institutions
Standard Chartered has announced its partnership with Visa in order to optimise cross-border payments, as it joined the Visa B2B Connect network.
partnership, payments , online payments, mobile payments, digital payments, cross-border payments, cross-border ecommerce, ecommerce
GoCardless has announced an integration with Intuit QuickBooks’ financial management software for users in Australia.
partnership, payments , SMEs, financial services, credit card, debit card
UAE-based du has announced the launch of du Pay to boost UAE’s transition toward a cashless economy and support the national digitalisation agenda.
mobile payments, cross-border payments, product launch, financial inclusion, digitalisation
Turkey-based retail investing startup Midas has raised USD 45 million in a Series A funding round led by Portage.
funding, investment, cryptocurrency, expansion, fintech
Lithuania-based fintech Paysera has incorporated in its app the ability to directly invest in crowdfunded real estate rental projects on the InRento platform.
investment, partnership, fintech, super app, product upgrade
UK-based Trulioo has announced that it joined forces with Nium, a real-time cross-border payments provider, allowing the latter to integrate its Person Match identity verification feature.
partnership, identity verification, AML, KYC, compliance, digital wallet, payments
Brankas has been licenced for Account Information Services (AInS) after the company secured Payment Service Provider (PJP) Category 2 license by Bank Indonesia (BI).
Open Banking, digital payments, bank account, API, settlement
US-based full-stack payment processor Finix has rolled out its Merchant Underwriting that automates underwriting workflows and streamlines merchant onboarding.
merchant onboarding, KYC, risk management, payment processing, digitalisation
US-based digital identity solutions provider Prove Identity has added several of its solutions on the AWS Marketplace to improve customer access and product availability.
product upgrade, digital identity, identity verification, marketplace
US-based payments provider Nium has announced its official registration as a Financial Services Provider in New Zealand.
regulation, financial services, payments , PSP
The Brazilian Open Finance has gained access to Smart Transfer to optimise adherence to the data-sharing system between FIs created by the Central Bank.
product launch, Open Finance, Open Banking, online banking, digital banking, mobile banking, financial services, financial institutions
Online payment method iDEAL has announced that it introduced profile creation capabilities, which allow accelerated and more secure checkout experiences.
product launch, product upgrade, online payments, checkout optimisation , ecommerce