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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
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
US-based fintech Ouro has designated Bnext as strategic issuer in Europe for its portfolio of consumer financial brands and products.
prepaid card, financial inclusion, payment processing, digital wallet, EMI licence
Viva.com, an European bank facilitating merchant payments has partnered with SUNMI, a player in the global hardware technology ecosystem.
partnership, digitalisation, NFC, POS
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
AI-powered global payments network and shopping assistant Klarna has expanded its partnership with Expedia Group to the US market.
partnership, expansion, artificial intelligence, travel payments
US-based Pomelo, a fintech startup that combines international money transfer with credit, has raised USD 35 million in Series A funding round.
remittance, money transfer, credit card, funding, expansion
Revolut, a prominent fintech firm headquartered in London, is considering strategies to capitalize on customer data by potentially sharing it with advertising partners.
prepaid card, authorisation rate, banking license, financial inclusion, mobile banking
Real-time payments platform Volt has announced that it introduced its PayTo-based payment solution to its retail customers in Australia.
financial services, real-time payments, instant payments, fraud management, payment methods, payment fraud
IFGS 2024 brought together industry leaders spanning innovators, fintech executives, institutions, regulators, policymakers, startups, and investors for two days of thought-provoking discussions in one venue.
fintech, financial inclusion, Open Banking, Open Finance, payments , regulation, financial data, cryptocurrency
UK-based local payments platform PPRO has expanded its local payments offering to the US.
expansion, mobile payments, ecommerce, API, merchants
Singapore-based cross-border payments company Thunes has announced its plans to acquire Tilia, an all-in-one payments platform, to accelerate its expansion in the US.
payments , payment methods, payout, online payments, expansion
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
OnePay, a Colombian fintech startup, has introduced a novel payment processing method via WhatsApp, aiming to simplify transactions for users.
mobile payments, funding, partnership, digital payments
US-based expense splitting software Splitwise has entered a collaboration with Tink in a bid to provide the latter’s Pay by Bank service to its users.
partner, partnership, mobile banking, online banking, payments , account-to-account payment, Open Banking
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
US-based Forage has disclosed a collaboration with Uber Eats to facilitate payment processing of Supplemental Nutrition Assistance Program (SNAP) Electronic Benefit Transfer (EBT) payments.
partnership, payment processing, delivery, beneficial owners, payments infrastructure
Austria-based payment brand Bluecode has entered a strategic partnership with Alipay+ to enable its users to make payments at all of the latter’s supported stores across Europe.
partnership, QR code, QR payments, mobile payments, banks
Mastercard has announced the launch of its mobile virtual card application in order to simplify and make travel and business expenses more secure.
product launch, payments , mobile payments, digital payments, online payments, ecommerce