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POS/mPOS and online acquiring
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990

European Mobile Payment Startup SumUp Discloses A Total $45M In Funding

TECHCRUNCH: In the rush of companies crowding into the mobile payment space, a startup out of Europe has announced more funding to grow its footprint and add contactless hardware.SumUp, a startup originally founded in 2012 in Berlin that competes against the likes of iZettle and Rocket Internet’s Payleven, has raised an undisclosed amount led by Swiss backer Venture Incubator. The exact figure is not being disclosed, but SumUp’s CEO Daniel Klein confirms that the total raised by the company to date is now $45 million (€40 million) and that this latest round values the company in the “healthy hundreds of millions.”

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Deals, Fintech news, POS/mPOS and online acquiring

June 10, 2015

960

PayPal’s One Touch Instant Web Checkout Service & Stripe’s New iPhone App

TECHCRUNCH: As PayPal moves closer to its spinoff from parent eBay, the company continues to expand the services it will have to generate revenue as a standalone business. In the latest development, today PayPal is expanding One Touch on the web — a widget that lets people use PayPal to pay for goods on third-party websites without needing to re-enter passwords or their user IDs — outside of the U.S. The first markets for its international rollout will be the Canada and the UK. (more…)

Fintech news, news, POS/mPOS and online acquiring

June 9, 2015

912

Turkish Online Payment Company And Stripe Competitor Iyzico Closes $6.2 Million Series B

TECHCRUNCH: Turkey’s Iyzico, which provides a platform to let e-commerce sites and other apps easily accept online payments, has raised a $6.2 million Series B. Leading the round is International Finance Corporation (IFC), the World Bank’s investing arm, while Istanbul-based VC 212, Endeavor Catalyst, and Austria’s Speedinvest also participated. The startup has now raised $9.4 million in total since it was founded in 2012. (more…)

Deals, Fintech news, news, POS/mPOS and online acquiring

May 26, 2015

1060

PayPal CEO Dan Schulman, “We Have A Lot Of Work Ahead Of Us”

TECHCRUNCH: Digital commerce company PayPal is moving to establish itself as “more than just a button” to a global payments platform as it readies a split from parent company eBay later this year. “We’re coming into the market at a time when the financial services industry is going through some fundamental shifts,” new PayPal CEO Dan Schulman said at PayPal’s Commerce: Rewind event today. “We’re really thinking how do we re-imagine PayPal almost as a service. PayPal as a SaaS platform.” (more…)

Fintech news, news, POS/mPOS and online acquiring

May 21, 2015

867

Stripe In Talks For New Funding At A $5 Billion Valuation

TECHCRUNCH:  API-for-payments startup Stripe is raising a new round of funding, according to sources with knowledge of the talks. One source with direct knowledge of the talks tells us that one of the leading investors in the deal is Yuri Milner’s DST Global. (more…)

Deals, Fintech news, news, POS/mPOS and online acquiring

May 20, 2015

948

PayPal Brings Its Instant Checkout Service “One Touch” Across The Web

TECHCRUNCH: PayPal is rolling out seamless, one-touch payments across the web, allowing customers to checkout from a merchant’s website without having to enter in their user ID and password again. The system, called One Touch for Web, is an expansion of PayPal’s earlier efforts on mobile. (more…)

Fintech news, Mobile payments/banking, news, POS/mPOS and online acquiring

April 28, 2015

2022

Square Acquires Fastbite To Add Cheap, Fast Meals To Caviar

TECHCRUNCH: When Square bought food delivery startup Caviar last summer, it seemed like a strange acquisition for the payments company. But over time it’s become clear that Square is committed to competing in the increasingly crowded food-delivery segment. Thanks to its recent acquisition of San Francisco-based food delivery startup Fastbite, it’s adding a whole new option to Caviar that will reduce the cost of meals and time customers spend waiting for them to be delivered. By doing so, it will compete more directly with local food delivery services like Sprig and Spoonrocket. (more…)

Fintech news, news, POS/mPOS and online acquiring

April 9, 2015

2228

Square rolls out Open Tickets so you can keep your tab open at bars

VENTURE BEAT: Square is making another bid for the restaurant and bar scene with its latest product. Today, the mobile register launched Open Tickets, which allows customers to keep an open tab. The product is said to be rolling out this week. (more…)

Fintech news, news, POS/mPOS and online acquiring, Pre-order services

April 2, 2015

1867

Commonwealth Bank of Australia To Sell New Albert Payments Device To Global Banks

The Sydney Morning Herald: Commonwealth Bank of Australia expects tens of thousands of its new Albert point-of-sale devices to appear in Australian restaurants, cafes and retail stores, transforming payments and gathering richer data. (more…)

Fintech news, news, POS/mPOS and online acquiring

April 1, 2015

2599

LifePay Launched Internet Acquiring And Lending Services

LifePay has launched 2 new products in its line: online acquiring and SME-lending for working capital (in a month they are launching POS-lending – when entrepreneurs sell their goods and services on credit – this model is used by FinanceIt) (more…)

Fintech news, Hotnews, Mobile payments/banking, p2p/online lending, POS/mPOS and online acquiring

March 27, 2015

1972

ShopKeep Buys Payment Revolution, Adds Payment Processing To Its Point Of Sale Solution

TECHCRUNCH: ShopKeep (cash-register & mPOS) bought payment processor company Payment Revolution and is going to add payment processing to its current POS offer

(more…)

Deals, Fintech news, Mobile payments/banking, Mobile-first banks, POS/mPOS and online acquiring

March 25, 2015

1899

Fundbox Raises $40 Million To Pay Invoices On Demand

TECHCRUNCHFundbox, a company that loans businesses money for outstanding invoice payments, has raised $40 million to grow its own business in the trillion-dollar alternative lending market. The Series B round was led by General Catalyst with participation from NyCa Investment Partners and help from existing backers Khosla Ventures, Shlomo Kramer and Blumberg Capital. (more…)

Deals, Fintech news, news, POS/mPOS and online acquiring

March 19, 2015

1742

The Woolet Is A Wallet That Yells At You When You Leave It Behind

TECHCRUNCH: The Internet of Things promised us a deeper connection with our objects. We would be hugging our toasters, marrying our fridges, and sleeping with our bathroom scales. But nothing out there so far could talk back to us until the Woolet. The Woolet is a wallet that contains a small beacon that connects to your phone. When you leave (or lose) your wallet, the phone will buzz to let you know. More interestingly, the Woolet has a small buzzer built in that will notify you if you leave the house without your phone – a pretty useful feature if your Fitbit keeps making you leave the house. Finally Woolets can send out APB signals that ask other Woolet owners to report its location to you. For example, if you lose it in a crowded space other Woolet owners can pick up its signal and relay its location to you. (more…)

Fintech news, POS/mPOS and online acquiring

March 13, 2015

1933

GSF India Is Now Hunting Internet Of Things Startups For Its Accelerator Program

TECHCRUNCHGSF India, the Bangalore-headquartered accelerator program and angel investment firm, is broadening its scope to cover young startups in India’s internet of things space. The organization has partnered global tech giant Cisco for batch four of its incubator program — and, importantly, extended the deadline for applications until March 17. (more…)

Fintech news, POS/mPOS and online acquiring

March 12, 2015

1938

Amazon Has Quietly Acquired 2lemetry To Build Out Its Internet Of Things Strategy

TECHCRUNCHAmazon is taking another step into the Internet of Things. TechCrunch has learned, and confirmed, that the e-commerce and cloud services giant has acquired 2lemetry, a startup based out of Denver that has developed an enterprise-focused platform to track and manage IP-enabled machines and other connected devices. (more…)

Deals, Fintech news, POS/mPOS and online acquiring

March 12, 2015

1752

Square Buys Kili Technology For Payment Hardware; HQ To Become Toronto Office

TECHCRUNCH: Mobile payments and retail tech company Square has acquired Kili Technology, a Toronto-based startup specializing in silicon, electronic and software design for improvement payment processing. The newly-acquired company will remain in Toronto, which will now act as a second Canadian office for Square, which had previously opened its country HQ in Waterloo, home of one of the most-respected engineering schools in North America.

(more…)

Fintech news, POS/mPOS and online acquiring

March 11, 2015

618

Square rolls out charge-back protection for merchants

VENTUREBEAT: Today, Square announced a new program for merchants that protects them when customers dispute purchases. When buyers contest a charge on their credit or debit card, that money is immediately put on hold. That means the merchant loses the money generated from the sale as well as the product or service it sold. Starting today, Square is giving merchants in the U.S. and Canada access to charge-back protection, which will cover the money being held in instances of fraud. Meaning, sellers won’t lose out on sales that are being contested. Square will cover expenses related to sales disputes up to $250 per month.

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Fintech news, POS/mPOS and online acquiring

March 9, 2015

837

IFTTT’s New Apps Offer A Button For Triggering Other Apps

WIRED: Perhaps you’re one of the many thousands of people who’ve automated some small part of their digital existence with  IFTTT. Maybe you’ve instructed it to post your Instagram shots to Twitter, or to text message you whenever someone in your city puts an acoustic guitar for sale on Craigslist.

Until now, these “recipes” have been dependent on something else happening. If this, then that. But with its new trio of apps, IFTTT wants to let you start taking action yourself. (more…)

Fintech news, POS/mPOS and online acquiring

February 19, 2015

1541

Maybank partners Maxis to introduce mPOS service for SMEs

THE ASIAN BANKER: Maybank has partnered with Maxis Berhad to launch the Maybank mPOS service which enables SMEs to leverage the benefits of wireless payment mobility for business growth. (more…)

Fintech news, InspirAsia, Malaysia, news, POS/mPOS and online acquiring

January 27, 2015

867

Payment Data Systems buys Akimbo of San Antonio for $3M

SiliconHills: Payment Data Systems, an online payments company, announced Tuesday it has acquired Akimbo Financial for $3M. Payment Data Systems is buying the company with common stock in 2 tranches with up to $300,000 in cash if any liabilities are assumed. (more…)

Deals, Fintech news, news, POS/mPOS and online acquiring

December 16, 2014