Payment processors/providers/gateways


Adyen launches POS offering in Singapore

By Adyen,

Adyen, the payments platform of choice for the world’s leading companies, today announced the launch of its point of sale (POS) offering in Singapore, extending its unified commerce footprint to 27 countries and more than 4,000 cities. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

March 15, 2018


Square’s Cash app now supports direct deposits for your paycheck

By Fitz Tepper for TechCrunch

It seems like each new feature Square adds to its Cash app brings it one step closer to being a de-facto bank account for its users. (more…)

Deals, Global trends, Payment processors/providers/gateways

March 8, 2018


Google is bringing messaging to its Tez payment app in India

By Jon Russel for TechCrunch

Messaging and payments continue to converge in India after Google added chat features to its Tez payment app in India. (more…)

Hotnews, InspirAsia, Payment processors/providers/gateways

March 7, 2018


Amazon talks to banks over checking account – WSJ

By Wsj,

Amazon has begun talking to banks, including JPMorgan Chase and Capital One, about developing a checking account-style product for its millions of customers, according to the Wall Street Journal. (more…)

Hotnews, Payment processors/providers/gateways

March 5, 2018


C2FO closes $100m funding round

By C2FO,

C2FO, the world’s largest market for working capital, has completed a $100MM funding round led by Allianz X and Mubadala Investment Company, along with strong participation from existing C2FO investors: Temasek, Union Square Ventures, and Mithril Capital. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

February 28, 2018


Wirecard digitizes banking services for ReiseBank’s bankomo app

By Wirecard,

Wirecard, the digital financial technology specialist, is today expanding its collaboration with ReiseBank, the market leader in the field of travel money in Germany. (more…)

Global trends, Payment processors/providers/gateways

February 15, 2018


PayPal Here mPOS hardware gets makeover

PayPal is shipping two new mPOS devices, one which accepts card swipe transactions and another for chip and tap payments. (more…)

Payment processors/providers/gateways

February 8, 2018

Paytm Canada partners Payment Source

Paytm Canada, a payments and financial services company that offers a mobile payments and commerce platform, has partnered with Payment Source an alternative payments provider. (more…)

Payment processors/providers/gateways

February 6, 2018


Startup Intrapay promises fresh approach to payments processing

Intrapay today introduced its purpose-built payment platform to the global payments sector, backed by a management team comprising some of the leading figures in the industry. (more…)

Hotnews, Payment processors/providers/gateways

February 5, 2018


PayPal stutters as eBay scraps 15-year relationship

Digital auction house eBay is terminating a 15-year relationship with PayPal and instead turning to Amsterdam-based Adyen as its primary payments provider at the checkout. (more…)

Global trends, p2p-payments, Payment processors/providers/gateways

February 2, 2018


ING acquires a majority stake in Payvision

ING has spent EUR270 million to acquire a 75% stake in international card acquirer and payments platform Payvision. (more…)

Banks, Payment processors/providers/gateways

January 30, 2018

Digital wealth manager Moneyfarm acquires tech behind fintech chatbot Ernest

By Steve O’Hear for Techcrunch

Moneyfarm, the U.K.-headquartered “digital wealth manager” has acquired the technology behind personal finance chatbot Ernest. Terms of the deal aren’t being disclosed, though I understand that, along with the tech, this is an acqui-hire of sorts, seeing London-based Ernest’s CTO Lorenzo Sicilia join Moneyfarm to oversee technology integration. (more…)

Global trends, Hotnews, Payment processors/providers/gateways, Wealth management

January 24, 2018


PayPal backs pan-European savings deposit marketplace Raisin

By Steve O’Hear for TechCrunch

Raisin, the savings deposit marketplace that lets you shop for a better interest rate across Europe, has picked up backing from PayPal. Described as a “strategic investment,” the new funding round remains undisclosed. (more…)

Fintech news, Global trends, Hotnews, Payment processors/providers/gateways

December 20, 2017


Payoneer banks investment from China Broadband Capital

By Payoneer

Payoneer, an innovative digital payments company transforming the way businesses send and receive cross-border payments, announced today that China Broadband Capital (CBC), one of China’s leading investment funds, has made an investment in the company. (more…)

Deals, Hotnews, Payment processors/providers/gateways

December 6, 2017


Affirm Said To Eye $150M Capital Raise On $1.5B Valuation

Affirm Inc., an online lender, is reportedly in late-stage talks to land a new round of financing that would propel it to unicorn startup status. (more…)

Deals, Fintech news, Global trends, Hotnews, Payment processors/providers/gateways

December 6, 2017


Grab raids Paytm for new CTO

By Grab

Grab, the leading on-demand transportation and mobile payments platform in Southeast Asia, today announced it has appointed Vikas Agrawal as Chief Technology Officer (CTO) for GrabPay, its mobile payments platform. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

November 23, 2017

You can now send PayPal invoices through Facebook Messenger

PayPal users selling their old Lego bricks can now create and send invoices within Facebook Messenger. (more…)

Fintech news, Global trends, Payment processors/providers/gateways

November 22, 2017


PayPal sells US consumer loans to Synchrony Financial

By Paypal

PayPal Holdings, Inc. (NASDAQ: PYPL) and Synchrony Financial (NYSE: SYF) today announced an agreement to significantly expand their strategic consumer credit relationship. Under the terms of the transaction, Synchrony Financial will acquire $6.8 billion in receivables, including PayPal’s U.S. consumer credit receivables portfolio, which totaled approximately $5.8 billion in receivables as of October 31, 2017, and approximately $1 billion in participation interests in receivables held by certain investors and a chartered financial institution. (more…)

Deals, Global trends, Hotnews, Payment processors/providers/gateways

November 18, 2017

Square Now Letting Some Users Buy & Sell Bitcoin Through Cash Mobile App

Financial service company Square is reportedly now testing out bitcoin on some of its Cash mobile app users. The new feature will allow users to buy and sell the cryptocurrency through the app.  (more…)

Fintech news, Global trends, Payment processors/providers/gateways

November 16, 2017


Klarna and PPRO team up for credit payments in Europe

PPRO Group, the leading cross-border e-payment specialists and Klarna, one of Europe’s largest banks, will partner to enable Payment Service Providers (PSPs) to offer credit-based payments through PPRO’s payment hub to European merchants, risk-free. (more…)

Global trends, Payment processors/providers/gateways

November 16, 2017

Singaporean payments startup shifts to business clients with $1m fundraise

Singaporean startup iPaymy has raised US$1 million in a seed round led by Beenext and Digital Garage’s investment arm, DG Incubation. (more…)

InspirAsia, Payment processors/providers/gateways

November 16, 2017


PayPal launches Money Pools feature

PayPal has launched a new feature that lets people club together to track and share the costs of spending on group activities or personal goals. (more…)

Hotnews, Payment processors/providers/gateways

November 13, 2017


Stripe joins $93 million investment into U.K. banking startup Monzo

Monzo, a U.K.-based startup building a mobile-first banking service, has raised £71 million ($93 million) in a round of funding from Stripe, Goodwater Capital, Sequoia’s Michael Moritz, Passion Capital, Thrive Capital, and Orange Digital Ventures. (more…)

Hotnews, Mobile-first banks, Payment processors/providers/gateways

November 7, 2017


PayPal Partners with Kiva on Loans for Entrepreneurs

PayPal has partnered with Kiva to help provide loans to entrepreneurs. This is the second time PayPal and Kiva have empowered PayPal users to provide loans while receiving a Kiva credit. Last year the campaign say more than 10,000 PayPal customers and employees make loans to entrepreneurs around the world. This year, PayPal would like to see that number climb higher. (more…)

Hotnews, p2p/online lending, Payment processors/providers/gateways

October 18, 2017


JPMorgan and Temasek leed $100 million funding round for


Today, the largest U.S. business payments network, announced it has secured $100 million in financing with the goal of finally eliminating all paper from business payments. (more…)

Deals, Fintech news, Global trends, Hotnews, Payment processors/providers/gateways

October 11, 2017


Choosing the most effective payment methods for online casinos

Over the past five years or so, online casinos have become little less than a global phenomenon. While the UK is very much seen as the “home” of the sector, there are new online casinos appearing across Europe almost every day. Interestingly, the global nature of the industry does not stop there, however. (more…)

Payment processors/providers/gateways

October 6, 2017


Adyen rolls out Alipay in stores worldwide

By Adyen

Adyen, the payments platform of choice for the world’s leading companies, today expanded its partnership with the world’s largest third-party mobile and online payment platform, Alipay, to enable retailers worldwide to easily accept non-cash payments from Chinese customers in store. (more…)

Hotnews, Payment processors/providers/gateways

October 5, 2017


GoCardless, a fintech that makes recurring payments easy for subscription businesses, raises $22.5M

By Steve O’Hear for Techcrunch

Well, GoCardless co-founder and CEO Hiroki Takeuchi knows how to work a non-denial denial. When I interviewed him a few weeks ago for an extensive profile piece we ran yesterday, he wouldn’t be drawn on if the hot London fintech was raising a new round. Today — and a little earlier than was planned, thanks to an embargo broken by a London regional paper a week early! — the company is announcing new funding. (more…)

Payment processors/providers/gateways

September 20, 2017


Jewel Paymentech Puts Banks On Par With FinTechs

There’s one thing banks and FinTechs can agree on: Those old-fashioned merchant onboarding processes take way too long. But nimble FinTechs have been able to move much faster to address that compared to their lumbering legacy competitors, and that has often left traditional banks to watch as merchants turned to the FinTechs instead. (more…)

Banks, Global trends, Payment processors/providers/gateways

September 20, 2017


Ant Financial Offers Face Scan Service For Package Pickup In China


Global trends, Hotnews, Payment processors/providers/gateways

September 18, 2017