The 10 big fintech funding rounds in January you need to note
January was a strange month for fintech deals. As with other tech stocks, the financial sector has taken a tumble over the past month. Companies like Coinbase, PayPal and Mastercard…
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Ex-Goldman Sachs chair converts to religion of bitcoin even as market tanks
How about this for weird timing: former Goldman Sachs chairman and CEO Lloyd Blankfein has…
The soaraway BNPL industry must win the public’s trust to keep growing
Buy-now-pay-later (BNPL) players aim to disrupt the business of traditional credit cards, but to do this the BNPL industry must…
EMQ enables real-time payouts to mobile wallets in Indonesia
EMQ, a payments network, has bolstered its global payment capabilities by allowing payouts in real time to major mobile wallets…
Paya acquires VelocIT Business Solutions
Paya Holdings, an integrated payments and commerce solution provider, has announced the acquisition of VelocIT Business Solutions, for undisclosed amount.…
UK regulator imposes fine on five payment firms for cartel behaviour
UK’s Payment Systems Regulator has imposed a total fine of $45.01m on five payments firms including Mastercard, for their cartel…
Coinbase teams up with Mastercard to make buying NFTs easier
Coinbase has signed a deal to enable its customers use Mastercard credit and debit cards for purchases on the crypto exchange’s upcoming NFT marketplace. Last year, Coinbase announced plans to…
Rumble acquires stake in payment processor Parallel Economy
Video platform Rumble has acquired an undisclosed stake in Parallel Economy, a payment processing company. Parallel Economy was set up last year by Jeffrey Wernick, whose portfolio includes Airbnb, Uber…
Affirm to provide payment options on Verifone’s online and payment devices
Affirm, a payment network, has partnered to make its payment options available on Verifone’s online and card-present payment solutions. This partnership will allow merchants to provide their customers with the…
Amazon halts plan to stop Visa credit card payments in UK
E-commerce firm Amazon has halted its plan to stop customers using Visa’s credit cards issued in the UK, as it is working to resolve the dispute over payment fees. The…
Minsait Payments acquires Ecuadorean payment operator Credimatic
Minsait Payments, an Indra company, has bought Credimatic, a payment operator in Ecuador for undisclosed amount. The value proposition brought by the acquired entity aligns with the activity of Minsait…
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