Geopagos lands $35m to expand Latin American footprint
Geopagos says the round marks its first institutional financing.
PayTech
Paystand buys Yaydoo to expand B2B payments network across Americas
Paystand says the combined company “will redefine the boundaries of B2B fintech” across the Americas.
TAS acquires Italian paytech consultancy Krisopea
Acquisition reflects TAS’ “acceleration in non-organic growth” driven by largest shareholder Rivean Capital.
Dubai BNPL firm Tabby secures $150m debt financing
The debt financing has been supplied by Atalaya Capital Management and existing investor Partners for Growth.
American Express launches cross-border payments solution for US SMBs
The Global Pay platform is currently available to US American Express small business card members.
Global Payments snaps up EVO Payments for $4bn
Global Payments will acquire EVO in an all-cash transaction for $34 per share, or $4 billion in enterprise value.
Rêv acquires Global Payments’ card business Netspend in $1bn deal
The new combined entity intends to deliver “financial empowerment and product innovation”.
TAS hires Andrew Quartermaine as COO as it looks to boost international growth
Quartermaine joins from ACI, where he was director of merchant retail for Europe.
Why the post-trade wholesale market infrastructure is broken
With market volumes rising, the likelihood of a major systemic glitch occurring is very real.
Italian paytech Nexi partners Microsoft to develop digital payments solutions
The strategic partnership will see the pair work together to “digitise the European payments space”.
Nets grows POS presence in Poland with Simapka acquisition
Owned by Team4U, Simapka is an app for owners of shops and service points in Poland.
MVB Bank live with real-time payments functionality
MVB Bank has become the first live user of the RTP Send functionality offered by Victor Technologies.
FinTech Futures: Top five stories of the week – 29 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
ICYMI fintech funding round-up: Wombat, Atlantic Money, Fairbanc and more
A handy round-up of the recent funding endeavours of fintech companies across the globe.
Mastercard appoints former HP exec Ellen Jackowski as new chief sustainability officer
Jackowski will work to “further integrate” Mastercard’s ESG strategy into the organisation.
Webinar: Banking customer centricity with journey orchestration
Improve personalisation decisions across all channels and touchpoints, CX and achieve business goals.
B2B e-commerce paytech Balance raises $56m in Series B round
The fresh capital takes the company’s total funding to $87 million.
Apple sued over alleged “anti-competitive” Apple Pay practices
The lawsuit alleges Apple “coerces” consumers who use its devices into using Apple Pay for contactless payments.
UnitPlus partners Vodeno and Aion for ‘pay-with-portfolio’ ETF solution
Customers can pay with funds drawn directly from their portfolio using the UnitPlus debit card.
Banking Tech Awards USA 2022 Winner: Citizens Pay – Best Innovation
What retailers need to know about buy now, pay later (BNPL).
Webinar: The future of payment protection – biometric authentication
How can businesses strengthen their fraud defences with biometric authentication.
Aussie paytech mx51 raises $22m Series B
The Series B round was led by an undisclosed “global fintech investor”.
New cross-border payments and digital banking platform KwikPaisa launches in India
The platform will allow users to make payments anywhere in the world.
Credit card start-up X1 raises $25m Series B, readies for full US launch
The Series B round was led by Google Analytics co-founder Wesley Chan’s new fund FPV Ventures.
BNPL firms Zip and Sezzle agree to call off proposed merger agreement
The merger was initially announced earlier this year.
FinTech Futures: Top five stories of the week – 15 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Remittance start-up SendSprint launches in UK in partnership with Flutterwave
Flutterwave will provide the infrastructure to enable SendSprint to process cross-border transactions.
A2A paytech Volt hires Stuart Barclay as new VP of strategy
Barclay joins from Swedish open banking unicorn Trustly.
New paytech Argyle Payments launches in the US
Argyle will support payments for small and midsize merchants in “high-margin” specialty markets.
Banking Technology Magazine July / August 2022 issue out now
Cover story: MAKING THE DREAM WORK – Helping Ukraine in a planet-friendly way.
Brazilian payments app PicPay to launch crypto exchange and stablecoin
PicPay sees crypto as a way to decentralise payments and other financial services.
Aussie paytech EML Payments appoints Emma Shand as new CEO
Shand has been an EML board of directors member since September 2021.
Mambu partners Visa for end-to-end card issuing and processing
The company is developing an integration with Visa DPS.
Banking Tech Awards 2022 – call for judges
Join the judging panel for the Banking Tech Awards and be in great company of industry experts!
Wyre partners MoneyGram to allow crypto-to-cash conversion
It’s hoped the integration will address a “major pain point for users” in the crypto ecosystem.
Seedrs partners Form3 and LHV UK for real-time payments
The partnership will make it easier for retail investors to invest in European businesses, Seedrs says.
Revolut partners Stripe to accelerate global expansion
Stripe and Revolut will explore opportunities to “deepen” their collaboration.
New digital payment platform Kasheesh launches in US
Kasheesh reduces the cost burden on individual cards and helps users build their credit scores.
Worldline completes acquisition of Eurobank’s merchant acquiring business in Greece
As part of a joint venture with Eurobank, Worldline will hold an 80% stake in the new company.
Congratulations to the PayTech Awards 2022 winners!
The winners and highly commended were announced in a ceremony at the Merchant Taylors’ Hall in London.
