Klasha names former PayPal exec Ayman Jawhar as new CPO
Jawhar’s appointment follows the recent hiring of Nile Younis as Klasha’s new chief commercial officer.
E-commerce
State of play: BNPL
BNPL has become one of the most divisive credit products of the modern age.
Banking Tech Awards 2022 – nomination deadline extended
The deadline for nominations for the Banking Tech Awards 2022 is now Friday 19 August.
KeyBank taps BlueSnap to facilitate cross-border e-commerce payments
KeyBank says BlueSnap’s operating model will give clients the flexibility to process global payments.
Equifax acquires chargeback fraud prevention firm Midigator
Midigator automates the chargeback dispute response process and provides real-time data to businesses.
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.
Banking Tech Awards USA 2022 Winner: Citizens Pay – Best Innovation
What retailers need to know about buy now, pay later (BNPL).
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.
Deuna lands $30m in Series A funding round
Deuna plans to use the funds to expand into Latin America, develop its product and hire new talent.
FinTech Futures: Top five stories of the week – 8 July 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
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.
Know what you code: the most important factor to launching a successful FinOps start-up
Use the tools of the trade to build your start-up from the ground up. Give your customers what they want. Lead by example.
The next frontier in global payments goes beyond borders
Payments will become more inclusive to both consumers and merchants.
Fintech Unlimint to become Telegram’s official payment provider
The integration will allow Telegram users to purchase services and goods directly through the messenger.
Stripe simplifies bank transfers for UK, EU and Mexican businesses
Stripe says that bank transfers, despite their popularity and ease of use, are “filled with friction”.
SME paytech SumUp raises €590m at €8bn valuation
SumUp says the latest funding is “indicative of our strength, execution, and potential”.
Money 20/20 Europe: Mode CEO Rita Liu on crypto adoption and regulation
Education and regulatory clarity are key to mass adoption of crypto, Mode CEO Rita Liu says.
US-based Payoneer appoints John Caplan as co-CEO
Founded in 2005, Payoneer enables “borderless payments and growth” for digital businesses.
BNPL giant Klarna to cut 10% of workforce amid “tumultuous year”
Klarna CEO says he remains “relentlessly optimistic” about the firm’s future.
New York’s Solidus Labs bags $45m in Series B round
Solidus Labs enables safer crypto trading across centralised and DeFi markets through its solutions.
FinTech Futures: Top five stories of the week – 13 May 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
What the FinTech? | S.3 Episode 7 | The future of digital payments
In this episode of the podcast, we’re joined by Claire Gates, chief commercial officer at PPRO.
Rewards platform Kard secures $23m in Series A funding round
The new funds will be used to expand its merchant network and product offering.
When cash ceases to be king: the rise of innovative payment methods
Digital payment systems have seen explosive growth with many people moving away from cash.
US paytech Choice brings on Nexa Equity as majority investor, acquires DPC
Nexa Equity aims to scale Choice through both “organic initiatives” and strategic acquisitions such as DPC.
Video: Greg Palmer at Finovate Europe 2022 – The future of fintech
Finovate’s Greg Palmer on how the pandemic accelerated the digitisation of financial services.
Anti-fraud platform SEON raises $94m Series B to fuel global expansion
The start-up will use the fresh capital to expand throughout North America, LatAm and APAC.
FinTech Futures: Top five stories of the week – 15 April 2022
Here’s our pick of five of the top news stories from the world of finance and tech this week.
Crypto paytech MoonPay receives $87m from entertainment and sporting stars
MoonPay CEO says: “Web3 is radically changing the way we approach the business of entertainment, sports and music.”
Creator economy e-commerce platform SamCart raises $82m Series B
The round saw participation from Eldridge, TTV Capital, Fin VC, George Kaiser Foundation and eGateway Capital.
Stripe-backed one-click checkout fintech Fast folds
Fast CEO Domm Holland says: “Sometimes trailblazers don’t make it all the way to the mountain top.”
Spain’s Ritmo lands $200m in debt funding to drive growth
The Madrid-based company has raised $225 million to date in debt and equity funding.
Bolt to acquire crypto API provider Wyre in push to “democratise commerce”
Bolt will integrate Wyre’s crypto stack, giving developers blockchain protocols to build financial products.
Citi plans to scale global e-commerce payments platform to 30 countries
Spring by Citi enables the bank’s institutional clients to accept consumer payments online.
Shortlist announced for Banking Tech Awards USA 2022
Congratulations to all of this year’s finalists.
PayPal hires IT veteran Archana Deskus as EVP and CIO
Deskus joins PayPal from tech titan Intel, where she served as senior vice president and CIO.
