Tagged: payments

Fintech Circle’s Stablecoin Innovations Are Transforming Global Finance with USDC

Circle (NASDAQ:COIN), the issuer of USD Coin (USDC), continues to reshape the global financial ecosystem through its innovative stablecoin infrastructure. Three recent developments—the launch of the Circle Payments Network (CPN), the introduction of Cross-Chain Transfer Protocol (CCTP) V2 on Solana, and the U.S. Senate’s passage… Read More

Flexible Payments : BNPL Fintech Klarna Now on Google Pay

Klarna, the global digital bank and flexible payments provider, is now available as a payment option  on Google Pay. Shoppers can use Klarna’s flexible payment options “online on select Android apps and websites that offer Google Pay at checkout.” By joining forces with one of… Read More

MineralTree, Sage Launch Vendor Payments Solution

Global Payments Inc. (NYSE: GPN) recently announced that its MineralTree business, which provides AP and payment automation solutions, and Sage, a provider of accounting, financial, HR, and payroll technology for small and mid-sized businesses (SMBs), launched a vendor payments solution built directly within Sage Intacct…. Read More

Fintech Razorpay Streamlines Digital Payments with New Cross-Border Solutions

Razorpay continues to redefine the digital payments landscape in India and beyond, introducing innovative features and robust solutions tailored for businesses navigating the complexities of domestic and international transactions. With a focus on seamless user experiences, compliance, and cost efficiency, Razorpay’s latest updates demonstrate their… Read More

Hong Kong, Mainland China Launch Payment Connect for Real-Time Cross-Border Transactions

Hong Kong City

The Hong Kong Monetary Authority (HKMA) and the People’s Bank of China (PBoC) announced the official launch of Payment Connect, a new cross-boundary payment system linking Hong Kong’s Faster Payment System (FPS) and Mainland China’s Internet Banking Payment System (IBPS). The service will go live… Read More

Affirm and PGIM Expand Partnership to Invest Up to $3B via Revolving Pass-Through Loan Sale Facility

Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, and PGIM Fixed Income, a Prudential Financial (NYSE: PRU) company and one of the largest global fixed income managers with $862 billion in assets under management, announced the expansion of their… Read More

Anchorage Digital and Stablecoin Standard to Enable Stablecoins Innovation

Anchorage Digital notes that stablecoins represent a foundational shift in how value moves around the world—offering a fast, inclusive alternative to traditional payment rails. From enabling real-time cross-border remittances to powering on-chain commerce and programmable finance, their impact is already “felt across emerging markets and… Read More

Fintech: dLocal Approved for Payment Licenses in Philippines, UAE, Turkey

dLocal has been approved for essential payment licenses in several jurisdictions, including Turkey, the Philippines, and the UAE. In the UAE, the company has been granted a Payment Services License which enables dLocal to directly operate cross-border payins and payouts. In Turkey, dLocal has received… Read More

Shopify Integrates Coinbase Payments Adding Instant Transfers Using USDC

Coinbase (NASDAQ:COIN) is introducing Coinbase Payments using USDC for instantaneous payments via the stablecoin. USDC is issued by Circle (NASDAQ:CRCL), which recently completed a successful IPO, which saw its shares rocket dramatically higher. Coinbase announced that the payments service has already been integrated with Shopify, a leading e-commerce platform…. Read More

Fintech Zilch Affirms Commitment to Affiliate Innovation with APMA Membership Amid Growth of Ad-Subsidized Payments Network

Zilch, the firm behind the Ad-Subsidised Payment Network (ASPN), has officially joined The Affiliate & Partner Marketing Association (APMA) – a move that underscores its long-term commitment to driving innovation in the affiliate and partner marketing space. This membership is a marker of intent with… Read More

BNPL Fintech Klarna Expands into Mobile Phone Plans with Flexible Service

Klarna, the global digital bank and flexible payments provider, is entering the mobile market with an unlimited phone plan, paired with Klarna’s signature seamless experience directly in the Klarna app. Klarna’s unlimited mobile plan launches “first in the U.S. in the coming weeks (join the… Read More

Fintech Stripe Introduces Features to Boost France’s Digital Economy

Stripe, the programmable financial services company, introduced over 15 updates for French businesses, many of which leverage AI and stablecoins. These announcements were made at Stripe Tour Paris, the company’s annual conference in France, which “brought together 500 founders, developers, and enterprise leaders.” French businesses… Read More

Fintech Circle Bolsters Stablecoin Payments with Strategic Partnerships and Network Expansions

Circle (NASDAQ:CRCL), the issuer of the USD Coin (USDC) stablecoin, has made significant strides in advancing the adoption of stablecoin-powered payments through recent initiatives that enhance cross-border transactions and developer accessibility. Key updates underscore Circle’s commitment to transforming global money movement: the launch of the… Read More

BNPL Fintech Klarna Opens Direct Line to CEO, Powered by AI

Klarna, the AI-powered payments and commerce network, launched an AI-powered CEO hotline, enabling its 100 million global consumers to provide direct product feedback in a one-to-one conversation with an interactive AI avatar trained on Klarna CEO Sebastian Siemiatkowski’s real voice, insights and experiences. Initially rolling… Read More

UK: LemFi Acquires Pillar

Remittance Fintech LemFi has acquired Pillar. Pillar’s co-founders and Revolut alumni Ashutosh Bhatt and Adam Lewis will join the LemFi team. The terms of the deal were not immediately available. LemFi, founded in 2021, aims to support immigrants. The company reports working with over two… Read More

Pix and Payments Cards Dominate as Brazil’s Preferred Payment Instruments

In 2024, Brazil’s payment landscape underwent a significant transformation, with Pix and cards emerging as the most widely used payment instruments, according to a recent report from the Banco Central do Brasil (BCB). This shift highlights the country’s rapid adoption of digital and instant payment… Read More

BNPL Fintech Affirm and DICK’S Sporting Goods Renew Partnership

DICK’S Sporting Goods (NYSE: DKS), a U.S. based full-line omni-channel sporting goods retailer, and Affirm (NASDAQ: AFRM), the payment network that empowers consumers and helps merchants drive growth, announced an extension of their partnership, which originally began in 2020. Eligible DICK’S and Golf Galaxy shoppers… Read More

Prepaid Payments Firm Recharge Reports 39% Sales Growth in 2024

European Fintech Recharge says total sales increased by 39% to €695 million in 2024. This drove top-line revenue to increase by 32% to €73.6 million. The company reports that EBITDA has doubled to €8.1 million, and net profit has reached €7.5 million. Günther Vogelpoel, CEO… Read More

Fintech PhonePe to Introduce UPI Payments for New Feature Phone Users

PhonePe Limited announced an IP purchase of conversational engagement platform Gupshup’s proprietary ‘GSPay’ technology stack for enabling UPI-based payments for feature phones. GSPay is a mobile application built “on top of NPCI’s UPI payment solution for feature phones (UPI 123PAY).” PhonePe plans to customize and… Read More

Payment Software Payrails Raises $32 Million Series A

Berlin-based Payrails has raised $32 million in a Series A funding round. The investment was led by HV Capital, with continued backing from EQT Ventures, General Catalyst, and Andreessen Horowitz. The total raised to date now stands at $52.8 million. Founded in 2021, Payrails is… Read More

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