Archive
Mastercard Jumps on the BNPL Bandwagon, Set to Roll Out in the United States
Mastercard announced that it is set to introduce a new Buy Now, Pay Later (BNPL) offering, Mastercard Installments for its customers in the United States, Australia and the UK. The programme gives consumers a flexible, ubiquitous way to pay online and
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M2P Solutions and Buckzy to Provide Cross-Border Payments for MENA Partners
Middle East and Asia-based API infrastructure company M2P Solutions announced a strategic partnership with Canadian payment solutions provider Buckzy Payments to provide cross-border payments in the MENA region. The company’s MENA-based partners will be able to use M2P’s platform to
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PayPal Rolls Out New Features, Poised to Be the Next Super App
PayPal has rolled out its “super app” which is touted to be an all-in-one, personalised app that offers customers the best place to manage their financial lives. The new PayPal app will introduce new features including PayPal Savings, a new
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Zurich Ties up With BOXX Insurance, Invests in Its Series A Fundraise
Zurich Insurance Group announced a global collaboration with Toronto-based insurtech BOXX Insurance (BOXX), which provides fully-integrated cybersecurity and insurance solutions for small-to-medium-sized businesses (SMEs), consumers and families. Technology has brought significant benefits to businesses and individuals – improving lifestyles and
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Fintech Unicorns Solarisbank and Feedzai Partner for Enhanced Risk Management
Feedzai, an American cloud-based financial risk management platform, and Berlin-based Banking-as-a-Service (BaaS) platform Solarisbank announced a multi-year partnership at Money20/20 Europe. With this new partnership, Solarisbank is leveraging Feedzai’s proprietary technology which enables them to apply an effective risk management which
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Entrust Signs Deal to Acquire Parisian Fintech Antelop Solutions
Entrust, an American digital security and credential issuance solutions provider, announced that it has signed a deal to acquire Antelop Solutions, a Paris-based fintech that enables financial institutions to issue secure digital credit and debit cards to their customers. This
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Blockdaemon Attains Unicorn Status With US$155 Million Series B
Blockchain infrastructure platform Blockdaemon announced that it has closed a Series B funding round of US$155 million with a valuation of US$1.255 billion. The round was led by SoftBank Vision Fund 2, with participation from Matrix Capital Management, Sapphire Ventures,
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Coinbase to Invest US$500 Million Into Crypto Assets
American cryptocurrency exchange platform Coinbase announced that it has committed to invest US$500 million of its cash and cash equivalents into a diverse portfolio of crypto assets. Coinbase added that going forward, it will also allocate 10% of quarterly net
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SpotOn Raises US$300 Million in Series E Funding to Acquire Appetize
SpotOn, provider of mobile payment technology and management system for restaurants and small businesses, announced US$300 million in Series E funding, raising its valuation to US$3.15 billion. The funding, which comes four months after SpotOn’s US$125 million Series D, will
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Payments Platform Melio Raises US$250M Series D
New York-based Israeli B2B payments platform Melio has tripled its valuation to US$4 billion with its latest fundraise of US$250 million in a Series D, according to a statement. The round was co-led by Thrive Capital and existing backers of
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