Tag "Visa"
Visa Plans on Auto Crypto Payments
The rise of blockchain and cryptocurrencies has changed the way we think about digital money movement — creating opportunities for a new generation of financial applications. Visa reported that they are in the early stages of blockchain development and it
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Fraud Prevention Company Sardine Raises US$51.5M Series B Led by a16z
Fraud, compliance, and instant settlement solutions provider Sardine has raised US$51.5 million in Series B financing led by Andreessen Horowitz’s (a16z) Growth Fund to accelerate product and market development. New and existing investors including XYZ, Nyca Partners, Sound Ventures, Activant
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Airwallex Deploys Its Virtual Multi-Currency Visa Cards for U.S. Businesses
Cross border payments firm Airwallex has introduced the U.S. Airwallex Borderless Card, a virtual Visa card issued by Community Federal Savings Bank (CFSB). Airwallex’s customers domiciled in the United States can now instantly generate and issue multi-currency virtual payment cards
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Visa Invests in LATAM Open Finance Platform Belvo’s US$43 Million Series A
Visa has invested in Mexico City-headquartered open finance API platform Belvo through its US$43 million Series A. The two companies have also signed a strategic partnership to jointly develop open finance solutions in Latin America, a statement from Belvo said.
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Visa Customers Spent More Than US$1 Billion on Crypto-Linked Cards in 2021
Visa revealed that its customers had spent more than US$1 billion on its crypto-linked cards in the first half of 2021. The payments giant reported that it had partnered with 50 leading crypto platforms on card programmes that make it
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Visa Expands Its Fintech Partner Connect Programme
Visa announced the expansion of its Visa Fintech Partner Connect programme which is designed to help financial institutions quickly connect with a vetted and curated set of technology providers. By streamlining the discovery process, Fintech Partner Connect can help Visa’s
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Remitly Receives Investment From Visa Ahead of IPO Plans
Remitly, a mobile-first provider of remittances and financial services for immigrants, announced that it has received an undisclosed sum of equity investment from Visa. News of the funding comes days amidst reports that Remitly is preparing for an initial public
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Visa Teams up With Tala to Drive Crypto Adoption Among the Underbanked
Tala, a digital financial services provider in emerging markets, announced a new partnership with Visa to help underbanked populations participate in the crypto economy. Together with additional partners Circle and the Stellar Development Foundation, Tala will explore opportunities to make
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Visa Pilots Payment Settlements Using Stablecoin with Crypto.com
Visa announced that it will allow the use of USD Coin (USDC), a stablecoin backed by the US dollar, to settle transactions on its payment network over Ethereum, an open-source blockchain. Visa said that it is piloting the capability with
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Visa Pilots Its New Crypto API Programme With US Neobank First Boulevard
Visa has announced a partnership with First Boulevard, a digitally native neobank focused on building generational wealth for the black community, to pilot Visa’s new suite of crypto APIs that is anticipated to launch later this year. As part of
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