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Lightning Network Startup Neutronpay Raises $2.25M in Seed Funding to Disrupt Legacy Payment Rails Beginning with Vietnam and South East Asia

Neutronpay, a Vancouver, Canada and Ho Chi Minh City, Vietnam-based startup that enables consumers and businesses to send and receive payments on Bitcoin’s Lightning Network raised USD$2.25M in Seed funding on June 1, 2022.

Wednesday, September 14, 2022 - 13:25
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/news/fundraising-news/lightning-network-startup-neutronpay-raises-225m-seed-funding-disrupt-legacy
Financial IT
Paysend Enables Consumers and Businesses to Send Instant Cross-Border Payments to Accounts In 25 Countries For $1

Paysend, the UK-based fintech with over 7 million customers, today announces the launch of Instant Account Payments, which give consumers and businesses the ability to send instant cross-border payments of up to $100,000 to accounts for just $1 per payment. Users can quickly connect to Paysend’s global payments network and instantly and cost-effectively send funds to 25 countries and currencies seven days per week, 365 days per year.

Wednesday, September 14, 2022 - 13:17
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/news/payments/paysend-enables-consumers-and-businesses-send-instant-cross-border-payments-accounts
Financial IT
PayQuicker Launches Payouts OS, New Global Payouts-as-a-Service Platform

PayQuicker, an innovative financial technology leader in the global payouts market, today announces the launch of Payouts OS.

Payouts OS packages PayQuicker’s trusted, time-tested technology into a first-in-market payouts-as-a-service platform that meets the needs of gig economy workers and small to medium-sized businesses across a diverse set of industries including clinical trials, insurance, gaming, marketplaces, and more.

Wednesday, September 14, 2022 - 12:13
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/news/payments/payquicker-launches-payouts-os-new-global-payouts-service-platform
Financial IT
Real-time Payments are Here to Stay and with Good Reason

Real-time Payment (RtP) models are here to stay for the foreseeable future alongside traditional payment schemes. But as businesses increasingly recognize their potential, further cases for real-time payments are coming to the fore. That’s according to Buckzy Payments Inc., the Toronto-based global fintech on a mission to make international payments quicker, more reliable, and more affordable.

Wednesday, September 14, 2022 - 12:04
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/news/payments/real-time-payments-are-here-stay-and-good-reason
Financial IT
Bluechain Appoints Tim Annis as UK Managing Director

Bluechain, the fast-growing fintech startup business that transforms the traditional payments and receivables process, has today announced the appointment of Tim Annis as UK Managing Director. This appointment is the next step for Tim at Bluechain, as he previously held the role of UK Head of Sales since March 2020. 

Wednesday, September 14, 2022 - 11:57
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/news/people-moves/bluechain-appoints-tim-annis-uk-managing-director
Financial IT
Multi-country Consortium Comes Together to Launch Pan-European Payments Pilot for EU Digital ID Wallet

A new multi-country consortium of Europe’s most trusted identity experts has today announced its proposal to deliver a large-scale, cross-border payments pilot strongly aligned with the aims of the European Commission’s EU digital identity wallet program. Six countries (Denmark, Germany, Iceland, Italy, Latvia and Norway) are part of the consortium, led by NOBID (Nordic-Baltic eID Project).

Wednesday, September 14, 2022 - 11:39
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/news/e-wallets/multi-country-consortium-comes-together-launch-pan-european-payments-pilot-eu-digital
Financial IT
Flutterwave Enables eNaira Collections for Over 1,000,000 Merchants

Flutterwave, Africa's leading payments technology company, today announced that over 1,000,000 merchants can now accept eNaira payments from their customers on their platform. This follows the 3.0 product announcement event held in March this year, during which a range of upcoming product features was showcased. 

Wednesday, September 14, 2022 - 11:29
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/news/payments/flutterwave-enables-enaira-collections-over-1000000-merchants
Financial IT
Wombat Appoints Jeremy Larsson as Chief Revenue Officer and Head of Partnerships

Micro-investing platform Wombat has appointed Jeremy Larsson as Chief Revenue Officer and Head of Partnerships as the business seeks to accelerate its growth plans
following the close of its Series A funding round in August.

Wednesday, September 14, 2022 - 11:23
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/news/people-moves/wombat-appoints-jeremy-larsson-chief-revenue-officer-and-head-partnerships
Financial IT
79% of European Shoppers will Cut Online Spending in Significant Downturn, E-commerce Retailers Must Act Fast to Protect Themselves - Survey by Mollie

Mollie, a payment industry pioneer and one of Europe’s fastest-growing financial service providers, today unveils the initial findings of its European Ecommerce Report. Mollie surveyed 3,000 online shoppers across Austria, Belgium, France, the Netherlands, Germany, and the United Kingdom.

Wednesday, September 14, 2022 - 11:17
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/news/e-commerce/79-european-shoppers-will-cut-online-spending-significant-downturn-e-commerce
Financial IT
Jeton Partners Sumsub to Provide Smooth Customer Onboarding

Jeton has partnered with Sumsub to create a better onboarding experience for its 1M+ users across 100 countries. Sumsub, a global tech company with 5 international offices, helps businesses easily verify users and steer clear of fraud while ensuring full compliance with shifting regulations.

Wednesday, September 14, 2022 - 10:56
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/news/aml-and-kyc/jeton-partners-sumsub-provide-smooth-customer-onboarding
Financial IT

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