Zilch, the fintech payments innovator of the world’s first ad-subsidised payments network (ASPN), releases data today showing the full impact of a record Black Friday that saw its sales more than double compared to the previous year.

Black Friday bargains drove a 116% year-on-year growth in sales, with 93% year-on-year growth following on Cyber Monday. The figures underline the power of Zilch’s network to connect its 4 million users to great deals.

Digital bank Zopa has raised just over €80 million (GBP £68 million) in an equity funding round led by A.P. Moller Holding, with significant participation from existing investors.

A.P. Moller Holding is one of the largest direct investors in Denmark with $32 billion of Net Asset Value. Its objective is to build and develop businesses by driving long-term value and growth through engaged and valued ownership.

Triple-A, the leading licensed provider of crypto payment solutions for a diverse array of merchants across industries such as fashion, luxury, travel, and gaming has announced a dedicated payment option for Coinbase users. This integration will soon allow Coinbase users to seamlessly make payments at select merchants within Triple-A’s global network, while enjoying a superior crypto payment user journey.

Allied Payment Network, Inc. (“Allied”), the industry leader in real-time, open-network payments solutions to banks and credit unions, today announced that Alexandria, LA based Red River Bank has selected Allied’s real-time payments solutions, which will integrate seamlessly with the bank’s Q2 Digital Banking Platform.

Consumers have come out in force again this Black Friday, while fraudsters have continued to target bargain hunters.  

In the UK, Visa saw an 11% increase in transaction volumes on Black Friday 2024 compared to Black Friday 2023. This is also an increase of 16% compared to an average Friday. Across the whole Black Friday/Cyber Monday weekend, spend was up 12% compared to last year. 

Mastercard has partnered with Sympla, the leading events platform in Brazil, and Yuno, a global payments orchestrator based in Latin America, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers. Beginning in January, Sympla and Yuno will be the first partners in the region to offer this innovative solution to their customers, followed by a wider roll out.

BlueSnap, a global end-to-end payment platform with unique payment orchestration capabilities for leading B2B and B2C businesses, today announced that it is a preferred payment partner for Zuora, Inc., a leading monetization suite for modern business. Since beginning the partnership in 2015, BlueSnap and Zuora have helped businesses unlock their subscription potential.   

Adapt to IRRBB and CSRBB regulatory demands while managing the impact of fluctuating interest rates and evolving customer behaviours for enhanced risk management and treasury profitability

Nuvei Corporation, the Canadian fintech company, today announces the launch of an innovative blockchain-based payment solution for merchants across Latin America (LATAM). Through Nuvei’s partnerships with Rain, a vertically integrated issuing partner for global platforms, BitGo, the leading digital asset custodian and wallet solutions provider, and Visa, Nuvei is enabling businesses to utilize stablecoins – including USD Coin (USDC) – for faster global settlement and reduced reliance on traditional payments rails.

Airwallex, a leading global payments and financial platform for modern businesses, is set to end 2024 on a high thanks to significant growth across its Europe, Middle East and Africa (EMEA) business. The EMEA unit saw revenue growth of 271 percent in Q3 2024, compared to Q3 2023, and 145 percent increase in transaction volume.