PayPal Holdings, Inc. and J.P. Morgan Payments today announced the expansion of their strategic relationship. J.P. Morgan Payments plans to offer Fastlane by PayPal for its merchant clients in the UK and Europe. In addition, PayPal is planning to expand merchant acquiring to businesses across the UK and European markets by leveraging J.P. Morgan Payments’ industry leading Commerce Platform.

Trustly, the global leader in Open Banking, has revealed UK holidaymakers spent 230% more year-on-year on travel in January 2024 using the secure account-to-account payment technology. 

January is often the most popular month to book holidays with many businesses offering discounts at the start of the year. The research shows the growing use of Pay by Bank among both consumers and businesses in the industry. 

FX Back Office (FXBO), the leading CRM solution for forex and trading companies, has officially announced its strategic partnership with Bitpace, a global leader in crypto payment gateways. This collaboration is set to redefine efficiency and innovation in the trading and brokerage space by integrating Bitpace's cutting-edge crypto payment solutions into FXBO’s robust ecosystem. 

Bitwise Asset Management, a premier crypto-specialist asset manager with over $12 billion in client assets, today announced the completion of a $70 million equity raise. The round was led by Electric Capital, with participation from MassMutual, Highland Capital, MIT Investment Management Company, Haun Ventures, ParaFi Capital, Khosla Ventures, General Catalyst, Blockchain Coinvestors, and Nikesh Arora, among others.

Global fintech leader Airwallex has officially launched in Aotearoa, marking a significant milestone in its mission to provide businesses with faster, cost-effective, and more innovative financial solutions. 

Zeta, a leader in modern card processing, launched Selene - an AI-powered assistant that transforms how issuers handle customer service. Built with advanced Generative AI and enterprise-grade security, Selene automates the most common support interactions that traditionally burden contact centers.

As the volume of customer support queries soars, three industry challenges demand a new approach:

Cspaar, a provider of ERP systems and business solutions for small and medium-sized enterprises SMEs), is pleased to announce a strategic partnership with WorldLine (legal entity: Bambora AB. This agreement positions cspaar as an official reseller of WorldLine’s innovative payment solutions, further enhancing the company’s comprehensive suite of business management tools. 

Silverflow, the cloud-native payment processing company, has teamed up with 

GoCardless, the bank payment company, has launched capital powered by Pipe, to provide direct access to capital financing for its small business customers.