Sipay, the leading fintech offering offline and online payment services, wallet services, and additional financial products via its modular platform, has raised a $15 million Series A round to support its product innovation and expansion both locally and internationally into new markets. The round was led by Anfa, a global investment firm known for its concentrated, long-term partnerships with exceptional entrepreneurs.

Navigating complex money terms and phrases commonly used in the UK can sometimes feel like decoding a secret language, and when it comes to avoiding money mistakes, checking a dictionary is just as valuable as checking your maths, as new research reveals that being caught out by confusing financial terms has potentially cost people in the UK an estimated £26 billion during their lifetime. 

payabl., one of Europe’s leading PayTech companies, today announced the integration of four major local payment methods in Latin America – PIX, Boleto, OXXO and SPEI – to its portfolio of local payment methods, significantly enhancing coverage across the region. This move underscores payabl.’s mission to help merchants worldwide supercharge their business growth with easy-to-access, localised payments solutions.   

Leading global payment service provider and acquirer emerchantpay announces its strategic partnership with TrueLayer, a leading European open banking payments network. Through the alliance, emerchantpay will offer payments by bank transfer as an online checkout option for merchants across the UK and Europe.   

BlueSnap, the payment orchestration platform of choice for businesses around the world, has expanded its integration with BigCommerce, a leading open SaaS e-commerce platform for fast-growing and established brands to allow enterprises, small businesses, and B2B companies alike, to create customized local and global checkout experiences through BlueSnap’s powerful global payment orchestration platform.

Cohesity, a leader in AI-powered data security and management, today announced that the Cohesity Data Cloud now supports AMD EPYC™ CPU-powered servers, offering customers even more options for modern data security and management. Customers can now deploy and run Cohesity Data Cloud on AMD EPYC CPU-based all-flash and hybrid servers from Dell, HPE, and Lenovo.

Klarna, the AI powered global payments network and shopping assistant, has cut its sales and marketing spend by 11% in Q1 2024 while increasing the number of campaigns and updating marketing collateral more frequently. AI is responsible for 37% of the cost savings, or about $10 million on an annualized basis. 

The key drivers are: 

Temenos  today announced a collaboration with Mastercard, a leading global technology company in the payments industry, to accelerate the implementation and delivery of Mastercard Move, Mastercard’s portfolio of money transfer capabilities, to banks and their customers.