Payhawk Becomes First Ever Bulgarian Unicorn After Raising $100m in a Round Led by Lightspeed Venture Partners, Valuing the Company at $1bn
- 2 years 1 month ago
- Payments
● The additional funding extends Payhawk’s Series B round to $215m. This comes only three months after the first wave of Payhawk’s Series B, which was the second largest Series B for a B2B company in Central and Eastern Europe ● The company has raised an additional $100m in a round led by Lightspeed Venture Partners at a valuation of $1bn. As a result, Payhawk becomes the first ever Bulgarian unicorn
payabl. partners with Know Your Customer for Seamless Merchant Onboarding Across Europe
- 2 years 1 month ago
- Payments, AML and KYC
Today payabl. the international merchant acquirer that enables businesses to take payments easily, reliably and securely, announces it is joining forces with RegTech provider Know Your Customer, to offer fully digital, secure and seamless onboarding to merchants worldwide.
Saveaway Names Shamir Karkal to Join Circle of Investors and Advisors
- 2 years 1 month ago
- Payments, IT Innovations
Karkal Among Key Industry Names to Become Part of Growing Financial Wellness Platform SaveAway®, a fintech company that offers consumers an innovative “Save Now, Pay Later'' purchasing option, announced that Shamir Karkal (co-founder of Simple and Sila) has joined the company’s advisory board and will contribute as an investor. Premal Shah, (co-founder of Kiva and Renewables.org) will also be joining Karkal as a board member.
Avalanche Blockchain Now Accessible to 4.5M Users Across Wirex App, Wallet & Payment Ecosystem
- 2 years 1 month ago
- Blockchain, Cryptocurrencies
Wirex, a leader in the crypto sphere, has expanded its ecosystem to enable 4.5 million users to access the popular Avalanche blockchain and tokens in the recently launched Wirex Wallet and award-winning app.
PAXSTORE is Now PCI DSS Certified
- 2 years 1 month ago
- Payments
PAX Technology, the world’s leading manufacturer of point-of-sale terminal solutions is delighted to announce that PAXSTORE and the associated Value Added Services (VAS) passed PCI DSS v3.2.1 assessment on 21st January 2022. PCI DSS is among the most stringent financial data security standards in the world. The passing of the assessment confirms that the information security level of PAXSTORE and VAS meets the highest international standards.
COVID-19 speeds up contactless rollout worldwide
- 2 years 1 month ago
- Payments
The pandemic will be remembered as a decisive time for contactless payments with accelerated card issuance and usage Consumers favour contactless payments during the pandemic
IDEX Biometrics Supports Rocker as it Launches First Ever Swedish Biometric Payment Card, with Cutting-Edge Fingerprint Sensor Technology
- 2 years 1 month ago
- Payments, Credit Cards
IDEX Biometrics has partnered with IDEMIA to support Rocker, the Swedish challenger bank, as it launches biometric payment cards to the market. With IDEX Biometrics fingerprint sensor, Rocker becomes the first in Sweden and one of the first in the world to deploy biometric cards to consumers.
New Barclaycard Avios Credit Cards Make Spending Go Further With Travel Perks and Incentives
- 2 years 1 month ago
- Payments, Credit Cards
New Barclaycard Avios1 and Avios Plus2 credit cards allow customers to earn Avios for every £1 spent, to redeem on travel New customers can collect a welcome bonus of 25,000 Avios in the first three months with Barclaycard Avios Plus – enough for a return flight to Faro, Palma or Milan3 Additional benefits include an annual cabin upgrade voucher for reaching a specific spending milestone, as well as Barclaycard’s Entertainment perks The new... more
Covid-19 Speeds Up Contactless Rollout Worldwide
The pandemic will be remembered as a decisive time for contactless payments with accelerated card issuance and usage Consumers favour contactless payments during the pandemic
FinDock Welcomes GoCardless Open Banking to Payments Management on Salesforce
- 2 years 1 month ago
- Open Banking, Payments
FinDock is pleased to announce its partnership and newly added open banking integration with GoCardless, a leading fintech in direct bank payment solutions.
Capital Block Advises on Sandbox Metaverse Island Purchase for Qua Granite, World’s Second Largest Ceramics Company
- 2 years 1 month ago
- Cryptocurrencies
QUA Granite is the first company in its industry to invest in the Metaverse universe. QUA Granite will now be Metaverse neighbours with the likes of Marco Verratti, Kingsley Coman, Stan Wawrinka and Dan Holzmann.
Live Updates: $4 Million in Crypto Crowdfunded for the Ukrainian Military
- 2 years 1 month ago
- Cryptocurrencies
Following the Russian invasion of Ukraine, NGOs and volunteer groups in the country have raised over $4 million in cryptoasset donations. The charts in this article will be updated with the latest figures. On February 24th alone, one NGO received over $675,000 in Bitcoin, and by 9:30am on the 25th, it had already received more than $3.4 million – over $3 million of which was sent by a single donor. This pushes the total raised by these groups... more
Reuters Events brings Europe’s foremost financial technology experts to London in June for Payments Summit Europe 2022
- 2 years 2 months ago
- Payments
Europe’s top financial executives and payment strategists will gather in London this June to debate the future of payments, conference organizer Reuters Events said today. Payments Summit Europe 2022, at the Hilton Tower Bridge on June 28 and 29, will see the industry’s foremost digital experts coming together to share intelligence on how to monetise data and drive revenue in a world dominated by digital, open, real-time transactions.
Swift Vets Did to Make Cross-border Payments as Easy as Texting
- 2 years 2 months ago
- Payments
A group of Swift veterans have unveiled a global payment addressing service for banks and fintechs that promises to make transferring money around the world as way as easy as sending a text message. Founded by three former Swift staffers, iPiD (International Payments Identity) has built a service - with partner Palo IT - that enables users to make cross-border payments anywhere in the world using only a simple proxy, such as phone number, for... more
25/02 – Weekly Fintech Recap
- 2 years 2 months ago
- Blockchain, E-Commerce, Open Banking, RegTech, Payments, M&A Deals, People Moves
Partnerships AllianceBlock and Peaq partner to power Web3’s Economy of Things through DeFi