Ayoconnect Raises $15m Series B to Scale Indonesia’s Largest Open Finance Api Platform
- 4 years 8 months ago
- Fundraising News, Open Banking, Payments
Tiger Global led the heavily oversubscribed round, joined by PayU and Alto Partners Ayoconnect is Indonesia’s leading open finance platform with more than 4,000 embedded finance products and 500 million annual API hits More than 200 customers use Ayoconnect’s APIs, serving some of the largest financial institutions, tech unicorns, and traditional companies as well new and up-and-coming startups
Judopay Launches Shodan to Shake Up the Tech Landscape and Enable Rapid Innovation
- 4 years 8 months ago
- Payments, Cloud, IT Innovations
The platform, built with a cloud native architecture and automation engineering, enables payment processing with peerless performance and reliability
Worldline to Hire More Than 5,000 Talented People Globally
- 4 years 8 months ago
- Payments
The Group is committed to meet its strong recruitment ambitions and establish Worldline as a global leading Paytech
Five Things to Do Immediately to Address Payments Fraud
- 4 years 8 months ago
- Payments
The social and economic impact of Covid-19 has led to a marked increase in opportunistic crimes of desperation, particularly in digital payments fraud as consumers flock to digital channels to replace or supplement in-person interactions. This rapid shift to digital, which is providing necessary solutions during a time of crisis, is fuelling a surge in payments fraud worldwide. And the threat to companies isn’t only coming from the outside;... more
Buyhatke Launches ‘usemycards’ - World’s First Card Sharing Platform
- 4 years 8 months ago
- Payments
Reports 820% rise in customers during the Republic Day Sale Buyhatke launched ‘UseMyCards’, World’s first and only credit/debit card sharing platform. During the Republic Day Sale on leading e-commerce platforms such as Amazon, Flipkart, Myntra etc. UseMyCards witnessed a whopping 820% rise in customers shopping through its website. The number of online transactions also saw a sharp rise of 1060% during the same period.
‘Buy Now Pay Later’ is Making Credit Mainstream, Grew by 637% in 2021; Recurring Payments Grew by 225%: Razorpay’s ERF Report
- 4 years 8 months ago
- Payments
Tier-2 and Tier-3 cities cozy up to digital transactions with total transaction volumes seeing a significant average growth of almost 50% in 2021 India is becoming healthier with fitness related transactions growing by 611% in 2021 Further to RBI guidelines, the subscription economy in India is booming with E-mandates growing by 225% in 2021
Segmint Partners with Snowflake to Revolutionize Payment Transaction Enrichment for Financial Institutions
- 4 years 8 months ago
- Payments
The partnership will provide a seamless, fast, granular, and secure access to Segmint’s Merchant Payment Cleansing solution for financial institutions.
Why Payroll Outsourcing is Needed in 2022
- 4 years 8 months ago
- Payments
At a cursory glance, one might feel that managing payroll is not an arduous task as it is just about documenting the attendance and paying wages, right? Well, that’s not the actuality. In a survey by a leading international firm, it was found that reporting related to taxable salaries, the compulsions of tax withholdings, and the annual-reconciliation procedures are some of the most burdensome tasks for every business.
Social Media Fundraising Campaigns Match High-profile Televised Appeals in Capturing Consumer Support
- 4 years 8 months ago
- Payments
Payments experts, PayPoint, applauds charities for embracing digital platforms during a pandemic climate The move by many charities to adopt social media advertising to attract donations throughout the UK’s lockdown experiences will be well rewarded, suggests a new survey by digital payment expert, PayPoint. Whilst the general public ranked TV adverts as being the most influential appeal for funds (21%) in the last two years, social media... more
Monneo Begins LatAm Expansion with Support of PIX in Brazil
- 4 years 8 months ago
- Payments, Credit Cards
In a move that reaffirms the company’s global reach, virtual IBAN and corporate account provider, Monneo, is delighted to announce the launch of its service in Brazil as part of its plans to serve customers who require payment solutions in Latin America.
By 2030, 74% of Consumer Payments Will Be Handled by Non-traditional Financial Service Providers
- 4 years 8 months ago
- Payments
“Future ready” paytech investment to date by Financial Services Institutions has not been sufficient in slowing down this shift, resulting in a loss of $250 billion in payments revenue by 2030 73% of FSIs have payment infrastructures that are not well equipped to handle payments for 2023 and beyond
Zip ‘in Discussions’ to Buy Sezzle Amid BNPL Market Upheaval
- 4 years 8 months ago
- Payments
Buy now, pay later (BNPL) provider Zip confirmed reports that it is “in discussions” to acquire rival Sezzle. The disclosure notes that these talks are preliminary and that there’s “no certainty” that a transaction will happen.
Mollie Partners With Chargebee to Deliver Effortless Subscription Payments
- 4 years 8 months ago
- Payments
Partnership helps drive and increase growth for Mollie’s customers Mollie, one of the fastest growing payment service providers in Europe, today announced its partnership with subscription management platform Chargebee to help drive growth for its customers.
TrueLayer Expands Its Open Banking Platform to Austria, Belgium, Denmark, Finland and Portugal
- 4 years 8 months ago
- Open Banking, Payments
TrueLayer, Europe’s leading open banking platform, today announced further expansion of its connectivity, adding Austria, Belgium, Denmark, Finland and Portugal, for open banking data (AIS) and payments (PIS). It has also increased connectivity in existing markets including the Netherlands and Spain, and as a result, added hundreds of new banks across a total of 16 European markets.
Payhawk Collaborates With Mishcon De Reya to Launch “scaling Into the Uk”, a Guide for Global Businesses Expanding to the UK
- 4 years 8 months ago
- Management, Payments
Today Payhawk, the growing platform that combines expense, payment and invoice management in one solution, and renowned law firm, Mishcon de Reya announced the launch of Scaling into the UK, its guide to opening an entity in the UK.
