Sonovate Announces £165 Million Securitisation with BNP Paribas and M&G
- 2 years 11 months ago
- Payments
Sonovate, the leading provider of embedded finance and payment solutions for the contingent workforce, today announced that it has completed a new securitisation deal with BNP Paribas and M&G Investments, adding £165 million to its funding structure. The deal is an endorsement of Sonovate's position as a fintech industry leader and reinforces its high-growth trajectory, enabling it to lend over £1.3 billion in invoices this year alone.
PayPoint Launches Next Business Day Settlement
- 2 years 11 months ago
- Payments
PayPoint today announces the launch of a next business day settlement service for PayPoint One customers signing up to integrated card payments with a PayPoint-preferred acquirer. Initially available to new card payment customers for no additional fee, the service will enable retailers to receive funds from any card transactions directly into their nominated bank account the following business day.
Klarpay Becomes New Visa Principal Member
- 2 years 11 months ago
- Payments
Adyen Provides Omnichannel Payments Services to UNIQLO
- 2 years 11 months ago
- Payments
Adyen, the financial technology platform of choice for leading companies, has been chosen by Fast Retailing, operator of UNIQLO, to power payments for the brand’s in-store and online checkout in multiple markets.
Virgin Money is Partnering with Flexys for BBLS Success
- 2 years 11 months ago
- Payments
Virgin Money welcomes fintech partner Flexys' technology for delivering the UK government's Bounce Back Loan Scheme (BBLS) PAYG repayment choices. British businesses who suffered during the Covid-19 epidemic were granted relief through the government's BBLS. Virgin Money lent around £1 billion to 34,000 businesses.
Plum Launches Recyclable, Degradable Debit Card
- 2 years 11 months ago
- Payments
London fintech Plum, Europe’s ultimate personal finance app, has launched a debit card to help its customers take control of their finances. The card is Plum's first move into spending, consolidating its position as a comprehensive money app.
Valtatech Becomes the First and Only Coupa-approved Peppol Connector Available on its App Marketplace and Business Spend Management Platform
- 2 years 11 months ago
- Payments
Financial process automation experts and certified Peppol Access Point providers for Australia and New Zealand, Valta Technology Group (Valtatech), today announced its Peppol Connector for Coupa Invoice will be available to users in the Coupa App Marketplace, connecting businesses with certified, pre-built solutions to enable them to send and receive e-invoices and e-orders via the Peppol network. C
BNPL Company Openpay is Leaving US Market
- 2 years 11 months ago
- Payments
Buy-Now-Pay-Later agency in Australia Openpay has terminated US operations and dismissed most of its staff, Reuters reports. The lender is the latest BNPL participant to experience the effects of rising interest rates and a wider economic slowdown, leading it to stop issuing loans in what it had recently called its major growth area.
Revolut Business Launches Revolut Reader, its First Hardware Device, Moving into In-person Payment Solutions
- 2 years 11 months ago
- Payments
Revolut, the super-app with over 18 million retail customers globally and more than 500,000 corporate clients, is launching Revolut Reader in the UK and Ireland. A fast and powerful lightweight card reader, the new product is designed to allow merchants of all kinds to accept payments anywhere, whether their business is in-person or on the go. The launch marks Revolut’s move into in-person payments, as the super app continues to diversify its... more
EasyPark Broadens Customer Offer in New Partnership with UnionPay International
- 2 years 11 months ago
- Payments
EasyPark introduces a global partnership with UnionPay International card network, the world’s largest cardholder base. UnionPay cardholders can now manage their parking and electric car charging by binding their UnionPay card directly in the EasyPark app.
Amazon Egypt Presents BNPL Option
- 2 years 11 months ago
- Payments
Amazon Egypt now offers purchase now, pay later (BNPL) options through valU, based on the announcement of July, 3rd. EFG Hermes Holding's FinTech valU serves MENA, so Amazon customers who use valU can select BNPL programs to spread payments over 6 to 60 months.
A Commercial and Compleat Payment Solution
- 2 years 11 months ago
- Payments
Organisations looking to complete their digitisation journey can now increase the control and visibility of their purchase-to-pay functions thanks to a new partnership. Commercial and Compleat Software are utilising their combined industry expertise to provide a solution that will transform your AP and purchase-to-pay processes.
Brite Payments Shakes Up Subscriptions
- 2 years 11 months ago
- Payments
Brite Payments is poised to significantly switch up monthly paid subscriptions with the launch of its new ‘recurring payments’ service. The Stockholm-based company is set to significantly improve consumer convenience for subscription-based online businesses with its innovative, customer-first payment technology, as well as providing significant advantages to businesses.
Financial Platform Tide Partners with Transcorp to Roll-out RuPay Powered Expense Card
- 2 years 11 months ago
- Payments
Tide, the UK’s leading SME-focused business financial platform that began setting up operations in India in 2020, today announced that it has partnered with Transcorp International Limited, a 27-year-old Reserve Bank of India (RBI) regulated Authorised Dealer Category II and perpetual Prepaid Payment Instrument (PPI) license holder, to launch co-branded prepaid cards (Tide Expense Card) as an entry product.
Experian Aims to Drive Increased Use of Digital Payslips with Acquisition of PayDashboard
- 2 years 11 months ago
- Payments
Global information services company, Experian, has announced it is expanding its employer services suite in a move that aims to encourage more organisations to share employee payslips digitally.
