Tag : payments infrastructure

TerraPay Partners With SendMN to Pave the Way for Seamless Cross-Border Payments for Mongolian Residents and Diaspora Across the World
Digital Payments News

TerraPay Obtains License in the USA; Aims to Strengthen Footprint in Key Global Markets

Fintech News Desk
by Fintech News Desk0
Leading global digital payments infrastructure company, TerraPay, announces that it has secured the money services business (MSB) license in the State Of Florida, The United States Of America. This license will facilitate the company’s unparalleled and robust cross-border payments infrastructure to mobilize international remittances from the region in real-time, at low costs,......
TabaPay Announces Investment from SoftBank Vision Fund 2
Digital Payments News

TabaPay Announces Investment from SoftBank Vision Fund 2

Fintech News Desk
by Fintech News Desk0
The new investment will support TabaPay to rapidly respond to the tremendous client demand and allow for faster global expansion TabaPay, the leading instant money movement platform, announced an investment by the SoftBank Vision Fund 2, the world’s largest technology-focused investment fund. This new investment validates TabaPay’s vision and expansion......
By 2030, 74 Percent Of Consumer Payments Will Be Handled by Non-traditional Financial Service Providers
Digital Payments News

By 2030, 74 Percent Of Consumer Payments Will Be Handled by Non-traditional Financial Service Providers

Fintech News Desk
by Fintech News Desk0
“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 According to a new study by IDC Financial Insights commissioned by Episode Six, a payments technology company, 74% of consumer payments will be handled by non-traditional financial service institutions (FSIs) by 2030[i]. This figure is an increase from 60% in......
Partnering with Fintechs and Simplifying Payments Key Drivers to Banks’ Modernization Plans, Global Study Reveals
Digital Payments Fintech News

Partnering with Fintechs and Simplifying Payments Key Drivers to Banks’ Modernization Plans, Global Study Reveals

Fintech News Desk
by Fintech News Desk0
An increasing number of banks are looking to implement a modern payment hub – with 77 percent of respondents saying that ‘faster adoption of new payment methods’ would be the critical feature required from such a solution Almost two-thirds of banks globally (65 percent) say Open APIs that enable access......
Vartana Launches With $57 Million in Seed Funding to Be the “Affirm for B2B”
B2B Digital Payments News

Vartana Launches With $57 Million in Seed Funding to Be the “Affirm for B2B”

Fintech News Desk
by Fintech News Desk0
Seed Round Led by Audacious Ventures & i80 Group; Offers the First Managed B2B Checkout Platform with an Innovative, Modern BNPL (buy-now-pay-later) Model Vartana, a provider of managed checkout and BNPL options for businesses, announces its launch with $57 million in seed funding. The new capital includes $7 million in......
Public Mint Partners with Abra to Tap Additional Source of Yield for EARN Platform
Blockchain Cryptocurrency News

Public Mint Partners with Abra to Tap Additional Source of Yield for EARN Platform

Fintech News Desk
by Fintech News Desk0
Public Mint, the fiat-based blockchain and payments infrastructure, has partnered with Abra, a leading wealth management platform with functionality for buying, selling, trading and earning interest on cryptocurrencies, to offer lucrative yield opportunities on the EARN program. Public Mint will deploy a portion of the funds allocated to the program to......
Factor Secures $6 Million To Modernize Supply Chain's "First Mile" Payments Infrastructure
Digital Payments Fintech News

Factor Secures $6 Million To Modernize Supply Chain’s “First Mile” Payments Infrastructure

Fintech News Desk
by Fintech News Desk0
Startup’s Seed Round Led by Gradient Ventures, Google’s AI-Focused Fund, Offers Customers Reliable & Streamlined Order Infrastructure Factor, the leading payments and order management platform for the global supply chain, announces that it has raised $6 million in seed funding, led by Gradient Ventures, Google’s AI-focused fund, with participation from investors Xfund, Afore, and South Park......
Payfare, Wise to Bring First International Money Transfer Capabilities to the North American Gig Workforce
Banking Digital Digital Payments Mobile Banking News

Payfare, Wise to Bring First International Money Transfer Capabilities to the North American Gig Workforce

Fintech News Desk
by Fintech News Desk0
Wise will be embedded into Payfare’s digital banking platform, enabling gig workers to quickly send international payments to 80+ countries Payfare and Wise, the global technology company building the best way to move money around the world, announced plans to bring fast, low-fee and secure international money transfer capabilities to Payfare’s......
alsoug Raises $5M in First Foreign Tech Investment Into Sudan Since Lifting of International Sanctions
Digital Payments Fintech News

alsoug Raises $5 Million in First Foreign Tech Investment Into Sudan Since Lifting of International Sanctions

Fintech News Desk
by Fintech News Desk0
Investment marks first major foreign investment into a Sudanese technology business since sanctions were lifted in 2020 – a major milestone for the tech sector in the country. alsoug is the largest digital classifieds and marketplace nationwide and will now expand its reach into fintech and payments, becoming the largest......
TerraPay appoints Deepak Bhutra as the President of Business Development and Strategy - Payments
B2B Digital Payments News

TerraPay appoints Deepak Bhutra as the President of Business Development and Strategy – Payments

Fintech News Desk
by Fintech News Desk0
In a strategic move to strengthen the Payment Solutions business, TerraPay, a global payments infrastructure company announced the appointment of Mr. Deepak Bhutra as the President of Business Development and Strategy-Payments. Deepak brings in over two decades of rich frontline industry experience across various organizations, helping them build their businesses......
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