Thiago Piau runs StoneCo Ltd. a company which has been successful in the payments space dominated by Brazil’s largest banks;...
Druo's technology creates an ecosystem that enables B2B users to charge or pay directly to any bank account without having to go through the complex network of financial intermediaries.
Consumer behavior is changing as most purchases move online and in-store payments are increasingly contactless; many fintechs in the payments...
Ebury is a payments platform which is now 50.1% owned by Banco Santander; the bank paid $453 million; Ebury’s platform...
Stripe, the payments platform has raised $600 million which is an extension of their Series G round that closed last...
One of the byproducts of the current crisis is governments around the world have started to really think about digital...
US regulators plan to continue their enforcement of crypto, leaving the industry without much needed clarity. However, FIs carry on adoption.
Paytm is looking to expand beyond their Indian roots and Canada is their first test case; “Paytm Canada is our beta test, or our warhead to get an entry into new geography beyond India,” said founder and CEO Vijay Shekhar Sharma to TearSheet; while their bill pay products help top build customers their big revenue driver is when businesses pay them fees to accept payments; the current test case in Canada has Paytm signing up thousands of Canadian companies where they incentivize customers to pay bills with cash back offers; having a large Indian population in Canada has helped the company gain early success, but expanding to markets like the US is a different type of challenge. Source.
Payments fintech Marqeta’s valuation could reach as high as $8bn when the company goes public in early 2021; the company...
iZettle has raised 60 million euros ($63.46 million) in a Series D funding round and hired a new chief financial officer; the firm is now valued at more than $500 million; says an initial public offering is one scenario it is considering for its next growth phase; the payment processing firm is comparable to US-based Square, offering card readers and credit financing for merchants; iZettle is based in Sweden and provides its service in 12 markets with market transactions led by the UK. Source