In an op-ed in City A.M. the Lord Mayor of London, William Russell, argues that the fintech revolution began in...
Mark Gould, Chief Payments Executive for Federal Reserve Financial Services on the rollout of FedNow
When FedNow launched last July there was a lot of pressure on the Fed to get this move into instant payments right. The head of FedNow, Mark Gould, shares how the rollout has gone.
Payments startup Marqeta is looking to hire investment banks to advise the company on a potential IPO; the company has...
While most companies are trying to conserve cash and figure out how they can make it to the other side,...
Famed venture capitalist Mary Meeker is out with her annual intervened trends report which is seen a required reading for...
The CEO of Pipe, Luke Voiles, discusses the fintech approach to small business lending and why it is so important to be in the payments flow.
Marqeta has hired its first employee in London as it aims for a 2018 European launch; the firm provides payment card technology and works with other fintech firms such as Square and Kabbage; they have raised a total of $76 million, which includes a recent $25 million investment which was led by Visa; CEO Jason Gardner stated in a Business Insider interview, “The use-cases we see here in the US and Canada are very similar to the use-cases we see in Europe. Since our inception [we] have always seen ourselves as a global issuer-processor and Europe is obviously an enormous market.” Source
Marqeta last raised a round of funding at a $1.9 billion valuation in March 2019; while details of the round...
Payments fintech Marqeta’s valuation could reach as high as $8bn when the company goes public in early 2021; the company...
MasterCard and Facebook Messenger have teamed up to bring Nigerian small businesses digital payments and banking; 98 percent of Nigerians use cash when transacting with businesses; businesses message a Masterpass QR bot on Facebook Messenger to help enable QR code payments; the partnership is then supported by Nigeria’s Ecobank and Zenith Bank by setting up those businesses with accounts at the banks; the biggest hurdle in a partnership like this is the consumers or small businesses cannot transact with one another and so adoption is slow, though the partnership hope to solve that issue. Source.