Mastercard agrees $300m cornerstone backing for IPO of PE-backed Network International
Mastercard has agreed to make a $300m cornerstone investment in the planned London IPO of private equity-backed payments processing business Network International.
Card payments platform Marqeta said to near $1.9bn valuation through new Series E round
Payments startup Marqeta is reportedly in advanced talks to raise about $250m of new capital to reach a valuation of just under $1.9bn. The card...
MercadoLibre raises $2bn amid share offering, Paypal, Dragoneer invests
Latin American e-commerce platform MercadoLibre has raised $2bn from a public share offering and direct investments from PayTech giant PayPal among others. The company offered around $1.15bn of...
FinTech investor Green Visor eyes up to $100m for third fundraise
FinTech-focused early-stage investment firm Green Visor Capital is back in the market eyeing up to $100m for its third fund.
Sbanken picks Nets account service to handle PDS2 changes
Norwegian bank Sbanken has selected Nets' access to account services to provide its customers with access to all their bank accounts through one platform. In response to the Payment Services...
Worldpay hits $43bn valuation in buyout by FinTech major FIS
Global payments business WorldPay has hit a $43bn valuation including debt by being bought out by New York-listed fintech major FIS.
90% of US consumers want added security measures on mobile transactions, study finds
A study from Entersekt has found 90 per cent of US consumers value additional security measures when completing mobile transactions.
UK to stay in SEPA following a no-deal Brexit
The European Payments Council Board has accepted an application which will enable UK Payment Service Providers to continue in the Single Euro Payment Area (SEPA) schemes.
iSign International works with SoftPoint to create ‘unhackable digital wallet’
US-based cybersecurity solution developer iSign International has partnered with SoftPoint to build a secure, ‘unhackable’ digital wallet.
Warburg brings in Israel-based strategic partners as it wraps up $690m Leumi Card buyout
US buyout giant Warburg Pincus has decided to bring in a trio of strategic partners amid completing its ILS2.5bn $690m purchase of Israel-based credit card services provider Leumi Card.
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