DailyPay secures $175m in latest funding round, valuation soars
DailyPay, the trailblazer in the on-demand pay sector, has secured a staggering $175m. This financial infusion is a blend of a $75m equity round and a $100m increase in an existing secured credit facility, with the additional financing generously provided by banking giant Citi.
Pomelo bags $40m to bolster Latin American payment infrastructure
Pomelo, an innovative Argentinian payments infrastructure firm, has successfully closed a substantial funding round.
Visa expands payment solutions with pioneering acquisition of Pismo
Visa has announced the acquisition of Pismo, a trailblazing firm renowned for its cloud-native issuer processing and core banking platform.
TreviPay and Mastercard unite to enhance B2B credit options
TreviPay, known as the most trusted B2B payments and invoicing network, has partnered with Mastercard, a leader in global payments and technology. Through the deal, TreviPay is introducing its Universal Acceptance solution. This initiative aims to extend supplier access and expedite the implementation of TreviPay’s innovative payments and invoicing technology.
Mangopay and Storfund’s new alliance for immediate seller payouts
Mangopay, a renowned payment infrastructure provider, and Storfund, a FinTech innovator, have recently joined forces.
Chimoney partners with Corpay to transform global payouts
Chimoney, a Toronto-based global payment solutions provider, has forged a strategic collaboration with Corpay2, a part of FLEETCOR and a global leader in business payments. This collaboration aims to create unparalleled financial inclusion and economic empowerment, revolutionizing the domain of cross-border transactions and global payouts.
Mastercard unveils AI mentor: a revolutionary tool for global small businesses
Mastercard, a global leader in payment solutions, has embarked on a new venture that aims to bolster the small business community worldwide.
Finix revolutionises money movement with new Payouts product
Finix, renowned in the FinTech sector for its innovative solutions, announced today the launch of Payouts, its newest standalone product line. This product is set to transform how businesses send and receive payments, irrespective of their engagement with the broader Finix payments platform.
Onbe and TimeForge partner to digitise restaurant tips, enhancing payout process
Onbe, which specialises in modern corporate payout platforms, has teamed up with TimeForge, a comprehensive labor management system catering to the retail and food...
GoCardless and JustGiving revolutionize charitable donations with open banking payments
GoCardless, the bank payment company, and JustGiving, the renowned online donation platform, have announced an expansion of their existing partnership.