Tag: Payments

CHEQ, which identifies itself as the world first social payments platform, has raised $8m in its seed funding round.

Online payment solution AstroPay has teamed up with cryptocurrency exchange Huobi Global to provide fiat to crypto payment services in Latin America.

Chile-based Xepelin, a payment platform for business and financial services for SMEs in Latin America, has reportedly received a $140m loan from Goldman Sachs.

The value of contactless payment transactions is expected to reach $10trn by 2027, up from $4.6trn in 2022, according to data from Juniper Research.

Kuda, a Nigerian challenger bank, has launched in the UK as part of its major global expansion efforts.

KodyPay, which is helping to simplify in-person payment acceptance, has raised $5m in its pre-Series A funding round.

Mexico-based commerce and digital payments platform Clip has received a $50m credit facility from Morgan Stanley, JP Morgan and HSBC.

Payments firm SlimPay and open banking platform Tink have teamed up to provide merchants access to open banking powered account-to-account payments.

Over half 59% of consumers are more concerned about becoming a victim of fraud now compared to how they felt in 2021, according to a report from Paysafe.

The Federal Reserve has accelerated the timing of the launch of FedNow, its real-time payments service, to the summer of 2023. ?