Tag: Payments
Payment gateway Peach Payments partners with Capitec
Payment gateway Peach Payments has partnered with Capitec to launch Capitec Pay, a new open banking payment method.
UK FinTech giant Revolut records first full year of profitability
UK FinTech giant Revolut has recorded its first full year of profitability, after it generated £100.3m adjusted EBITDA and £26.3m in profit for 2021.
Octane completes $406.9m securitisation
Octane, which claims to be revolutionising the buying experience for recreational purchases, has closed a $406.9m securitisation collateralised by its fixed-rate instalment powersports loans.
Payments intelligence platform Pagos inks $34m
Pagos, a payments intelligence company, has scored $34m in a Series A funding round headed by Arbor Ventures.
Green Check Verified nabs $6m to further bridge cannabis and finance
Green Check Verified, a FinTech platform for the legal cannabis sector, has closed its Series A funding round on $6m.
5 essential steps to secure digital payments
As digital payments continue to take the world by storm, Flagright has outlined the five essential steps FinTechs and neobanks can take to secure their digital payments.
Stripe launches Enhanced Issuer Network to combat fraud
FinTech giant Stripe has launched Enhanced Issuer Network, a set of partnerships with major US card issuers, with the aim of reducing fraud.
Why refunds are crucial to e-commerce success
Nearly a third of UK consumers (30%) are spending less online because refunds take too long and they’re worried about their bank balance, a report from Tink claims.
Revenue from embedded payments to reach $57bn by 2027
The global revenue from embedded payments for embedded finance vendors will reach $59bn in 2027, rising from $32bn in 2023, according to Juniper Research.
Singapore and India unveil real-time payments linkage
Singapore and India have officially launched the linkage between the former’s PayNow solution and the latter’s Unified Payments Interface.