Tag: Payments

Payment gateway Peach Payments has partnered with Capitec to launch Capitec Pay, a new open banking payment method.

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, 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.

Pagos, a payments intelligence company, has scored $34m in a Series A funding round headed by Arbor Ventures.

Green Check Verified, a FinTech platform for the legal cannabis sector, has closed its Series A funding round on $6m.

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.

FinTech giant Stripe has launched Enhanced Issuer Network, a set of partnerships with major US card issuers, with the aim of reducing fraud.

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.

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 have officially launched the linkage between the former’s PayNow solution and the latter’s Unified Payments Interface.