Splitit partners with UnionPay, the world’s largest card network of 9 billion cardholders
This will give UnionPay cardholders and those accepting UnionPay the opportunity to utilize Splitit’s installment payments product.
Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation
Ramp, a fintech startup that offers corporate cards and software for managing employee expenses, raised $115 million in a funding round led by digital payments giant Stripe and D1 Capital Partners, valuing it at $1.6 billion, it said on Thursday. The two-year-old New York-based firm competes with American Express, new-age fintech startups such as Brex and older expense management software makers like Expensify and SAP Concur. Stripe, which had invested in Ramp previously as well, had in March raised $600 million at a valuation of $95 billion. To read more, please click on the link below… Source: Payment giant Stripe funds fintech startup Ramp at $1.6 billion valuation | Reuters
Emersion launches in US ahead of strong forecast market growth
Novatti Group Limited announce that its cloud subscriber billing, business automation and payments platform, Emersion, has launched in the US.
Fintech giant Fiserv to acquire Pineapple Payments
Global fintech giant Fiserv announced that it has signed a definitive agreement to acquire Pineapple Payments.
Airwallex’s latest US$100 million capital raising puts valuation at US$2.6 billion
Airwallex announced that the company’s valuation has increased to US$2.6 billion with a capital raising of US$100 million in a further Series D extension.
Citcon announces support for 100+ new mobile wallets and local payment methods on its payment platform
Citcon have announced the new availability of LATAM and Asia Pacific’s most popular mobile wallets and local payment methods on its platform.
Nayax launches new ecommerce site for online purchases of complete cashless payment solution
Nayax, the leading cashless payment provider for merchants and unattended retail is excited to announce the launching of their new ecommerce capabilities.
DTCC proposes way forward to achieving global data harmonization in derivatives trade reporting
The Depository Trust & Clearing Corporation (DTCC) today outlined a three-prong plan to further harmonize derivatives trade reporting requirements.
