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Latest Results from /payments

/payments

Félix raises $75 million for WhatsApp-based stablecoin remittance platform

Félix, a chat-based platform that utilises WhatsApp and stablecoins to enable Latino immigrants in the US to send money abroad, has secured $75 million Series B in equity and growth financing.

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Turkey's Sipay raises $78 million

Turkish emebedded finance fintech Sipay has raised $78 million at a valuation of $875 million.

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Mondu expands B2B payment network across Europe with Payin3 and Lemonway

Berlin-based Mondu is expanding its distribution across Europe through new partnerships with Payin3 and Lemonway, providing businesses and marketplaces with the same ease and convenience of consumer payments and buy now, pay later options.

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Luxembourg banks pick LuxHub as VoP provider

Open banking startup LuxHub has signed up six major banks in Luxembourg to its Verification of Payee (VoP) and Routing and Verification Mechanism (RVM) technology.

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Contactless dominates UK spending

A record 94.6% of all eligible in-store card transactions in the UK were made using contactless last year.

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Brazil to add instalment payments to Pix

Brazil's central bank is set to allow users of the Pix instant payments system pay for their transactions in instalments.

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Juspay raises $60 million

Payment orchestration platform Juspay has secured $60 million as part of its Series D funding round.

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Lloyds' embedded finance head Lee Dunne departs for payabl.

Payabl. has appointed Lee Dunne, former head of embedded finance at Lloyds Banking Group, as banking lead.

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Toulouse lets commuters pay their fare with crypto

Public transport passengers in the French city of Toulouse can now pay for their rides in bitcoin.

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Coin-cidence? Is cashless society leading to few kids eating coins?

Researchers from the UK’s National Health Service have identified a possible unexpected benefit of the rise in contactless payments: fewer children are turning up at hospitals after swallowing coins.

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Klarna pauses IPO plans as Trump tariffs cause market turmoil

Klarna has paused plans for its initial public offering amid market turbulence sparked by President Donald Trump's tariffs.

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M&T Bank and Mass Fintech Hub: Competition and collaboration now a synonymous positive

As the industry has evolved rapidly, it has created a unique blend of challenges for both traditional banks and fintech firms that make a symbiotic relationship between the two more critically important. Looking at the history of this evolution and towards the future, there is a growing realisation that a fierce rivalry is long gone and, in its place, partnership and friendly competition.