In today’s FinTech news, PayGround and Plastiq have teamed up on app-based healthcare payments, while non-fungible token (NFT) minting firm Dibbs signed with Socure for identity authentication. Plus, Kora Rewards is making it easier for students to earn cash-back rewards.
PayGround Partners with Plastiq on Digital Wallet, Health Payments
HealthTech firm PayGround has partnered with payments platform Plastiq to drive patient payments to healthcare providers. Patients can make payments by credit, debit or flexible spending and health savings account cards card on the PayGround mobile app.
Dibbs Taps Socure for ‘Know Your Customer’ Platform, Identity Verification
Real-time blockchain marketplace Dibbs is working with digital identity verification and fraud solutions firm Socure to elevate its onboarding experience.
Dibbs mints collectibles as NFTs after selling fractions of the physical collectibles in real-time, and will utilize Socure’s ID+ as its identity verification and fraud platform.
Bitcoin Co. Nets $2M in Seed Round
Rewards, banking and exchange services app Bitcoin Co. is using its seed funding to expand the number of products in its suite of solutions.
Investors included dozens of bitcoin community members as well as bitcoin-focused investors such as Seetee, Mimesis Capital, Fulgur Ventures, Lightning Ventures and others.
Kora’s Student Virtual Card Offers Cash-Back Rewards
FinTech Kora is launching Kora Rewards in partnership with digital advertising platform Cardlytics to offer automatic cash-back rewards of up to 10%. The offering is intended to benefit students in particular, many of whom largely have few options of earning cash-back rewards on their spending.
B2C Provider Gupshup Acquires Active.Ai
Conversational business-to-consumer messaging firm Gupshup signed an acquisition deal for artificial intelligence (AI)-powered digital financial services firm Active.Ai. Specializing in voice, text, and video messaging, Active.Ai works with businesses in the banking, financial services and insurance sectors.
Plastiq Launches Plastiq Pay to Boost SMB Cash Flow
Plastiq Pay is a new product by Plastiq that automates invoice receipts, payment approval routings, submissions and bill reconciliation. Business finances can be handled using the mobile app, which can also help small businesses connect to working capital.
PopID, Visa Partner to Debut Facial Verification Payments in the Middle East
Consumer authentication service PopID and Visa have partnered to launch facial verification payment acceptance in the Middle East. Facial biometric payments offer cardholders a seamless and secure way to authenticate and make a payment.
BNPL Firm Pace Launches Virtual Card
Buy now, pay later (BNPL) startup Pace has introduced a virtual card in Singapore to make payments easier and more secure.
The service is available for online purchases with Pace merchants, including Razer and Dreamcore, and plans are in the works for the virtual cards to be accepted at checkout in-store.