Payments Processing

Stripe Slashes Valuation of $55B Funding Campaign
Stripe Slashes Valuation of $55B Funding Campaign
March 01, 2023  |  Investments

Stripe has lowered the valuation of its $55 billion fundraise by around 10%. The reduction was reported late Tuesday (Feb. 28) by The Information, which...

READ MORE >
Stripe Reportedly Cuts Valuation for Third Time Since June 2022
Stripe Reportedly Cuts Valuation for Third Time Since June 2022
January 12, 2023  |  News

Stripe has reportedly reduced its internal valuation by 11%, the third cut since last year. The reduction represents an implied valuation of $63 billion for...

READ MORE >
MercadoLibre Tests Business Payments on WhatsApp
MercadoLibre Tests Business Payments on WhatsApp
December 07, 2022  |  Payments Innovation

Latin American eCommerce platform MercadoLibre is introducing digital business messaging payments with WhatsApp. In an interview with Reuters on Wednesday (Dec. 7), the CFO of...

READ MORE >
Access Group Bolsters Payments Business With Pay360 Acquisition
Access Group Bolsters Payments Business With Pay360 Acquisition
December 01, 2022  |  Acquisitions

The Access Group has confirmed the acquisition of Pay360 in the U.K. The group’s payment arm, Access PaySuite, has purchased Pay360 in a deal that...

READ MORE >
Twitter Reportedly Filed With FinCEN to Process Payments
Twitter Reportedly Filed With FinCEN to Process Payments
November 09, 2022  |  Digital Payments

Twitter has reportedly filed paperwork with the Financial Crimes Enforcement Network (FinCEN) to begin the process of registering to process payments.  The social media platform...

READ MORE >
Nuvei Reports 30% Growth in Payments Processing Volume
Nuvei Reports 30% Growth in Payments Processing Volume
November 03, 2022  |  Earnings

Canadian payments platform Nuvei reported better-than-expected third-quarter results Thursday (Nov. 3), with the company seeing a 30% increase in processing volume. “Results were driven by...

READ MORE >
Deutsche Bank Launches Vert With Fiserv in Germany
Deutsche Bank Launches Vert With Fiserv in Germany
October 12, 2022  |  Partnerships

A new payments startup is rolling out in Germany, sprung from the collaboration of multinational bank Deutsche Bank and FinTech services provider Fiserv. Called Vert,...

READ MORE >
Paymentus Expands Solutions for Patients, Healthcare Providers
Paymentus Expands Solutions for Patients, Healthcare Providers
October 04, 2022  |  Healthcare

Billing and payments platform Paymentus says it has expanded its solutions for healthcare providers while also offering new payment options for patients. According to a...

READ MORE >
PSCU Expands Partnership With ValleyStar to Provide Debit Processing
PSCU Expands Partnership With ValleyStar to Provide Debit Processing
September 20, 2022  |  Credit Unions

PSCU, the payments credit union service organization (CUSO), has expanded a partnership with ValleyStar Credit Union to provide debit processing support in addition to the...

READ MORE >