Payments Processors news and trends

Argentine FinTech Tapi Raises $22 Million Amid Expansion Into Mexico
Payment Methods // July 14, 2024

Argentina-based payments processor Tapi has reportedly raised $22 million in new funding. The company will use the Series A funding to help fuel its expansion into Mexico, Co-Founder/CEO Tomas Mindlin said in a Bloomberg News interview Friday (July 12). According to the report, Tapi processes...

Thredd Enters US Card Issuing Market With B4B Partnership
Partnerships // March 19, 2024

Payments processor Thredd has entered the U.S. debit and prepaid card issuing market. The company announced this milestone Tuesday (March 19), saying it was happening via an extension of its partnership with B4B Payments. “Banking-as-a-Service (BaaS) provider, B4B, who has operated in the U.S. since...

Report: Shift4 CEO Says Bids From Buyers Fall Short
Acquisitions // March 17, 2024

Shift4 Payments’ CEO is reportedly unhappy with the offers from potential buyers for his firm. Chief Executive Jared Isaacman said those bids failed to “sufficiently value” the payments processor, Bloomberg News reported Sunday (March 17), citing an eternal memo. According to the report, the memo said...

Adyen Revenue Climbs 23% After Rocky First Half
Payment Methods // February 08, 2024

Adyen says the second half of 2022 was much stronger than the first. The Dutch payments firm on Thursday (Feb. 8) released half-year financial results showing a 29% jump in processing volume and a 23% increase in net revenues. The company’s stock plummeted last summer...

Interviews & Exclusives
How AI Helps Visa ‘Step In’ (Smartly) When Issuers Go Offline

August 26, 2020
Getting transactions done — particularly card transactions — requires a seamless flow of card-level data between cardholders, card networks, acquirers and issuers. When part of that ecosystem goes offline, faces a service interruption or technical difficulties, there needs to be a “back up” to ensure that commerce proceeds without a hitch. Wednesday (Aug. 26), Visa announced Visa […]

In Processing, Refocusing On Service

October 26, 2016
Here’s a question for payments processors: At what point does value add become a distraction and detraction from the business at hand? According to Don Kasdon, CEO at credit card...

Quick Reads
Stripe Buys Lemon Squeezy in Bid to Scale Merchant of Record Selling

July 29, 2024
Payments processing startup Lemon Squeezy has been acquired by Stripe. Lemon Squeezy announced the acquisition on its blog last week, saying the deal marks a culmination of a relationship that began when the company was founded in 2021. “Along the way, we received many acquisition offers and (Series A) term sheets from investors,” the blog […]

Argentine FinTech Tapi Raises $22 Million Amid Expansion Into Mexico

July 14, 2024
Argentina-based payments processor Tapi has reportedly raised $22 million in new funding. The company will use the Series A funding to help fuel its expansion into Mexico, Co-Founder/CEO Tomas Mindlin...

Thredd Enters US Card Issuing Market With B4B Partnership

March 19, 2024
Payments processor Thredd has entered the U.S. debit and prepaid card issuing market. The company announced this milestone Tuesday (March 19), saying it was happening via an extension of its...

Report: Shift4 CEO Says Bids From Buyers Fall Short

March 17, 2024
Shift4 Payments’ CEO is reportedly unhappy with the offers from potential buyers for his firm. Chief Executive Jared Isaacman said those bids failed to “sufficiently value” the payments processor, Bloomberg News...