Social payments app Meemo launches custom digital gift card platform

Social payments app Meemo launches custom digital gift card platform

Meemo, a payments app that tracks user transactions and offers merchant rewards, launched a website where users can create personalized gift cards.

Read More

TransferWise is said to be planning a 2021 IPO

TransferWise is said to be planning a 2021 IPO

TransferWise, the U.K.-based cross-border payments fintech that’s reportedly valued at $5B, is preparing to go public in the new year, according to Sky News.

Read More

Google Pay launches merchant cash back rewards, supported by Fidel API

Google Pay launches merchant cash back rewards, supported by Fidel API

Google Pay launched merchant cash back rewards through a partnership with U.K.-based startup, Fidel.

Read More

U.S. Bank taps Canadian startup Vouchr on Zelle e-greeting card launch

U.S. Bank taps Canadian startup Vouchr on Zelle e-greeting card launch

Zelle, the bank-backed peer-to-peer (P2P) payments network, is going social through the introduction of e-greeting cards. The feature was launched by U.S. Bank this week, and promises to add a ceremonial touch to peer-to-peer transactions.

Read More

Paysafe to go public through merger with Bill Foley-backed SPAC

Paysafe to go public through merger with Bill Foley-backed SPAC

On Monday, Dec. 7, Paysafe confirmed a merger with a special purpose acquisition company (SPAC) backed by investor Bill Foley, Foley Trasimene Acquisition Corp II – a deal that valued the payments platform at $9B.

Read More

Stripe partners with Goldman Sachs, Citi on business bank accounts

Stripe partners with Goldman Sachs, Citi on business bank accounts

Stripe, a firm whose tools allow merchants to accept payments, is partnering with Goldman Sachs and Citibank on a business bank account offering for their clients, the Wall Street Journal reported.

Read More

Stripe reportedly in fundraising talks, which could propel valuation beyond $70B

Stripe reportedly in fundraising talks, which could propel valuation beyond $70B

Stripe, whose technology allows merchants to accept payments, is in talks regarding a new funding round, Bloomberg reported, citing unnamed sources.

Read More

Google Pay takes on Venmo with updated app and peer-to-peer features

Google Pay takes on Venmo with updated app and peer-to-peer features

A revamped Google Pay app rolling out this week will include bank accounts, peer-to-peer payments, and personal finance features.

Read More

CVS begins to accept Venmo and PayPal QR code payments

CVS begins to accept Venmo and PayPal QR code payments

This week, pharmacy retailer CVS announced that customers can use Venmo and PayPal QR codes on their phones to pay for goods at stores.

Read More

AppBrilliance raises $3M to grow API-based payment tools

AppBrilliance raises $3M to grow API-based payment tools

AppBrilliance, an Austin-based payments tech firm, just raised a $3M seed investment to grow its API-based open payment and banking tools.

Read More

Brex launches instant payouts for e-commerce merchants

Brex launches instant payouts for e-commerce merchants

Brex, a Silicon Valley-based card and financial product company that serves businesses, is rolling out a new function whereby e-commerce merchants will be able to get paid immediately.

Read More

Ant Group to raise more than $34B in biggest IPO of all time

Ant Group to raise more than $34B in biggest IPO of all time

Chinese financial firm Ant Group, which oversees mobile payment platform Alipay is on pace to raise more than $34B in an IPO, when its shares begin trading in Hong Kong and Shanghai.

Read More

Chase challenges Square and other fintechs with mobile card reader and faster deposits

Chase challenges Square and other fintechs with mobile card reader and faster deposits

JPMorgan Chase has launched a smartphone card payment reader called QuickAccept, along with free instant transfers to merchant accounts.

Read More

Stripe acquires Nigerian payments company Paystack for $200M

Stripe acquires Nigerian payments company Paystack for $200M

Payment processing giant Stripe has acquired Nigerian payments company Paystack, a 5-year-old company whose tech stack allows businesses to accept payments on websites and mobile apps.

Read More

Walmart pushes QR code-based payments in next-generation stores

Walmart pushes QR code-based payments in next-generation stores

Walmart is channeling Amazon Go in its new store designs, including cashier-free checkouts where customers can pay with QR codes through the Walmart Pay digital wallet.

Read More