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To The Moon adds debit card to mobile network bundle

/startups

To The Moon adds debit card to mobile network bundle

Mobile virtual network operator To The Moon has added a debit card to its SIM-only offering, enabling users to manage their network and finance needs in one space.

Santander cards go green in Spain

/sustainable

Santander cards go green in Spain

Santander has begun rolling out its sustainable payment cards made with recycled material in Spain.

Barclaycard rolls out multicurrency payment service for businesses

/payments

Barclaycard rolls out multicurrency payment service for businesses

Barclaycard is rolling out a product that enables businesses to accept payments from cardholders in their local currency, then automatically converts the funds and settles the payment in either sterling, euro or US dollars, using a locked-in rate.

Visa to house 1000 staff in new Atlanta office

/payments

Visa to house 1000 staff in new Atlanta office

Visa is to build a new office hub in the fintech-savvy city of Atlanta, tapping in to the city's entrepreneurial spirt and local talent pool.

Braintree vets bring embedded finance platform out of stealth with $54 million raise

/startups

Braintree vets bring embedded finance platform out of stealth with $54 million raise

Highnote, a card issuing startup founded by a pair of Braintree veterans, has emerged from stealth mode with $54 million in combined funding from both a Seed and Series A round.

Lloyds gives users control over contactless limits amid fraud fears

/security

Lloyds gives users control over contactless limits amid fraud fears

Lloyds Banking Group customers will be able to set their own limits when the new £100 ceiling on contactless card payments comes into effect next month.

Entrust acquires Antelop

/payments

Entrust acquires Antelop

Entrust is to gain a foothold in the digital card issuance space with the acquisition of Paris-based Antelop.

Wells Fargo and Mastercard invest in Bilt rewards programme for renters

/startups

Wells Fargo and Mastercard invest in Bilt rewards programme for renters

Wells Fargo and Mastercard have joined a $60 million growth funding round for Bilt Rewards, a loyalty programme and credit card that enables property renters to earn points on their payments.

Monzo adds card payments to Pots

/retail

Monzo adds card payments to Pots

Monzo subscribers can now make card payments from their saving 'Pots' with the digital bank.

BRC calls for abolition of interchange fees as more consumers pay with plastic

/payments

BRC calls for abolition of interchange fees as more consumers pay with plastic

The British Retail Consortium is calling on politicians to tackle the cost of card fees in the UK, as new research reveals that four in every five pounds spent in UK shops is now made by plastic.

Mastercard and Mourinho offer UK customers the chance to win signed NFT

/payments

Mastercard and Mourinho offer UK customers the chance to win signed NFT

Mastercard is offering customers the chance to win its first-ever Non-Fungible Token (NFT), created in partnership with global amabassador and soccer coach José Mourinho.

Curve joins BNPL scramble

/payments

Curve joins BNPL scramble

All-in-one card fintech Curve has become the second UK firm this week, after Monzo, to launch a buy now, pay later service called Flex.

JP Morgan starts processing US credit cards on Alibaba.com

/payments

JP Morgan starts processing US credit cards on Alibaba.com

JP Morgan Merchant Services has begun processing US credit card payments for Alibaba's B2B business unit.

Credit building firm Self raises $50m

/startups

Credit building firm Self raises $50m

Self Financial, a fintech startup promising to help Americans build their credit while also saving money, has raised $50 million in a Series E funding round led by Altos Ventures.

Monzo applies fashionable BNPL sheen to old fashioned credit line

/payments

Monzo applies fashionable BNPL sheen to old fashioned credit line

Monzo's much heralded buy now, pay later product appears to be more akin to an old-fashioned pre-approved line of credit, giving customers the option to pay off loans interest free over three instalments or incur a 19% APR interest rate for longer instalment plans.

TomoCredit raises $10m for credit-building card

/inclusion

TomoCredit raises $10m for credit-building card

TomoCredit, the US startup behind a credit card designed to help first-time borrowers build credit history, has raised $10 million in a Series A funding round led by Kapor Capital and KB Investment, a subsidiary of South Korea’s Kookmin Bank.

Contactless transactions surge in cash loving Germany, Austria and Switzerland

/payments

Contactless transactions surge in cash loving Germany, Austria and Switzerland

More than three quarters of cashless transactions in Germany, Austria and Switzerland are now contactless, a remarkable turnaround from pre-pandemic figures of just 40%.

Marqeta and Zip announce BNPL partnership in Australia

/payments

Marqeta and Zip announce BNPL partnership in Australia

Marqeta, the global card issuing platform, has today announced its partnership in Australia with leading player in the digital retail finance and payments industry, Zip.

Point raises $46.5 million to give millennials a rewards-based alternative to credit cards

/startups

Point raises $46.5 million to give millennials a rewards-based alternative to credit cards

Reward-based debit card startup Point has closed a $46.5 million Series B funding round led by Peter Thiel's Valar Ventures.

Jeeves raises $57m for expense management platform

/startups

Jeeves raises $57m for expense management platform

Jeeves, an expense management platform for global startups, has raised $57 million in a Series B funding round at a $500 million valuation.

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