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/payments

Adyen to offer Cash App Pay to US customers

Adyen (AMS: ADYEN), the global financial technology platform of choice for leading businesses, has partnered with Cash App (Block, Inc.) to offer Cash App Pay, a mobile payment method, to Adyen's U.S. customers. Businesses working with Adyen will have access to Cash App Pay as an integrated payment method for their U.S. customers.

Indonesian anti-trust agency investigates unfair Google app payments

/regulation

Indonesian anti-trust agency investigates unfair Google app payments

Indonesian watchdog KPPU is investigating Google for breaching anti-monopoly laws and carrying out unlawful business practices on the Google Play Store.

/startups

Carbon-neutral online shopping startup Curbon goes live in South Africa

With a goal to curb carbon emissions, South African startup Curbon, will make carbon-neutral online shopping possible through the launch of the country’s very first plugin created to help fight climate change.

/wholesale

Wayflyer expands into four new European markets

Wayflyer, the revenue-based financing and growth platform for eCommerce businesses, today announces it has recently expanded into four additional European markets.

Bolt cans $1.5bn Wyre acquisition

/crypto

Bolt cans $1.5bn Wyre acquisition

Online checkout company Bolt has pulled the plug on its $1.5 billion deal to buy blockchain infrastructure provider Wyre.

/payments

Nochex partners Mastercard to roll out Click to Pay

Nochex Ltd, the UK's leading independent provider of payment services, has today announced it will be working with Mastercard to roll out Click to Pay.

Revolut unveils online checkout feature

/payments

Revolut unveils online checkout feature

Fintech superapp Revolut is taking on PayPal with its own one-click payment checkout feature for online purchases.

/security

Paytm unveils fraud risk management platform, Pi

Paytm Labs, the advanced R&D division of fintech giant Paytm, has launched Pi, an ML-powered fraud risk management (FRM) platform designed for fintechs, banks and eCommerce marketplaces with high transaction volumes. Pi was developed from scratch at its innovation lab because existing fraud management systems were not fast enough or robust enough to handle the hundreds of millions of decisions required each day by Paytm.

/payments

Tabby expands to Egypt

Tabby, the Middle East’s leading payments and shopping app, announced its launch in Egypt, enabling shoppers to pay over time without any interest or fees.

/people

Paysend names CFO

Paysend, the UK-based fintech, today announces the appointment of Wilhelm Rohde, as Group Chief Financial Officer (CFO), effective 01 September, 2022

/payments

Mondu bolsters executive team

B2B payments company Mondu has announced the appointment of two senior hires to its c-suite. Mondu has welcomed Julian Kurz as CCO and Lauren Hoehlein Joseph as CPO, who will support the expansion of Mondu’s team and product internationally.

/payments

EMS appoints chief executive

European Merchant Services (EMS) has appointed Joachim Goyvaerts (44) as Chief Executive Officer.

/wholesale

Wayflyer, scores $253m debt financing

Wayflyer, the revenue-based financing and growth platform for eCommerce businesses, has secured a $200mn (plus $53mn mezzanine) debt financing facility from Credit Suisse.

/payments

Marketplace payments platform Ryft secures seed investment

Ryft, the revolutionary PSD2 compliant payments system, has raised a large seed round, led by SFC Capital, the UK’s most active seed-stage investor.

SumUp launches e-wallet app

/payments

SumUp launches e-wallet app

London-based mPOS unicorn SumUp is expanding into the B2C payments space through the launch of a digital wallet with integrated loyalty scheme.

Visa tokens overtake physical cards in circulation

/security

Visa tokens overtake physical cards in circulation

Visa has issued its four billionth network token for e-commerce payments, surpassing the number of physical cards it has in circulation worldwide.

Aussie buy-to-earn startup Hello Clever raises A$4.5m

/payments

Aussie buy-to-earn startup Hello Clever raises A$4.5m

Hello Clever, an Australian 'buy-to-earn' startup that gives shoppers real-time cashback, has raised A$4.5 million in seed funding.

Prometeo launches Latin America's first A2A payments platform

/payments

Prometeo launches Latin America's first A2A payments platform

Prometeo Open Banking has launched what it claims is the first pan-regional Account-to-Account (A2A) payments offering in Latin America.

/startups

CabbagePay arrives in major US cities

FinTech startup CabbagePay has officially launched in major US cities with its goal to redefine the way money moves for all businesses, as it continues to penetrate brands, stores, websites, and apps.

Adyen share tumble on H1 results

/payments

Adyen share tumble on H1 results

Shares in Adyen fell by more than 10% in morning trading as strong first half revenue growth was offset by squeezed profit margins. Separately, the Dutch payments processor has unveiled its own range of in-house designed terminals.

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