Finextra Research: Latest fintech news, analysis, interviews, features and opinion by industry experts

Company update/startups

Paysend launches UK store for SMEs

Paysend, the UK-based fintech with over 7 million customers, today announces the launch of Paysend Store for UK merchants.

18 August 2022

Company update/payments

Aussie payments provider Pin Payments expands to New Zealand

Australia’s online payments provider Pin Payments has recently expanded its offering to New Zealand.

18 August 2022

Company update/people

AstroPay names Sofía Lanza chief banking officer

AstroPay, the payment solution of choice for millions of users globally, has appointed Sofía Lanza as Chief Banking Officer, as the company moves forward with its expansion plans into new markets and verticals.

11 August 2022

News/people

E-commerce lender Clearco axes 125 jobs

Canadian e-commerce lender Clearco is laying off 125 people - about 25% of its workforce - as it faces up to a slowdown in the sector and the wider economic downturn.

02 August 2022

Company update/payments

Rakuten Viber taps Rapyd for in-app payments

Rapyd, the leading global fintech platform, is partnering with Rakuten Viber, a worldwide leader in private and secure messaging and voice-based communication, to introduce in-app payment transactions to the Viber app and its millions of users.

29 July 2022

Company update/payments

B2B payments platform Balance closes $56m Series B

Balance, the leader in B2B marketplace and eCommerce payments, today announced a $56 million Series B fundraise, bringing the company’s total funding to $87M. The round was led by Forerunner Ventures with support from Salesforce Ventures, Hubspot Ventures, Lyra Ventures, and Gramercy Ventures.

26 July 2022

Company update/payments

Alipay announces measures to support merchants' digital transformation

Alipay, the leading digital open platform, today announced a number of measures to build up its efforts to support merchants as their operations become increasingly digital.

21 July 2022

News/startups

Charles raises $20m to unlock e-commerce in WhatsApp

Conversational commerce startup Charles has raised $20 million in Series A funding to help European sellers benefit from e-commerce in WhatsApp.

21 July 2022

News/payments

Google Wallet starts rolling out worldwide

The new Google Wallet has begun appearing on phones in dozens of countries as the tech giant tries to reboot its mobile payments system.

20 July 2022

News/payments

Southeast Asian countries prep QR code payment interoperability

The central banks of five major Southeast Asian countries are working to link up their QR code-based payments systems, according to Bloomberg.

20 July 2022

Company update/payments

Payments startup mx51 raises $32.5m

Payments technology company mx51 has successfully raised $32.5 million in a Series B round led by an undisclosed global fintech investor. Major existing investors including Mastercard, Acorn Capital, Commencer Capital, Rampersand and Artesian participated in the latest financing.

19 July 2022

News/payments

Instagram adds payments in chat

Instagram users can now buy products from small businesses using Meta Pay within the app's chat function.

18 July 2022

News/startups

Qori launches multi-channel pay by bank and pay by crypto tech

French startup Qori has launched, enabling Europeans to pay in store, remotely or online with their bank or crypto wallet without having to download a proprietary app.

12 July 2022

News/payments

Interac adds backup supplier following Rogers outage

Canadian debit network Interac is adding a backup network provider in the wake of last week's massive outage at Rogers, which left millions of customers unable to make payments.

11 July 2022

Company update/startups

DEUNA raises $37 million to expand e-commerce in LatAm

DEUNA, the commerce operating system that enables a 1-click checkout buying experience and an expanded sales network for e-commerce merchants, today announced it has raised a total of $37M including a $30M Series A round led by Activant Capital with participation from Valor Capital, Abstract Ventures, Acrew Capital, Upload Ventures (formerly Softbank Early Stage) as well as founders from Plaid, Kavak, Jeeves, Xepelin, iFood, R2, and others.

08 July 2022

News/payments

Bolt settles suit with customer Authentic Brands Group

Bolt has reached a settlement with one of its largest customers, which sued the check-out payments company over claims of faulty technology.

06 July 2022

Company update/payments

Klarpay becomes Visa principal member

Swiss fintech Klarpay AG has signed a global partnership with Visa on becoming a Principal Member of the Visa network – the membership grants Klarpay the ability to access Visa's bank-to-bank cross-border business transactions network, as well as to support direct card issuance.

06 July 2022

Company update/people

Sleekflow launches in UK after Tiger Global series A funding

SleekFlow, a leading SaaS omnichannel social commerce platform, has launched its new UK operation following an $8m Series A funding round.

06 July 2022

News/security

Survey finds UK shoppers are frustrated with SCA

More than a third of UK shoppers have been unable to complete an e-commerce transaction because of new strong customer authentication (SCA) rules, according to a survey for Signifyd.

06 July 2022

Company update/payments

Worldline and Weixin team up to improve international e-commerce

Worldline, a global leader in payment services, is helping its e-commerce clients enter the growing Chinese market. More than 1.38 million Chinese people already order products from other countries. The key to this important user group is the omnipresent lifestyle tool, Weixin (the mainland Chinese version of WeChat). Through a mini program that integrates merchants into the social platform, seamless access and user-friendliness is guaranteed. Worldline facilitates this integration and ensures that Weixin payments are widely accepted.

05 July 2022