Worldpay has partnered with Mastercard to introduce an innovative virtual card solution tailored for travel agents, aiming to streamline payments and address long-standing industry challenges. In a press release issued on Wednesday (Nov. 20), Worldpay highlighted the persistent difficulties travel agents face in managing payments to suppliers such as airlines, hotels, and other travel service […]
Strategic acquisition combines Nook’s award-winning AP automation with Modulr’s embedded payments expertise to streamline operations for UK and European businesses. Modulr, a leading embedded payments platform, has announced the acquisition of Nook, a disruptive innovator in accounts payable (AP) automation. This strategic move combines both companies’ expertise to address inefficiencies in business payments, eliminate manual […]
Tillster, a global leader in unified commerce solutions for restaurant brands, has strengthened its partnership with Stripe, one of the foremost financial infrastructure providers. With fresh funding secured, Tillster will now enable its global restaurant clients to access Stripe’s comprehensive suite of digital and in-person payment solutions. This expanded collaboration will empower Tillster’s quick-service and […]
Date: October 23, 2024 London, UK – Affirm (NASDAQ: AFRM) shares experienced a notable decline today following Klarna’s announcement that its popular “Buy Now, Pay Later” (BNPL) services are now integrated with Apple Pay, giving Klarna a competitive edge in the digital payments space. This development is seen as a significant step for Klarna, offering […]
Hamburg, October 15, 2024 – Social FinTech startup Parto has successfully raised €2.5 million in a pre-seed funding round, with participation from prominent investors including Heal Capital, Motive Ventures, and several business angels. The funding will support Parto’s mission to transform payment processes in the social economy, offering digital solutions tailored for sectors like child […]
Acquired.com Fuels Growth with £4 Million Capital Raise and Strategic Leadership Appointment London, 14 October 2024 – Acquired.com, the next-generation payments platform specializing in recurring commerce, has announced a significant milestone, securing £4 million in funding from Beach Point Capital Management. Simultaneously, the company has appointed Eline Blomme as Chief Strategy and Product Officer, reinforcing […]
Milan, Italy – Nexi Group, a leading European PayTech company, has successfully secured €220 million in financing from the European Investment Bank (EIB). The funds will be used to drive significant innovation and enhance the infrastructure of digital payments across Europe. This financing will enable Nexi to lead multiple cutting-edge projects aimed at modernising payment […]
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