payments
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Tech News
UK payments startup Paddle acquires ProfitWell, which makes financial analytics tools, for $200M in cash and equity; Paddle raised $200M earlier in May (Ivan Levingston/Bloomberg)
Ivan Levingston / Bloomberg: UK payments startup Paddle acquires ProfitWell, which makes financial analytics tools, for $200M in cash and…
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Tech News
Stripe partners with OpenNode to let businesses convert fiat payments into bitcoin via OpenNode's Stripe app; Stripe suspended bitcoin support in 2018 (Shawn Amick/Bitcoin Magazine)
Shawn Amick / Bitcoin Magazine: Stripe partners with OpenNode to let businesses convert fiat payments into bitcoin via OpenNode’s Stripe…
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Tech News
TikTok will roll out Live subscriptions, to let creators generate recurring revenue via payments from their top fans, in beta on May 26 with a few creators (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch: TikTok will roll out Live subscriptions, to let creators generate recurring revenue via payments from their…
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World News
Russia halts gas supply to Finland amid payments, NATO rows – POLITICO
Russia’s Gazprom on Saturday shut off gas exports to Finland, marking an escalation in tensions between the two countries following…
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Tech News
UK-based Modulr, an API payments infrastructure provider that lets businesses "to automate and embed payments", raises a $108M Series C led by General Atlantic (Omar Faridi/Crowdfund Insider)
Omar Faridi / Crowdfund Insider: UK-based Modulr, an API payments infrastructure provider that lets businesses “to automate and embed payments”,…
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Tech News
Jakarta-based payments infrastructure startup Xendit raises a $300M Series D led by Coatue and Insight, after raising a $150M Series C in September 2021 (Gené Teare/Crunchbase News)
Gené Teare / Crunchbase News: Jakarta-based payments infrastructure startup Xendit raises a $300M Series D led by Coatue and Insight,…
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Tech News
SpotOn, which provides software and payments services to SMBs in retail, food, and hospitality, raises a $300M Series F led by Dragoneer at a $3.6B valuation (Mary Ann Azevedo/TechCrunch)
Mary Ann Azevedo / TechCrunch: SpotOn, which provides software and payments services to SMBs in retail, food, and hospitality, raises…
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Tech News
Dutch BNPL service in3 raises a $85.3M Series B in debt and equity, partners with Dutch payments company Mollie, and says it supports over 130K merchants (Amelia Isaacs/AltFi)
Amelia Isaacs / AltFi: Dutch BNPL service in3 raises a $85.3M Series B in debt and equity, partners with Dutch…
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Tech News
Mastercard starts testing facial recognition payments in Brazil, letting users who opt-in pay with a smile or wave, using tech from NEC, Payface, PopID, others (Siddharth Venkataramakrishnan/Financial …)
Siddharth Venkataramakrishnan / Financial Times: Mastercard starts testing facial recognition payments in Brazil, letting users who opt-in pay with a…
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Tech News
FTX CEO Sam Bankman-Fried says bitcoin has no future as a payments network because of its inefficiency and high environmental costs (Joshua Oliver/Financial Times)
Joshua Oliver / Financial Times: FTX CEO Sam Bankman-Fried says bitcoin has no future as a payments network because of…
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