The breaking news centers around Gynger, a pioneering embedded financing platform for technology purchases, which has secured $20 million in Series A funding. Led by PayPal Ventures with notable participation from Gradient Ventures, Velvet Sea Ventures, BAG Ventures, and Deciens Capital, this funding will allow Gynger to expand its team, improve operations, and further develop its platform into a comprehensive
Gaming in Latin America is experiencing a surge in popularity, propelled by an enthusiastic community of over 316 million gamers. The recent partnership between dLocal, a prominent cross-border payment platform, and Eneba, a fast-growing gaming marketplace, aims to further fuel this momentum. By expanding the availability of alternative payment methods (APMs) like bank transfers, card payments, cash payments, and PIX
Loop, a cutting-edge audit and payment platform for the next-generation supply chain, recently announced a significant partnership with J.P. Morgan Payments. This collaboration aims to improve financial operations, streamline freight payments, and bolster working capital efficiency for shippers, carriers, and third-party logistics providers. Leveraging the combined expertise and innovative technologies of both companies, this partnership offers a comprehensive solution to
Corpay, a global corporate payments company listed on the NYSE under the ticker CPAY, has announced a significant strategic move that could reshape the landscape of the FinTech industry. The company has signed a definitive agreement to acquire GPS Capital Markets, LLC, a leading provider of business-to-business cross-border and treasury management solutions primarily serving upper middle-market companies in the United
The partnership between fintech companies Unlimit and Convera marks a significant step towards simplifying cross-border tuition payments for students from developing countries. By leveraging their combined expertise, they aim to foster greater accessibility and financial inclusion in international education. This article explores how this collaboration will transform tuition payments, starting with a focus on Brazil and extending to global markets.
The burgeoning fintech industry continues to evolve, and a recent partnership between HyperJar and Festival Republic heralds an innovative leap in digital payments. This collaboration aims to enhance the user experience at the Reading & Leeds Festival, a major UK music event, by introducing advanced digital vouchers. This groundbreaking initiative not only represents a notable stride in the realms of
Mobile wallets have become increasingly popular, especially among younger generations. This trend is driven by the widespread adoption of mobile devices and the convenience of managing finances digitally. Recent research from Chargebacks911 and Pymnts Intelligence provides detailed insights into this burgeoning trend, examining the benefits, drawbacks, and future directions of mobile wallet usage. The Rise of Mobile Wallets Convenience Over
The digital fintech landscape in Southeast Asia has taken a significant leap forward with the recent integration of cross-border QR payments between Malaysia and Singapore. Citizens from both nations can now effortlessly engage in retail transactions using their respective mobile banking applications. This breakthrough not only simplifies consumer experiences but also strengthens the economic collaboration between the two countries. This
Salesforce, a global leader in customer relationship management (CRM), has debuted a revolutionary new product tailored exclusively for the Indian market: Digital Lending for India. This innovative platform is set to reshape the lending landscape by digitizing the entire consumer lending process for banks and financial institutions in India, offering benefits such as cost reduction and streamlined operations. The introduction
Navigating the complexities of cross-border payments has long been a daunting challenge for businesses and individuals alike. The emergence of Cashwise, a fintech company focused on simplifying these intricate processes, marks a significant leap forward in the global financial landscape. Recently, Cashwise unveiled its groundbreaking multi-currency platform at Collision 2024, promising to transform the way people manage and spend money
Apple’s recent decision to open up the iPhone’s NFC chip to third-party contactless payment services has garnered approval from the European Union, marking a significant shift in the company’s business practices. This decision forms part of Apple’s compliance with the Digital Markets Act (DMA), a regulation crafted to encourage fair competition within the digital market. Introduced with iOS 17.4, this
In recent years, the mortgage industry has experienced a transformative shift marked by the adoption of mortgage software, which has significantly enhanced the efficiency, automation, and client satisfaction in the loan origination process. Comarch, a company specializing in financial software solutions for banks and lenders, has provided valuable insights into how this technology is reshaping the landscape for mortgage professionals.
