Payments News

On The Web

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Companies

PayPal Is Exploring a Purchase of Pinterest

“PayPal Holdings Inc. is exploring an acquisition of social media company Pinterest Inc. , people with knowledge of the matter said.  San Jose, California-based PayPal has recently approached Pinterest about a potential deal, the people said, asking not to be identified because the talks are private. The companies have discussed a potential price of around […]
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Deals

Stripe to Acquire Financial Operations Platform Recko | ZDNet

“Stripe on Wednesday announced its plans to acquire Recko , a financial operations platform based in Bangalore, India. The terms of the deal were not disclosed.  Recko’s payments reconciliation software will add to the growing list of tools Stripe is providing for internet businesses, continuing Stripe’s expansion beyond payments acceptance. Recko helps automate parts of […]
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Deals

SoftBank, Amazon, Accel Invest $108 Mln in Banking Platform Pismo

“Brazilian banking and payments tech platform Pismo raised $108 million in an investment round led by Japan’s SoftBank Group Corp (9984.T) , Amazon.com Inc (AMZN.O) and global venture capital firm Accel, it announced on Tuesday. According to Pismo, which was founded in 2016, its second funding round is aimed at fueling the company’s global expansion […]
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Deals

Nigeria’s Flutterwave in Talks to Triple Valuation to $3 Billion

“Flutterwave Inc. , a Nigerian payments firm, is seeking fresh funding at a valuation of $3 billion or more, a figure that would roughly triple its last valuation, according to people with knowledge of the matter…Also in March, Flutterwave said it will collaborate with PayPal Holdings Inc. to enable the U.S. giant’s global customers to […]
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On The Wires

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Deals

Wells Fargo Strategic Capital Brings Total Growth Investment in Volante Technologies to USD 45M

“Volante Technologies , the global leader in cloud payments and financial messaging, today announced it received USD 10M in growth funding from Wells Fargo Strategic Capital , bringing the total institutional investment to date to USD 45M. With this investment, the bank’s growth capital unit joins a number of global institutional and strategic investors who committed to the […]
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Deals

Fiserv to Expand Digital Storefront Capabilities With Acquisition of BentoBox

“Fiserv, Inc. (NASDAQ: FISV), a leading global provider of payments and financial services technology solutions, today announced that it has signed a definitive agreement to acquire BentoBox, a digital marketing and commerce platform provider that delivers a frictionless diner experience dedicated to accelerating growth and helping restaurants seamlessly connect with their guests. This transaction expands […]
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Deals

Fintech Disruptor Till Payments Raises $110 Million in Series C Funding Round for Global Expansion

“Fintech payments disruptor, Till Payments (Till), has closed its Series C funding round, raising $110 million Australian dollars in private capital, equivalent to approximately $80 million USD. The funding will be used to strengthen Till’s operational capabilities in North America, bolster global consolidation, and further innovate its cutting-edge payments technology.”