payments infrastructure
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Stripe’s growth continues to impress as total payment volume tops $1 trillion
The company says it was cash flow positive in 2023, and plans to be again in 2024. With $8.7 billion in venture capital it likely means it has little to no need to raise more before it goes public.
Simetrik created the Simetrik Building Blocks, scalable and adaptable concepts based on no-code development and generative AI technologies.
Argentinian payments infrastructure startup Pomelo has raised $40 million in a Series B round of funding. The Buenos Aires-based company started in 2021 with the goal of giving fintechs and embedded…
Payments remains one of the most fragmented of online services. Now a UK startup says it’s building a solution to finally fix it.
With global digital payments revenue expected to reach $14.79 trillion by 2027, payment infrastructure has arguably never been more critical. But at the same time the tech is becoming essential,…
Finix announced today that it has raised $30 million in new venture capital, bringing its total known raised to $133 million. The round comes nearly two years after the do-it-yourself…
Argentinian fintech infrastructure startup Geopagos leaves the boot straps behind with $35M funding round
Geopagos, a payments infrastructure startup based in Buenos Aires, has raised $35 million in a round led by Riverwood Capital. The financing marks the company’s first ever institutional funding. Founded…
Google files counterclaim to Match’s antitrust lawsuit, says Match wants to use its services for free
Google has responded to dating app maker Match Group’s antitrust lawsuit in a scathing new court filing which refers to Match’s original complaint as a “cynical attempt” to take advantage…
DEUNA enters Latin America’s crowded one-click checkout sector flush with $37M
The company is targeting the region’s challenges of customer acceptance, conversion and fraud with its “Commerce 3.0” payment infrastructure.
Ecuadorian payments infrastructure company Kushki has raised $100 million in an extension to its Series B round, more than doubling its valuation to $1.5 billion. The startup had raised $86…
Metrics alone don’t help you build a business. They can help you set targets, but they do little to help you hit those targets.
Xendit, a payments infrastructure platform for Southeast Asia, has raised $300 million in fresh funding. The company’s new valuation wasn’t disclosed, but it hit unicorn status in its last round…
Paddle, the company that wants to take on Apple in IAP, raises $200M at a $1.4B valuation to supercharge SaaS payments
Software as a service has become the default for how organizations adopt and use apps these days, thanks to advances in cloud computing and networking, and the flexibility of pay-as-you-use…
Kevin raises $65M as it charges ahead on account-to-account payments over point-of-sale terminals
Payments remains a very fragmented business around the world: depending on where you’re buying or selling something (and whether you are selling online or offline) you will have different “standard”…
The B2B payments company is doubling down in both Chile and Mexico, while also eyeing new countries for expansion.
The U.S. is the world’s largest cannabis market, but as more European countries consider legalizing recreational use, investors are looking for opportunities in production, distribution and retail.
Today social networks are more powerful than ever, and startups and corporations are innovating new commerce models that leverage the greater reach available to us.
African fintech Flutterwave has raised $250 million in a Series D round that tripled the company’s valuation to over $3 billion in just twelve months. In March 2021, the San…
So now Plaid says it’s a payments company. It was only a matter of time, really.
Just over five months after raising a $9 million seed funding round, Latin American fintech Pomelo announced today that it is raising $35 million in Series A financing led by…
Brazil’s Hash raises $40M in a round led by QED and Kaszek for its white-label payments software
Hash, a payment infrastructure fintech, announced today that it has raised $40 million in a Series C funding round co-led by QED Investors and Kaszek. The raise comes just six…
TrueLayer nabs $130M at a $1B+ valuation as open banking rises as a viable option to card networks
Open banking — a disruptive technology that seeks to bypass the dominance of card networks and other traditional financial rails by letting banks open their systems directly to developers (and…
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Indonesian fintech Xendit is now a unicorn, with $150M in fresh funding led by Tiger Global
There’s a new entrant in Southeast Asia’s growing list of unicorns. Jakarta-based Xendit, best known for its digital payment infrastructure but also focused on other financial products, announced today it has raised $150 million in Series C funding, bumping its valuation to $1 billion. The round was led by Tiger…
Checkout is a platform play, not a payments play, and now is the time to build the category in B2B. Business buyer behavior is changing, and the stars are aligning…
When Privacy.com was founded in 2014, the company’s focus was to let anyone generate virtual and disposable payment card numbers for free. The goal was to allow those users to…
Featured Article
Pomelo raises $9M to build a payments infrastructure for LatAm fintechs
Pomelo, a startup building a fintech-as-a-service platform for Latin America, has raised $9 million in a seed round of funding. The Buenos Aires-based startup’s new infrastructure aims to allow fintechs and embedded finance players to launch virtual accounts and issue prepaid and credit cards via “compliant” onboarding processes. The COVID-19…
