Founded in 2022, Fun has been operating in stealth. The company develops payments infrastructure for digital platforms, supporting deposits, withdrawals, and settlement flows for prediction markets like Polymarket and crypto firms.
Predictions of a “cashless society” have circulated for more than a decade. Yet despite the rise of digital wallets and instant payments, physical currency continues to stabilize economies worldwide, with cash in circulation rising in many major markets as a trusted store of value.
Mastercard and Rabobank have completed the first payment in the Netherlands initiated and executed by an AI agent.
Grey, a cross-border payment platform backed by Y Combinator, has been registered as a Payment Service Provider under Canada’s Retail Payment Activities Act (RPAA).
Aurionpro Solutions Limited announced an expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB). The update covers Kenya, Uganda, and Tanzania.
PayPal is reorganizing Venmo into a separate unit and appoints a handful of new executives to different roles across operations.
Visa Inc. announced the expansion of its Agentic Ready program to clients in Asia Pacific and Latin America. The program was first launched with banks and issuing partners in Europe, including the United Kingdom. It focuses on preparation for agent-led commerce.
Throughout the first three months of 2026, PaySpace Magazine Global team visited and kept in touch with a bunch of important fintech events in different corners of the world. Across various regions, from Europe to Africa and the Middle East, conversations and attitudes were versatile, but several themes kept resurfacing at almost every gathering, keeping […]
Meta has started paying a select group of creators in USDC, a stablecoin issued by Circle. The payouts are available on the Solana and Polygon blockchain networks.
Palm-based biometric payments, once promoted as a frictionless alternative to cards and mobile wallets, are likely to face legal challenges in the European Union, even as their rollout in the United States has shown mixed results.
Visa pilot stablecoin setllement program is now going to feature nine different blockchains, expanding the network choice for issuers and acquirers.
Jointly set up in 2022, the joint venture of ANZ and Worldline will now be fully-owned by one of Australia’s “big four” banks.
Ant International announced the launch of the Agentic Mobile Protocol (AMP), an open-source framework designed to enable AI-driven payments across mobile services, including digital wallets, banking apps, and super apps.
SUNRATE has obtained regulatory approval in Malaysia, marking a key step in its expansion of cross-border payment services in Southeast Asia.
India’s Unified Payments Interface has long been celebrated as one of the most successful real-time payment infrastructures ever built. Meanwhile, many countries across the globe are noticing the convenience of Credit Line on UPI framework, which allows banks to extend pre-approved credit directly through the UPI stack, letting consumers spend borrowed funds as seamlessly as […]
Europe’s PayTech Nexi has integrated Wero, the homegrown European payment method, into German online retail. The first merchants (BAUR, Quelle and Bünting) are already on board.
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