Candidly Raises $20.5 Million for Student Debt and Savings Optimization
Candidly reported that it managed to attract investment funds in the amount of $ 20.5 million following the results of the Series B financing round.
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German VC Firm La Famiglia Raises $264 Million
The venture capital company La Famiglia, which is based in Berlin, announced the attraction of investment funds in the amount of $ 264 million.
Transact Campus Partners With Amazon to Introduce Unmanned Stores on Campuses
Fintech provider Transact Campus integrated its payment solutions with Just Walk Out technology by Amazon to deploy self-service stores on and off college campuses
Mashreq and i2c Partner to Aid Fintech Payments in UAE
Mashreq and i2c announced the beginning of cooperation, within the framework of which the companies will present digital payment solutions in the financial services market of the United Arab Emirates (UAE).
GIACT and Mastercard Team to Provide Secure Account Verification
Mastercard and GIACT announced the beginning of cooperation in order to provide customers with a secure account verification procedure.
Weavr Acquires Comma to Combine Embedded and Open Banking
Weavr, a London-based startup that provides companies with the opportunity to implement banking services and payments into mobile applications or SaaS platforms, has acquired the open banking platform B2B Comma Payments.
Nationwide Overhauls Payment Processing With Accenture and Form3
Nationwide Building Society has partnered with Accenture and A2A platform provider Form3 to transform its digital payments infrastructure through the introduction of a cloud platform.
Cilab’s New Feature Lets Engineers Visualize NFC Terminal RF Field
NFC testing company Cilab has improved its high-speed tester with a new feature that enables NFC terminal manufacturers to test a device’s RF field by making it visible
Varo Bank Raising $50 Million at 28% Discount
Varo, an American neobank with the charter of the national bank, reported a capital raising of $50 million at a discount of 28% compared to its last estimate.
B2B Payments Platform Barte Raises $3 Million
Brazilian business-to-business payment platform Barte has announced that it has managed to attract investment funds in the amount of $ 3 million following the results of the initial round of financing.
Google Wallet Goes Live in Costa Rica
In Costa Rica, Google Wallet has been launched, giving users the ability to store and use their credit and debit cards, boarding passes, tickets, and other digital credentials on an Android NFC smartphone, a Wear OS smartwatch, or a Fitbit device.
Senators Urge Regulators to Take Action on Zelle Fraud
In the Senate, Democrats, including Elizabeth Warren, issued an appeal to financial regulators to take actions aimed at curbing fraudulent activity, against the P2P payment service owned by Zelle Bank.
Adyen Integrates Click To Pay Checkout Which Works Even for Guests
Fintech platform Adyen integrated the Click To Pay experience into its online checkout flow in all available markets, enabling even guest shoppers to bypass manual data entry
Mercedes-Benz and Visa Launch In-Car Payments in Germany
Mercedes-Benz has rolled out the Mercedes Pay+ feature in cooperation with Visa to enable in-car payments for digital services and on-demand hardware upgrades
BIS Concluded CBDC Project Icebreaker
The Bank for International Settlements (BIS) has finished a joint project exploring international retail and remittance payments use cases for CBDC with the central banks of Israel, Norway and Sweden
Bybit Rolls Out Crypto-To-Fiat Debit Card
Crypto exchange Bybit has launched the first phase of the rollout of Mastercard crypto-to-fiat debit card, which supports a number of blue-chip cryptocurrencies
Payments are the transfer of money between two parties in exchange for goods, services, or to settle obligations. They can be made through various online and offline methods like cash, cards, bank transfers, mobile wallets, or digital currencies.
Payments are foundational to the fintech industry. They represent the most frequent and essential financial interaction between individuals, businesses, and institutions. In fintech, innovations in payments focus on making transactions faster, affordable, more secure, and inclusive.
These money transfers are often the entry point for broader digital financial services, such as lending, insurance, or investment, and play a key role in driving financial inclusion and global commerce.
