payments

Payabli builds the infrastructure that allows companies, specifically software companies, to embed and facilitate payments through APIs.

Payabli is building payment management tools for software startups

Ansa, a startup that helps merchants develop and offer branded virtual wallets, has raised a $14 million Series A round of funding, the company has told TechCrunch exclusively. Renegade Partners…

‘Wallet-as-a-service’ startup Ansa raises $14 million with female investors leading the way

The integrated payments on WeTransfer are powered by Stripe and are rolling out to all users globally.

WeTransfer cuts out the middle man and now lets users sell files directly on the platform

Stripe continues to hold the title of being the biggest financial technology business still in private hands, with a current valuation of about $65 billion and a whopping $1 trillion in…

Stripe, doubling down on embedded finance, de-couples payments from the rest of its stack

Flatpay plans to use the money to expand into new markets in Europe and to build out more products alongside the point-of-sale and card terminals that it sells today.

Flatpay rings up $47M to target smaller merchants with simple payment solutions

Maju Kuruvilla is no longer CEO of one-click checkout company Bolt. He is replaced by Justin Grooms, Bolt’s global head of sales, who is now interim CEO, according to Grooms’…

Maju Kuruvilla is out as CEO of one-click checkout company Bolt

Featured Article

Nala set out to offer remittance services, it’s building a B2B payment platform too

Payments company Nala pivoted to offer remittance service in 2021, tapping the growing money transfer market in Africa, and demand for reliable and affordable services. Nala founder Benjamin Fernandes said they intended to build their products on this premise right from the outset. Over the last two years, the Tanzanian…

Nala set out to offer remittance services, it’s building a B2B payment platform too

Featured Article

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.

Stripe’s growth continues to impress as total payment volume tops $1 trillion

PayPal is working on a new consumer app for its mobile customers, and suggested that it will be “ready” to take advantage of the new EU regulation, the Digital Markets…

PayPal suggests it will be ready to offer ‘offline’ payments when DMA goes into effect

Open banking — where traditional banks can share data, and build new services, by way of APIs that bring their ageing systems into the 21st century — has seen its…

Prometeo raises $13M from PayPal, Samsung and more to bring open banking to Latin America

SumUp — the fintech that provides payments and related services to some 4 million small businesses in Europe, the Americas and Australia — has picked up some growth funding to…

SumUp taps €285M more in growth funding to weather the fintech storm

Elon Musk is moving forward with his plans to turn the company formerly known as Twitter, now called X, into an “everything app” that includes its own payments system. The…

X is now licensed for payment processing in a dozen US states

NomuPay — the payments startup that was formed out of some of the healthier pieces of the dramatically failed fintech Wirecard — has made an acquisition as it continues on…

NomuPay, formed out of Wirecard’s ashes, acquires Total Processing for tooling and customer service

Affirm’s head of product Vishal Kapoor discusses buy now, play later in a debit card, and how that’s setting Affirm apart from competitors.

Affirm’s head of product discusses its new approach to buy now, pay later

Integrating with a payment API is something most — if not all — business-to-consumer platforms are forced to do at some point. It’s practically unavoidable if they wish to take…

Crezco aims to make integrating bill payments easier

“Digital transformation” among enterprises hasn’t happened with quite the gusto that people predicted it would a few years ago. But today, a startup building fintech technology — for businesses to…

Volante raises $66M for payments tech for banks and other legacy financial businesses

Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions for businesses. It…

Triple-A gets funding from Peak XV to help more businesses use crypto

Fintech startup Plaid has hired former Expedia CFO Eric Hart to serve as its first chief financial officer. When asked if the move meant that the company was planning to…

Plaid taps former Expedia exec as its new chief financial officer, says ‘no timeline’ for IPO

The collapse of the FTX empire didn’t just set in motion a crypto market downturn. The unraveling of FTX’s misuse of customer funds also exposed the risks of using crypto…

Account Labs raises $7.7M as FTX’s demise leads to crypto self-custody growth

Adyen lost $13 billion in market cap last month when investors scrambled to sell shares after the payments company missed quarterly revenue targets. But it’s not the only one facing…

SumUp’s valuation falls as low as $4.1B, as Groupon and others sell off their stakes

In November 2019, Andreessen Horowitz General Partner Angela Strange famously declared that, “Every company will be a fintech company.” Specifically, Strange projected that — in the not-too-distant-future — “nearly every…

Rainforest raises $8.5M to help software companies embed financial services, payments

The payment landscape in Africa is still fragmented, with several payment operators providing different payment options to customers as well as businesses. Due to this fragmentation, payment failures are inevitable…

QED and Partech back South African payment orchestration platform Revio in $5.2M seed

Of the many lofty promises of cryptocurrency, one of the most commendable ones is its potential to bring financial inclusion to underserved users. Nairobi-based Kotani Pay is a crypto payments…

Kotani gets $2M pre-seed to help African workers send money home via crypto — without the internet

Open banking — where traditional banks open up their data with APIs to build new financial services for their customers — has the potential to be one of the payment…

Ivy raises $20M to take open-banking payments international

Solana Pay, a decentralized payment protocol by Solana Labs, has integrated its plug-in with Shopify, allowing millions of businesses on its platform to use it for payments, TechCrunch was told…

Solana Pay integrates plug-in with Shopify for USDC payments

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. There was plenty going on as usual — with fintech investors sounding off,…

A tale of two payments companies

Uruguayan fintech company dLocal saw its stock surge by over 30% on Wednesday on the news that the payments outfit had tapped former Mercado Libre CFO Pedro Arnt as its…

Armed with new execs, dLocal rebounds from a short seller attack in a big way

PayPal is gaining a new CEO, the payments giant announced this morning. Effective September 27, 2023, senior Intuit executive Alex Chriss will become PayPal’s president and CEO, replacing current CEO…

PayPal announces senior Intuit exec Alex Chriss as new CEO

The relationship between fintechs and incumbents has long been fraught with tension. But Marie-Elise Droga believes it doesn’t have to be this way. Droga joined payments giant Visa as SVP,…

Visa’s new head of fintech talks partnerships, venture and creators as an addressable market

The crypto payments space is seeing a surge of activity these days as developers strive to make decentralized finance as user-friendly as web2 experiences. Eco Inc., an a16z-backed payments startup…

a16z-backed Eco unveils Beam, a P2P crypto transfer service aiming to be a ‘global Venmo’