April 25, 2024
Financial Infrastructure Platform QI Tech Achieves Unicorn Status

Brazilian FinTech QI Tech has achieved unicorn status after extending its Series B round. With this extension, the firm raised additional equity with current investor General Atlantic and Across Capital,...

April 25, 2024
This Week in B2B: Enterprise Metaverses, AI Accountants, Virtual Cards

Innovation is a key factor in any company’s ability to succeed in the long run.  And so are the ways in which they pay and get paid. That’s why, within...

April 25, 2024
FreshBooks to Add Latest Stripe Connect Features to Accounting Software

FreshBooks will add a payment solution with the latest Stripe Connect features to its cloud-based accounting software for small businesses and accountants. The new FreshBooks Payments will be available this summer, enabling business owners to...

April 25, 2024
Visa Teams With AWS to Streamline Cross-Border Payments

Visa says it has joined the Amazon Web Services (AWS) Partner Network (APN). “Visa’s presence in the APN will help enable its partners and clients, including cloud-native fintechs, to access and integrate select...

April 25, 2024
First Citizens Reports Strong Liquidity a Year After SVB Purchase

Showing its ability to navigate challenging economic conditions and make progress in integrating its purchase of Silicon Valley Bank, Raleigh-based First Citizens BancShares posted a solid first quarter on Thursday...

April 25, 2024
Corporates Shift Mindset Back to Growth

Inflation, inflation and inflation. The drum beat has defined the past year in the financial services business and reached a crescendo in the first quarter. But, according to payments orchestration solution provider Spreedly, which sees $50 billion...

April 24, 2024
Razorpay and Airtel Payments Bank Partner on UPI Infrastructure

Razorpay has launched its own Unified Payments Interface (UPI) infrastructure in partnership with Airtel Payments Bank. The new infrastructure, UPI Switch, boost success rates by 4% to 5%; handles up to 10,000 transactions per...

April 24, 2024
Stripe Co-Founders Say They’re Building ‘Software-Defined Financial Services’

Today’s customers of the FinTech industry are no longer asking just for ways to accept online payments; they’re asking for “software-defined financial services.” So said Stripe co-founders Patrick Collison and John Collison Wednesday (April 24) during...

April 24, 2024
Western Union’s Digital Transactions Surge 13%

Western Union’s first quarter results took note of continued shifts to digital channels to send money across borders. Branded digital transactions grew by 13% year over year (YoY), the company...