Papara has become Turkey’s first FinTech unicorn company. The achievement — reaching a valuation over $1 billion — follows a major deal with Spain’s Beka Finance, Bloomberg reported Wednesday (July 12). In that deal, Papara gave Beka an undisclosed amount of cash and shares in exchange...
Fuel is at the center of the ecosystems that are changing fleet management, and by extension, logistics. In just one of the latest examples, BP began its digital payments solution launch at the end of last month. It’s geared toward making the fueling process, and paying for it, easier...
In 2019, Meta CEO Mark Zuckerberg said it was time to simplify money movement and make sending money to someone as easy as sending a photo. However, what that statement, seen as groundbreaking back then, failed to acknowledge is that Africans have been sending and...
Many consumers would be lost without their phones, as the world increasingly fits in the palm of a hand — at least the crucial everyday bits. Businesses of all shapes and sizes must take the necessary steps to meet their emerging audiences on their phones....
Stablecoins have been on the payments scene, so to speak, since 2014. The rise of the coins, which at their most basic level represent digital offerings “backed” by an external asset, such as the U.S. dollar, has been a volatile one. Generally speaking, the market...
Modulr has reportedly expanded its embedded payments offerings to France and Spain. With this expansion and a layer of localization, French and Spanish firms can use Modulr’s embedded payments offerings to boost their competitiveness both within their country and across the United Kingdom and the European...
The historically manual nature of accounts payable (AP) payments is holding back progress across industries. It ties up funds in largely legacy processes, including the nigh-unsinkable iceberg of B2B paper checks. But particularly within today’s fast-paced business world, where companies are constantly seeking new ways...
Japan is looking to boost competition among app stores and payments. A government panel released a report Friday (June 16) saying that app store operators should not be able to force software developers to use a particular payment system, and that suppliers of operating systems...
In today’s fast-paced world, online payment solutions have become an integral part of our lives. However, no one wants to spend time clicking around and navigating different, unique-to-each-platform digital frictions when dealing with their daily or monthly bill pay obligations. Regrettably, traditional payment systems have...
