News

B2B Payments
Payments Firm Stax Launches New Billing SaaS Arm
September 13, 2022

Payments services provider Stax has announced the launch of Stax Bill, a re-branding of a company called Fusebill that Stax acquired in March 2021. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Europe
EMEA Daily: Verto and Xente Team up on NGO Payments; Wio Digital Bank Launches in...
September 13, 2022

Today in Europe, the Middle East and Africa (EMEA), Verto has partnered with Xente to provide payment services to NGOs and the United Arab Emirates gets a new digital bank in Wio. Get the Full Story Complete the form to unlock this article and enjoy...

Investments
VC Northzone Secures $1B in Funding to Seed European Tech Startups
September 13, 2022

Venture capital firm Northzone announced Tuesday (Sept. 13) that has raised €1 billion ($1 billion) in its largest fundraise to date, marking its 10th funding round since its founding in 1996. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Banking
Wio Digital Bank Launches in UAE With Initial Focus on SMBs
September 13, 2022

Wio, a government-backed digital bank, has launched in the United Arab Emirates. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

B2B Payments
Payhawk Launches Spend Management Solution in US
September 13, 2022

European spend management solution Payhawk has officially launched in the United States, introducing a U.S. credit card to support companies that have multiple offices across the United Kingdom, Europe and the U.S.  Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
JPMorgan Powers Payload Unified API Payments Platform
September 13, 2022

J.P. Morgan has been tapped by FinTech startup Payload to power the latter’s integration-first inbound and outbound payment solution. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...

B2B Payments
Ethiopian Startup Chapa Helps Businesses Accept Any Digital Payment
September 13, 2022

Ethiopian FinTech startup Chapa has launched an online payment gateway for Ethiopian businesses and said it aims to expand its offering across East Africa and then across the continent. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Real-Time Payments Shift Will Be a Case of Evolution, Not Revolution
September 13, 2022

For faster payments — and specifically, for real-time payments — it may be a case of slow and steady wins the race. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

Banking
Higher Institutional Expenses Lead to $370B Decline in US Bank Deposits
September 13, 2022

Deposits at U.S. banks are down $370 billion in the second quarter for the first time since 2018, and the banking industry also reported a drop in quarterly net income from one year ago. Get the Full Story Complete the form to unlock this article...