News

Partnerships / Acquisitions
Visa To Acquire YellowPepper To Expand Network of Networks In LATAM
October 28, 2020

Visa has inked an agreement to acquire YellowPepper, which works with startups in the Caribbean and Latin America, according to an emailed press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Fintech Investments
New UBS Portfolio Focuses $200M On FinTechs
October 27, 2020

Multinational investment bank UBS has launched the UBS Next platform in order to help invest in FinTechs and the “broader tech ecosystem,” according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

Payment Methods
Hands Off: Touchless, Contactless Payments Drive Consumer Safety Preferences
October 27, 2020

That consumers are a bit gun shy when it comes to shopping in physical stores — particularly when it comes to checking out at the point of sale and having to share a touchpad with every other shopper that’s been in all day — is...

IPO
Airbnb Picks Nasdaq For IPO
October 27, 2020

Airbnb has chosen to list its shares on the Nasdaq market, marking the index’s biggest listing since Facebook‘s $16 billion one in 2012, according to a report by Bloomberg. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Investments
Ghost Kitchen Firm Ordermark Nets $120M Led By Softbank
October 27, 2020

Ordermark, which provides online ordering solutions for restaurants, announced the close of a Series C funding round with $120 million, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

B2B Payments
OpenPayd Debuts Access To Quick Foreign Exchange Payments
October 27, 2020

OpenPayd, an application programming interface (API)-led Banking-as-a-Service (BaaS) provider, launched InstantFX on Tuesday (Oct. 27), which will help clients access easy foreign exchange payments, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Bitcoin
Bitcoin Daily: Crypto Industry Stocks Jump With Bitcoin’s Rise; Cashaa Teams To Build Crypto-Friendly FI
October 27, 2020

Blockchain industry stocks are on the rise as bitcoin reaches new heights, Seeking Alpha reported. 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,...

B2B Payments
REPAY Inks Deal For B2B AP Automation Firm CPS
October 27, 2020

Vertically integrated payment provider REPAY Holdings Corporation has inked a definitive deal to buy CPS Payment Services for as much as $93 million, with a payment of $78 million at closing, according to a Tuesday (Oct. 27) announcement. Get the Full Story Complete the form to unlock...

B2B Payments
PCMI, Infintech Partner On Automated B2B Payments
October 27, 2020

PCMI is partnering with Infintech in order to create a new automated process that makes it easier for dealers and administrators to streamline B2B payments, the companies announced in a Tuesday (Oct. 27) press release. Get the Full Story Complete the form to unlock this article...