Six-year-old digital payments startup SumUp has managed to secure a 330 million-euro ($371 million) loan, backed by Bain Capital Credit and Goldman Sachs Private Capital. The new funds will reportedly go toward financing expansion, according to Bloomberg. The firm is reportedly looking to grow its...
Referred to as an “over-the-top” digital banking platform, London-based Curve has cleared $55 million in its latest funding round. Curve’s claim to fame in financial services is allowing customers to consolidate their many cards into a single Curve card and app. The theory is that...
Now, now, now — that’s the chorus coming from consumers, merchants and other companies when it comes payments, and that demand is fueling progress in real-time payments. It is not only one of the major trends for 2019 but promises to take on increased importance...
Banks and merchants are racing to meet the Strong Customer Authentication (SCA) deadline as September 2019 approaches. 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...
The U.K. government wants to equip all new homes in the country with electric car charging points. 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...
Yandex has announced that MLU B.V., its ride-sharing and food delivery joint venture with Uber, has agreed to acquire the IP and call-centers of Russia’s largest taxi company, Vezyot. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Xoom, PayPal’s international digital money transfer service, is launching in the U.K. and 31 countries, allowing millions of users to remit in bytes and bits. Julian King, Xoom general manager, tells PYMNTS that PayPal’s scale and expanded send-side presence can let people transact across digital...
American Express has reported that its American consumer card delinquency rate was 1.4 percent for June, the same number it was in May, according to reports. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Data-driven maternal and infant health tech startup Mahmee has garnered $3 million from tech investor Mark Cuban, tennis icon and entrepreneur Serena Williams and others to build out its digital landscape aimed at preventing critical gaps in maternal health. Get the Full Story Complete the form to...
