Amsterdam-based B2B payments platform Sprinque has secured a 20-million-euro (about $21 million) debt facility. “We’re extremely happy to be able to share the good news for B2B merchants in Europe that operate across borders: We secured … debt facility from Avellinia Capital, which will allow us to finance...
As consumers seek more effective digital tools to discover new restaurants, many — especially younger generations — are increasingly trusting social platforms for recommendations. In an interview with PYMNTS, Uriel Maslansky, CEO and co-founder of Atly, a social media mapping platform that launched last week with $18...
In light of economic conditions, brands and retailers are seeking cost-cutting measures, leading to a surge in out-of-home (OOH) marketing mediums. This shift is attributed to the realization that online channels such as Snap and Facebook appear to be less effective than desired. After a...
Payment infrastructure platform Thunes has raised $60 million to expand into new markets. The Singapore-based company announced the conclusion of its Series C funding round Tuesday (June 6), while also noting it had quadrupled the reach of its mobile wallet network to 3 billion accounts...
Banks’ and FinTechs’ pursuit of collaboration in recent years is an especially positive development, given that United States regulation around open banking likely will make it a necessity. In October, the Consumer Financial Protection Bureau (CFPB) unveiled an open banking framework that will have far-reaching...
Spreedly has launched a payment vault solution that improves transaction success. Advanced Vault combines modern lifecycle features and network tokenization with active management to optimize how payment methods are stored, refreshed and used, Spreedly said in a Tuesday (June 6) press release. “We are offering...
In the banking industry, legacy messages — how data makes its way between financial institutions — have been around for decades. But the world of finance is about to undergo a revolution with the launch of a new messaging standard called ISO 20022. This new...
As the saying goes, failing to prepare is preparing to fail. Nowhere is Benjamin Franklin’s aphorism truer than in the finance department. Ongoing geopolitical and macroeconomic uncertainty have underscored the importance of strong fundamentals for chief financial officers, who have witnessed enough black swan events...
New York and London — two of the world’s leading business-destination cities and top global financial centers — have a “strong two-way flow in terms of FinTech innovation,” say Innovate Finance CEO Janine Hirt and Stephen Feline, North America director at London & Partners. “When...
