Nium and Circle have teamed to link stablecoin settlement with global payout infrastructure. The partnership will see the cross-border payments company join Circle’s Payments Network (CPN) as a payout partner, the companies said in a Thursday (May 27) news release. This will allow financial institutions to move funds via...
U.S. PayPal users traveling in China will soon be able to complete payments at tens of millions of Weixin Pay merchants across China by scanning QR codes. The capability will be enabled by the partnership between TenPay Global, which is Tencent’s cross-border payment platform, and...
Hotels will be able to request, track and bill Uber rides within Mews’ hotel operating system. This capability will be enabled by a new strategic partnership in which the companies will embed ride booking, real-time tracking and integrated billing into the platform, Mews said in a Tuesday (May...
Card-issuing platform Marqeta is teaming up with Banking Circle to expand in Europe, according to a Tuesday (May 26) press release. The collaboration is designed to bring Marqeta’s account and money movement tools to 30 new European countries, the release said. “Europe represents one of...
Canadian regulators have approved Robinhood’s bid to acquire digital asset products and services company WonderFi. The Toronto-based WonderFi announced Monday (May 25) that the Canadian Investment Regulatory Organization (CIRO) had approved the deal, which Robinhood has said will help deepen its capacity to offer programmable finance...
Uber’s board reportedly met Saturday (May 23) to discuss increasing its offer for Delivery Hero. That’s according to a report Monday (May 25) from the Financial Times (FT), citing sources familiar with the matter. The report said the meeting came after a major shareholder at...
European food delivery platform Delivery Hero says it has received a takeover offer from Uber. “Uber Technologies reached out with an indicative proposal of €33 per share in respect of a potential takeover offer to all shareholders,” the company said in a news release Saturday...
SoFi has acquired Peach Finance, a lending infrastructure startup specializing in loan servicing software. The acquisition expands SoFi’s enterprise technology capabilities, according to a Thursday (May 21) report by Coverager. Founded in 2018, Peach Finance provides a Software-as-a-Service (SaaS) platform that supports loan servicing, processing, and...
Coupa is expanding its agentic artificial intelligence ambitions with the acquisition of Tonkean, a deal aimed at making procurement and global trade workflows more autonomous from request to payment. The cloud-native spend management company said Wednesday (May 21) that it acquired Tonkean, an AI-native intake...