March 16, 2023
Tamara Secures Debt Financing to Expand BNPL in GCC Region
Tamara has secured $150 million in debt financing for its shopping and payments platform. The firm, which serves consumers in the Gulf Cooperation Council (GCC) region, will use the receivables...
March 16, 2023
61% of Millennials Want Real-Time Payments — the Challenge Is...
Making digital payments has become an everyday process for millions of consumers worldwide, representing a giant leap in convenience, security and accessibility over traditional methods such as cash or payment...
March 15, 2023
Flutterwave to Expand Operations in Rwanda After Receiving New Licenses
Flutterwave has secured two more licenses from the National Bank of Rwanda. The new electronic money issuer license allows Flutterwave to acquire all types of payment instruments in the country, while the...
March 15, 2023
Hokodo and BNP Paribas Launch B2B BNPL for Multinational Corporates
Hokodo and BNP Paribas have partnered on a B2B buy now, pay later (BNPL) solution. This solution will use Hokodo’s B2B BNPL platform and BNP Paribas’ broad expertise and financial...
March 15, 2023
Helios Investment Partners Reportedly Offering Stake in Crown Agents Bank
A stake in Crown Agents Bank may be up for sale. Private equity investor Helios Investment Partners is working to sell a stake in the provider of cross-border payments, Reuters reported Wednesday (March 15), citing unnamed...
March 15, 2023
Sezzle CEO Sees Sharpened FinTech Focus on Bank Stability Post-SVB
“Last weekend felt like the wild, wild West,” Charlie Youakim, CEO of payments startup and B Corp Sezzle, told PYMNTS CEO Karen Webster in a recent conversation. “SVB had been around...
March 14, 2023
Fetch Rewards Cuts Staff as Consumers Cut Back on Spending
As consumers cut back on spending due to macroeconomic challenges, Fetch Rewards, a Madison, Wisconsin-based startup that offers a centralized rewards points program for online and brick-and-mortar sellers, is making...
March 14, 2023
Grubhub CEO Exits Amid Turmoil in On-Demand Delivery Industry
Grubhub’s chief executive is stepping down as economic pressures transform the landscape of on-demand delivery. On Monday (March 13), the Chicago-based aggregator, a subsidiary of Just Eat Takeaway.com, announced that...
March 13, 2023
Fraud-Fighting Organizations Build Trust in Netherlands’ Digital Transformation
The Netherlands may not always be top of mind when considering digital connectedness or online enforcement, but PYMNTS’ research has detailed the country’s above-average digital engagement — with global fraud-fighting...