While generative artificial intelligence (AI) makes headlines, the technology has for years been driving efficiencies. Particularly within the payments space. Already, automated machine learning (ML) and predictive...
Stripe has raised $6.5 billion in a funding round that values the payments firm at $50 billion. The valuation, announced by the privately-owned company Wednesday...
Investors were in a “shoot first, ask questions later” frame of mind this past week. As for the FinTech IPO Index, earnings reports helped send...
Stripe has lowered the valuation of its $55 billion fundraise by around 10%. The reduction was reported late Tuesday (Feb. 28) by The Information, which...
Stripe has reportedly reduced its internal valuation by 11%, the third cut since last year. The reduction represents an implied valuation of $63 billion for...
Latin American eCommerce platform MercadoLibre is introducing digital business messaging payments with WhatsApp. In an interview with Reuters on Wednesday (Dec. 7), the CFO of...
The Access Group has confirmed the acquisition of Pay360 in the U.K. The group’s payment arm, Access PaySuite, has purchased Pay360 in a deal that...
Twitter has reportedly filed paperwork with the Financial Crimes Enforcement Network (FinCEN) to begin the process of registering to process payments. The social media platform...
Canadian payments platform Nuvei reported better-than-expected third-quarter results Thursday (Nov. 3), with the company seeing a 30% increase in processing volume. “Results were driven by...