Payments
Fintech Rapyd Seeks Funding at $3.5B Valuation,a Steep Drop from $9B
London-based payments and fintech company Rapyd is seeking to raise $300 million at a $3.5 billion valuation, a sharp decline from its $9 billion valuation
Stripe Closes $1.1 billion Bridge Acquisition, Prepares for Aggressive Stablecoin Push
Stripe has completed its $1.1 billion acquisition of Bridge Network, marking its largest deal to date and signaling a strong commitment to stablecoin payments. The
PayPal Ventures Co-Leads $21 Million Investment in Programmable Ledger Builder Formance
Formance, a French fintech specializing in open-source programmable ledgers for financial transactions, has secured $21 million in Series A funding, co-led by PayPal Ventures and
Ebury Acquires ArcaPay to Expand Cross-Border Payment Services
Ebury, a global cross-border payments and financing company, has acquired ArcaPay, a Lithuania-based B2B cross-border payment provider, to strengthen its presence in the Baltic region
Introducing the Paypad and Pinpad from J.P. Morgan Payments
J.P. Morgan Payments introduced two new proprietary payment terminals, the Paypad and Pinpad, designed to enhance payment experiences with biometrics and secure transactions. The terminals
Elite Acquires Tranch, a Leading B2B Payments Platform
Elite, a leading financial management and business operations solutions provider to the world’s most successful law firms, has acquired Tranch, a leading B2B payments platform,