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Marcel van Oost

Zepz Secures $267M in Funding Backed by Accel, TCV, and World Bank

Zepz Secures $267M in Funding Backed by Accel, TCV, and World Bank

Hey Payment Fanatic! Zepz, formerly WorldRemit, has just raised a cool $267 million from big names like Accel, TCV, and Leapfrog to fuel its growth in Africa and beyond. The World Bank’s IFC also pledged $20 million to the mix. Though Zepz didn’t reveal its latest valuation, it

Kustom.co Launches as Independent from Klarna Checkout

Kustom.co Launches as Independent from Klarna Checkout

Hey Payment Fanatic! Kustom.co, formerly known as Klarna Checkout, embarks on its next chapter as an independent company. With a renewed focus on being a merchant-first checkout solution, Kustom is setting out to help e-commerce businesses boost conversion rates and offer a highly customized checkout experience tailored to their

Venmo to Launch Scheduled Payments Feature

Venmo to Launch Scheduled Payments Feature

Hey Payment Fanatic! Venmo is gearing up to make managing your recurring payments even easier. According to recent reports, users will soon be able to schedule payments and requests directly within the app on a weekly, monthly, or bi-monthly basis. Whether splitting rent with roommates or setting reminders for recurring

QNB, the first bank to launch the new Visa Click to Pay service

QNB, the first bank to launch the new Visa Click to Pay service

Hey Payments Fanatic! QNB, the largest financial institution in the Middle East and Africa, has officially become the first bank in the region to roll out Visa’s upgraded Click to Pay service. This marks a significant step forward in the pursuit of smoother, faster, and more secure online payments.

Mastercard and Amazon to Boost Digital Payments in Middle East and Africa

Mastercard and Amazon to Boost Digital Payments in Middle East and Africa

Hey Payments Fanatic! Mastercard and Amazon Payment Services have announced a new multi-year partnership to accelerate digital payment acceptance across the Middle East and Africa. By integrating Mastercard Gateway—a secure and seamless payment solution—merchants in 40 markets, including key countries like the UAE, Egypt, Kuwait, and South Africa,

TrueLayer Faces Rising Losses Despite Revenue Surge

TrueLayer Faces Rising Losses Despite Revenue Surge

Hey Payments Fanatic! TrueLayer, the UK-based payments company backed by Stripe, is seeing pre-tax losses soar nearly 40% to £55.6 million, up from £40.3 million last year. This comes despite the company tripling its revenue year-on-year. According to recent filings, TrueLayer has cut costs through restructuring, laying off

Lightspeed Considers Potential Sale

Lightspeed Considers Potential Sale

Hey Payments Fanatic! Lightspeed Commerce a Canadian payments software maker is exploring strategic alternatives, including a potential sale. This news comes as Lightspeed works with financial advisors to navigate its next move in an increasingly competitive landscape. The Montreal-based company, known for its payments software widely used by restaurants and