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Banked Snaps Up VibePay to Boost Global Open Banking Expansion

Banked Snaps Up VibePay to Boost Global Open Banking Expansion

Hey Payments Fanatic! Banked, a Pay by Bank platform, has acquired UK-based consumer payment app VibePay, accelerating its push into global open banking and real-time payments. This strategic move integrates VibePay’s AI-driven recommendation tools and advanced merchant analytics, enabling personalized rewards for users and actionable insights for merchants. Since

Tapcheck Raises $225M to Transform Payday and Ease Employee Financial Stress

Tapcheck Raises $225M to Transform Payday and Ease Employee Financial Stress

Hey Payments Fanatic! Tapcheck, a US-based innovative payment solution provider, has secured $225 million through equity and debt financing, underscoring the rising demand for earned wage access services. The latest funding includes a $25 million Series A extension led by PeakSpan Capital and a $200 million credit line from Victory

CellPoint Digital & Checkout.com Partner to Simplify Travel Merchants’ Payments

CellPoint Digital & Checkout.com Partner to Simplify Travel Merchants’ Payments

Hey Payments Fanatic! Payments in travel have always carried a certain complexity—across borders, currencies, payment methods, and more. CellPoint Digital and Checkout.com are joining forces in a strategic partnership designed to streamline payment flows for travel merchants. Set to go live in June 2025, the integration will combine

Visa Backs Mynt in €22M Funding Round

Visa Backs Mynt in €22M Funding Round

Hey Payments Fanatic! The payments giant Visa has invested in Stockholm-based Mynt, a spend management platform tailored to SMEs. Alongside the capital injection, Visa and Mynt announced a broader reseller partnership, reinforcing a collaboration that began in 2023. With this deal, both companies aim to reach deeper into the European

Affirm & Shopify Take Shop Pay Installments to New Markets

Affirm & Shopify Take Shop Pay Installments to New Markets

Hey Payments Fanatic! Affirm and Shopify are accelerating their international expansion, marking an important milestone in their ongoing partnership. For the first time, Shopify merchants in Canada will offer Shop Pay Installments, powered by Affirm. This marks a significant step outside the U.S., with plans to expand to the

Lagarde’s Vision for a Unified European Payment System

Lagarde’s Vision for a Unified European Payment System

Hey Payments Fanatic! “Visa, MasterCard, PayPal, and Alipay are all controlled by American or Chinese companies. We should make sure there is a European offer,” said Christine Lagarde, President of the European Central Bank. Her remarks reflect growing urgency within the EU to reclaim control over its digital payment infrastructure.

Airwallex Plans US & UK Banking Licences Ahead of IPO

Airwallex Plans US & UK Banking Licences Ahead of IPO

Hey Payments Fanatic! Airwallex is preparing to apply for a UK banking licence — with plans to pursue a US licence next, likely through the acquisition of a local bank. This signals an expansion beyond its core in payments, as the company looks to enter the lending space and operate on