Daily News
A Nexi Takeover?
Hey Payments Fanatic!
Private equity firm CVC is eyeing an early-stage takeover of Nexi, valuing the company at around €9 billion ($10.5 billion), marking its third attempt after prior explorations.
Nexi, a key player in merchant solutions and card issuing across Europe, has seen its shares drop 65% over
OPay Valuation Hits $3B Ahead of IPO
Hey Payments Fanatic!
OPay, the Nigerian FinTech super app, has an IPO in view, and an early backer suggests that the valuation is at $3 billion.
The Nigerian company now boasts over 50 million users, 10 million daily actives, and $12 billion in monthly transaction volume.
The Norwegian browser group,
Western Union and Its Stablecoin Launch
Hey Payments Fanatic!
For over 170 years, Western Union has been the undisputed king of cross-border remittances, wiring billions across borders and powering livelihoods from Manila to Mexico City.
But in the relentless march of FinTech disruption, even giants must adapt…or perish.
Enter USDPT: Western Union's own
Alipay Brings Mobile Payments to the Car
Hey Payments Fanatic!
Imagine being able to book movie tickets, reserve hotel rooms, or order food through voice commands while you drive.
Well, the future is here, and this is now possible thanks to Alipay and Chinese tech firm Banna Intelligence, who came up with an AI-powered in-car system that
Uber and Block Expand Partnership
Hey Payments Fanatic!
Uber and Block are supercharging their existing partnership, taking Square's seamless POS integration with Uber Eats global, now live in Canada, Australia, the U.K., Ireland, France, and Spain.
Square's hunger for expansion doesn't stop there: U.S. riders and diners
Mastercard Strengthens Sri Lanka’s Digital Payments Ecosystem
Hey Payments Fanatic!
Mastercard is doubling down on Sri Lanka, and small merchants are the big winners.
With the launch of Soundbox and Cloud Commerce, the card network is making digital payments cheaper, simpler, and far more accessible.
Soundbox is a first in the market: a compact device that gives