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Latest Results from /payments

/payments

Shield raises $5m to bring stablecoin payments to exporters

Shield, a neobank startup using stablecoin payments to make life easier for global trade businesses, has raised $5 million in seed funding.

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Revolut pledges £3bn UK investment

As it opens its new global headquarters in Canary Wharf, fintech giant Revolut has pledged to invest £3 billion in the UK, creating 1000 new high-skilled jobs over the next five years.

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Big banks inject $136 million into blockchain payments network Fnality

Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces, has raised $136 million in a significant vote of confidence from backers.

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PayPal invests in Stable layer 1 blockchain

PayPal Ventures has made a strategic investment in Stable, the layer 1 blockchain network for stablecoin transactions.

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Guavapay suspends UK services under FCA agreement

London-based fintech Guavapay says it has temporarily suspended its UK services under an agreement with the Financial Conduct Authority following "significant challenges" with fraudulent activity.

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Cardless raises $60m

Embedded credit card platform Cardless has raised $60 million in a Series C growth round led by Spark Capital.

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Kaia and Line to launch stablecoin superapp

Two Asia-based fintechs, Line Next and Kaia, have launched what is described as a stablecoin superapp, designed to facilitate cross-border payments.

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WhatsApp adds QR code payments to business app

Meta has added a QR code-based payments option to the WhatsApp Business App.

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Kredete raises $22m to bring credit building and stablecoin-based remittances to African immigrants

Kredete has raised $22 million to help African immigrants in North America and Europe build credit and send remittances via stablecoin payments.

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Stablecore raises $20m to bring stablecoins to community banks and credit unions

Stablecore has raised $20 million for a platform that helps community and regional banks and credit unions offer stablecoins, tokenized deposits and digital asset products.

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Google and PayPal agree multi-year commerce collaboration

Google and PayPal have agreed a multi-year collaboration to advance agentic shopping and frictionless commerce payments.

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Vipps MobilePay selects Tink to introduce Pay by Bank in Finland

Nordic mobile payment platform Vipps MobilePay is to adopt Tink's Pay by Bank platform for account-to-acount payments in Finland.