First Data

Step raises $22.5M led by Stripe to build no-fee banking services for teens

The smartphone revolution has well and truly disrupted the world of banking. A wide range of startups have cropped up that have completely removed the need to make visits to physical branches to open

China’s Alipay digital wallet is entering 7,000 Walgreens stores

China’s payments heavyweights have been following tourists abroad as their home market gets crowded. Ant Financial, Alibaba’s financial affiliate with a valuation of $150 billion, now see

Alipay, China’s top mobile payment service, expands to the U.S.

China’s dominant mobile payment service is making its move in the U.S.. Ant Financial, the Alibaba spin-off that operates Alipay, has inked a deal with payment processor firm First Data that wi

Ant Financial partners with First Data and Verifone as part of its global expansion

As hundreds of newly minted Chinese millionaires and billionaires continue their global shopping spree, Ant Finacial Services is expanding its reach to make sure they can buy whatever they want, where

The restaurant table(t) is getting crowded

Many of us have tried new services, like online food ordering, subscription meals and signing with your finger on a tablet-based point-of-sale system; but the reality is that we are still in the early

2015 IPO Scorecard: How Box, Square, Fitbit And Others Stacked Up

2015 was not a good year for IPOs. In fact, it was the worst year for tech IPOs since the financial crisis in 2009, with more and more startups opting to remain private longer. Stock market swings st

Worst Year For Tech IPOs Since 2009

First Data Grows 5% In Its Q3, Showing Narrower Net Loss And Large Debt Costs

Following the bell this afternoon, First Data reported its third-quarter financial performance, its first quarterly report since it recently went public. The company's debut was generally regarded as

13 TechCrunch Stories You Don’t Want To Miss This Week

This week's headlines saw both Square and First Data IPO, layoffs at Twitter, and a scathing Wall Street Journal report on Silicon Valley healthcare unicorn Theranos. On Bullish, TechCrunch hosted Mel

First Data Prices Its IPO At $16 Per Share, Raising $2.56 Billion

First Data priced its IPO tonight at $16 per share, beneath the expected range of $18 to $20, according to Bloomberg. Selling 160 million shares, the payments-processing company will raise $2.56 billi

First Data Debuts Clover Mobile, A Wireless, Tablet-Based Point-Of-Sale

Payment processor First Data today introduced a new, more portable point-of-sale system called <a target="_blank" href="https://www.firstdata.com/en_us/products/merchants/terminals-and-pos/clover-mobi

First Data Acquires Mobile Gift Card Platform Gyft

Payment technology solution provider First Data has acquired mobile gift card platform Gyft, a previous TechCrunch Disrupt battlefield company which offers a mobile app that lets consumers organize, s

Payments Giant First Data Acquires Mobile Loyalty Startup Perka For ~$30M To Take On Square And PayPal In SMB Market

In an effort to catch up with Square and Paypal, payment processing giant First Data has been quietly increasing its presence in the mobile payments market. As the largest credit card processing compa

First Data Quietly Buys Payments Startup Clover; Launches Point Of Sale Platform For Merchants

Last year, payments processing giant First Data quietly acquired Andreessen Horowitz-backed <a href="https://techcrunch.com/2012/03/08/clover-raises-5-8m-from-andreessen-horowitz-launches-as-a-one-cli

A Woman, A Cupcake, A Bank And A Square: Why Credit Card Companies Are Scared Of Change

In the sleepy Columbus, Ohio suburb of <a href="http://en.wikipedia.org/wiki/Canal_Winchester,_Ohio" target="_blank">Canal Winchester</a> there is a shop that makes cupcakes. These are not ordinary cu