online payments

Fashion magnate takes $225M+ stake in Swedish payment unicorn Klarna

Payments startup Klarna is ramping up its valuation again as it picks up a new, strategic investor. Last valued at $2.25 billion in 2015, the company today announced that Brightfolk, controlled by fas

Stripe’s Patrick Collison says no to an IPO any time soon

You can imagine that Stripe CEO Patrick Collison is asked a lot about whether his San Francisco-based payments company plans to go pubic any time soon. Last year, the seven-year-old company raised $15

Klarna buys BillPay, the PayPal of Germany, for $75M from Wonga

Some chopping and changing is afoot in the world of payments in Europe. Today, Klarna, the startup out of Sweden that works with online merchants to enable flexible payment options, confirmed that it

DocuSign partners with major payment providers to offer pay at signing

DocuSign built a $3 billion valuation by providing a simple way to execute an electronic signature. That has worked well as far as it goes, but in order to separate from the growing pack of competito

Samsung Pay strikes partnership with Chinese online payment giant Alipay

Samsung announced today that it has cemented a deal that will make Alipay, China’s largest online payments platform, available through Samsung Pay.

PayPal nixes Purchase Protection for payments made through crowdfunding platforms

If you use your PayPal account to support a crowdfunding campaign, you can’t rely on its Purchase Protection plan anymore. The payment platform has announced that after June 25, payments made on cro

Indian digital payments company TranServ gets $15M to launch new financial products

TranServ, one of several companies digitizing payments in India, said today that it has secured a Series C of $15 million to develop new financial products. The round was led by IDFC Spice Fund and Mi

Google is getting rid of the physical debit cards linked to its Wallet payment service

Google is bidding “smell ya later!” to its Wallet Card, the physical debit cards linked to Google Wallet accounts. In a blog post, the company said it plans to focus instead on the Google Wallet a

Southeast Asian mobile Internet company Garena announces $170M Series D

Garena, a Singapore-based company that makes mobile gaming, e-commerce, and payment apps, said today that it has raised a $170 million Series D.

Dwolla fined $100,000 for misrepresenting its data-security practices

Online payment processing startup Dwolla has been hit with a $100,000 penalty by the Consumer Financial Protection Bureau (CFPB). The CFPB, a government agency, said in a consent order that Dwolla mis

Amazon Acquires Emvantage To Build Its Online Payment Platform In India

Amazon will acquire startup Emvantage for an undisclosed amount to develop its Indian e-commerce site’s payment platform. In a press announcement, Amazon said the Noida-based company’s employees w

Want To Be The Next Amazon? Go Cross-Border From Day One

The business of e-commerce is still mostly a national affair. U.S. consumers order from U.S. retailers like Amazon, Gap and Walmart; Chinese consumers buy from Chinese sites such as Tmall, Taobao and

Razorpay Offers Stripe-Style Payments Focused Squarely On Indian E-Commerce Plays

The rise of companies like Flipkart, Snapdeal and Ola have put a spotlight on the e-commerce opportunity in India, where the growth of catchy businesses is being fuelled by consumer demand, improv

Alibaba’s Payment Services Affiliate Alipay Opens An Office In Australia

Earlier today, Ant Financial, the Alibaba Group affiliate that operates Alipay, China’s largest online payment platform, said that it had taken a minority stake in mobile security technology startup

Alibaba’s Ant Financial Takes Minority Stake In Security Software Maker V-Key To Beef Up Alipay

V-Key, a security software maker for mobile apps, has raised $12 million from Alibaba Group affiliate Ant Financial Services and IPV Capital, a venture capital firm based in China. The Series B round

PLDT Invests $445M In Rocket Internet To Develop Online Payment Services For Emerging Markets

Rocket Internet and Philippine Long Distance Telephone Company (PLDT), a telecom operator, announced today that they have entered into a strategic partnership to develop online and mobile payment prod

Dwolla Democratizing APIs With New Non-Technical Portal

An API is a "must have" feature for many tech startus. Mailchimp CEO Ben Chestnut went so far as to <a target="_blank" href="">w

MineralTree Grabs $6.3M To Give SMBs A Secure Alternative To Online Banking

Gartner estimates that more than 10 percent of small businesses have been the victim of theft and/or fraud, with losses totaling more than $2 billion. That's because small businesses are more or less

Traxpay Takes $4M From Earlybird, Wants To Be The PayPal Of B2B Online Payments

The online and mobile payments markets have seen a number of disruptions -- from slashing fees for processing to turning mobile handsets into card processing devices -- but many of those efforts have