payment processor
ZirooPay raises $11.4M to scale its mobile POS solutions for retailers across Nigeria
The number of POS terminals in Nigeria grew from 150,000 in 2017 to 543,000 in April 2021, according to Statista. During that period, the volume of POS payments in the country also…
MoneyHash gets $3M to build a super-API for payment operations in Africa, Mideast
Large merchants, particularly those that operate in more than one geography, have to support an array of payments methods. Each payment integration requires in-house technical work and the remodeling of…
Payment orchestration platform Gr4vy pulls in another $15M in a Series A extension
Retailers often build their own “orchestration” platforms for payment processing and routing, but these can be complex to maintain. Spreedly plays in this space, and, last year, new startup Gr4vy…
TikTok adds creator monetization features, including tips and video gifts
TikTok is today introducing new ways for its creators to make money from their content. While already, the short-form video platform allowed creators to accept virtual gifts from fans during…
Featured Article
All the reasons why you should launch a credit or debit card
To learn more about the pros and cons, we spoke with executives from Marqeta, Expensify and Cardless.
WhenThen’s no-code payments platform attracts $6M from European VCs Stride and Cavalry
The payments space — amazingly — remains up for grabs for startups. Yes, dear reader, despite the success of Stripe, there seems to be a new payments startup virtually every…
Adyen alumni raise €2.6M seed to launch Silverflow, a ‘cloud-native’ card payments processor
Silverflow, a Dutch startup founded by Adyen alumni, is breaking cover and announcing seed funding. The pre-launch company has spent the last two years building what it describes as a…
The OpenStack Foundation becomes the Open Infrastructure Foundation
This has been a long time coming, but the OpenStack Foundation today announced that it is changing its name to “Open Infrastructure Foundation,” starting in 2021. The announcement, which the…
Hackers say ‘jackpotting’ flaws tricked popular ATMs into spitting out cash
In 2010, the late Barnaby Jack, a world-renowned security researcher, hacked an ATM live onstage at the Black Hat conference by tricking the cash dispenser into spitting out a stream…
New York payments startup exposed millions of credit card numbers
A massive database storing millions of credit card transactions has been secured after spending close to three weeks exposed publicly to the internet. The database belongs to Paay, a card…
A Christian-friendly payments processor spilled 6 million transaction records online
A little-known payments processor, which bills itself as a Christian-friendly company that does “not process credit card transactions for morally objectionable businesses,” left online a database containing years’ worth of…
African fintech firm Flutterwave raises $35M, partners with Worldpay
San Francisco and Lagos-based fintech startup Flutterwave has raised a $35 million Series B round and announced a partnership with Worldpay FIS for payments in Africa. With the funding, Flutterwave will invest…
Latin America Roundup: Uber acquires Cornershop, SoftBank invests in Buser and Olist
Brazil continued to churn out unicorns this month, with Curitiba-based Ebanx becoming the first startup from the southern part of the country to top a $1 billion valuation. U.S.-based FTV…
Visa pitches a program offering fintechs faster market access through an ecosystem of partners
Visa is pitching a new way for startups in the fintech space to get to market faster by using its rails and a group of pre-approved partners. The Fast Track…
Africa Roundup: Paga goes global and 4 startups raise $99M in VC
Nigerian digital payments startup Paga is gearing up for international expansion with a $10 million round led by the Global Innovation Fund. The company is exploring the release of its payments product in…
While Coinbase has had its fair share of technical issues the last few months, it seems the latest one may not be its fault. Earlier today reports started coming in…
