PayPal Applies to Establish Bank
PayPal has applied to establish PayPal Bank, a Utah-chartered industrial loan company, seeking regulatory approval from the Federal Deposit Insurance Corp and state authorities.The move
December 21, 2025
Airwallex Raises US$330 Million Series G Funding
Airwallex, a Singapore payments company, has raised $330m in Series G funding at an $8bn valuation, reflecting rapid scale in revenue, transaction volume, and multi-product
December 14, 2025
PayRange to Acquire KioSoft, Accelerating the Digital Transformation of Unattended Retail
PayRange, the category-defining commerce platform for unattended retail, today announced the acquisition of KioSoft Technologies, a global provider of cashless payment and IoT solutions. To
December 7, 2025
Flatpay Joins Unicorn Club After Raising $170M
Flatpay, Danish SME-focused paytech, has reached unicorn status at a $1.7B valuation after raising a $170M Series C to fuel expansion across Europe and potentially
November 30, 2025
Ramp Hits $32Bn Valuation on Latest Raise
Ramp, an expense management startup, has raised $300 million in new primary funding plus an employee tender offer, doubling its valuation to $32 billion just
November 23, 2025
Alibaba Taps JPMorgan To Build Stablecoin-Like Payments System for Its $35B Commerce Network
Alibaba is developing a tokenized global payments network, functionally similar to a stablecoin system, using JPMorgan’s tokenization technology to simplify cross-border B2B transactions across its
November 16, 2025
Japan’s NEC Pays $2.9B For CSG Systems International
NEC Corporation, a Japanese multinational information technology corporation, has agreed to acquire CSG Systems International for JPY 438.5 billion (≈$2.9 billion), paying $80.70 per share
November 8, 2025
Fiserv Shares Plunge 40% After Earnings Miss and Leadership Shake-Up
Fintech payments firm Fiserv reported Q3 earnings of $2.04 per share—well below analyst expectations—and missed revenue forecasts, prompting a nearly 41 % plunge in its
November 2, 2025
Visa-Backed Fintech Moniepoint Raises Additional $90 Million
Moniepoint, a Visa-backed Nigerian fintech, secured an additional $90 million—bringing its latest funding round to $200 million and valuing the firm at over $1 billion.
October 25, 2025