KyckGlobal Partners with MoneyGram International To Expand Global Payout Network

KyckGlobal announced an expansion of its partnership with MoneyGram International, a global leader in cross-border P2P payments and money transfers  to now serve over 120 countries. The majority of the newly-served countries are located in eastern and western Europe where many consumers prefer to receive payments in cash. KyckGlobal operates an outbound payments platform featuring a broad array of payment types, all of which originate from a single point of reconciliation. The MoneyGram cash payout service is...

Alacriti Adds Key Executive Talent to Accelerate Growth

Alacriti, a fintech company specializing in payments, today announced that it has hired Carl Robinson as Senior Vice President of Sales and Vanessa Varian as Vice President of Marketing to accelerate company success during its next stage of growth. “Carl and Vanessa bring a wealth of experience to their new roles and we are excited to welcome them to the Alacriti team,” said Manish Gurukula, Alacriti’s CEO. “Their leadership, knowledge, and insight will be key as we work to accelerate...

PayPal Announces Pricing of Senior Notes Offering

PayPal Holdings, Inc. (Nasdaq: PYPL) announced today that it has priced its offering of $4.0 billion aggregate principal amount of senior notes, consisting of $1,000,000,000 aggregate principal amount of 1.350% notes due 2023, $1,000,000,000 aggregate principal amount of 1.650% notes due 2025, $1,000,000,000 aggregate principal amount of 2.300% notes due 2030 and $1,000,000,000 aggregate principal amount of 3.250% notes due 2050. The offering is expected to close May 18, 2020, subject to customary closing conditions.Payments PayPal estimates that the net proceeds from the offering will be approximately $3,974,740,000, before...

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