TransFi Raises $19M to Build Stablecoin-Based Payments Platform

$19.2M round led by Turing Financial Group combines $14.2M Series A equity with a $5M committed liquidity facility to scale stablecoin-enabled cross-border payments across emerging markets. TransFi operates in 70+ countries with 250+ local payment methods, supporting 40+ fiat currencies and 100+ digital assets through a unified orchestration layer for collections, payouts, conversion, and settlement. Momentum and scale: set to achieve $5 billion in processed transaction volume in FY2026, 16x revenue growth since seed round...

Mastercard Taps Borderless.xyz for Crypto Partner Program

Stablecoin orchestration network joins 85+ companies building onchain payments infrastructure Borderless, a global stablecoin orchestration and liquidity network, announced its selection as a launch partner in Mastercard’s Crypto Partner Program. The program brings together more than 85 companies, including Binance, Circle, PayPal, Ripple, Fireblocks, Solana, and Polygon, to collaborate on cross-border transfers, B2B payments, and global payouts using on-chain infrastructure. The launch partner designation follows Borderless’s selection to Mastercard’s Start Path blockchain and digital assets accelerator...

Ramp Acquires Billhop to Expand Access for UK, European Customers

Ramp, the leading financial operations platform, today announced the acquisition of Billhop, a Stockholm- and London-based payments platform licensed in the UK and Sweden. The acquisition strengthens Ramp’s regional expertise, deepening the company’s support for customers operating in the UK and Europe. Additionally, Ramp will open its first international offices in London and Stockholm. Nearly half of Ramp customers transact internationally across more than 180 countries every week. Ramp supports those global operations with worldwide payment...

payabl. Wins Platinum for Virtual Cards Innovation

Payabl, a leading European financial technology provider offering payments and business accounts, has received the Platinum Award for Virtual Card Innovation at the Future Digital Awards 2025, presented by Juniper Research. The annual awards recognise organisations driving meaningful progress in digital finance – companies whose technologies deliver real value and have the potential to shape the industry’s future. Launched earlier this year, Payabl. virtual business cards give companies greater control, security, and visibility over their...

OatFi & GigSafe Launch Early Pay for 1099 Contractors

GigSafe, the all-in-one workforce management platform for businesses that engage independent contractors, today announced a partnership with OatFi, the API-first fintech infrastructure company modernizing how B2B payments are made and received. Together, the companies are launching an Early Pay program designed to make immediate payouts to independent contractors while allowing businesses to extend payment terms. Through the partnership, businesses engaging 1099 workforces receive industry-standard payment terms while offering early payouts to contractors. GigSafe manages compliance,...

TransferMate Applies for Bahrain License to Expand Middle East Reach

TransferMate, the world’s leading provider of embedded B2B payments infrastructure as a service (IaaS), has today announced it has submitted its application for a representative office license in Bahrain as it accelerates its expansion across the Middle East. This means partners and their customers doing business in Bahrain will be able to access TransferMate’s full suite of services – including payments, receivables, and stored funds globally, subject to regulatory approval. This will simplify cross-border transactions, enhance cash flow visibility,...

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