Rendix, offered by more than 4,000 retailers across South America and the US, is expanding to Colombia and Panama
Ansa, the fintech infrastructure solution enabling merchants to launch branded customer wallets, announced a $14M Series A funding round. The round was led by Renegade Partners with participation from Bain Capital Ventures, B37 Ventures, Box Group, and Wischoff Ventures. The funding will be used to broaden the depth of Ansa’s payment solutions, with a focus on product development and engineering, to empower merchants to better engage their customers. Merchants spend over $138 billion annually on fees, microtransactions and small transaction volume payments, such as a $4 latte...
Ryght and nmible announced partnership
April 30, 20244 min
Ryght, a leading enterprise generative AI (GenAI) technology company for healthcare and life sciences, announced a partnership with nmible, an innovative fintech company that provides reimbursement solutions for clinical trials. The collaboration will enable nmible to integrate Ryght’s GenAI capabilities into its platform and use it to automate data processing, enhance security, and optimize workflows for its customers. nmible will leverage Ryght’s advanced GenAI technology, which utilizes various large language models (LLMs) fine-tuned for the...
Phos, Silverflow to Unleash End-to-End SoftPoS Payments Acceptance
April 30, 20244 min
Silverflow’s cutting-edge cloud processing technology brings added functionality to Phos’ SoftPoS solution
BSV Blockchain announced the launch of SPV Wallet
April 30, 20245 min
BSV Blockchain announced the release of its new SPV (Simplified Payment Verification) Wallet, which is now available in public beta, following a private beta period. The SPV Wallet, developed and maintained by the BSV Association, is an open-source, non-custodial hosted wallet that seamlessly integrates with the existing BSV ecosystem. It serves as the standardised open-source wallet reference implementation for the BSV ecosystem. The SPV Wallet is designed to be cost-effective and accessible. It is the...
John Hedlund joins FundingShield Advisory Board
April 29, 20245 min
John Hedlund, founder of Adanac Advisory Group (AAG), a boutique advisory and consulting firm, recently retired from AmeriHome Mortgage, a Western Alliance Bank Company where John was Chief Operating Officer and Managing Director. John was one of the original founders (2013) of AmeriHome and helped lead the sale to Western Alliance Bank in 2021. AmeriHome quickly grew from inception to become the 2nd largest Correspondent Lender in the United States (2022 – $78B, 2023 –...
Talino, Chemonics invest in startup Higala
April 29, 20246 min
Talino Venture Studios, an award-winning global venture studio for sustainable innovation, and Chemonics International, a leading sustainable development firm, have launched and seed-funded Higala, the pioneer startup Inclusive Instant Payment System (IIPS) in the Philippines. As an IIPS, Higala will serve as a financial superhighway that will connect thrift banks, rural banks, and microfinance institutions that are currently excluded from payment networks because of high switching and on-ramp costs. Despite the presence of 400 rural banks in the Philippines, only a mere 18 are part of InstaPay. This highlights a significant challenge: the lack of interoperability among these banks. As a consequence, the full potential of financial inclusion remains largely untapped, depriving many Filipinos of the benefits that modern banking...
Mercuryo’s Intuitive On-Ramp Payments Solution launched on zkSync
April 29, 20243 min
Global payments infrastructure provider Mercuryo has integrated with zkSync, a leading Layer 2 scaling solution for Ethereum, providing an intuitive on-ramp service that enables users of the protocol to seamlessly convert fiat currency into digital tokens. The integration will enable applications on the zkSync protocol to offer fiat-to-crypto purchases directly in the application. Applications that utilise Mercuryo as a payments provider will become more cost-effective as Mercuryo eliminates the need for applications to bridge assets from the underlying Ethereum network and benefit...
RevoluGROUP and Bit2Me announce strategic partnership
April 26, 20244 min
Bitcoinforme SL. (“Bit2Me”) and RevoluGROUP Canada Inc., (Frankfurt: IJA2), (“RevoluGROUP”) are pleased to announce a strategic partnership with RevoluGROUP wholly owned subsidiary RevoluPAY S.P. (RevoluPAY) and Bit2Me, in the evolution of digital asset accessibility, harnessing the strengths of both entities to offer digital asset management and a seamless payment processing between fiat currencies and digital assets. The collaboration with Bit2Me (executed on April 16th, 2024) represents a mutual commitment to simplifying the user experience while maintaining the highest...
Paystand announced the acquisition of Teampay
April 26, 20246 min
Combined Company Creates No-Fee B2B Digital Payment and Spend Powerhouse That Services Over 1 Million Businesses