Car IQ Joins Visa’s Fintech Fast Track Program

Car IQ®, an innovative provider of vehicle payment solutions, today announced it has joined Visa’s Fintech Fast Track program, speeding up the process of integrating with Visa, a world leader in digital payments. As a Fintech Fast Track partner, Car IQ can more easily leverage the reach, capabilities, and security that VisaNet, the company’s global payment network, offers. This new offering will give Car IQ the ability to extend the reach of its payment solution that provides fleet...

SeQura receives up to €150M financing from Citi and secures growth

SeQura the leading BNPL and flexible payments platform in Spain and southern Europe, closed an asset-backed agreement with Citi of up to €150m of senior financing. Existing financing partner Chenavari, a specialized credit investor based in London, continues its support for SeQura, bringing the total financing potential up to €200m. This new facility will increase the company’s overall funding capacity and support SeQura’s international expansion across Southern Europe, as well as the development and launch of new, innovative payment solutions. The new agreement significantly...

PNC Acquires Point of Sale and Payments Solutions Firm, Linga

The PNC Financial Services Group, Inc. ( NYSE: PNC) today announced it has acquired Linga, a point of sale (POS) and payments solutions firm providing an industry-leading, cloud-based restaurant operating system. The acquisition of Linga and its technology will further expand PNC’s digital resources and enhance the bank’s capabilities to better serve its hospitality and restaurant industry clients. “This acquisition reflects our continued commitment to expanding our corporate payments capabilities, as well as investing in the solutions...

TerraPay and NPCI International collaborate

In a strategic move to further strengthen its cross-border payment solutions, TerraPay, a leading global payments infrastructure group today announced its partnership with NPCI International Payments Limited (NIPL), the International arm of National Payments Corporation of India (NPCI). This association with NIPL will allow Indian customers and merchants in India with an active Unified Payments Interface Id (UPI Id) to make and accept cross-border payments seamlessly by leveraging TerraPay’s agile infrastructure and the UPI network. In this intended collaboration,...

MoneyGram and e& international Expand Partnership

Through this partnership expansion, e& international’s large and fast-growing customer base can now use the e& money mobile wallet to send money around the world in near real-time The service is now live throughout Saudi Arabia, the United Arab Emirates and Afghanistan with Egypt, Pakistan and several other markets in Africa expected to launch in the next few months MoneyGram International, Inc. (NASDAQ: MGI), a global leader in the evolution of digital P2P payments, and e& international from e& (formerly known as Etisalat Group), one of the world’s leading...

CHEQ Raises $8M in Series Seed Funding

CHEQ will use the funds to onboard more venues, allowing users to send food and drinks to each other at a variety of restaurants, bars, hotels, and stadiums in key markets around the country. CHEQ, Lifestyle Technology, Inc. (“CHEQ”), the first mobile payments platform for the restaurant and hospitality industry to enable social purchasing and gifting, allowing users to pay for and send drinks to one another for on-premise consumption has raised $8M in Seed funding led...

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