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Victory Park Capital strengthens alliance with Zip


Victory Park Capital Advisors, an established credit manager and global alternative investment firm, has closed a refinancing agreement for a $225m debt facility with Zip, a renowned player in the digital retail finance and payments industries. This strategic financial collaboration is set to bolster Zip’s US receivables, marking a crucial step in the expansion of

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Viva.com unveils two new features to simplify payments in Europe


European neobank Viva.com has launched two new features designed to simplify business across the continent. The first new feature, real-time payments gives the Viva.com merchant community near-instant access to their funds. Transactions are now settled in up to 60 minutes, compared to the previous next-day settlement system. The second new feature, Offline Payments, was developed

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Credit Unions Benefit from Advanced Functionality and Expanded Capabilities with Fiserv Core Platform Enhancements


Fiserv, Inc., the world’s leading provider of financial services and payments technology solutions, continues to enhance its core banking platform to deliver greater agility, fundamental resilience better infrastructure and greater scalability, enabling innovation and growth for credit union customers. One of many Fiserv cloud platforms, Fiserv Portico® enables credit unions to operate more efficiently while

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Stax Payments Acquires APPS, Expands Technology Stack to Offer Bespoke End-to-End Payment Processing Experience


Stax Payments, a leading payment technology provider, today announced the acquisition of Atlantic-Pacific Processing Systems (APPS), creating a seamless end-to-end payment processing platform . The APPS integration marks a significant expansion in Stax’s technology stack, providing partners and merchants with flexible and customizable options for their payment processing needs on one cohesive platform. final, unique.

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Moove raises $76m in new funding to bolster business growth


Moove, a mobile FinTech, has received $76 million in new funding, including $28 million in equity from new and existing investors. Funding round led by Mubadala Investment Company (Mubadala), $10 million in venture capital debt from funds and accounts managed by BlackRock, and $38 million in undisclosed amounts previously raised in the last few years

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TerraPay secures in-principle approval for MPI license from Monetary Authority of Singapore


TerraPay, a payments infrastructure company, has been approved by the Monetary Authority of Singapore (MAS) in principle for a Major Payments Institution (MPI) license, becoming a regulated payments company best. TerraPay’s global customers and businesses can access its vast network through this coveted MAS endorsement, enabling fully compliant, affordable, and transparent cross-border remittances. . It

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Flynas & Tabby bring 4-month installment payments for travel tickets


flynas, the airline of Saudi Arabia and a low-cost airline in the Middle East, has partnered with Tabby, a financial services and shopping app based on MENA, to provide travelers with payment solutions flexible math. This partnership comes at a favorable time for travelers, especially with the increasing demand for air travel around the world.

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HSBC launches embedded finance venture with Tradeshift


HSBC and B2B FinTech Tradeshift have formed a new joint venture focused on developing integrated financial solutions and financial services applications. As part of the deal, HSBC will invest $35 million in Tradeshift in two phases and join its board of directors. The deal is part of a funding round that is expected to raise

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Plaid and Cross River partner to offer real-time payments in the US


Cross Riverbank, a technology infrastructure provider that offers embedded financial solutions, has announced the expansion of its partnership with Plaid, a data network helping the digital financial ecosystem, to deliver multi-rail payment solutions to US businesses and their customers. “Expanding our relationship with Plaid to power their real-time offerings is a significant milestone in our

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Tymit and VISA team to offer installment credits to banks & merchants


Tymit has established a strategic partnership with Visa to accelerate the adoption of installment credit among major financial institutions and merchants in the UK and Europe. This partnership aims to enable banks and merchants to offer co-branded and white label installment credit schemes powered by Tymit. As one of the pioneering installment credit card services,

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Cashflows launches new cloud-based in-person payments solution


Cashflows, the platform that allows merchants to accept payments, has launched a new cloud-based direct (point of sale) payment solution. The platform is designed for merchants, independent sales organizations (ISOs) and independent software vendors (ISVs) who want to provide merchants in all industries with a fast and reliable direct payment solution. As part of the

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Nuvei and Plaid extend partnership to expand pay-by-bank


Canadian FinTech Nuvei and Plaid have extended their global partnership to support businesses by accepting bank-based payments for multiple use cases, including recurring payments and payouts, and to serve additional verticals within the e-commerce landscape. Nuvei and Plaid plan to scale their partnership globally before the end of the year. Nuvei’s global reach, including local acquiring in 47 markets,