Over the last 3 years fintech has accounted for 20 percent of all growth stage funding across Europe, more than...
Rapyd is a fintech as a service startup and announced that they had raised $40 million which was co-led by...
Fiserv‘s acquisition of First Data points to the power of fintech and the threat it poses to more traditional payments...
Cross River Bank is one of the most forward thinking banks in the US. This is due to early embrace...
Citing low usage numbers by customers and retailers the payments company says they will end all bitcoin related payments by April 23rd; "Empirically, there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense," Stripe product manager Tom Karlo wrote in the announcement reported by Business Insider; the volatility of price and mining fees also played into the decision by Stripe and has been cited by others as an issue that needs be be addressed. Source.
In the last 18 months there has been a wave of consolidation in the payments sector and that trend looks...
The company raised $100 million from Tiger Global Management, valuing the company at $22.5 billion; Stripe last raised a $245...
The partnership with Stripe will ultimately help marketplace or gig economy workers get paid faster through Cross River’s API platform;...
Coinbase launched their Coinbase Commerce platform to allow merchants to accept digital currency; the service will be integrated into the merchant’s checkout or added as a payment option; the company is accepting merchants by having them email in to be added; this positions Coinbase well as Stripe no longer accepts payments and PayPal has been slow to adopt. Source.
Brothers Patrick and John Collison have revolutionized how payments are transacted on the internet through their startup Stripe; source provides details on their backgrounds and the development of the business; reports on how the company has grown to provide services for more than 100,000 businesses and their new partnership with Amazon. Source