Shift4 acquires Canadian fintech Givex
Shift4 Acquires Givex: US-based payment processor Shift4 has agreed to acquire Canadian fintech Givex for an undisclosed amount.
About Givex: Founded in 1999...
Revolut taps Visa Direct for cross-border business payments
Instant Card Transfer Launch: UK challenger bank Revolut is launching instant card transfer capabilities for its business customers through an expanded collaboration with...
Dutch paytech Adyen names Tom Adams as new CTO
New CTO Appointment: Tom Adams, a former executive at Cash App, has been appointed as the new CTO of Adyen, a Dutch payments...
Visa reportedly in negotiations to acquire Featurespace in potential £700m deal
Potential Acquisition: Visa is reportedly in advanced talks to acquire UK-based fraud detection firm Featurespace in a deal potentially valued at over £700...
Swiss National Bank announces launch of instant payments in Switzerland
Market Launch: The Swiss National Bank (SNB) has introduced instant payments in Switzerland, allowing around 60 Swiss financial institutions to receive and process...
Klarna to resurrect BNPL fintech Laybuy in New Zealand following acquisition of assets
Klarna's Acquisition: Swedish payments company Klarna has acquired the assets of the BNPL fintech Laybuy in New Zealand.
Laybuy's Previous Struggles: Laybuy ceased...
Mastercard set to lay off around 3% of global workforce
Mastercard plans to cut around 3% of its global workforce, impacting approximately 1,000 employees.
The layoffs are a result of organizational changes announced...
Revolut becomes Europe’s most valuable private tech firm after $500m employee share sale
New Valuation: Revolut has become Europe’s most valuable private tech company, now valued at $45 billion after a secondary share sale.
Employee Benefits:...
ICYMI fintech funding round-up: Skydo, Finora Bank, Okredo, Parafin, and more
ICYMI Funding Round-Up Summary:Cardea Corporate Holdings:Secured $15 million in convertible note financing.
Funds will be used for strategic acquisitions and tech infrastructure...
