Tag: payments
Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion
Acquisition Announcement: PayRetailers is set to acquire Transfeera, a Brazilian payment processing and bank data validation platform.
Operational Continuity: Transfeera will continue to...
Turkey’s Colendi reportedly raises $65m Series B funding led by Citi
Company: Colendi, a Turkish digital banking start-up.
Funding: Raised $65 million in a Series B round.
Lead Investor: Citi Ventures.
Supporting Investors: Hedef...
ICYMI fintech funding round-up: Kudos, Teal, WeMoney and more
Kudos Secures $10.2 Million in Series A Funding:Funding Round:Amount: $10.2 million
Led by: QED Investors
Other Participants: Patron, Samsung Next, SV Angel,...
CFPB says BNPL firms must comply with credit card consumer protection rules for billing disputes and refunds
Ruling Overview:Agency: US Consumer Financial Protection Bureau (CFPB).
Decision: Designates buy now, pay later (BNPL) firms as credit card providers.
Reasoning: BNPL...
LGT in Liechtenstein taps Finastra for instant payments
Partnership Announcement:Entities Involved: LGT (private banking and asset management group) and Finastra (provider of financial technology solutions).
Objective: Launch instant payment services....
Spanish paytech PayRetailers acquires Transfeera to drive Brazilian expansion
Overview:Acquirer: Spanish paytech PayRetailers.
Target: Transfeera, a Brazilian platform for payment processing and bank data validation.Details of the Acquisition:Assets Acquired: Transfeera’s technology,...