Tag: payments

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MessageBird seeks entry into financial services with call for potential acquisitions

MessageBird's Acquisition Interest:Dutch cloud communication platform MessageBird expresses interest in acquiring licensed payment service providers. CEO Robert Vis announces the company's focus...

Jack Dorsey’s Block lays off staff across Cash App, Square and foundational teams

Block, a San Francisco-based payment solutions specialist, is implementing job cuts across its Cash App, Square, and foundational teams. Block CEO Jack Dorsey...

UK fintech Paysme winds down operations

Paysme Closure:UK-based fintech Paysme, focused on aiding small businesses in transitioning to the digital economy, has shut down.Financial Struggles:Despite raising...

Mondu gears up for European expansion with €30m debt financing boost

Mondu secures €30 million debt financing from German bank VVRB. The deal increases Mondu's credit facility with VVRB to €50 million, following a...

Bilt Rewards more than doubles its billion-dollar valuation with new $200m equity investment

Valuation Milestone: New York-based Bilt Rewards reaches a valuation of $3.1 billion after securing a $200 million equity investment. Key Investors and Leadership Changes:...

CFPB proposes new laws to stamp out NSF fees for transactions declined in real time

The US Consumer Financial Protection Bureau (CFPB) proposes a ban on fees for non-sufficient funds (NSF) charged by banks, credit unions, and certain...