payments experience - FinTecBuzz

Terrapay Enables Banks to Transfer Funds to Wallets

July 24, 20244 min

TerraPay, a global money movement company, announces that financial institutions can send money directly to more than 2.1 billion mobile wallets around the world using their existing Swift connectivity, enhancing the cross-border payments experience for businesses and consumers. Payments initiated by financial institutions over Swift will reach TerraPay’s system with speed and efficiency, and with end-to-end transparency from account to wallet, powered by Swift’s transaction tracking capabilities. Swift connects more than 11,500 financial institutions in...

by PRNewswire

Blockchain

Agora has raised a $12M Seed round led by Dragonfly

April 3, 20244 min

Agora has raised a $12M Seed round to launch their digital dollar and asset platform purpose-built for the transmission of value on blockchain-based rails. This round of funding was led by Dragonfly. The round saw additional participation from General Catalyst, Hack VC, Kraken Ventures, as well as other funds and notable angels. Related strategic investors include Mirana Ventures, Mantle EcoFund, Foresight Ventures, Wintermute Ventures, Galaxy, and Consensys. Agora’s first product—a fully collateralized, freely tradeable US digital dollar (aka stablecoin)—will...

by BusinessWire

Banking

Marqeta announces New Customers Giftbit, Vivian and Whistle

August 25, 20237 min

Giftbit, Vivian and Whistle showcase the power of Marqeta’s platform for delivering new experiences and incentive cards aimed at increasing customer loyalty and driving worker retention.

by GlobeNewswire

Payments

CloudPay selects Nuvei to bring speed and agility to its payments

July 29, 20235 min

The global partnership expands CloudPay customers’ access to fast, flexible payroll solutions

by PRNewswire

Payments

Thunes adds three prominent investors to Series C funding round

July 17, 20236 min

Thunes, the global B2B payment infrastructure platform, announced the addition of three prominent investors – Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor – to its Series C funding round, supporting its mission to address the inefficiencies of moving money internationally and create a next-generation payment system that is secure, instant and transparent. This investment brings the total Series C funding to USD $72m, coming shortly after Thunes announced...