Tag: Payments
Facebook’s Libra Association adds crypto prime broker Tagomi
$28 million-funded crypto startup Tagomi will be the newest member of the Libra Association that governs the Facebook-backed Libra stablecoin, TechCrunch has learned. A formal announcement of Tagomi joining was slated for Friday or next week. Tagomi offers a platform that helps large traders and funds easily access cryptocurrency markets.…
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Checkout.com acquires payment optimization startup ProcessOut
Checkout.com, the quiet London-based payment platform, has acquired its first startup, ProcessOut. Checkout.com surprised everyone last year when it announced a gigantic $230 million Series A round. It turns out the payment processing boom is not over yet. Checkout.com focuses on enterprise clients with customers all around the world. It…
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BharatPe raises $75M to help Indian merchants accept digital payments and secure working capital
BharatPe, a New Delhi-based startup that is enabling hundreds of thousands of merchants to accept digital payments for the first time and also providing them with access to working capital, has raised $75 million in a new financing round as it looks to scale its business in the nation. The…
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Fintech startups raised $34B in 2019
Financial services startups raised less money in 2019 than they did in 2018 as VC firms looked to back late stage firms and focused on developing markets, a new report has revealed. According to research firm CB Insights’ annual report published this week, fintech startups across the world raised $33.9…
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Rippling starts billboard battle with Gusto
Remember when Zenefits imploded, and kicked out CEO Parker Conrad. Well, Conrad launched a new employee onboarding startup called Rippling, and now he’s going after another HR company called Gusto with a new billboard, “Outgrowing Gusto? Presto change-o.” The problem is, Gusto got it taken down by issuing a cease…
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Mastercard given approval to prepare for entry into China’s payments market
After years of unsuccessful attempts to enter China’s massive $27 trillion payments market, Mastercard announced today it has won approval from the People’s Bank of China (PBOC) to begin formal preparation to set up a bank card clearing institution in China. The news is a significant step toward Mastercard being…
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