PYMNTS-MonitorEdge-May-2024

Expansion

The action of becoming larger or more extensive. Expansion is the phase of the business cycle where real GDP grows for two or more consecutive quarters, moving from a trough to a peak.

Source: investopedia.com

UnionPay, Wirecard Team Up For Global Expansion
UnionPay, Wirecard Team Up For Global Expansion
September 16, 2019  |  Partnerships / Acquisitions

Wirecard and UnionPay have partnered up and signed a memorandum of understanding (MoU) to expand globally, according to a release. The agreement between the two...

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Stripe Expands European Presence
Stripe Expands European Presence
September 10, 2019  |  Payment Methods

San Francisco-based Payments startup Stripe is rolling out its services in eight new European countries, the company said in a press release on Monday (Sept....

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Amazon Fresh Expands To India
Amazon Fresh Expands To India
August 22, 2019  |  Amazon Investments

Amazon announced on Thursday (Aug 22) that it’s bringing its online grocery business, Amazon Fresh, to India, according to a report by CNBC.  The news...

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Stripe Opens Office In Mexico City
Stripe Opens Office In Mexico City
August 06, 2019  |  Latin America

Payments startup Stripe has announced that it’s opening up an office in Mexico City to take advantage of opportunities for growth in the Latin American...

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Zeta Finds First External Funding For Enterprise Payments Tech
Zeta Finds First External Funding For Enterprise Payments Tech
July 24, 2019  |  B2B Payments

Enterprise payments and banking technology firm Zeta announced a Series C funding round this week propelling the firm’s valuation to $300 million. Announced in a...

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Monzo’s Valuation Now At £2 Billion
Monzo’s Valuation Now At £2 Billion
June 25, 2019  |  Fintech Investments

Monzo, a London-based digital bank, has raised £113m in new funding as of this week, bringing the firm’s total valuation to £2 billion at the...

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Fortino Capital Backs Dutch T&E Firm Declaree
Fortino Capital Backs Dutch T&E Firm Declaree
June 24, 2019  |  Investments

Fortino Capital Partners revealed that it has invested in Declaree, expanding its portfolio of travel and expense management companies. Founded in 2014 by Bas Janssen,...

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B2B Startup Investors Go After The Niche Markets
B2B Startup Investors Go After The Niche Markets
June 21, 2019  |  B2B Payments

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many...

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Apple Expands Apple Card Testing
Apple Expands Apple Card Testing
June 20, 2019  |  Apple

Apple has expanded the test phase of its credit card with Goldman Sachs to its retail employees, according to a report by Bloomberg. The company,...

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