payments companies

Paytm’s Shares Fall as Widening Losses Are Anticipated
Paytm’s Shares Fall as Widening Losses Are Anticipated
May 21, 2024  |  Banking

Paytm’s stock has reportedly fallen considerably amid the company’s troubles with Indian banking regulators. Shares in Paytm are down roughly 61% in the last six months, Bloomberg...

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Paytm Money Names Rakesh Singh CEO as COO Departs
Paytm Money Names Rakesh Singh CEO as COO Departs
May 05, 2024  |  Personnel

Embattled Indian FinTech Paytm has just undergone a leadership shakeup. Bhavesh Gupta, the company’s president and chief operating officer, is stepping down from that role for personal...

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BoE Urges UK Payment Firms to Upgrade Operational Resilience
BoE Urges UK Payment Firms to Upgrade Operational Resilience
April 30, 2024  |  Payments As A Service

Are companies offering payments services in Great Britain prepared for disruptions such as cyberattacks? Sasha Mills, executive director for financial market infrastructure (FMI) at the Bank...

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Report: Ant Group Plans $200 Million Purchase of MultiSafepay
Report: Ant Group Plans $200 Million Purchase of MultiSafepay
January 07, 2024  |  Acquisitions

China’s Ant Group is reportedly preparing to purchase Dutch payments firm MultiSafepay. The deal, worth about $200 million, comes as Ant Group — which owns Alipay — is...

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UK Payments FinTech SumUp Raises $307 Million 
UK Payments FinTech SumUp Raises $307 Million 
December 11, 2023  |  Fintech Investments

Payments FinTech SumUp has raised $307 million to expand its footprint and develop new services. The British company, whose products include point-of-sale card readers, announced...

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Report: Worldline Could Be Private Equity Takeover Target
Report: Worldline Could Be Private Equity Takeover Target
November 26, 2023  |  Acquisitions

Worldline’s stock climbed last week amid reports that it could be a takeover target. As Seeking Alpha noted Friday (Nov. 24), the French payments firm rose 5% on...

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Flywire Raises $100M To Expand Into New Markets
Flywire Raises $100M To Expand Into New Markets
July 26, 2018  |  Payment Methods

Flywire, the payment company for businesses and institutions, announced on Thursday (July 26) that it has raised $100M in new venture funding. In a press...

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Morgan Stanley: FinTech Looks ‘Attractive’
Morgan Stanley: FinTech Looks ‘Attractive’
July 20, 2018  |  Payments Innovation

Wall Street firm Morgan Stanley is getting more bullish on the payments and processing markets, upgrading its investment rating to be attractive, with growth expected...

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Earnings Season Forecast: Chilly?
Earnings Season Forecast: Chilly?
April 07, 2016  |  Payment Methods

Nobody expects much from earnings season, which begins next week. Here's why even nobody may be a tad optimistic.

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