payments companies

Musk’s X Payments on Hold After Legal Threat in NY
Musk’s X Payments on Hold After Legal Threat in NY
October 27, 2024  |  Legal

Last year, Elon Musk made a bold prediction about the future of his social media platform. Instead of just being a place where people shared...

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Mangopay Names Meta Veteran Sergi Herrero as CEO
Mangopay Names Meta Veteran Sergi Herrero as CEO
September 17, 2024  |  Personnel

Payments infrastructure provider Mangopay has chosen Sergi Herrero as its new CEO. Herrero, a veteran of companies such as Meta, Square and BNP Paribas, is...

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Nium Reportedly Putting IPO Plans on Hold
Nium Reportedly Putting IPO Plans on Hold
September 09, 2024  |  IPO

Nium is reportedly the latest company holding off on plans to go public. Prajit Nanu, CEO of the Singapore-based payments firm, told Bloomberg News in...

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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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