PYMNTS-MonitorEdge-May-2024

payments platform

Cross River Helps UK Payments Provider Pay.com Expand Into US
Cross River Helps UK Payments Provider Pay.com Expand Into US
March 22, 2023  |  Payment Methods

Embedded finance provider Cross River Bank is helping Pay.com expand into the U.S. The partnership between the two companies, announced Wednesday (March 22), will enhance...

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ISOs Use Data and Service to Reframe Business Model and Merchant Value
ISOs Use Data and Service to Reframe Business Model and Merchant Value
March 22, 2023  |  Data

Charles Zhu, vice president of product at Enigma, told PYMNTS that the pressure is on independent sales organizations (ISO) to reinvent themselves. And in doing...

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Motive Partners Reportedly Working to Acquire Payments Tech Platform ACI Worldwide
Motive Partners Reportedly Working to Acquire Payments Tech Platform ACI Worldwide
March 16, 2023  |  Acquisitions

Private equity firm Motive Partners is reportedly working to acquire payments technology platform ACI Worldwide. Motive Partners has been seeking financing for a potential deal...

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Stripe Says It’s Building the Payments Foundation for Tomorrow’s AI Economy
Stripe Says It’s Building the Payments Foundation for Tomorrow’s AI Economy
March 16, 2023  |  artificial intelligence

How do you effectively monetize artificial intelligence (AI) tools that can do anything? With a payments foundation that can support everything they do, Emily Glassberg...

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Tilia Names Brad Oberwager CEO and Raises $22 Million
Tilia Names Brad Oberwager CEO and Raises $22 Million
March 14, 2023  |  Payment Methods

Payments platform Tilia has raised $22 million and named a new chief executive. The San Francisco company announced Tuesday (Mar. 14) it had received strategic funding from Korean FinTech Dunamu,...

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BoomerangFX Adds Stripe Payment Processing to Clinic Management Platform
BoomerangFX Adds Stripe Payment Processing to Clinic Management Platform
March 07, 2023  |  Healthcare

BoomerangFX has tapped Stripe to enable integrated payments within its clinic management platform. This move will add Stripe’s payment platform to BoomerangFX’s platform for aesthetic...

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PayPal Urges Investors to Reject TRC Mini-Tender Offer
PayPal Urges Investors to Reject TRC Mini-Tender Offer
February 26, 2023  |  Investments

PayPal is asking its investors to reject an unsolicited offer by TRC Capital for 2 million of its shares. The so-called “mini-tender” offer — revealed...

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Stripe Reportedly Looking to Raise $4 Billion Via Special Vehicle
Stripe Reportedly Looking to Raise $4 Billion Via Special Vehicle
February 23, 2023  |  Investments

Stripe is reportedly in the process of raising $4 billion from investors. Bloomberg reported Thursday (Feb. 23) that the payment platform is working with banks...

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India’s PhonePe Valued at $12B After $100M Fundraise
India’s PhonePe Valued at $12B After $100M Fundraise
February 14, 2023  |  Digital Payments

India’s PhonePe is closer to realizing its super app ambitions after raising $100 million. The Walmart-backed payments platform announced the round Tuesday (Feb. 14), which...

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