Rapyd is a fintech as a service startup and announced that they had raised $40 million which was co-led by...
Every year Forbes gives us insight into fintech companies with their Fintech 50 list; 2019 was a huge year for...
Stripe, the most valuable fintech startup, has raised another $150 million and is now valued at $9.2 billion; the new round is being co-led by CapitalG, an investing arm of Alphabet Inc., and General Catalyst Partners; Sequoia Capital is also reported to be participating; Stripe is used by businesses to accept and track digital payments. Source
Lex interviews Ashwin Kumar - Stripe's Head of Startups for Banking-as-a-Service.
Here are the most read news stories from our daily newsletter today: American Express reportedly in talks to buy Kabbage...
Fed Reserve Governor Christopher Waller said that FedNow will launch a country-wide interstate highway for payments in about six months.
Stripe's possible IPO sent excited waves through the industry. Many see it as the vote of confidence they have been waiting for.
CNBC has released their 7th annual version of the CNBC Disrupter 50 which consists of startups who have exploited niches...
Citing low usage numbers by customers and retailers the payments company says they will end all bitcoin related payments by April 23rd; "Empirically, there are fewer and fewer use cases for which accepting or paying with Bitcoin makes sense," Stripe product manager Tom Karlo wrote in the announcement reported by Business Insider; the volatility of price and mining fees also played into the decision by Stripe and has been cited by others as an issue that needs be be addressed. Source.
In the last 18 months there has been a wave of consolidation in the payments sector and that trend looks...