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Amazon to Acquire Indian BNPL Firm axio for $150M+

Amazon has agreed to purchase Indian buy now, pay later (BNPL) provider axio in a deal reportedly exceeding $150 million. About axio axio was formed through the merger of Capital Float, Walnut, and Walnut369 and is a key player in India’s e-commerce credit financing market. Its solutions allow online merchants to embed financing and ... Read More

Nevermined Secures $4M to Develop ‘PayPal for AI’

Nevermined, a cutting-edge startup aiming to create payment infrastructure tailored for AI-to-AI transactions, has raised $4 million in a funding round led by Generative Ventures, with participation from Polymorphic Capital, Near, Halo Capital, Factor Capital, Lyrik Ventures, and Arca. Revolutionizing AI Commerce The platform is designed ... Read More

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How Payment APIs are Transforming International Payments

In the ever-evolving landscape of financial technology (fintech), payment APIs are emerging as pivotal tools reshaping the way businesses handle transactions, especially in the realm of international payments and merchant banking. This article delves into the transformative power of payment APIs, their role in streamlining cross-border ... Read More