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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
Mastercard gender and race bias settlement
Mastercard will pay $26 million to settle a class action lawsuit alleging gender and race-based pay discrimination, affecting thousands of employees since ... Read More
Block Fined $255 Million Over Cash App AML and Fraud Failings
Block Inc. has been fined $255 million over AML and fraud failures on its Cash App platform, with penalties imposed by state regulators and the ... Read More
Amazon to Acquire Indian BNPL Firm Axio for Over $150 Million
Amazon agrees to acquire Indian BNPL firm Axio in a deal exceeding $150 million, aiming to enhance financial services and credit access across ... 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
Klearly Secures €6 Million Seed Round for European Expansion
Dutch fintech startup Klearly, specializing in Tap on Phone technology, has raised €6 million in a seed funding round to drive its growth into new European markets. Klearly’s solution eliminates the need for traditional bank-supplied hardware by allowing businesses to accept payments directly on smartphones. This technology has made ... Read More
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Will Blockchain Replace Traditional Notary Services?
Blockchain offers a secure, efficient alternative to traditional notary services with tamper-proof, time-stamped records and global ... Read More
How Blockchain Could Revolutionize Universal Healthcare Systems
Blockchain can revolutionize healthcare by improving data security, streamlining operations, cutting costs, and ensuring equitable access ... Read More
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
The Role of Fintech in Payment Gateways and Merchant Accounts
Introduction In the rapidly evolving landscape of digital finance, fintech has emerged as a transformative force, reshaping traditional payment systems and merchant account management. The convergence of technology and financial services, known as fintech, is driving innovation, enhancing security, and providing unprecedented convenience ... Read More
Exploring the Use of Blockchain in Intellectual Property Management
Blockchain revolutionizes intellectual property management with secure ownership proof, automated licensing, and counterfeit ... Read More
Blockchain-Powered Crowdfunding: A Transparent Approach
Blockchain-powered crowdfunding is revolutionizing fundraising by ensuring transparency, minimizing fraud, and empowering global communities to raise funds efficiently, securely, and collaboratively for projects, startups, and social causes ... Read More