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Hey Payments Fanatic! Mendel, a Mexico-based FinTech working to simplify corporate expenses in Latin America, has just raised $35 million in a Series B round, bringing its total funding to $60 million. This fresh capital will help expand its offerings and support its entry into new markets. The round was

Hey Payments Fanatic! Payments don’t stop at borders, and neither should businesses. That’s the idea behind the partnership between Airwallex and Yuno, two companies working to reshape the way global transactions move. By teaming up, they’re making cross-border payments even more seamless, helping businesses scale with less

Hey Payments Fanatic! Since 2023, Colombia has been working toward the launch of Bre-B, a system designed to redefine instant payments in the country. The Banco de la República has selected ACI Worldwide to develop the infrastructure, with implementation set to unfold in phases. A centralized key directory is expected

Hey Payments Fanatic! When China introduced visa-free entry for South Korean travelers last November, the impact was almost immediate. Airports grew busier, flights filled up, and businesses in both countries felt the shift. For Kakaopay, the effect was clear in the numbers: between November and February, its app users in

Hey Payments Fanatic! Stablecoins are becoming more integrated into traditional finance, with Rain securing $24.5 million in funding to expand its stablecoin-powered card issuing platform. The round, led by Norwest Venture Partners, brings new capital to support Rain’s growing role in digital payments. Alongside the funding, Rain announced

Hey Payments Fanatic! Nearly a month ago, reports surfaced that Flutterwave, Africa’s highest-valued startup, was in talks for an IPO on the Nigerian Exchange (NGX). The $3 billion FinTech has since made several strategic moves, reinforcing its position as a key player in digital payments across the continent. 🇿🇲 The

Hey Payments Fanatic! The intersection of AI and payments continues to reshape global commerce. Checkout.com’s Intelligent Acceptance engine, designed to optimize transactions at scale, has now driven over $10 billion in additional merchant revenue. Processing insights from more than 20 billion data points, the AI-powered system refines payment