Latest

Félix Pago Brings WhatsApp Remittances to Colombia

Hey Payments Fanatic! Félix Pago is rolling out its WhatsApp remittance service in its 6th country, Colombia. Backed by a $75 million Series B, it enters one of Latin America’s biggest remittance markets with partners like Nubank and Mercado Libre. Through WhatsApp, users can send money by text or

Tazapay Raises Series B with Ripple & Circle

Hey Payments Fanatic! Tazapay, a payments startup that processes over $10 billion a year, has closed its Series B round with Ripple and Circle joining to boost its presence in Japan and move forward with license applications in the US, UAE, Hong Kong, and Australia. CEO Rahul Shinghal summed it

Solidgate Taps Into J.P. Morgan’s Banking Network

Hey Payments Fanatic! By combining Solidgate’s orchestration-first model with J.P. Morgan’s global network, the partnership is paving the way for smoother, faster, and more dependable payment experiences, giving merchants easier cross-border access and stronger performance at scale. “Working with J.P. Morgan Payments provides Solidgate and our

Thunes Co-Founder Steps Back In as CEO

Hey Payments Fanatic! Big move at Singapore’s cross-border payments player Thunes. Co-founder Peter De Caluwe is back in the CEO seat after 18 months as deputy chairman. He takes over from Floris de Kort, who previously led the firm. Scroll for more of today’s top news in the

Klarna Secures €1.4B Facility with Santander

Hey Payments Fanatic! Klarna just locked in its first-ever warehouse financing facility deal, securing up to €1.4B ($1.63B) from Banco Santander. The facility is backed by receivables from its German business and marks a big step in diversifying funding sources. The deal follows Klarna’s forward-flow agreement of

PayNearby Eyes IPO in 2026

Hey Payments Fanatic! Indian FinTech PayNearby is gearing up for a public listing next year. The company has already met with 3 merchant bankers and will begin the DRHP process after selecting the one to go ahead with. Unlike Paytm, PhonePe, or BharatPe, PayNearby built its edge through 1.2M+

Stripe’s UPI Glitch Trips OpenAI’s India Launch

Hey Payments Fanatic! OpenAI launched its ChatGPT Go plan in India this week at ₹399/month, aiming to expand affordable access to GPT-5. But the rollout was marred when global payments giant Stripe failed to process UPI transactions, leaving many users unable to subscribe on day one. The glitch highlights

Kiwi Eyes $23M Series B Raise

Hey Payments Fanatic! Mumbai-based Kiwi, the virtual RuPay credit card app powering credit-on-UPI, is set to raise $23M led by Vertex Ventures, with Nexus and Stellaris participating. The round would likely value Kiwi at $100M+ post-money, nearly doubling from its 2023 Series A ($65M valuation). With the RBI and NPCI

Thailand Launches TouristDigiPay for Crypto Payments

Hey Payments Fanatic! Thailand just rolled out TouristDigiPay, a regulated system that lets foreign visitors convert crypto into baht for spending. No cash withdrawals are allowed. Tourists must register with both a licensed digital asset provider and an e-money provider, ensuring KYC and AML compliance. Funds sit in a regulated

SoftBank’s PayPay Files for US IPO

Hey Payments Fanatic! SoftBank’s PayPay has confidentially filed with the SEC for a US IPO of its American depositary shares. The timing, size, and price are still undecided, with the listing subject to market conditions and SEC review. SoftBank has been moving to monetize assets, including a recent $3B

Worst Day Since 2023: Adyen Loses €9B

Hey Payments Fanatic! You know I don’t like starting the day with bad news, but this one you can’t miss. Adyen just had its worst day since 2023, wiping out nearly €9B in market value 🤯 Shares plunged 18% after the payments giant scrapped its forecast for faster growth

Nedbank Acquires SME Payment Startup iKhokha for $90M

Hey Payments Fanatic! Nedbank, one of South Africa’s largest banks, is set to acquire payments startup iKhokha in an all-cash deal worth $90 million. This move will merge Nedbank’s established banking infrastructure with a platform already relied on by thousands of SMEs for payments, working capital, and business

Pix: Brazil’s Instant Payments Masterstroke

Think You’re a FinTech Pro? Time to Prove It

Hey Payments Fanatic! I have an exciting announcement: I’ve launched the FinTech Quiz! The first quiz is live now, and this round closes on August 14th at 12:30 PM CEST. If you’ve been reading my newsletters for a while, you know I love sharing the latest deals,