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Walmart-Backed PhonePe Eyes $1.5Bn IPO

Walmart-Backed PhonePe Eyes $1.5Bn IPO

Hey Payments Fanatic! A decade after launching as a UPI payments app, PhonePe is about to go public. The company is expected to file its draft red herring prospectus by August, aiming to raise up to $1.5bn at a valuation of around $15bn. Backed by Walmart, PhonePe has become

dtcpay Partners with Mastercard Move to Power Faster, Simpler Global Transfers

dtcpay Partners with Mastercard Move to Power Faster, Simpler Global Transfers

Hey Payments Fanatic! dtcpay has partnered with Mastercard Move to offer faster, more secure, and transparent international money transfers, launching June 2025. Through this collaboration, dtcpay users can access 49+ payment corridors from Singapore to destinations including China, UAE, Malaysia, Switzerland, and EU markets. Transfers will now be 60% faster

Coinbase Launches Stablecoin Payments service for E-Commerce

Coinbase Launches Stablecoin Payments service for E-Commerce

Hey Payments Fanatic! Last week, Coinbase dropped a few major updates, including a partnership with Shopify that brought USDC payments to checkout. It already felt like a big step, but now, it’s starting to look like the reveal of something much bigger. Coinbase has now introduced Coinbase Payments, a

Mollie Rolls Out Tap Payment Terminal in the Netherlands

Mollie Rolls Out Tap Payment Terminal in the Netherlands

Hey Payments Fanatic! Tuesday night, I had the pleasure of attending Mollie's event in Amsterdam, where they unveiled their sleek new payment terminal: Tap. It was a great evening, catching up with old friends like Adriaan Mol and seeing the energy around one of Europe's most

Alipay Enables QR Payments on Rokid’s AR Glasses

Alipay Enables QR Payments on Rokid’s AR Glasses

Hey Payments Fanatic! Rokid has spent years developing AR glasses that feel easy to wear and even easier to use. The latest versions, Rokid AR Spatial and Rokid Glasses, project a giant virtual screen, offer real-time translation, and can recognize the world around you. These glasses have already found their

PayPal Storefront Ads Enable On-the-Spot Purchases

PayPal Storefront Ads Enable On-the-Spot Purchases

Hey Payments Fanatic! "View. Click. Buy." That’s how PayPal is framing Storefront Ads, its latest move to turn everyday browsing into seamless shopping. Imagine reading an article online and spotting an ad for a pair of shoes. With Storefront Ads, one can check product details, shipping options,

Walmart & Amazon Eye Stablecoin Launches as U.S. Regulation Advances

Walmart & Amazon Eye Stablecoin Launches as U.S. Regulation Advances

Hey Payments Fanatic! Retail giants Walmart and Amazon are reportedly exploring the launch of USD-backed stablecoins, aiming to streamline payments and cut billions in banking fees, according to the Wall Street Journal. With Amazon’s $447 billion in e-commerce sales (2024) and Walmart’s over $100 billion in global e-commerce,

Payrails Raises €27.7M to Redefine Enterprise Payments with Modular OS

Payrails Raises €27.7M to Redefine Enterprise Payments with Modular OS

Hey Payments Fanatic! Berlin-based Payrails, a global enterprise payments software provider, has raised €27.7 million in Series A funding to accelerate product innovation and commercial growth across the EMEA region. The round, led by HV Capital Growth Fund with backing from EQT Ventures, General Catalyst, and a16z, brings total

Google Deepens Pix Integration with Lens & Chrome

Google Deepens Pix Integration with Lens & Chrome

Hey Payments Fanatic! Google isn’t letting any chance slip by when it comes to growing alongside Brazil’s most used payment method, Pix, which, in case you missed it, just set a new record last Friday: 276.7 million transactions in a single day, surpassing the previous high of

Adyen Vets Power New Rounds in European Startups

Adyen Vets Power New Rounds in European Startups

Hey Payments Fanatic! In a Fintech world obsessed with youthful disruption, two seasoned ex-Adyens are back in the startup game, and investors are betting big on their next acts. Arnout Schuijff, co-founder of $60B Dutch payments giant Adyen, just raised €30M (~$34M) for his new venture, Tebi, an all-in-one platform

NeverPay Unveils a Way to Spend Crypto While HODLing It

NeverPay Unveils a Way to Spend Crypto While HODLing It

Hey Payments Fanatic! Today, I’m bringing you a different kind of payment concept. Okay, I know crypto payments aren’t exactly new anymore… they’re not mainstream yet, but this isn’t exactly about that; this one is a niche within crypto payments. Let’s take a look: A

Klarna Cited Again in Norway Over Credit Rules

Klarna Cited Again in Norway Over Credit Rules

Hey Payments Fanatic! Klarna is back in the spotlight, this time in Norway. The country’s Consumer Council has reported the company to the Consumer Authority, claiming Klarna is not following the rules when offering credit. The issue is not just what Klarna offers, but how it presents the cost

PalmPay in Talks for $100M Raise Amid Profitability Milestone

PalmPay in Talks for $100M Raise Amid Profitability Milestone

Hey Payments Fanatic! PalmPay is reportedly in talks to raise between $50-$100 million, just as it reaches profitability. The Nigeria-based Fintech has raised nearly $140 million so far, with its last round in 2021 valuing the company at $800-$900 million, placing PalmPay among Africa’s biggest Fintechs. While

Brazil Rolls Out Pix Automático to Streamline Subscriptions

Brazil Rolls Out Pix Automático to Streamline Subscriptions

Hey Payments Fanatic! The Central Bank of Brazil has introduced a new layer to its instant payment system. The awaited feature is called Pix Automático (Automatic Pix), which brings automation to one of the country’s most widely used financial rails. In 2024 alone, Pix processed +64 billion transactions. Pix