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Affirm Card GMV +115% as It Teams Up With Costco

Affirm Card GMV +115% as It Teams Up With Costco

Hey Payments Fanatic! Affirm closed its fiscal third quarter with numbers that show a business stretching across more corners of consumer spending. The company’s Gross Merchandise Value (GMV) climbed 36% YoY to $8.6 billion, with 1.8 million new consumers transacting on the platform. Its Affirm Card stood

Klarna’s IPO Pushed to Fall as Human Touch Returns

Klarna’s IPO Pushed to Fall as Human Touch Returns

Hey Payments Fanatic! It was meant to be Klarna’s big moment this spring, a long-awaited listing on the New York Stock Exchange. The plans were in place, and the timing looked right. But once again, the Swedish fintech has decided to wait. According to Dagens Industri, the IPO is

Corpay and TPG to Acquire AvidXchange for $2.2B

Corpay and TPG to Acquire AvidXchange for $2.2B

Hey Payments Fanatic! Corpay and TPG have agreed to acquire AvidXchange for $2.2 billion, valuing shares at $10 and taking the company private. AvidXchange, known for its accounts payable automation software, serves over 8,500 middle-market businesses and has supported corporate payment processing for 25 years. In FinTech, this

Tabby Eyes IPO in 12–18 Months, But Market Conditions Hold the Key

Tabby Eyes IPO in 12–18 Months, But Market Conditions Hold the Key

Hey Payments Fanatic! UAE-born, Riyadh-based BNPL giant Tabby is gearing up for a public listing that could happen as soon as 12 months from now, according to CEO Hosam Arab. While the official IPO window is 12–18 months, Arab notes the faster track depends on whether global markets bounce

PayPal Launches First Contactless Mobile Wallet in Germany, Introducing Flexible In-Store Payments

PayPal Launches First Contactless Mobile Wallet in Germany, Introducing Flexible In-Store Payments

Hey Payments Fanatic! PayPal is rolling out its first-ever contactless mobile wallet in Germany this summer. Through the latest PayPal app, users can tap to pay in-store wherever Mastercard contactless is accepted, blending PayPal’s online power with offline shopping. Another first for Europe, PayPal is launching “Ratenzahlung To Go”

JP Morgan’s Kinexys Gains Ground in MENA Region

JP Morgan’s Kinexys Gains Ground in MENA Region

Hey Payments Fanatic! Eight of the biggest banks in the Middle East and North Africa are now using JP Morgan’s Kinexys Digital Payments platform. This week, Qatar National Bank and Saudi National Bank joined the group, adding to a list that already includes banks like First Abu Dhabi Bank,

Visa Joins Push Toward AI Agent Payments

Visa Joins Push Toward AI Agent Payments

Hey Payments Fanatic! An interesting and decisive shift is unfolding in commerce this week, as payments giants move in the same direction simultaneously. Following the recent agentic payment launches by Mastercard and PayPal, Visa has introduced Intelligent Commerce, a suite of tools that enables AI agents to make secure and