{"id":4990,"date":"2020-09-23T20:47:45","date_gmt":"2020-09-23T20:47:45","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=4990"},"modified":"2023-02-13T09:29:22","modified_gmt":"2023-02-13T16:29:22","slug":"pf-nuveis-ipo-is-largest-tech-offering-on-toronto-stock-exchange-cards-overtake-cash-in-germany-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/archive\/pf-nuveis-ipo-is-largest-tech-offering-on-toronto-stock-exchange-cards-overtake-cash-in-germany-news-roundup\/","title":{"rendered":"PF Nuvei\u2019s IPO Is Largest Tech Offering on Toronto Stock Exchange; Cards Overtake Cash in Germany: News Roundup"},"content":{"rendered":"\n

PaymentFacilitator\u2019s News Roundup is a curated mix of the past week\u2019s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.<\/strong><\/p>\n\n\n\n

Down to Business<\/strong><\/h4>\n\n\n\n

Montreal-based PF Nuvei surged more than 30% during its debut on the Toronto Stock Exchange.<\/strong> The company\u2019s IPO was the largest-ever tech company offering on the exchange, the company said, raising $700 million. Nuvei provides payments for retail, travel, gaming, and other industries, and has benefitted from the shift to online spending over the past few months. From Bloomberg<\/a>.<\/p>\n\n\n\n

Discipline and frugality are embedded in the company culture at PF Checkout.com.<\/strong> This is according to the company\u2019s founder and CEO Guillaume Pousaz in an interview at TechCrunch Disrupt. He told the publication that Checkout.com has a different business philosophy and approach to the market than companies like Stripe and Adyen. It has chosen to focus on big merchants, stay lean, and grow slowly. From TechCrunch<\/a>.<\/p>\n\n\n\n

Digital Download<\/strong><\/h4>\n\n\n\n

The coronavirus pandemic has pushed digital payments usage ahead of cash in Germany for the first time.<\/strong> According to a study from Euromonitor International, card payments are expected to increase by 28% between 2019 and 2025. The German government helped speed the shift by doubling the transaction limit for contactless payments. From The Local.<\/p>\n\n\n\n

The State Bank of India has introduced a partnership with Google to allow its SBI Card users to make card payments using the Google Pay app.<\/strong> Consumers will be able to use their cards for three types of contact-free transactions: tapping their phones at NFC-enabled POS terminals, scanning Bharat QR codes, and paying online. From Livemint<\/a>.<\/p>\n\n\n\n

Industry News<\/strong><\/h4>\n\n\n\n

SpotOn: SpotOn Raises $60 Million in Series C Funding Led by DST Global<\/p>\n\n\n\n

MRI Software: MRI Software Completes Acquisition of RentPayment™ Business from Priority Technology Holdings, Inc.<\/p>\n\n\n\n

Behalf: Priority and Behalf Announce Collaboration to Deliver Flexible Cash Flow Solutions <\/p>\n\n\n\n

Worldline: Worldline and Unwire Join Forces to Transform the Way We Use Public Transport<\/a><\/p>\n\n\n\n

Shopify: Shopify Announces Closing of Underwriters\u2019 Over-Allotment Option in Connection with Offering of Class A Subordinate Voting Shares<\/a><\/p>\n\n\n\n

Flywire: Flywire and Mastercard Team Up to Simplify Cross-Border Tuition Payments<\/a><\/p>\n\n\n\n

Affirm: Affirm Raises $500M Series G Round<\/p>\n\n\n\n

Paya: Paya Announces Strategic Acquisition of The Payment Group<\/a><\/p>\n\n\n\n

Modernizing Medicine: Modernizing Medicine Selects Adyen to Incorporate Payments into Healthcare Platform<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

PaymentFacilitator\u2019s News Roundup is a curated mix of the past week\u2019s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.<\/p>\n","protected":false},"author":7,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","_FSMCFIC_featured_image_caption":"","_FSMCFIC_featured_image_nocaption":"","_FSMCFIC_featured_image_hide":"","footnotes":""},"categories":[1015],"tags":[145,167,229,430,646,793,846],"class_list":["post-4990","post","type-post","status-publish","format-standard","hentry","category-archive","tag-cashless-payments","tag-checkout-com","tag-digital-payments","tag-ipo","tag-payment-facilitators","tag-shopify","tag-stripe"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4990","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/comments?post=4990"}],"version-history":[{"count":6,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4990\/revisions"}],"predecessor-version":[{"id":9132,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/4990\/revisions\/9132"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=4990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=4990"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=4990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}