{"id":5131,"date":"2021-03-31T18:05:43","date_gmt":"2021-03-31T18:05:43","guid":{"rendered":"https:\/\/www.paymentfacilitator.com\/?p=5131"},"modified":"2022-08-09T11:28:50","modified_gmt":"2022-08-09T17:28:50","slug":"phreesia-reports-increased-revenue-runsignup-seeing-growth-after-challenging-year-news-roundup","status":"publish","type":"post","link":"http:\/\/infinicept.com\/payment-facilitator\/news\/phreesia-reports-increased-revenue-runsignup-seeing-growth-after-challenging-year-news-roundup\/","title":{"rendered":"Phreesia Reports Increased Revenue; RunSignup Seeing Growth After Challenging Year: 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

PF Earnings<\/strong><\/h4>\n\n\n\n

Healthcare PF Phreesia announced a 27% increase in revenue for its fiscal fourth quarter of 2021 and revenue growth of 19% for the whole fiscal year<\/strong>. The company reported that the percentage of its payments volume that was attributable to its payment facilitator business was 81% for the year. This volume is a \u201cmajor driver\u201d of its payments processing volume, it said. “Our team\u2019s strength and resilience throughout a challenging fiscal 2021 supported our clients and helped drive our financial results. We are proud to support the incredible ongoing efforts of healthcare providers across the country while furthering Phreesia’s mission of creating a better, more engaging healthcare experience,” said Phreesia CEO Chaim Indig. From Phreesia<\/a>.<\/p>\n\n\n\n

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

Indian PF Pine Labs is working toward launching an IPO within the next year. <\/strong>The company\u2019s last valuation was $2 billion in December 2020. Sources say it is aiming for a valuation of around $5 billion for its IPO. From The Times of India<\/a>.<\/p>\n\n\n\n

India is becoming the top fintech hub for Asia, according to the leader of the country\u2019s central bank.<\/strong> In a speech last week, Reserve Bank of India Governor Shaktikanta Das noted that, in India\u2019s increasingly digital environment, it was important for banks to work with fintech companies rather than viewing them as competitors. From Yahoo! News<\/a>.<\/p>\n\n\n\n

Race to Recovery<\/strong><\/h4>\n\n\n\n

PF GiveSignup | RunSignup reported that the company is growing, following a challenging year for endurance events and nonprofits, the industries it serves. <\/strong>New events on its platforms are outpacing new events from the same time period in 2019, and new payment accounts are being created at a higher rate. \u201cIt\u2019s exciting to see recovery come even faster than we anticipated, and we expect to see more growth as our older previous customers return, join the new events and nonprofits we picked up in 2020,\u201d CEO Bob Bickel said. From GiveSignup | RunSignup<\/a>. <\/p>\n\n\n\n

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

Blackbaud: Blackbaud Grantmaking™ is Now Available in a Powerful New User Interface<\/p>\n\n\n\n

PayPal: PayPal Launches “Checkout with Crypto”<\/a><\/p>\n\n\n\n

USA Technologies: USA Technologies Launches eCommerce Integration for OCS and Delivery Services<\/p>\n\n\n\n

Paysafe: Paysafe Completes Business Combination with Foley Trasimene Acquisition Corp. II<\/a><\/p>\n\n\n\n

Stripe: GoFundMe Partners with Stripe to Power Enhanced Fundraising Experiences in North America<\/a><\/p>\n\n\n\n

PPRO: PPRO Announces Strategic Investment from JPMorgan Chase & Co., Bringing Total Round to $270 Million<\/a><\/p>\n\n\n\n

ETA: Third Edition of ETA Payment Facilitator Guidelines Demonstrates Commitment to Fighting Fraud<\/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":[1014],"tags":[],"class_list":["post-5131","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5131","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=5131"}],"version-history":[{"count":3,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5131\/revisions"}],"predecessor-version":[{"id":8871,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/posts\/5131\/revisions\/8871"}],"wp:attachment":[{"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/media?parent=5131"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/categories?post=5131"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/infinicept.com\/payment-facilitator\/wp-json\/wp\/v2\/tags?post=5131"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}