News
Square Launches Long-Planned Bank, with Hopes of Expanding Financial Service Access for Small Businesses
Square announced this week that its industrial bank, Square Financial Services, has begun operations.
Read MorePayments Still a Hot Area for Fintech Investors: KPMG
A lack of megamergers resulted in lower total investment in the payments space during 2020, but the number of deals remained high – indicating that the space is still attractive to investors. In fact, the payments sector dominated investment in fintech during the past year.
Read MoreKlarna Valued at $31 Billion; ETA Details Fintech Impact on Financial Inclusion: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreGiveSignup Closes $3.2 Million Funding Round
GiveSignup announced on Wednesday that it had closed its Series A funding round, raising a total of $3.2 million. The event and donation platform for nonprofit organizations was created by payment facilitator RunSignup.
Read MoreAmid Reports It’s Considering IPO, PF Toast Earns Praise from Local Customers
Restaurant industry payment facilitator Toast is contemplating an IPO, according to a report in the Wall Street Journal. An offering could value the company at as much as $20 billion.
Read MoreSquare Study Shows How Sellers Plan to Tackle 2021; NMI Acquires USAePay: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreShopify Reports “Outstanding” Year, Sees Significant Payments Revenue Growth
Like so many companies that provide online and digital solutions for businesses, Shopify saw sharp growth this past year in the number of merchants on its platform. And as the company’s merchant base grew, so did its payments revenue.
Read MoreAnother Investment for Stripe; PayZen Tackles Healthcare Payments: News Roundup
PaymentFacilitator’s News Roundup is a curated mix of the past week’s news and articles from around the web, including company announcements, global payments news, and other coverage and analysis of topics relevant to payment facilitators.
Read MoreSmall Businesses Less Satisfied with Merchant Services Providers; Desire for Better Service is Opening for Vertical PFs
Small businesses are mostly happy with technology that has made accepting payments increasingly easier. But service levels from merchant service providers are leaving more to be desired.
Read MoreShopify Expands Shop Pay to Facebook and Instagram, Streamlining Checkout Experience for Merchants Selling Socially
Shopify is expanding its Shop Pay payment option to Facebook and Instagram.
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