Tag: funding

PFs RunSignup and PayMongo Secure Fresh Funding

Despite the current economic uncertainty, payment facilitators are still attracting a lot of interest from investors.

How the Payment Facilitator Model Is Designed to Protect Merchants

For years, small merchants were underserved by the payments system. In recent years, more and more types of providers have arisen to bridge this gap.
But not all options are created equal when it comes to protecting merchants and the payments system overall. And this can have important implications for the businesses served.

Fintech Responds to COVID-19; UPI Growth Slows in India: 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.

Payment Facilitator Toast Raises $400 Million, Valued at $4.9 Billion

Restaurant management platform Toast announced this week that it has raised $400 million in a Series F round of funding, placing its latest valuation at $4.9 billion.

Very Good Security Raises $35 Million to Support “Zero Data” Approach

Data security company Very Good Security announced recently that it has raised $35 million in a series B funding round.

MINDBODY Invests in Fitt Wellness Platform

Further raising its profile within the global health and wellness space, MINDBODY has made a strategic investment in Fitt, a location-based healthy living platform that helps users find nearby fitness studios, restaurants, outdoor adventures, and events.

Building the Next Amazing Marketplace? Your Top Five Payment API Must-Haves

If you’re familiar with payment facilitation, chances are that you’re already savvy about payments. As a payment facilitator, you become a “mini-acquirer,” managing your own community of merchants.

Payment facilitation can be critical to enabling new business models, but for developers it can present gnarly technical challenges. The top five “must-haves” for payment facilitator APIs are described below.