Business

Nuvei Launches Digital Asset Off-Ramping via Mastercard Cards Across Europe

In a groundbreaking move for the fintech sector, Nuvei, a global leader in payment technology, has announced the launch of a new digital asset off-ramping service that allows users to convert cryptocurrencies into fiat currency using Mastercard cards across Europe. This innovative solution aims to simplify the process of accessing traditional financial systems for crypto holders, thereby enhancing the integration of digital assets into everyday transactions.

Aplazo Secures $70 Million in Series B Funding to Expand BNPL Services in Mexico

Aplazo, a leading buy now, pay later (BNPL) fintech platform in Mexico, has successfully raised $70 million in a Series B funding round. This significant investment will enable the company to enhance its service offerings, expand its market presence, and further solidify its position as a key player in the burgeoning BNPL sector in Latin America.

G7 and Alipay Partner to Enhance Payment Accessibility for Visitors in France

In a significant development for the travel and fintech sectors, G7, a leading provider of taxi services in France, has announced a strategic partnership with Alipay, a major global mobile payment platform. This collaboration aims to streamline payment processes for international visitors, making it easier for them to utilize taxi services while exploring France.

Klarna's Network Surpasses 600,000 Merchants as Traffic to Partner Sites Soars

Klarna, a global leader in buy now, pay later (BNPL) solutions, has announced that its merchant network has now surpassed 600,000 partners, reflecting the company's robust growth and increasing demand for flexible payment options. This expansion comes at a time when online shopping continues to surge, and consumers are seeking more convenient and accessible ways to manage their purchases.

Banks Enter the Buy Now, Pay Later Arena with Debit-Based Installments

In a notable shift in the financial landscape, traditional banks are stepping into the Buy Now, Pay Later (BNPL) market by offering debit-based installment payment options. This strategic move aims to capture a growing segment of consumers who prefer flexible payment solutions while maintaining responsible spending practices.

Mercury Secures $100 Million Credit Warehouse to Expand Corporate Card Business