Digital Transactions Authoritative, insightful and timely information for payments professionals
- Mobile point-of-sale provider FreedomPay said it has signed Sephora USA, a retail chain offering beauty products at more than 500 stores.
- The total value of consumer credit card rewards globally will rise 15% to $108 billion by 2026 from $92 billion this year, fueled by increasing adoption of cobranded cards issued by merchants, according to Juniper Research.
- Ramp, a 3-year-old fintech that issues corporate cards, announced a $750-million funding round led by Founders Fund. The round values the company at $8.1 billion.
- Helcim Inc., a payments provider specializing in small businesses, announced a Series A funding round led by Venture Partners and Aquiline Technology Growth. Details were not announced.
- KYN Capital Group unveiled it Koinfold debit card, with sign-ups starting next month. The card, announced in June, taps a user’s account at KYN Capital and is expected to offer crypto rewards.
- U.S.-based personal-identity platform Jumio Corp. said it has expanded its operations in the Middle East, Turkey, and North Africa region.
Related Articles
Check Also
Capchase Teams Up With Stripe to Offer B2B BNPL In The U.S.
Capchase, a financing platform that funds software-as-a-service companies based on future recurring revenue, announced early Wednesday …