Monday , January 20, 2025

GiveCard’s Prepaid Role in Guaranteed Income program and other Digital Transactions News briefs from 12/20/24

  • The city of El Monte, Calif., has extended its agreement with GiveCard, a prepaid debit card platform, to manage the city’s Guaranteed Income pilot program, which embraces 125 low-income participants.
  • Togetherwork, a payments provider specializing in pet-care businesses, has acquired Petexec, a software provider for the same market. Terms were not announced.
  • The fintech Aghanim launched Instant Payouts, a platform for immediate payments to mobile-game developers.
  • Justt, a provider of chargeback management based on artificial intelligence, has closed on a $30-million Series C funding round led by Zeev Ventures. The round brings Justt’s total funding to $100 million.
  • Alchemy Pay, a gateway for cryptocurrency transactions, has registered under the Ramp Provider Program at Visa Inc. The program sets rules for third-party agents to facilitate fiat-to-crypto conversions.

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