Cryptocurrency platform Bakkt Holdings Inc. reported $9.1 million in revenue for the quarter ended Sept. 30, up 38% year-over-year. The company’s net loss expanded 61% to $28.8 million. Bakkt has recently formed partnerships with Mastercard Inc. to allow banks to issue crypto-linked credit and debit cards and with Fiserv Inc. for a future integration …

Klarna AB said it is extending its Pay in 4 buy now, pay later service to subscriptions, the first time BNPL has been offered to this segment of the economy, according to the company.Payfare Inc., a specialist in instant payouts to gig workers, reported its user count rose 37% in the …

Presto, a provider of payment tablets for the restaurant industry, said it will go public through a merger with Ventoux CCM Acquisition Corp., a special purpose acquisition company. The deal values the combined company at an estimated $1 billion. Presto, whose clients include major brands like Applebee’s and Outback Steakhouse, …

Processor Nuvei Corp. announced it handled $21.6 billion in volume in the third quarter, up 88% year-over-year, with e-commerce accounting for 83% of that total. Revenue grew 96% to $183.9 million. Nuvei completed its initial public offering last month and trades on the Nasdaq.Global business-to-business and business-to-consumer e-commerce volume will hit $6 trillion next year, …

U.S. Bank said it added its Request for Payment services to its U.S. Bank eBill Service, enabling the bank’s commercial clients access to an integrated bill delivery and payment platform. The Request for Payment component enables consumers to choose to have their bills delivered directly to them through the bank’s Web …

Payments company Tidal Commerce said it will acquire Merchant Bancard Processing, a merchant-services company. Terms were not disclosed.Gift card and loyalty provider Factor4 LLC announced an integration with Valor Paytech, a gateway and point-of-sale terminal provider.BNPL provider Zip Co. Ltd. found in its “Holidays Unzipped: 20201 Holiday Spending Report” that nearly 51% of U.S. consumers intend …

Payments provider Lightspeed Commerce Inc. reported revenue for its quarter ended Sept. 30 of $133.2 million, up 193% year over year. The number includes contributions from recent acquisitions, including NuOrder, Vend, Upserve, and ShopKeep.FreedomPay Inc. said restaurant chain Shake Shack will use its Touchless Commerce service at more than 200 locations. This will …

Building on its strategy of expanding beyond peer-to-peer payments, Zelle, the P2P network operated by Early Warning Services LLC, processed $127 billion on 466 million transactions during the third quarter of 2021. Overall, the dollar value of payments sent during the quarter increased 51% from the same period a year …

Payments provider EVO Payments Inc. reported third-quarter revenue of $135 million, a 15.4% increase from the same quarter in 2020. Fifty-nine percent, or $79.4 million, of its revenue came from the Americas and the remainder, $55.6 million, from EVO’s European business. Net income of $7.1 million for the quarter was down 51.4% …

The cloud is transforming payments as part of a trend that offers powerful new advantages for ISVs–if they act fast and line up the right partners. In this comprehensive and incisive webinar, learn how the cloud impacts payments, how integrating payments offers a new competitive advantage and level of control, …