Newswire Summaries
Zycus launches Zycus Pay in partnership with TransferMate
Wednesday, September 24, 2025 18:30:39 (UTC)
PRINCETON, N.J., Sept. 18, 2025 /PRNewswire/ -- Zycus, the pioneer in Agentic AI powered Source-to-Pay (S2P) solutions today announced the launch of Zycus Pay, a new payment solution powered by TransferMate, the world's leading provider of embedded B2B payments infrastructure as a service (IaaS). Zycus Pay enables clients to seamlessly execute and manage B2B payments directly within the Zycus platform. Zycus Pay allows customers to pay suppliers in more than 140 currencies across 200+ countri...
Bitget rallies 1,000+ next-gen talent at HKUST to shape future of Web3
Wednesday, September 24, 2025 18:29:22 (UTC)
VICTORIA, Seychelles, Sept. 24, 2025 /PRNewswire/ -- Bitget, the world's largest Universal Exchange (UEX), successfully hosted the Web3 Diversity Career Session at the Hong Kong University of Science and Technology (HKUST) on September 20. The event, part of the Blockchain4Her "Lady Forward" initiative, attracted over 1,000 students, 90% of whom were attending their first Web3-focused event. Bitget Rallies Over 1,000 Next-Gen Talent at HKUST to Shape the Future of Web3 Bitget Rallies Over 1,...
PayPal team up for U.S. BNPL receivables with funds managed by Blue Owl Capital
Wednesday, September 24, 2025 18:27:44 (UTC)
SAN JOSE, Calif., Sept. 24, 2025 /PRNewswire/ -- PayPal Holdings, Inc. (NASDAQ: PYPL) and Blue Owl Capital (NYSE: OWL), a leading alternative asset manager, today announced the execution of a two-year agreement under which funds managed by Blue Owl will purchase approximately $7 billion of buy now, pay later (BNPL) receivables originated by PayPal in the U.S. PayPal will remain responsible for all customer-facing activities, including underwriting and servicing, associated with its U.S. Pay in 4...
UnionPay, Bank of China Frankfurt launch SplendorPlus debit card in Germany
Wednesday, September 24, 2025 18:25:20 (UTC)
FRANKFURT, Germany, Sept. 24, 2025 /PRNewswire/ -- UnionPay International ("UPI" or "the Company") and Bank of China Frankfurt Branch announced the launch of the SplendorPlus Debit Card, marking its first issuance in Europe. Tailored to serve local residents in Germany to travel to China, the card caters to the surge in travel to China, offering a cost-effective and convenient cross-border payment solution for seamless transactions during their trips. This initiative also reinforces cross-border...
9Spokes powers Smartpay with SMB financial and customer insights platform
Wednesday, September 24, 2025 18:23:39 (UTC)
AUCKLAND, New Zealand, Sept. 24, 2025 /PRNewswire/ -- 9Spokes, a global data platform, has integrated its SMB Financial Hub and Insights platform, featuring the Merchant Board, with Smartpay (NZX: SPY, ASX: SMP), a leading independent provider of payment processing and terminal solutions in Australia and New Zealand. This integration is a decisive step towards empowering Smartpay's SMB customers. It will provide seamless access to transactional data, enhanced financial visibility, and actiona...
Tipalti secures $200M in growth financing to drive AI innovation in finance
Wednesday, September 24, 2025 17:05:43 (UTC)
FOSTER CITY, Calif., Sept. 24, 2025 /PRNewswire/ -- Tipalti, the AI-powered platform for finance automation, today announced it has secured $200 million in growth financing from long-time partner Hercules Capital, Inc. (NYSE: HTGC). The financing will fuel Tipalti's continued investment in artificial intelligence (AI) and product innovation, as well as support its global growth. Building on its recent acquisition of AI-native treasury automation startup Statement, Tipalti has introduced the n...
1st Commercial Credit funds Brazilian produce exporter using Vendor Pay Express
Wednesday, September 24, 2025 17:03:46 (UTC)
AUSTIN, Texas, Sept. 24, 2025 /PRNewswire/ -- 1st Commercial Credit, a leading provider of receivables-based financing solutions, has announced the successful funding of a Brazilian produce exporter supplying fresh fruit and vegetables to U.S. buyers. The transaction was facilitated through 1st Commercial Credit's Vendor Pay Express platform, an innovative early-payment solution designed to accelerate supplier payments while preserving standard invoice terms for buyers. Solving Cross-Border C...
ShopBack names fintech veteran Carolina Paradas as U.S. General Manager
Wednesday, September 24, 2025 17:01:26 (UTC)
AUSTIN, Texas, Sept. 24, 2025 /PRNewswire/ -- ShopBack, Asia-Pacific's leading shopping and rewards platform with over 55 million users across 13 markets, today announced the appointment of Carolina Paradas as General Manager of North America. The strategic hire comes as ShopBack achieves its third consecutive quarter of adjusted EBITDA profitability, a milestone that underscores the strength, scale, and stability of its business as the platform accelerates its growth in the U.S. This positions ...
Visa's tech stack powers BUUT's bold new card for Gen Z
Wednesday, September 24, 2025 17:00:03 (UTC)
AMSTERDAM, Sept. 24, 2025 /PRNewswire/ -- Visa and Pismo have teamed up with ABN AMRO to power BUUT's challenger card targeted at Gen Z consumers. BUUT's debit card was created in just 10 weeks using Pismo's cloud-native platform, demonstrating how traditional financial institutions can move at fintech speed when powered by the right technology partner. While BUUT led the proposition with deep customer insight and regulatory expertise, Pismo's cloud native platform enabled the rapid build of ...
Pix via EBANX helps Hotmart see a 32-percentage-point boost in retention
Wednesday, September 24, 2025 16:56:13 (UTC)
BELO HORIZONTE AND CURITIBA, BRAZIL – September 24, 2025 – Hotmart, a global technology company and leader in digital business in the Creator Economy, announced strong performance results following the adoption of Pix Automático, Brazil’s new recurring feature within the real-time payment system Pix. Integrated through EBANX, a global fintech specializing in payments for emerging markets, Pix Automático has been live on the Hotmart platform since June 16, the first day of the feature’s...