Tag: Visa

After a year marred by an antitrust suit, Visa's acquisition of Plaid has officially been called off as the CEO says regulatory reviews threatened consumers' interests.

Everything from rings to smartwatches can be used to make payments these days, but ten companies are spearheading the market's development.

The ubiquitous adoption of smartphones has driven the worldwide adoption of mobile payments, but ten companies have been identified as leading the charge in the multi-trillion dollar sector.

Visa and Mastercard have cut ties with Pornhub after both payment providers investigated allegations of child sexual abuse.

Coinbase has been accused of having created a culture fraught with bullying, racism and discrimination against black people in a new exposé from the New York Times.

London-based Codat has formed a strategic partnership with Visa as the payment giant is gearing up to launch the Visa Fintech Partner Connect programme in Europe.

Visa's $5.3bn acquisition of Plaid was supposed to be one of the biggest FinTech deals this year, but the US Department of Justice seems dead set against it and has filed a suit to stop the deal.

Vivid Money has raised $17.6m in a Series A round led by Ribbit Capital and aimed at boosting the challenger bank's growth.

Visa bought Plaid in January as part of a $5.3bn deal, but now fears about it creating a monopoly situation could make regulators put a stop to the acquisition.

These 33 FinTech funding rounds from last week highlight the rise of Scandi challenger banks, the importance of cybersecurity and how competition in the buy now, pay later space is heating up.