Payments
Updates on payments companies, service providers, and banking solutions.
Portrait Bank receives Florida banking charter ahead of September opening
Portrait Bank has received a Florida banking charter, paving the way for a September launch as Central Florida’s first new community bank in years.
By Simon Mugo
SQRIL expands stablecoin QR payment network into Central Asia
SQRIL has expanded its stablecoin QR payment network into Central Asia, adding support for Uzbekistan, Kazakhstan and Kyrgyzstan.
By Simon Mugo
Wise grows revenue 19% as customer balances climb to $39 billion
Wise reported 19% revenue growth in FY2026 as customer balances reached $39 billion and cross-border payment volumes climbed to $243.5 billion.
By Simon Mugo
StablecoinX debuts on Nasdaq following SPAC merger with TLGY
StablecoinX has begun trading on Nasdaq after completing its SPAC merger, giving public market investors exposure to the Ethena stablecoin ecosystem.
By Simon Mugo
Robinhood plans $2 billion convertible note offering with $300 million earmarked for buybacks
Robinhood said it intends to offer $2.0 billion of convertible senior notes due 2029. It will use the proceeds to repurchase shares, fund calls, and acquisitions.
By Simon Mugo
Monevium enters special administration under FCA supervision
FCA-authorised payments firm Monevium Ltd entered special administration last Thursday after a prolonged period of non-trading left it unable to repay customers.
By Simon Mugo
Match2Pay Recognized as “Best Crypto Payment Solution” at iFX International 2026
Match2Pay won the best crypto payment solution at iFX International 2026. The award comes from resolving transaction drop-offs and high processing overhead.
By Simon Mugo
Bitget Wallet expands payments beyond stablecoins to 40-plus tokens
Bitget wallet now lets users spend ecosystem tokens and regional stablecoins via top-ups and QR payments across over 50 markets, with plans for more assets.
By Simon Mugo
Multitude expands Placet Group ties with €16 million Nordecum facility
Frankfurt-listed Multitude AG has extended a €16m financing facility to Lithuanian consumer lender UAB Nordecum, deepening its relationship with Placet Group.
By Simon Mugo
XTransfer lands second straight spot on FXC Intelligence’s cross-border payments top 100
XTransfer tied the ranking to a string of 2026 milestones, including a Malaysia licence, Latin America settlement launch, and MOUs with BBVA and Societe Generale.
By Simon Mugo
Fiserv names Takis Georgakopoulos CEO as Mike Lyons exits for Truist
Fiserv, the Milwaukee-based payments technology company, elevated its merchant-solutions head to the top job and reaffirmed its 2026 outlook on the same day.
By Simon Mugo
Fusion Markets moves to 24/7 payments, reports 45-minute median withdrawals
Aussie broker Fusion Markets has switched its global payments operation to 24/7 processing, with median withdrawal handling falling to 45 minutes in May 2026.
By Simon Mugo
Paybis says nearly one in four businesses using or planning stablecoins for cross-border payments
Crypto payments provider Paybis released a stablecoin infrastructure report at Money20/20 Europe, showing B2B activity now accounts for almost all its volume.
By Simon Mugo
Checkout.com adds Coinbase-powered stablecoin acceptance for enterprise merchants
Checkout.com just launched the capability for enterprise merchants to accept stablecoin payments while continuing to settle in USD, powered by Coinbase Payment.
By Simon Mugo
OpenFX agrees to acquire Embed for EEA and UK payments licences
OpenFX, a cross-border payments firm, is buying Embed B.V., gaining a De Nederlandsche Bank payment institution licence and UK FCA permissions, closing in Q3.
By Simon Mugo
Raydium tops $1T in cumulative volume as RAY lands on Robinhood and Revolut
Raydium, a Solana-based decentralized exchange, says it has crossed $1trillion in trading volume and is RAY token has been listed on both Robinhood and Revolut.
By Simon Mugo
Bitget Wallet launches PayFi Odyssey on Stellar with $300,000 reward pool
Bitget Wallet just launched a multi-phase payments campaign on the Stellar network targeting everyday crypto spending across Asia, Africa, and Latin America.
By Simon Mugo
UK fintech hiring to rise 14% in 2026 as payments firms outpace neobanks
UK fintech hiring is expected to increase by nearly 14% in 2026, after expanding by 28% in 2025, with payments infrastructure leading the demand.
By Simon Mugo
Bitwise launches Canton ETP on Deutsche Börse Xetra
Bitwise,a crypto asset manager, today launched the Bitwise Canton ETP on Deutsche Börse Xetra. The product tracks the Kaiko CANTO Reference Rate LDNLF.
By Simon Mugo
TransFi appoints Victor Lucena as CEO for Latin America
TransFi, a stablecoin payments infrastructure company, has hired Victor Lucena, a cross-border payments veteran, to lead regional expansion from São Paulo.
By Simon Mugo