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Tracxn – Analyst Notes # 1260 – Payments

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Analyst Picks

  • Decta (2015, London) – Merchant acquiring and payment processing solutions
    Market: Payments > Enablers > Modular Platform > For Payment Institutions

Funding Rounds

Series B, $30M
Bitpay (2011, Atlanta, $62.5M) – Bitcoin payment Gateway

Investors: Aquiline Capital Partners

Post IPO, $19.8M
USA Technologies (1992, Malvern) – Cashless payment technology

Series A, $7.2M
HealthiPASS (2013, Lombard, $7.2M) – Healthcare billing management

Investors: FCA Venture Partners, OCA Ventures, Healthy Ventures, HealthX Ventures, Waterline Ventures

Series A, $6M
PayStand (2013, Scotts Valley, $7M) – Payment processing services for bitcoin, e-checks and credit cards

Investors: BlueRun Ventures, Cervin Ventures, Serra Ventures, Capital for Founders, The Indus Entrepreneurs

Seed, $1.1M
ProcessOut (2014, Paris, $1.1M) – Multiple payment gateway provider.

Series A, $714K
i-Pay (2014, Johannesburg, $1.7M) – EFT payment service provider

Investors: Kalon Venture Partners

M&A

  • Chase closes WePay acquisition, a deal valued up to $400M TechCrunch
  • First Data Completes Acquisition of BluePay Business Wire
  • Ingenico Group Expands Its Footprint In Asia With The Acquisition Of AirlinkGlobeNewswire
  • INGENICO GROUP announces the closing of Bambora’s acquisition GlobeNewswire
  • Direct Pay Online Group Acquires South Africa’s Top Online EFT Solution Provider, Setcom Techweez
  • Banks launch €2.36bn sell down of Nets buyout loan PE Hub
  • JP Morgan Chase Provides $37.5MM to Fintech USA Technologies Asset based lending
  • KESM Transaction Solutions Inc. Files Early Warning Report CNW
  • Go-Jek said to have acquired majority stake in payments firm Kartuku Deal Street Asia
  • Mobile Game Publisher, GameMine, Acquires Anti-Mobile Billing Fraud Technology Company, BlockFraud PR Newswire

IPO

  • Adyen executive says currently no plans for 2018 IPO Reuters

New Product Announcement

  • Amex launches blockchain-based business payments using Ripple Reuters
  • Mastercard Launches Kionect for Nairobi’s Smallest Shopkeepers Business Wire
  • eftpos launches new service for faster disputed transaction resolution iTWire
  • UnionPay QR code payments will be available to Singapore customers this year PR Newswire
  • Vend introduces artificial intelligence partner to help smaller retailers Bdaily
  • BillDesk-backed Coinome launches first cryptocurrency exchange platform in IndiaEntrackr
  • Nets Group launches JCB’s J/Speedy NFC mobile technology first in Europe ACN Newswire
  • PayPal takes on crowdfunding with Money Pools, where groups chip in to lift income and buy things ukstar.org
  • Adyen Launches WeChat Pay On Point-Of-Sale Terminals To Process Payments For 400M Chinese Consumers Medianet
  • Payza Members Can Now Buy Altcoins Within Their Accounts PR Newswire
  • Launch of FIS Code Connect Puts FIS Clients at Forefront of Open API InnovationPressReleasePoint
  • Visa Launches First Phase of Blockchain B2B Payments CoinDesk
  • PayPal launches Money Pools service Tamebay
  • American Express unveils Amex Advance platform Verdict
  • Coinbase launches deposit service for institutional investors CoinFox
  • Vocalink Powers Real-Time Payments Service in the U.S. Business Wire
  • Wirecard : With the digital boon credit card by Wirecard, all iOS users can now shop online 4-Traders
  • Mogo Launches MogoProtect to Help Protect Canadians Against Identity Fraud CNW
  • Rego Payment Architectures, Inc. Announces New And Improved Website PR Newswire

New Geo Entry

  • UnionPay launches offline card acceptance business in New Zealand Verdict

Business Partnership

  • Acorns Integrated into the PayPal Experience To Help Anyone Grow Wealth PR Newswire
  • Marriott signs co-brand credit card deal with JPMorgan, AmEx Reuters
  • Wirecard, Capital Float join hands to offer small retailers quick customised loans Indiatimes
  • Veridium Brings Biometric Security to Unbanked Populations Through Zero-Fee Financial Services from Wala Business Wire
  • Token and Envestnet | Yodlee Announce Strategic Open Banking Partnership PR Newswire
  • First Data and AccorHotels Form Strategic Relationship Business Wire
  • PayPal and Synchrony Financial Announce Expanded Strategic Credit RelationshipCitybizlist

Company Announcement

New Feature Release

  • iOS update introduces Apple Pay Cash, texting turns 25 CNET
  • Sellers can now invoice buyers through PayPal’s new chat extension for MessengerTechCrunch
 

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