Wise, formerly known as TranserWise, made a London stock market debut this week in a direct listing that valued the company at $11B.

Starting in August, PayPal says it plans to hike transaction fees to 3.49% plus 49 cents for merchants that use its proprietary services, which include PayPal Checkout, Pay with Venmo, PayPal Credit, Pay in 4, PayPal Pay with Rewards, and Checkout with Crypto.

Unbeknownst to many, Georgia-based lawyer Stacey Abrams – yes, that Stacey Abrams – has been a fintech entrepreneur since 2010. Together with Lara O’Connor Hodgson, Abrams co-founded Now, a toolset that automates the process and timing around when businesses get paid.

Unbeknownst to many, Georgia-based lawyer Stacey Abrams – yes, that Stacey Abrams – has been a fintech entrepreneur since 2010.

Two months after filing a patent for fintech offering Hazel by Walmart – an amalgam of products and services that look a lot like a robo-adviser – the retail giant announced a partnership with bill payment fintech PayNearMe and Green Dot Bank in an effort to get customers to pay their bills at its stores.

Square is partnering with Google to offer sellers on its platform greater visibility.

Zip Co, an Australia-based ‘buy now, pay later’ (BNPL) company, is in a race against rivals Klarna and Afterpay to capture as much global market share as quickly as possible.

Card issuing and processing startup Marqeta has filed paperwork with the Securities and Exchange Commission (SEC) to go public, after more than doubling its 2020 year-over-year revenue.

Facebook, which has been spearheading a global digital currency initiative called Diem – formerly known as Libra – is moving its operations from Switzerland to the U.S. in an effort to focus efforts on a U.S. dollar-backed stablecoin.

The Big Issue, a 30-year-old U.K.-based publication that employs homeless street vendors, is incorporating QR code payments to increase sales.

Bill.com, which reports earnings this week, is reportedly on the cusp of acquiring expense-management startup Divvy, which was recently valued at $1.6B.

Card issuing and processing startup Marqeta is reportedly on pace to move forward with a June IPO, making the paperwork public in May.

Banking technology company Fiserv, which owns point-of-sale payment system Clover, entered into a partnership with PayPal to allow QR code payments using PayPal and Venmo apps at business checkouts.

Southwest Airlines has struck a partnership with ‘buy now, pay later’ (BNPL) provider Uplift, a company that focuses on point-of-sale financing for travel.

As consumers get more comfortable with cashless payment methods as the pandemic enters its second year, Amazon is launching a new biometric payment method called Amazon One at Seattle Whole Foods stores.