Payments Network


Finance

Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars

The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm

U.S. dollar (Unsplash, modified by CoinDesk)

Markets

Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit

The neobank offered the perpetrator 20% of the stolen funds to return the money within 48 hours, threatening legal action otherwise.

Glasses in front of monitors with code (Kevin Ku/Unsplash)

Finance

BCB Group's Chief Compliance Officer to Exit in Latest Senior Management Departure

Natasha Powell is leaving the crypto payments firm. She will continue to support the group as a non-exec director of BCB Payments.

Kraken has hired Natasha Powell as U.K. head of compliance: sources. (BCB Group)

Finance

Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources

The company received a takeover approach from an investor while exploring a Series B funding round.

(engin akyurt/Unsplash)

Finance

Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report

Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.

Bridge (Charlie Green/Unsplash)

Finance

MetaMask Starts Rollout of Blockchain-Based Debit Card Developed With Mastercard, Baanx

The new offering will allow MetaMask users to purchase directly from their self-custodial crypto wallet.

MetaMask debit card (MetaMask)

Finance

Partior, Blockchain Payment Network Backed by JPMorgan and DBS, Raises $60M Series B

The investment was led by Peak XV Partners with contributions from Valor Capital Group and Jump Trading Group.

(Shutterstock)

Finance

Bitcoin Payments App Strike Launches for European Customers

The app, which has been available in the U.S. since 2020, also recently expanded its services to Africa.

Strike CEO Jack Mallers speaking at the Bitcoin 2023 conference in Miami Beach, Florida (Frederick Munawa)

Finance

Solana-Based Stablecoin Remittances Get a Boost with CFX Labs' Fresh $9.5M Fundraise to Expand Globally

Remittances are one of the most compelling use cases for stablecoins, offering fast, non-stop settlements and cheap transactions using blockchains as payment rail.

CFX Labs' payment network, MoveMoney (CFX Labs)

Tech

Shopify Customers Can Now Pay In USDC Via Solana Pay

The payment protocol, built on the Solana blockchain, has been integrated into Shopify.

Shopify customers can now pay in USDC via an integration with Solana Pay, the payment protocol on the Solana blockchain. (Shopify)

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