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SumUp Partners with Google Pay to Facilitate Business Payments

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Global payments company SumUp announced this week that it is collaborating with Google Pay. The two have partnered to help merchants make business transactions safer and easier using their SumUp card, which was launched in February of last year.

The partnership will enable SumUp’s 125,000 business cardholders in the U.K., France, Italy, and DACH to add their SumUp payment card to their Google Pay mobile wallet. Google Pay will also support virtual cards, which will allow merchants to make purchases from suppliers without having their physical card. It will also allow new cardholders to start using their SumUp card immediately after it is issued, instead of waiting for the card in the mail.

“At SumUp, we’re always looking to help our merchants find new ways to improve their businesses, particularly as we move out of this pandemic and hopefully towards a more economically positive future,” said SumUp VP of Banking Dimitri Gugunava. “Collaborating with Google Pay is a really important development for us, because it means we can remove layers of friction for small businesses who need to make quick (but safe) payments on the go.”

SumUp was founded in 2012 and helps three million merchants accept card payments using a mobile point-of-sale (mPOS) device and a Mastercard-branded small business payment card. The U.K.-based company also offers small business tools including invoice-creation software, inventory management, customer loyalty features, employee time roll, and reporting technology.

The collaboration announcement comes after SumUp pulled in $895 million in debt funding from Goldman Sachs, Temasek, Bain Capital Credit, Crestline, and others. SumUp Co-founder Marc-Alexander Christ said that the cash will help the company grow its customer base and drive the development of new services for its small business clients across the globe.

Coinciding with today’s news, SumUp released a new TV ad today that promotes the company’s mPOS device for small and micro merchants. Check it out below:


Photo by Oli Dale on Unsplash

Coinsmart. Beste Bitcoin-Börse in Europa
Source: https://finovate.com/sumup-partners-with-google-pay-to-facilitate-business-payments/

Fintech

Novatti grows Ripple partnership, expanding into Thailand

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Novatti Group Limited, a leading Australian fintech that enables businesses to pay and be paid, announces that its partnership with Ripple, a leading provider of enterprise blockchain and crypto solutions for cross-border payments, has now expanded to Thailand and is generating revenue.

Ripple’s global financial network technology, RippleNet, provides its partners with the ability to process cross-border payments instantly, as well as providing access to emerging, high-growth capabilities, such as blockchain and the digital asset, XRP, a top 10 global cryptocurrency currently valued at more than USD$40 billion.1

Novatti and Ripple’s partnership began in December 2020, with an initial focus on targeting cross-border transactions between Australia and the South East Asia region. In April this year, Novatti tapped on RippleNet’s On-Demand Liquidity (ODL) service for remittances between Australia and the Philippines, leveraging XRP for instant, cross-border payments.

With this expansion to Thailand, Novatti has partnered with the first Thai bank, Siam Commercial Bank (SCB), through RippleNet.2 This is expected to result in thousands of transactions a month being processed by Novatti through RippleNet. Revenue from this partnership is dependent on take-up of the services.

Going forward, Novatti and Ripple will continue partnering to launch this innovative service in new markets across South East Asia.

Managing Director of Novatti, Peter Cook, said, “The partnership between Novatti and Ripple continues to go from strength to strength. Within the first year of our partnership, we have successfully launched and generated revenue from new services in two countries in South East Asia alongside leading local partners, such as Siam Commercial Bank.”

“The expansion of the Novatti-Ripple partnership into Thailand again highlights how Novatti can leverage its existing ecosystem to enter new markets. This is a model we will seek to replicate going forward, including in other new markets in South East Asia,” Cook added.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
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Source: https://australianfintech.com.au/novatti-grows-ripple-partnership-expanding-into-thailand/

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Fintech

Novatti grows Ripple partnership, expanding into Thailand

Published

on

Novatti Group Limited, a leading Australian fintech that enables businesses to pay and be paid, announces that its partnership with Ripple, a leading provider of enterprise blockchain and crypto solutions for cross-border payments, has now expanded to Thailand and is generating revenue.

Ripple’s global financial network technology, RippleNet, provides its partners with the ability to process cross-border payments instantly, as well as providing access to emerging, high-growth capabilities, such as blockchain and the digital asset, XRP, a top 10 global cryptocurrency currently valued at more than USD$40 billion.1

Novatti and Ripple’s partnership began in December 2020, with an initial focus on targeting cross-border transactions between Australia and the South East Asia region. In April this year, Novatti tapped on RippleNet’s On-Demand Liquidity (ODL) service for remittances between Australia and the Philippines, leveraging XRP for instant, cross-border payments.

With this expansion to Thailand, Novatti has partnered with the first Thai bank, Siam Commercial Bank (SCB), through RippleNet.2 This is expected to result in thousands of transactions a month being processed by Novatti through RippleNet. Revenue from this partnership is dependent on take-up of the services.

Going forward, Novatti and Ripple will continue partnering to launch this innovative service in new markets across South East Asia.

Managing Director of Novatti, Peter Cook, said, “The partnership between Novatti and Ripple continues to go from strength to strength. Within the first year of our partnership, we have successfully launched and generated revenue from new services in two countries in South East Asia alongside leading local partners, such as Siam Commercial Bank.”

“The expansion of the Novatti-Ripple partnership into Thailand again highlights how Novatti can leverage its existing ecosystem to enter new markets. This is a model we will seek to replicate going forward, including in other new markets in South East Asia,” Cook added.

PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://australianfintech.com.au/novatti-grows-ripple-partnership-expanding-into-thailand/

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Crowdfunding

What to Expect at LendIt Fintech LatAm

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LendIt Fintech LatAm will be a hybrid event, happening at the JW Marriott Marquis in Miami as well as online on December 7-8. The Latin American fintech market has become even hotter this year with record funding rounds for many, if not most, of the leading players. We look forward to bringing the fintech community together to keep the excitement going as well as to learn from each other and drive the industry forward.

The Hybrid Event Explained

We encourage everyone who is interested in Latin American fintech to join us in person in Miami. But we understand that some people are just unable to travel, so we also have a virtual ticket option. Here are some details as to how this will work.

Networking

Networking is a key component of every LendIt event and we have been working hard to make this a great experience for attendees whether attending in person or virtually. For in-person attendees, we will have a networking area on our expo floor with meetings organized via Brella. Virtual attendees will be able to meet each other online just as we have done for our virtual events, again via Brella. And in-person attendees will be able to network with those attending virtually via special tables set up for that purpose.

The popular Women in Fintech Power Hour will be happening again on December 7 from 1pm-2pm. This is a networking event of short spontaneous meetings dedicated to women in Latin American fintech This will only be available to in-person attendees.

After hours is when attendees make the best connections as we unwind in a more relaxed setting. We will have social gatherings happening each evening of the event that will take advantage of the beautiful February weather in Miami.

Expo Floor

The expo floor will be buzzing this year as we are working towards a record number of sponsors and exhibitors who will be there in-person. Attendees will also be able to watch our virtual content in our on-floor theater. And we will have our LendIt Fintech News recording booth where will be conducting executive interviews and startup spotlights.

Content

We are still putting the agenda together but have already confirmed several industry leaders for our keynote stage. Here are some of the big names you can expect to see:

  • Pierpaolo Barbieri – CEO of Ualá
  • David Poritz – Co-CEO of Credijusto
  • Sergio Furio – CEO of Creditas
  • Hernan Kazah – Managing Partner of Kaszek Ventures

The content will also include four deep dive tracks in the afternoons:

  • Digital Banking Drives Fintech Forward
  • Cutting Edge in Fintech
  • New Models for Lending and Financial Inclusion
  • The Payments Revolution

For our virtual ticket holders all content will be available on-demand within 24-48 hours of the event.

Health and Safety Focused

The health and safety of our community is always our number one priority. We will be taking every possible precaution to keep all attendees safe during the event. Also, LendIt Fintech will require proof of vaccination for all event participants. For more details please read our Responsible Together page.

See you in Miami (or online)

The Latin American fintech industry continues to draw attention from around the world. If you are curious about the Latin America market or are already well established there you should join us in December. Early bird pricing is in place through October 8, so register now.


Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech.

LendIt Fintech conducts three conferences a year for the leading fintech markets of the USA, Europe, and Latin America. LendIt also provides cutting-edge content all year long via audio, video, and written channels.

Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.


PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.lendacademy.com/what-to-expect-at-lendit-fintech-latam/

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Crowdfunding

What to Expect at LendIt Fintech LatAm

Published

on

LendIt Fintech LatAm will be a hybrid event, happening at the JW Marriott Marquis in Miami as well as online on December 7-8. The Latin American fintech market has become even hotter this year with record funding rounds for many, if not most, of the leading players. We look forward to bringing the fintech community together to keep the excitement going as well as to learn from each other and drive the industry forward.

The Hybrid Event Explained

We encourage everyone who is interested in Latin American fintech to join us in person in Miami. But we understand that some people are just unable to travel, so we also have a virtual ticket option. Here are some details as to how this will work.

Networking

Networking is a key component of every LendIt event and we have been working hard to make this a great experience for attendees whether attending in person or virtually. For in-person attendees, we will have a networking area on our expo floor with meetings organized via Brella. Virtual attendees will be able to meet each other online just as we have done for our virtual events, again via Brella. And in-person attendees will be able to network with those attending virtually via special tables set up for that purpose.

The popular Women in Fintech Power Hour will be happening again on December 7 from 1pm-2pm. This is a networking event of short spontaneous meetings dedicated to women in Latin American fintech This will only be available to in-person attendees.

After hours is when attendees make the best connections as we unwind in a more relaxed setting. We will have social gatherings happening each evening of the event that will take advantage of the beautiful February weather in Miami.

Expo Floor

The expo floor will be buzzing this year as we are working towards a record number of sponsors and exhibitors who will be there in-person. Attendees will also be able to watch our virtual content in our on-floor theater. And we will have our LendIt Fintech News recording booth where will be conducting executive interviews and startup spotlights.

Content

We are still putting the agenda together but have already confirmed several industry leaders for our keynote stage. Here are some of the big names you can expect to see:

  • Pierpaolo Barbieri – CEO of Ualá
  • David Poritz – Co-CEO of Credijusto
  • Sergio Furio – CEO of Creditas
  • Hernan Kazah – Managing Partner of Kaszek Ventures

The content will also include four deep dive tracks in the afternoons:

  • Digital Banking Drives Fintech Forward
  • Cutting Edge in Fintech
  • New Models for Lending and Financial Inclusion
  • The Payments Revolution

For our virtual ticket holders all content will be available on-demand within 24-48 hours of the event.

Health and Safety Focused

The health and safety of our community is always our number one priority. We will be taking every possible precaution to keep all attendees safe during the event. Also, LendIt Fintech will require proof of vaccination for all event participants. For more details please read our Responsible Together page.

See you in Miami (or online)

The Latin American fintech industry continues to draw attention from around the world. If you are curious about the Latin America market or are already well established there you should join us in December. Early bird pricing is in place through October 8, so register now.


Peter Renton is the chairman and co-founder of LendIt Fintech, the world’s first and largest digital media and events company focused on fintech.

LendIt Fintech conducts three conferences a year for the leading fintech markets of the USA, Europe, and Latin America. LendIt also provides cutting-edge content all year long via audio, video, and written channels.

Peter has been writing about fintech since 2010 and he is the author and creator of the Fintech One-on-One Podcast, the first and longest-running fintech interview series.

Peter has been interviewed by the Wall Street Journal, Bloomberg, The New York Times, CNBC, CNN, Fortune, NPR, Fox Business News, the Financial Times, and dozens of other publications.


PlatoAi. Web3 Reimagined. Data Intelligence Amplified.
Click here to access.

Source: https://www.lendacademy.com/what-to-expect-at-lendit-fintech-latam/

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