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FinTech Payment Firm Nuvei Files IPO In Canada

PYMNTS

and RBC Capital Markets. Founded in 2003, Nuvei said its platform connects the major payment card platforms worldwide, and supports more than 450 payment methods and 150 currencies. By marrying SafeCharge’s market-leading technology and Nuvei’s established distribution channels in the U.S.

Payments 229
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MercadoLibre: The ‘Amazon Of Latin America’ Spreads Its Wings

PYMNTS

Imagine if a North American company had the market share of Amazon, the payment flexibility of PayPal and the credit portfolio of Visa. I would say the most relevant variables across Latin America are banking penetration and credit card penetration,” Gimenez noted. One difference is the use of debit cards online. ”

America 248
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Should Facebook Buy eBay?

PYMNTS

That’s where Reid Hoffman hatched the idea for LinkedIn in 2003 after inviting hundreds of his friends to create online profiles to get his idea for a professional online networking site off the ground. million from Benchmark Capital and changed its name to eBay. It’s also where Airbnb , quite literally, got its start.

Online 128
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Data Dive, Farewells Edition: Apple, Chase, SoFi, Uber

PYMNTS

Stripe rolled out chargeback protection, Apple rolled out its take on sign-in authentication , Mastercard launched an open banking platform and Visa and Western Union paired on a global push to card payments – and those are just the top headlines. Finn accounts will now be changed over to Chase accounts.

Apple 122
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Who’ll Be The ‘Netflix’ Of Payments?

PYMNTS

Blockbuster filed for bankruptcy in 2010 with a market cap of $12 million, down from $4 billion just a decade before in 2002 — the year that Netflix IPO’d. A year and $2 million in seed capital later, Hastings and a partner founded Netflix. DVD player sales doubled from 2000 to 2001 as manufacturers flooded the market with new devices.

Payments 100
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The 134 Fintech Unicorns of the 21st Century (Feb 2021 update)

Fintech Labs Insights

The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Personal Capital. It is the 7th fintech unicorn based in India, and the 4th most valuable.

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The 134 Fintech Unicorns of the 21st Century (Jan 2021 update)

Fintech Labs Insights

The first, Divvy, is a corporate credit card and expense management firm in the same category with Brex, Expensify, and others. The startups is expecting to go public in early 2021 via a SPAC with an estimated market cap of $1.3B. Personal Capital. It is the 7th fintech unicorn based in India, and the 4th most valuable.