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Andreessen Partner Predicts More Libra-Type Crypto Efforts

PYMNTS

Mint’s decision to phase out production of pennies next year, a partner at Andreessen Horowitz, a California-based venture capital firm, said money will be digital by 2030, Bloomberg News reported. Haun was questioned about why there are few venture capital companies investing in the space and if it will change.

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Citi On Simplifying Cross-Border Payments

PYMNTS

In the always-on, 24/7/365 economy, payments that circle the globe should conceivably be as simple as those made in a peer-to-peer (P2P) transaction. Well, cross-border payments are fraught with friction, especially when it comes to business-to-business, or B2B. The reality? The Challenges of Cross-Border .

Payments 128
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Saudi Startup Lendo Helps SMBs With Invoices

PYMNTS

Late payments and lack of working capital, [and]/or inadequate cash flows, are the main challenges that [SMBs] face. Lendo is backed by three venture capital firms in the Middle East, as well as a group of angel investors in the area. The startup was founded by Osama AlRaee and Mohammed Jawabri. .

Capital 131
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Stripe Reaches $35B Valuation With Latest Funding Round

PYMNTS

The firm also wants to expand its product stack, which includes the Global Payments and Treasury Network (GPTN) and services like Connect, Billing, Terminal and Radar. We’re investing now to build the infrastructure that’ll power internet commerce in 2030 and beyond.

America 182
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Tink Gets Investment From PayPal To Expand

PYMNTS

million in a round that included Insight Venture Partners and the venture capital arms of banks Nordea and ABN Amro Group NV. which is expected to double by 2030. “As Reuters , citing the companies, reported proceeds from the investment will be used for Tink to expand its team, develop new products and connect more banks.

NV 128
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Finastra research points to open finance progress

Bobsguide

Explore the latest trends in lending, payments, universal banking (digital, retail and commercial banking), treasury and capital markets, and Finastra’s broader commitments, including: Open technology: Collaborating to innovate. Open culture: Building a path for success through diversity, equity and inclusion.

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Yapily Raises $5.4M To Connect UK FinTechs To Banks

PYMNTS

It provides an easy way to access customers finaincal data and iniaitiate payments via one secure API. Yapily’s customer base includes payment companies, cryptocurrency providers, digital wealth applications and eCommerce companies. The capital raise on the part of Yapily comes at the same time that its U.S.

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