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INVESTMENTS
Kasta | February 21, 2022
Kasta and Ralph Boschung announced bringing the brand to formula racing as part of the company's scaleup strategy. Kasta is the next-generation Peer-to-peer (P2P) payment platform, and Ralph is a member of the Campos Racing team and winner of the GP3 Series. In addition, Ralph is a big supporter of crypto adoption and an early believer in the Kasta team. Kasta is building an app for users to make it easier for users to make crypto payments in their daily lives. The application...
CORE BANKING
Bank of America | October 17, 2022
Bank of America's innovative online payment solution, Pay by Bank, is now available for euro currency payments. Delivered in conjunction with Banked Ltd., this development follows the UK launch of Pay by Bank in February this year and allows customers of e-commerce companies to pay directly from their bank account. This expansion illustrates how Bank of America is focused on delivering relevant C2B tools to help give its clients a competitive edge. "Pay by B...
Reuters | April 10, 2020
U.S. President Donald Trump said on Friday the funding measure to help small business should be approved by Congress with no additions, as a partisan skirmish in the U.S. Senate cut short a Republican effort to speed $250 billion in new assistance. Republicans sought quick Senate passage of a small-business measure sought by Trump’s administration on Thursday but ran into opposition from Democrats who wanted to add provisions such as funds for hospitals, local governments and food assistan...
PAYMENTS
Global Processing Services | October 14, 2021
Global Processing Services (“GPS”), the leading global payment technology platform, today announced it has raised over US$300 million from Advent International (“Advent”) and Viking Global Investors (“Viking”), who will co-control the company. The investment by Advent will be funded through Advent Tech and Sunley House Capital, an affiliate of Advent. GPS’ API-first payment technology platform enables innovative card programmes for the wor...
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