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- Visa Inc. rolled out its buy now, pay later application programming interface technology to allow merchants to integrate the BNPL functionality more quickly. Visa is working with payments provider i2c in the rollout.
- In related news, buy now, pay later specialist Klarna AB announced it has launched in Poland with H&M, a Sweden-based clothing retailer with more than 5,000 stores in 74 countries. Klarna claims 90 million users around the world, including 15 million in the United States.
- Payments provider myPOS launched myPOS Online, a service allowing merchants to launch an e-commerce store. The store setup is free, but merchants pay whenever they make a sale.
- Payments provider Sightline Payments completed a $244-million funding round that valued the company at more than $1 billion, catapulting the company into the ranks of the so-called unicorns—privately held companies with valuations of $1 billion or more.
- Payments provider Nuvei Corp. has agreed to process transactions for SportsBetting.com, a brand of casino operator Carousel Group.
- Earned-wage access provider CloudPay said it has raised $58 million in a funding round led by The Olayan Group.
- Broxel, a card-issuing fintech specializing in business-to-business payments, announced it will migrate all of its platforms to Google Cloud as part of a three-year agreement.
- Unioil Petroleum Philippines has chosen U.S. payments-technology provider P97 Networks to upgrade Unioil’s mobile app to integrate with point of sale and fuel pumps, loyalty cards, and other functions.
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