All articles by Vidhya Edwards Munnangi

Vidhya Edwards Munnangi

MoonPay rolls out new feature for automating crypto purchases 

This feature enables users to build their portfolios over time without the need for manual transactions. 

Payments platform Stripe axes 300 jobs 

The company still intends to grow its workforce by 10,000 employees by the end of the year, a 17% increase.  

Highnote raises $90m in Series B funding 

The company also launched its acquiring solution, expanded unified payments platform to add pay-in and pay-out functionalities. 

Payment firm MoneyHash gets $5.2m in pre-A funding 

The capital infusion will be utilised to accelerate MoneyHash’s penetration in the MEA region.  

India’s Skydo gets nod to operate as cross-border payment aggregator 

The company plans to broaden its operations, expanding into areas such as credit, tax compliance, and treasury services. 

Worldline ties up with Wix to enhance online experience for SMEs 

The collaboration marks the first phase of an initiative to be implemented across various countries in Europe and Asia Pacific. 

Nuvei unveils omnichannel payment solution for UK gaming sector 

The solution will allow gaming operators to manage all payment channels via a single API.  

Stablecoin payments network 1Money garners $20m funding  

The funding round saw contributions from F-Prime Capital, Galaxy Ventures, Hack VC, Tribe Capital, and Portage.  

Block fined over weak Cash App security controls  

According to CFPB, Block’s security protocols for Cash App were insufficient, exposing users to potential fraud.  

Trade associations sue US CFPB over payment supervision  

The trade groups argue that Congress did not empower CFPB to supervise large non-banks offering consumer financial services.