Deals & Funding
Payments deals and funding news: fintech raises, acquisitions, IPOs and partnerships across the payments industry.
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The OCC writes the stablecoin rulebook, GCash lists in Manila, and Western Union moves remittances on-chain
The OCC finalises its GENIUS Act rule for stablecoin issuers, Western Union picks Noah to pay out remittances in its USDPT stablecoin, GCash parent Mynt lists…
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Visa gets a Beijing green light, UPI’s fee waits for Diwali, and stablecoins reach the payout rails
China lets Visa prepare a domestic yuan card-clearing business, India pushes UPI merchant fees past Diwali, Visa and Mastercard put stablecoins into production payouts, and Ramp…
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When the lights go out: Mastercard’s offline mandate, a £700m interchange claim and Canada’s bank-light real-time rail
Mastercard tells Europe every new card must work offline, UK merchants bring a £700m claim over cross-border interchange, Canada’s real-time rail looks set to launch without…
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Stablecoins hit the plumbing: OUSD goes live, Swift’s ledger runs, Australia bans surcharges
In Sibos week, Visa, Mastercard, Stripe and Coinbase launched a shared dollar token, Swift’s ledger ran live tokenised deposits, Lloyds settled with Visa in USDC, and…
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GCash parent Mynt prices IPO at ₱6.60 a share, raising up to ₱60.9 billion
Mynt priced its IPO at ₱6.60 a share, raising up to ₱60.9 billion, which would be the largest in Philippine history. GCASH lists on October 20.
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