Payments Network
Mesh becomes unicorn, raises $75 million for crypto payments infrastructure
The investment round was led by Dragonfly Capital and included participation from Paradigm, Moderne Ventures, Coinbase Ventures and SBI Investment.
SWIFT to Develop Blockchain-Based Ledger for 24/7 Cross-Border Payments
SWIFT is working with a group of over 30 financial institutions to build a ledger based on a prototype by Ethereum developers Consensys.
Fireblocks Dives Further Into Stablecoins With Intro of In-House Payments Network
The stablecoin network is designed to provide higher efficiency and lower risk than currently exists when providers use more fragmented and disperse systems.
Ripple Expands Stablecoin Infrastructure Partnership as It Seeks Bank License
The partnership will integrate Ripple's payments network with OpenPayd's fiat rails, supporting Ripple USD (RLUSD).
Shopify to Enable USDC Payments on Coinbase's Base for Merchants Worldwide
The integration is set to roll out on June 12 to a limited group of early access merchants, with wider availability expected later in the year.
Crypto Payments Firm Mesh Raises $82M as Stablecoin Adoption Soars
The fundraising was completed using PayPal's PYUSD stablecoin and was led by Paradigm.
Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit
The neobank offered the perpetrator 20% of the stolen funds to return the money within 48 hours, threatening legal action otherwise.
BCB Group's Chief Compliance Officer to Exit in Latest Senior Management Departure
Natasha Powell is leaving the crypto payments firm. She will continue to support the group as a non-exec director of BCB Payments.
Crypto Payments Firm BCB Group Has Received Takeover Interest: Sources
The company received a takeover approach from an investor while exploring a Series B funding round.
Bridge Fundraising for Stablecoin-Based Payments Network Totals $58M: Report
Bridge, founded by Square and Coinbase alumni, recently raised $40 million in a round led by Sequoia and Ribbit.
