Square launched “On-Demand Pay”. Payoneer launched Payoneer for Banks. Sezzle released its virtual card for shoppers. Dash launched the FastPass network initiative. KodyPay raised £1.8m in funding. Deel raised $30m in Series B funding. CheckAlt acquired U.S. Dataworks from The Bankers Bank of Oklahoma.
San Francisco-based Square on Tuesday launched “On-Demand Pay,” which lets those using Square for payroll give employees up to $200 of a paycheck ahead of the normal biweekly schedule. Those funds can be funneled directly into Square’s popular mobile account, the Cash App.
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Payoneer has launched Payoneer for Banks, a new program which helps financial institutions provide businesses of all sizes with a solution to make or receive cross-border payments.
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KodyPay, a UK-based new mobile point of sale app and payment aggregator, raised £1.8m in funding.
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Deel, a San Francisco, CA-based payroll and compliance platform for international teams, raised $30m in Series B funding.
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US-based instalment payments platform Sezzle has released its virtual card for shoppers, enabling them to pay by using interest free instalments both in-store and online.
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Independent lockbox and electronic payments provider CheckAlt has acquired software and engineering company U.S. Dataworks from The Bankers Bank of Oklahoma. Terms of the deal were not immediately available.
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Dash has launched the FastPass network initiative, an accreditation that recognizes platforms and services within the trading ecosystem that have an enhanced user experience for Dash through the integration of InstantSend or ChainLocks.
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