Fintech & Payments
Payment networks, fintech companies and digital banking: Visa, Mastercard, PayPal, Stripe and the challengers changing how money moves.
Yoco secured a $100m credit facility to lend to small businesses and Lumepay raised $6m for cross-border payments, two SA fintech deals this week.
Stripe has no IPO date and no filing. Its last valuation is $159bn, and this week it closed the OpenRouter deal and launched HSBC UK Tap to Pay.
Visa will settle VisaNet obligations in Western Union’s USDPT stablecoin via Anchorage Digital, as its stablecoin settlement run rate hits $20bn.