Stripe is a payments technology company providing APIs for online payment processing and financial infrastructure for internet businesses.
Checkout.com has announced an annualised net revenue run-rate of $750 million for 2026, representing 28% year-on-year growth, alongside a return to full-year profitability. The UK-registered payments processor also disclosed it processed over $300 billion in total payment volume in 2025, a 64% annual increase.
Mastercard and PYMNTS co-convened an executive roundtable on agentic commerce at Mastercard's New York City Tech Hub in September 2026, moderated by PYMNTS CEO Karen Webster. Panelist identities, attendance figures and specific takeaways could not be independently verified from primary sources at publication time.
Global payments revenue growth is set to decelerate from 7% per year to approximately 5%, according to McKinsey's 2024 Global Payments Report presented at Sibos in Beijing, even as total revenues are forecast to reach $3.1 trillion by 2028. Four structural forces — falling interest rates, instant payments proliferation, value-chain fragmentation and rising fraud costs — are identified as the primary drivers of the slowdown.
Manchester-based payments infrastructure company Ryft has closed a £20 million Series B led by Gresham House Ventures, bringing total capital raised to approximately £27 million. The 2021-founded firm, which serves more than 6,500 businesses, has applied for a full EU licence from the Malta Financial Services Authority to enable EEA passporting.
A consortium of more than 140 companies — including Visa, Mastercard, Stripe, Coinbase and BlackRock — launched Open Standard and its dollar-pegged stablecoin OUSD on 30 June 2026, with the stated aim of redistributing stablecoin yield to participating institutions. The announcement triggered an approximately 15% drop in Circle's stock price.
Reports suggest Moov Financial has built a peer-to-peer payments layer spanning both Visa Direct and Mastercard Send — but the claim remains unverified. If true, the infrastructure play could let fintechs embed cross-network transfers through a single API without bilateral network deals.
Unverified reports of a failed acquisition valued at more than $50 billion have put PayPal's independent strategy under fresh scrutiny. With Alex Chriss at the helm, the company faces structural pressure on branded checkout, Venmo monetisation and European regulatory complexity.
Circle Internet Group has signed a $400 million deal to acquire Singapore-based B2B cross-border payments platform Tazapay, handing the USDC issuer a ready-made network of Asian banking licences, correspondent relationships and payment rails that would have taken years to build independently.