Dossier
merchant payments
Coverage of merchant payments in the Nexus archive.
- Fintech firm Ant International raises US$1.2b to fuel global growth
Ant International, a subsidiary of Ant Group, raised US$1.2 billion in a Series A funding round to accelerate global expansion and innovation in merchant payments and account solutions. Existing investors Ant Group and Alibaba Group, along with undisclosed international institutional investors, participated in the equity financing.
- JCB signs Circle MOU to test stablecoin payments in Japan
JCB and Circle have signed a memorandum of understanding to test USDC for cross-border treasury operations and merchant payments in Japan. Regulated stablecoin adoption is gaining momentum in the region.