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21.05.25 - 12:18
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Airwallex Raises US$300 Million at a US$6.2 Billion Valuation to Build the Future of Global Banking (Business Wire)
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On track to hit US$1 billion in annualised revenue in 2025, as businesses of all sizes look to expand globally without friction
Grows gross profit in Americas and Europe at a 4-year CAGR of more than 250%
Series F investors include: Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and Visa Ventures with participation from several leading pension funds in Australia
SINGAPORE--(BUSINESS WIRE)--Airwallex, a leading global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. The round includes US$150 million in secondary share transfers. The new investment, which brings Airwallex's total funding to more than US$1.2 billion, includes Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several leading pension funds in Australia. Visa Ventures also joins as a strategic investor. Airwallex will use the additional capital to expand its global infrastructure ...
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21.05.25 - 12:18
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Airwallex Raises US$300 Million at a US$6.2 Billion Valuation to Build the Future of Global Finance (Business Wire)
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On track to hit US$1 billion in annualised revenue in 2025, as businesses of all sizes look to expand globally without friction
Grows gross profit in Americas and Europe at a 4-year CAGR of more than 250%
Series F investors include: Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and Visa Ventures with participation from several leading pension funds in Australia
HONG KONG--(BUSINESS WIRE)--Airwallex, a leading global payments and financial platform for modern businesses, has completed a US$300 million Series F funding round at a US$6.2 billion valuation. The round includes US$150 million in secondary share transfers. The new investment, which brings Airwallex's total funding to more than US$1.2 billion, includes Square Peg, DST Global, Lone Pine Capital, Blackbird, Airtree, Salesforce Ventures, and several leading pension funds in Australia. Visa Ventures also joins as a strategic investor. Airwallex will use the additional capital to expand its global infrastructure ...
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15.05.25 - 14:39
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Leading Cross-Border Payments & FX Infrastructure Platform Becomes Available for Strategic Sale by 733Park (Business Wire)
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BOSTON--(BUSINESS WIRE)--#ecommerce--Investment advisory firm 733Park is exclusively representing Project Clarion, a high-growth, fully-integrated cross-border payments and FX infrastructure platform, in exploring a strategic sale or acquisition.
Project Clarion delivers a turnkey solution for seamless global payments, featuring embedded compliance, multi-currency account functionality, flat-fee FX pricing, and real-time transaction reporting. With over 3,000 active customers, more than $1 billion in annual transaction volume, and revenue momentum accelerating, Clarion is just hitting the profitability curve — presenting a unique opportunity for a strategic buyer or investor to capitalize on significant growth and infrastructure already built for scale.
“Clarion checks all the boxes — it's scalable, sitting at the inflection point of profitability, and deeply embedded in one of the largest financial markets in the world,” said Lane Gordon, CEO of 733Park. “This is a rare opportunity to acquire ...
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15.05.25 - 14:09
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Pavilion Payments Names Lori Lawson Chief Operations Officer (Business Wire)
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LAS VEGAS--(BUSINESS WIRE)--Pavilion Payments, the leading omnichannel payment solutions provider in the gaming industry, has announced the promotion of Lori Lawson to Chief Operations Officer.
Lawson has served as Vice President of the Program Management Office, and most recently led Gaming Operations and PMO, at Pavilion Payments since 2021. In her operations role, she led key initiatives including launching a dedicated technician help desk, expanding project management capabilities, and implementing tools to enhance service delivery. In her PMO role, she played a critical part in managing Pavilion Payments' separation from Global Payments. With more than 19 years of experience in gaming, payments, and technology operations, Lawson has consistently demonstrated the ability to deliver large-scale programs that drive customer success.
In her new role, Lawson will oversee Pavilion Payments' Customer Success, Product Implementations, and the Project Management Office. She will focus on ensuring operationa...
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13.05.25 - 08:03
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Quadient and Nuvei Sign New Partnership to Enhance Cloud Payment Capabilities for Businesses Globally (GlobeNewswire EN)
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Quadient (Euronext Paris: QDT), a global automation platform powering secure and sustainable business connections, and Nuvei, a leading global payments company, today announced a strategic technology partnership to enhance cloud payment capabilities for businesses globally. Through this partnership, Nuvei's advanced payment processing technology is now integrated into Quadient's cloud-based Accounts Receivable (AR) and Accounts Payable (AP) automation solutions, providing businesses of all sizes across North America, the UK, and Europe with a unified platform to manage B2B payments more efficiently, securely, and at scale....
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08.05.25 - 12:03
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ACI Worldwide, Inc. Reports Financial Results for the Quarter Ending March 31, 2025 (Business Wire)
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Q1 2025 HIGHLIGHTS
Revenue up 25% versus Q1 2024
Net income of $59 million versus net loss of $8 million in Q1 2024
Adjusted EBITDA up 95% versus Q1 2024
Repurchased 1 million shares for $52 million YTD
Raising guidance range for full-year 2025
OMAHA, Neb.--(BUSINESS WIRE)--ACI Worldwide (NASDAQ: ACIW), an original innovator in global payments technology, announced financial results today for the quarter ending March 31, 2025.
"We are happy to report Q1 results that were again ahead of our expectations," said Thomas Warsop, president and CEO of ACI Worldwide. “Our newly formed Payment Software segment, which is the combination of our former Bank and Merchant segments, grew revenue 42%. We continue to see strength in our Issuing and Acquiring solutions driven by large financial institutions' modernization efforts. Our Biller business was also strong with revenue up 11%.”
Warsop continued, “We had a strong start to the year and our financial position continues to improve. This strong start ...
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