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The Full List of Fintech Unicorns in Asia (2025)

Fintech News

Wacai Valuation: $1 billion Founded in 2009, Wacai is a fintech company focused on making wealth management simple and accessible for everyone. It enables payments, payroll disbursement, and marketplace operations. Over time, it has added services like payroll management, SME lending, and banking solutions.

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Wild Cards? Gambling, Payroll, Other Models Provide Fresh Fuel For Prepaid

PYMNTS

Cards (as in prepaid, stored-value cards that consumers can use for gambling, payroll and a variety of other uses, many of them novel) are only half the battle. To get a sense of how the world of payments and cards has changed, Cregan told Webster a story about a conference he attended in Las Vegas in 2009. Payroll Card Evolution.

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What Banks Still Don’t Know About Getting The SBA’s $350B To SMBs

PYMNTS

But the devil is always in the details — in this case around verifying firm’s payroll numbers, whether loans have to be approved and how exactly firms can prove they are eligible for the loan forgiveness built into the program. Points of Clarification. has ever seen or offered. “If Speight explained.

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Email Fraudsters Take Advantage Of Coronavirus Opportunity

PYMNTS

Six years of alleged fraud saw one payroll firm accused of stealing millions of dollars , according to The Philadelphia Inquirer. Payroll Professionals Inc. Payroll Professionals Inc. Payroll Professionals Inc owner Myles Hannigan is serving a four-year sentence after pleading guilty to tax fraud, reports noted.

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Square Strategy Teardown: From IPO Downround To $13B Fintech Bank Of The Future Contender

CB Insights

Square launched in 2009 with an initial product that enabled sellers to accept card payments using a smartphone-attachable magnetic stripe dongle. Since then, Square (NYSE: SQ, Mkt Cap: $13.7B) has evolved its product and service line into a much broader suite, encompassing small business loans, payroll, food delivery, P2P payments, and more.

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How The Gig Economy Has Evolved Over The Last Decade

PYMNTS

Uber , Lyft , Fiverr , Airbnb , Postmates were the early names in the game, all founded between 2009 and 2011. I think we are heading to a place where you may work every day at a nine-to-five, but your payroll will be on demand to the extent you have earned it thus far,” he said. Some lasted; some did not.

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SHRM Debuts New Faster Pay Solution For Unbanked Americans

PYMNTS

Powered by Money Network , the SHRM Payment Solution will especially aim to help millions of underbanked or unbanked Americans who need a digital method of accessing pay and a quicker way to access payroll. percent in 2009. The release says the mobile app will also come with a prepaid debit card that can be used anywhere. percent.