ONERWAY, a company in the global payments infrastructure, announced its funding round participation and operational status involving Lanchi Ventures, Mastercard, PayPal, and Stripe.
1 report, 1 independent
Updated Aug 13
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What happened
ONERWAY, a company in the global payments infrastructure, announced its funding round participation and operational status involving Lanchi Ventures, Mastercard, PayPal, and Stripe.
Who's involved
What this event is mainly aboutKeep exploring
Part of
Major payment processors like Visa, Mastercard, PayPal, and Venmo are competing aggressively in the digital wallet space, with GCash also strengthening its digital push.Also in this story
- Early Warning Services, backed by a consortium of large banks, is facing a lawsuit over fraud protection failures while simultaneously launching Zelle to compete with Venmo and Cash App.
- PayPal owns the namesake app and Venmo, and both companies are facing market performance concerns due to trade wars and post-earnings dips.
- PayPal is competing with Block's Cash App, while Venmo remains a platform component of PayPal, and the company is expanding via connections with Mercado Pago.
- GCash utilizes Mastercard acceptance locations to expand its global reach and has enabled Alipay+ NFC global payment capabilities.
The entities involved
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Mastercard
American multinational financial services corporation
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PayPal
American worldwide online payments system
Related events
Coverage
Newest first; wire copies grouped- PR NewswireLanchi Ventures-Backed ONERWAY Secures 10 Million Series A+ to Bolster Global Payments Infrastructure SINGAPORE and LONDON, Aug. 12, 2025 /PRNewswire/ -- UK-founded global payments infrastructure pro