Capitalist.net

One of the most frequent questions a payment provider answers is why there’s a fee for every transaction. ➗ That is the wrong question to ask. The real one is who actually carries the risk — you or your payment infrastructure. Here’s how that risk shifts when you work directly with a bank vs. through a payment service like Capitalist. 🗣️

🌎 Canadian giant acquires Payoneer, Dubai/UAE startups quietly raise $319.5M, Cannes Lions started on Monday From mega‑deals and new rules to MENA funding and payment rings, this week shows fintech scaling both global infrastructure and everyday payment UX. 🟢Nuvei to acquire Payoneer for ~$2.75B Canada’s Nuvei agreed to buy Payoneer Global in an all‑cash deal worth about $2.75 billion, paying $7.40 per share. FinTech Futures calls it one of the top fintech stories of the week ending 19 June, as it creates a major local + cross‑border payments player for global merchants. 🟢Dubai/UAE fintechs quietly pull in $319.5M across 5 rounds A live tracker shows that, as of 21 June 2026, five Dubai and UAE fintech startups have raised a total of about $319.5M in 2026 funding rounds. Notable deals include Mal ($230M), Comfi ($65M) and CredibleX ($15M), signalling that mid‑market fintech infrastructure in MENA is getting serious money, not just early‑stage seed cheques. 🟢Payment ring “SEVEN 7 Ring Air” launches at mass‑market price Fintech wearable startup SEVEN launched the “7 Ring Air”, a payment ring for POS and metro payments priced at about INR 1,477 (roughly under $20). The ring enables secure contactless payments without needing a phone, wallet, battery or internet connection, making it a very practical example of how everyday payment UX keeps evolving beyond plastic cards. 🟢Cannes Lions 2026 dominates marketing headlines A 15 June marketing trends note lists Cannes Lions 2026 as one of the week’s main topics, alongside Google’s latest AI products. Coverage around the festival focuses on AI‑powered creativity, creator‑led storytelling and data‑driven brand building as core themes for the next wave of digital advertising. #digest

Accepting payments as a merchant with Capitalist🟢 Accepting payments shouldn’t mean juggling gateways, manual invoices and separate tools for payouts and cards. For many merchants, that’s still the daily workflow. With Capitalist, there’s no need for all that. In the cards, we’ll show the flow step by step — from initial request to successful payments by your customers.✅

The results of the draw: 1) Ilya (@shmeklse) 2) Sasha (@akaatakilla) Congratulations to the winners! 🥳🥳🥳 We will get back to you shortly!