Adyen focuses on lending to Canadian merchants, Pateno acquires XTM assets

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Adyen says Canadian small and medium-sized merchants face weak consumer spending, rising costs and tariff pressures, and 23% of surveyed merchants are willing to seek financing from technology platforms they already use; Adyen provides loans to merchants alongside point-of-sale processing services. Pateno Payments has completed its acquisition of XTM assets, including the Everyday Payment program, which enables employee payments such as tips to be disbursed via prepaid cards.