Plastiq Inc., the B2B payment platform powering the small and midsize business economy, and Colonnade Acquisition Corp. II (NYSE: CLAA) a publicly traded special purpose acquisition company, announced that they have “entered into a definitive agreement and plan of merger.” The combined company will “continue… Read More
Paystand, the provider of blockchain-enabled accounts receivable and B2B payments, announced the acquisition of Yaydoo, a firm focused on accounts payable, cash flow management, and liquidity solutions in Mexico and LATAM. The deal represents “one of the biggest technology unions in Mexico and LATAM and… Read More
American Express (NYSE: AXP), the Small Business Card issuer in the U.S., has announced American Express Global Pay – a digital solution that enables U.S. businesses to securely “make domestic and international business-to-business (B2B) payments.” Through this new digital solution, business customers can “send payments… Read More
Paystand, which claims to be the leader in blockchain-enabled B2B payments, introduced the “world’s first” dynamic discounting application “designed for seller accounts receivable (AR) teams and powered by Ethereum smart contracts.” This is the first solution “to enable seller AR teams to offer buyer accounts… Read More
Melio, a B2B payments platform for small businesses, announced the launch of a “fully integrated” accounts payable solution with Capital One Business. This strategic partnership will “enable Capital One small business cardholders to pay their vendors and suppliers with a card – even if they… Read More
Banking Circle, the tech-led B2B payments bank, has further simplified B2B payments by adding Dynamic Sender Name to the suite of solutions “available to payments businesses.” Delivering a consultative approach to ensure Payments businesses have access to the best payment solution for each customer use… Read More
Monoova, a B2B payments solutions provider, and TrueLayer, a key player in open banking, are teaming up to harness financial and identity insights using Australia’s Consumer Data Right (CDR) “for smarter, faster, data-enabled payments in the Australian market.” The benefits of the combination of CDR… Read More
Payer recently announced that Dominik Belloin, one of its board members, has been appointed as the new Chairman of the Board. Dominik Belloin “succeeds Annika Javestad, who served in the role during the development phase.” The appointment now “awaits the approval of the FSA.” Payer… Read More
American Express Company (NYSE: AXP) has announced a collaboration with Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments firm, in order to “enable suppliers to streamline acceptance of American Express virtual cards.” With this integration, suppliers will have the ability “to automate… Read More
Tribal, a B2B payments and financing platform for emerging markets, has introduced Tribal Ventures, which is a new fund that will provide equity financing for early-stage Fintechs. The fund is specifically designed “to support projects that share Tribal’s mission to help SMBs thrive in emerging… Read More
Mastercard (NYSE: MA) has announced that Chad Wallace has joined the firm’s Global Product and Engineering organization as Executive Vice President of B2B Solutions and “a member of the company’s Management Committee.” He will oversee the firm’s commercial product offering, including its corporate travel and… Read More
Paystand, which claims to be the leader in blockchain-enabled B2B payments, has introduced the “first” corporate expense card with native crypto rewards. A technology-forward spend management platform, the DeFi Corporate Card provides instant provisioning of virtual and physical cards, as well as “advanced spend controls,… Read More
Tribal, a B2B payments and financing platform for emerging markets, recently announced a partnership with Visa (NYSE: V). The partnership will aim to increase Tribal’s issuance of business credit cards in Mexico, Brazil, Colombia, Chile, Peru, Argentina, Panama, Uruguay, and the Dominican Republic to “create… Read More
European Fintech iwoca reveals that a new B2B payments solution is bringing together instant payments, free transactions and flexible financing “to address cash flow problems for both buyers and suppliers.” As mentioned in an update shared with Crowdfund Insider, online Fintech firm iwoca has noted… Read More
KKR, a global investment firm, and GrowSari, a B2B e-commerce platform serving micro, small and medium-sized enterprises in the Philippines, this week confirmed KKR will invest US$45 million to lead GrowSari’s Series C funding round. The funds will support regional expansion and product development capabilities…. Read More
The World Payments Report from Capgemini has looked into the major trends, drivers, opportunities, and risks that are transforming the financial services sector. The report mainly focuses on the beginning of a new era, called ‘Payments 4.X’, an experience-driven environment that’s leading to greater industry… Read More
Quadient (Euronext Paris: QDT), and Flywire Corporation (NASDAQ: FLYW) announced a collaboration to automate and digitize B2B payments internationally. Through the partnership, Quadient’s Cloud-powered accounts receivable (AR) management and automation solution, YayPay by Quadient, will reportedly be extending Flywire’s virtual payment solutions to its B2B… Read More
An increase in electronic payment frequency and the prioritization of APIs are among the takeaways of the 2021 B2B Payments Survey, which was conducted recently by Bottomline Technologies and Strategic Treasurer. The fifth annual survey, which polled more than 340 executives from banks and corporations,… Read More
Melio, a B2B payments platform for SMEs, reveals that it has acquired an additional $250 million in capital, which has now tripled the firm’s valuation to around $4 billion since January of this year. The funds acquired should help with supporting the firm’s business expansion… Read More
Global Payments Inc. (NYSE: GPN), a provider of payment tech and software services, has entered an agreement to acquire MineralTree, a provider of accounts payable automation and B2B payments solutions, from an investor group that’s led by Great Hill Partners, .406 Ventures and Eight Roads… Read More
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