Tagged: business payments

Fintech Airwallex, MODIFI to Launch Account Solution for Cross-Border B2B payments

Airwallex announced a partnership with MODIFI, a global commerce platform for business payments, in order “to launch a streamlined, innovative, and secure solution for transferring money across multiple regions.” Leveraging Airwallex’s global payments and financial infrastructure, MODIFI has created Global Account Solutions, “a payment tool… Read More

Financial Automation Software Firm BILL, BMO to Help Businesses Digitize, Streamline Payments

BILL (NYSE: BILL), a key player focused on financial automation software for small and midsize businesses (SMBs), announced a partnership with BMO in order “to digitize and streamline business payments.” BMO Bill Connect, powered by BILL, is a bill pay and invoicing platform that “helps… Read More

FLEETCOR Completes Cross-Border Payments Acquisition

FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, completed the acquisition of Global Reach Group, a UK-based cross-border payments provider. With the acquisition, FLEETCOR “increases its cross-border payments scale and strengthens its position as a leading non-bank B2B global cross-border payments provider.” Global… Read More

Finastra to Help Mechanics Cooperative Bank Provide Seamless Payments

Finastra announced that Mechanics Cooperative Bank, a Massachusetts-based financial institution with more than $645 million in assets, has selected Finastra Payments To Go “to introduce new business payments services and enhance the customer experience.” The multi-rail payments hub “empowers Mechanics Cooperative Bank to leverage the… Read More

Finastra, Veem to Provide Banks with Digital AP, AR Solutions

Veem, an accounts receivable (AR) and accounts payable (AP) network for small and medium-sized businesses (SMBs), announced a partnership with Finastra, a global provider of financial services software applications and marketplaces, “to offer business payments via a native integration with Finastra’s Fusion Digital Banking Platform.”… Read More

Fintech Firm Payable Raises $6.1M to Modernize Business Payments

The team at Payable reveals that they’ve raised $6.1 million in order to build a payment operations platform so companies “stop using EBICs, bank files and spreadsheets to move and reconcile money.” With Payable, you can “connect your banks and automate payments from initiation to… Read More

Business Payments Firm Bottomline Acquires Nexus Systems

Bottomline, a provider of financial technology that makes business payments simple, smart, and secure, recently announced its acquisition of Nexus Systems, a provider of accounts payable (AP) and payments automation software “for the real estate and property management industries.” The Nexus procure-to-pay (P2P) solution “takes… Read More

Denario, the Payments Platform for SMEs, Goes Live

Denario, the payment platform built for SMEs, recently secured €1.8 million in seed capital and is introducing a product that will support European firms with paying each other directly without being required to log into their banking accounts. Pohlmann, Co-founder and CEO of Denario, said:… Read More

FLEETCOR Technologies to Acquire UK based Cross-Border Business

FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, recently announced it has signed a definitive agreement “to acquire the Global Reach Group, a UK-based cross-border payments provider.” With the acquisition, FLEETCOR increases its cross-border payments scale and strengthens its position “as one of… Read More

Indian Fintech Unicorn RazorPay Introduces Automated Tax Solutions for Businesses

The team at Razorpay asks whether you’re aware of what’s one of the things that’s quite common among all Indian startup founders and business owners. According to Razorpay, they tend to struggle when managing tax and compliance payments. And, if you’ve just started your business,… Read More

Bottomline Is Being Acquired by Thoma Bravo for $2.6B

Bottomline Technologies (Nasdaq: EPAY), a provider of financial technology that makes complex business payments simple, smart and secure, announced that it has entered into a “definitive agreement” to be acquired by Thoma Bravo, a software investment company, “in an all-cash transaction that values Bottomline at… Read More

Steve Pinado: President at Billtrust, a B2B Accounts Receivable Automation Firm, Explains how They Streamline B2B Payments

We recently caught up with Steve Pinado, President at Billtrust (NASDAQ: BTRS), a B2B accounts receivable (AR) automation and integrated payments provider. Pinado explained how automation trends have been accelerating at warp speed during the COVID-19 pandemic. Last month, the team at Billtrust had shared… Read More

Digital Banking: Revolut Keeps Rolling out New Features for Business Payments, CEO Storonsky Says Firm to Eventually Conduct US IPO

Digital bank Revolut notes that if you’ve set up a WooCommerce store and are accepting payments with mainstream payment gateways, then you might not be happy with the extra transaction fees. Revolut reveals that it has been working on improving this for users by offering… Read More

Global Business Payments Company Fleetcor Announces Acquisition of Accounts Payable Cloud Software Platform Roger

  FLEETCOR Technologies, Inc. (NYSE: FLT), a global business payments company, announced on Thursday it has acquired Roger, a global accounts payable (AP) cloud software platform for small businesses. FLEETCOR reported that the acquisition will extend its portfolio of accounts payable automation solutions to small… Read More

TrueLayer Announces Expansion of Partnership With ANNA Money to Enable Instant Business Payments Through QR Codes

TrueLayer, a computer software company that enables companies to capitalize on new open banking initiatives in the UK, announced on Thursday it has expanded its partnership with ANNA Money to enable instant business payments through QR codes. The duo announced their partnership last spring, which… Read More

Business Payments Platform Cashfree Partners HDFC Bank, Kotak Bank, IndusInd Bank to Update Payouts, its Bulk Disbursal Platform

Bengaluru-headquartered Cashfree, a business payments platform, has teamed up with HDFC Bank, Kotak Bank and IndusInd Bank in order to enhance its bulk disbursal platform, called Payouts. Payouts is an API-based banking platform that automates how funds are transferred (in bulk) to any firm’s bank… Read More

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