Payments News

On The Web

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Deals

Stampli Raises $50 Million in Series C to Help Companies Intelligently Manage Invoices

“This morning Stampli , a software platform that optimizes corporate invoice management, announced a $50 million Series C financing round, led by Insight Partners with participation from Signalfire and Nextworld Capital. The company launched in 2015 with the goal of simplifying the process of invoice management. Why is that needed? Services and software are purchased […]
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Deals

German Payments Software Firm Serrala Put up for Sale -sources

“German payments software firm Serrala has been put up for sale as its private equity owner Waterland hopes to benefit from high sector valuations, people close to the matter said…Payment technology firms have seen a surge in business as people switch to digital transactions, raising their values…The fintech company makes software that manages all inbound […]
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Deals

Bill.com Is Set To Acquire Utah Billion-Dollar Software Startup Divvy

“Terms of the acquisition were not yet known, but a third source told Forbes that Bill.com had approached Divvy in the past with an offer of more than $2 billion, suggesting the company would expect at least that price, if not more.  Divvy didn’t respond to multiple requests for comment; Bill.com declined to comment. On Tuesday prior […]

On The Wires

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Domains

Paymode-X Expands Network With Billtrust’s Business Payments Network

“Billtrust (NASDAQ: BTRS), a B2B accounts receivable automation and integrated payments leader, announced today that Bottomline Technologies (NASDAQ: EPAY), a leading financial technology provider, will connect its Paymode-X payers to new card acceptance endpoints via Billtrust’s Business Payments Network (BPN). Bottomline customers are now able to use BPN’s connected platform of suppliers to quickly and […]
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Domains

Citi Commercial Cards Collaborates With Corporate Spending Innovations in Global Payments Alliance

“Citi Commercial Cards and Corporate Spending Innovations, an Edenred company, have announced a collaboration to offer frictionless and innovative B2B payment solutions to Citi’s clients. The integration brings together Corporate Spending Innovations unique digital payment capabilities and Citi Commercial Card’s global network to jointly deliver fully integrated end-to-end payment solutions to customers. With this collaboration, […]
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Deals

Boost Payment Solutions Raises a $22 Million Series C Round Led by Invictus Growth Partners to Accelerate the Use and Acceptance of Digitized B2B Payments Globally

“Boost Payment Solutions (“Boost”), the leader in B2B payments optimization, which has processed over $10 billion in card payments for over 15,000 enterprises across five continents, today announced the closing of a $22 million Series C funding round led by Invictus Growth Partners (“Invictus”)…As the only FinTech acquirer focused exclusively on the B2B market, Boost […]
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Domains

Bill.com and Square Partner To Support Small and Midsize Businesses Navigating the Second Year of the Pandemic

“Bill.com (NYSE:BILL) and Square are partnering with the San Francisco Chamber of Commerce, the Black Chambers of Atlanta and the regional economic development organization Greater St. Louis, Inc., to support small and midsize businesses (SMBs) as they navigate the second year of the global pandemic. The free webinar on May 11, 2021 will provide localized […]
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Domains

Alviere & Currencycloud Partner to Provide Multi-currency Cross-border Embedded Finance Solution

“Alviere, the New York-based embedded finance platform provider, has today announced a partnership with Currencycloud, a leading provider of B2B embedded cross-border solutions, to provide its enterprise-class clients with the functionality of Currencycloud’s Spark solution – a multi-currency e-wallet with individual IBANs that allows customers to pay, hold, convert and collect in as many as […]
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Domains

Modernizing B2B Payments: The Time for Digitalization Is Now – FedPayments Improvement

“To determine which B2B efficiency efforts show the greatest potential benefit and highest likelihood of success, the Federal Reserve initiated industry research with support from Kearney and Glenbrook Partners. Insights and feedback from 60 businesses and more than 100 experts was analyzed, and the results were clear: the time to invest in electronic payment information […]