Payments News

On The Web

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Deals

Payhawk Raises $20M to Unify Corporate Cards, Payments and Expenses

“Fintech startup Payhawk has raised a $20 million funding round. QED Investors is leading the round with existing investor Earlybird Digital East also participating. Payhawk is building a unified system to manage all the money that is going in and out… Compared to other companies working on similar products, Payhawk gives each customer their own […]
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Deals

American Express and JPMorgan Join $20 Million Funding Round in Candex

“Enterprise payments firm Candex has raised $20 million as part of a Series A funding round led by Altos Ventures and joined by NFX, American Express Ventures, and JP Morgan. Founded in 2011, Candex acts as a master vendor for all small suppliers, allowing enterprises to pay Candex directly, which then remits payment to the […]
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Deals

Altman Brothers Lead B2B Payment Startup Routable’s $30M Series B

“We all know the COVID-19 pandemic has accelerated digital adoption in a number of areas, particularly in the financial services space. Within financial services, there are few spaces hotter than B2B payments. With a $120 trillion market size , it’s no surprise that an increasing number of fintechs focused on digitizing payments have been attracting investor […]

On The Wires

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Domains

Accelerating Our Commitment to Diverse and Minority Suppliers

“Walmart and Sam’s Club are committed to supporting the long-term growth and success of diverse and minority-owned businesses. We’ve heard loud and clear from current and potential diverse suppliers that the biggest challenge to achieving growth is the ability to gain access to working capital. That’s why we’re proud to announce, in partnership with C2FO […]
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Domains

Apruve Expands Automated Credit & Accounts Receivable Platform in China

“Apruve , a U.S.-based pioneer in long-tail credit and accounts receivable automation for global enterprises, announced today that it has expanded its solutions to the China market. Apruve enables organizations to reduce the time and resources needed to manage their high-volume smaller accounts. With the expansion of Apruve’s Global Credit Network and the internationalization of […]
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Domains

Plastiq and Billfire Partner to Enable Businesses to Offer More Payment Options to Their Customers

“Plastiq , the payment platform that enables businesses to better manage payments and cash flow, and Billfire , a leading provider of intelligent A/R automation solutions that streamline the invoice-to-cash process, partner to help suppliers and distributors get paid faster and more flexibly by allowing them to accept payments via credit card without any merchant […]
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Deals

Deluxe to Acquire First American Payment Systems

“Deluxe (NYSE: DLX), a Trusted Business Technology™ company, today announced an agreement to acquire First American Payment Systems (“First American”) for $960 million in cash, subject to customary adjustments. This transaction is expected to accelerate the company’s transformation into a leading payments technology company as part of its One Deluxe strategy. First American is a […]
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Domains

Bill.com Announces Integrations With Microsoft Dynamics 365

“Bill.com (NYSE: BILL), a leading provider of cloud-based software that simplifies, digitizes and automates complex back-office financial operations for small and midsize businesses (SMBs) today announced an expansion of the company’s partner ecosystem with Microsoft Dynamics 365, including Microsoft Dynamics 365 Business Central and Microsoft Dynamics GP . Mutual customers will now be able to […]
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Companies

Mastercard Track™ Business Payment Service Welcomes HSBC UAE As Part of Mission to Help Modernize the Middle East and Africa’s B2B Payment Ecosystem | Middle East/Africa Hub

“Technology leader Mastercard continues to deliver on its promise to modernize business payments worldwide and across the Middle East and Africa region, announcing a new partnership with HSBC that will provide the bank’s commercial customers in the UAE with an enhanced business-to-business payment experience via the Mastercard Track™ Business Payment Service. The latest collaboration will […]
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Domains

AvidXchange Launches New Purchase Order Functionality for Leading Middle Market Accounting Systems

“AvidXchange , the leading provider of accounts payable (AP) and payment automation solutions for the middle market, today announced new purchase order (PO) capabilities for Sage Intacct , Microsoft Dynamics GP , Microsoft Dynamics 365 Business Central , Oracle NetSuite and Intuit QuickBooks . Businesses leveraging these accounting systems now have the ability to match […]