Invoicing

i2c, a provider of digital payment and banking technology, has partnered with PingPong, a China-based FinTech unicorn providing business owners with cross-border e-commerce payment solutions.

Ghost Financial, a financing and business services platform for ghost kitchens, has emerged from stealth with $2.5m raises in a pre-seed round.

Medius, a provider of accounts payable (AP) automation solutions, has acquired OnPay Solutions, an invoice payments provider, for an undisclosed sum.

Outgo, an all-in-one banking solution for freight carriers, has emerged from stealth with $3.4m in funding.

Online payment solutions AstroPay has expanded its payment links services across Latin America, in Peru, Chile, Mexico and Colombia.

Hopscotch, a community-oriented B2B payments platform that facilitates instant, fee-free payments for small businesses and startups, has launched its private beta alongside a $6.1m seed extension.

Fenbeitong, a China-based corporate spend startup, has collected $140m in its Series C+ funding round.

Global logistics platform Flexport raised $935m in a Series E funding round on its mission to boost supply chain resilience and visibility.

Mastercard has launched Mastercard Track Instant Pay, a next-generation virtual card solution that uses machine learning and straight-through processing to enable instant payment of supplier invoices.

Payment and expense solution Payhawk has raised an additional $100m to extend its Series B round to $215m, propelling the company to a billion dollar valuation.