B2B Payments

The BNPL market has seen a financial boon in recent years, creating market leading behemoths like Klarna, Affirm and Afterpay – who are all recording strong growth on the back of clear market demand. Could a growing call for regulation in the sector change this?

A pilot program by UK micropayments firm Shrap has begun two pilot programs in Essex and Denny, Scotland to trial and test scalable solutions to help keep cash sustainable.

Iowa-based modern payments platform provider Dwolla raised $21m in funding.

UK FinTech firm Revolut is set to launch Payday, an earned wage access platform that will enable employees to track and have instant access to the money they have earned.

SellersFunding has reportedly raised $166.5m in a sizable Series A round, which will bolster its international growth.

Digital payments infrastructure platform Extend has secured $40m from a Series B fundraising round.

Private equity firm Thoma Bravo has entered a deal to acquire business payments company Bottomline Technologies in an all-cash transaction worth $2.6bn.

Zebec, a continuous and programmable cash stream protocol on Solana, has raised $15m in funding to scale its payment solution.

Open banking payments platform Token.io has scored $40m in its Series C funding round, as it looks to boost the shift to open banking.

Axle Payments, a financial enablement platform for the freight and logistics industry, has rebranded to Denim. Alongside this, it closed its Series B on $126m.