B2B Payments

Ryft bags seed round for PSD2 compliant payments system

Ryft bags seed round for PSD2 compliant payments system

Ryft, a PSD2 compliant payments system, has closed a seed round, which was led by UK-based investor SFC Capital.
96% of SME payments decision makers don't understand payments

96% of SME payments decision makers don’t understand payments

Worryingly, 96% of SME payments decision makers lack understanding of the payment process, according to a report from Cashflows, which helps merchants accept payments.
Ecospend joins PIMFA WealthTech with Pay-by-Bank solution

Ecospend joins PIMFA WealthTech with Pay-by-Bank solution

UK-based open banking provider Ecospend has joined PIMFA WealthTech, the digital marketplace and industry network to boost collaboration and innovation within wealth management.
Sileon and Zorrz team up to revolutionise UK credit payments

Sileon and Zorrz team up to revolutionise UK credit payments

Sileon, a state-of-the-art software-as-a-service (SaaS) provider, has inked a partnership with ZorrzTM Finance, a pioneering FinTech entity focused on democratising credit access through artificial intelligence.
Zuora and Avalara team up to simplify e-invoicing compliance worldwide

Zuora and Avalara team up to simplify e-invoicing compliance worldwide

Zuora, a provider of monetisation suites for contemporary businesses, and Avalara, a cloud-based tax compliance automation platform, have teamed up.
Visa revolutionizes B2B payments with enhanced digital wallet capabilities

Visa revolutionizes B2B payments with enhanced digital wallet capabilities

Visa, a titan in the digital payments arena, has recently unveiled an expansion of its digital wallet capabilities through Visa Commercial Pay.
Marqeta powers Rain's new debit card for seamless wage access

Marqeta powers Rain’s new debit card for seamless wage access

Marqeta, a global modern card issuing platform, has partnered with Rain, a financial wellness benefits provider that assists companies in giving employees greater control over their finances.
Swiss FinTech Kaspar& secures CHF 2.5m seed funding, partners with Avaloq

Kaspar Secures CHF 2.5M Seed Funding

Swiss FinTech company, Kaspar&, has successfully closed its CHF 2.5m seed-financing round, marking a significant milestone for the firm. This round of funding included participation...

AvidXchange swipes $3.5m for automated payments

Payments automation service AvidXchange has raised $3.5m in a new round of equity funding according to an SEC filing. The financing comes from two investors that remain unnamed.

GI Partners buys Togetherwork from Aquiline Capital

GI Partners has acquired payment and software developer group Togetherwork from Aquiline Capital Partners for an undisclosed amount.

News Stories

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens reinforces its pioneer status with new €300m blockchain-based digital bond

Siemens AG, a frontrunner in technological innovations, has issued a new digital bond, reinforcing its position as a pioneer in the FinTech sector.
American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary secures $1m investment from HEST to enhance quantum encryption

American Binary, a trailblazer in post-quantum encryption technologies, has recently secured a strategic investment.
Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative secures $16m in Series A to enhance Web3 security solutions

Hypernative, a leader in Web3 security solutions, has successfully secured a $16m Series A funding round.
The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) opens its 8th FinTech accelerator

The Investment Association (IA) has officially launched the application phase for the eighth iteration of its esteemed Engine Innovator Programme, a pivotal accelerator designed to spur FinTech advancements within the investment management sphere.
Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut escalates global presence with new BillPay for businesses, revenues hit $500m

Revolut Business has announced that its global revenues now exceed $500m (£380m), alongside monthly transaction volumes of £17bn.

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