B2B Payments

PayTech unicorn Airwallex has been valued at $4bn following the close of an oversubscribed Series E round, which comes just months after it closed a Series D extension.

Singaporean peer-to-peer (P2P) lending platform Validus has acquired business payments and expense management technology platform Klearcard in an undisclosed deal.

US FinTech giant Stripe has launched its operations in Israel and begun recruiting local talent, a report by CTech has revealed.Stripe develops payment processing...

Stax, an all-in-one payments platform, has collected $245m in a funding round, which brings its valuation to $1bn.

PayEngine, a white-label payments-facilitation platform for vertical SaaS companies, has raised $10m in Series A funding led by Point72 Ventures.

Shieldpay, a secure digital payments platform, has deployed its disbursements payment service to Case Pilots, a legaltech solution.

Global spend on B2B cross-border payments is expected to exceed $40trn by the end of 2024, rising from $27trn in 2022, according to a report from Juniper Research.

South Korean money transfer operator (MTO), E9pay, has forged a strategic partnership with Currencycloud, a company specialised in simplifying business in a multi-currency world.

Revolut Business has launched its instant and free payments ecosystem RevTag, which aims to challenge Swift in the cross-border payments space.

TD Bank Group, known for its comprehensive range of banking, investment, and wealth management services, and Plaid, a leader in developing technology platforms for connecting digital financial applications, have announced a significant partnership. This collaboration marks a vital step in advancing financial data sharing technologies.