B2B Payments

PayShepherd, a FinTech firm specialising in contractor management solutions for the heavy industry, has successfully completed a Seed+ funding round, raising $7m CAD.

Comvest Credit Partners, a leader in providing flexible direct financing solutions to mid-market entities, has recently declared its role as the Administrative Agent and Sole Lender in a senior secured credit facility for Billhighway.

Checkbook, an all-in-one payments platform, has entered into a strategic collaboration with Visa, a global leader in digital payments.

Mastercard, a global technology company in the payment industry, and MTN Group Fintech, a leading digital financial services arm of Africa's largest mobile network operator, have joined forces in a landmark partnership. This collaboration aims to drive the acceleration of the mobile money ecosystem across Africa, impacting 13 markets.

Quaint Oak Bank, a relationship-focused financial institution, and Finzly, a leader in modern payment systems, have embarked on a strategic partnership to revolutionize Quaint Oak's payment infrastructure and expand its embedded banking services.

Zūm Rails, a Montreal-based company at the forefront of integrating open banking with instant payments, has successfully concluded its Series A funding round, securing $10.5m CAD.

Kani Payments, a leading global data reconciliation and reporting platform, has announced a strategic partnership with Pismo, a comprehensive issuer processing and core banking platform.

OpenPayd, a pioneering global payments and Banking-as-a-Service (BaaS) platform, has entered into a strategic partnership with TrueLayer, Europe's premier open banking payment network. This collaboration aims to bolster OpenPayd's instant payment solutions across the UK and Europe, enhancing the payment experience for their global clientele.

Payplug and Mangopay, the Paris-based FinTech pioneers, have announced a strategic partnership to bolster payment offerings for marketplaces and platforms.

Nukkleus, a trailblazer in the FinTech sector, has announced its intention to acquire Mercury Global, a foremost cross-border payments firm.