B2B Payments

The San Francisco and Lagos-based FinTech startup Flutterwave aims to leverage a new partnership with e-commerce giant Alibaba to take a slice of the China-Africa trade. This trade is estimated to be worth $200bn.

Computer Services Inc (CSI) will participate in the FedNow pilot program with the aim of increasing the adoption of instant payments in the US.

The digital payment industry is set to grow to be worth $154.1bn by 2025, according to new research.

A recent study by card issuing platform Marqeta has examined the potential roadblocks and innovations that may arise over the next decade in the payments industry.

Worldline, the payments and transactional services business, has obtained an A- rating following its first assessment by the CDP, the UK organisation that discloses the environmental impact of companies.

Pagos, which develops data and insight SaaS technology to improve payments infrastructure, has collected $10m in seed funding.

B2B payment and credit network Fundbox has closed an investment from MUFG Innovation Partners, less than a year after closing $326m in debt and equity.

SatoshiPay is set to keep developing its B"B solution after the the Stellar Development Foundation made a strategic investment of $550,000 by way of convertible loan notes into the company.

UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.

Priority Technology Holdings, a leading unified commerce platform that offers integrated payments and banking on a large scale, has successfully completed the acquisition of Plastiq, a prominent B2B payments company providing working capital solutions and automating accounts payable and receivable.