B2B Payments

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.

Corporate credit card company Brex has bagged $150m in funding, which will help the company to bolster its engineering and product design efforts.

ANNA, a business small business banking account, has closed a funding round on £17.5m.

From challenger banks to stock trading apps, the last week has seen a smattering of both massive funding rounds and smaller seed investments.

Nium, which helps businesses send, spend and receive money across borders, has secured an investment to support international expansion.

Having lost some of its founding members when the public scrutiny got fierce, the Libra Association has now added Checkout.com to its membership as things seem to be moving faster for the cryptocurrency project.

Customer experience management company Paytronix Systems has secured $10m in funding to ensure it is on sound financial footing through the COVID-19 crisis.

Karbon Card, which offers a corporate card for startups in India, has reportedly raised $1m in its seed stage.

As the COVID-19 crisis continues to grow, spend management platform Soldo has launched a new solution named Soldo Care to enable governments, local authorities, and NGOs to distribute emergency aid to vulnerable citizens via Mastercard prepaid cards.

Microtransactions company Money Button has unveiled the Invisible Money Button solution to make it easier for businesses using the platform to fully embed the payments into their website or app.