B2B Payments

Payments company CHAI said to raise $60m in Series B round

South Korean payments company CHAI has reportedly scored $60m in its Series B funding round, which will bolster its global expansion efforts.

Plastiq and Ramp team up to enable businesses make large payments via its corporate...

B2B intelligent payment solutions provider Plastiq and American corporate card Ramp are collaborating to help companies pay for every kind of corporate cost with the Ramp card.

Orum said to raise $21m in its Series A funding round

Orum, which has built real-time money transfer infrastructure, has reportedly collected $21m in its Series A round.

Virgin Money teams with UK FinTech firm to bolster lending offering

Virgin Money has partnered with FinTech company Trade Ledger to deliver a quicker, more user-friendly experience for business customers applying for lending.

CSI eyes bolstered instant payments adoption through pilot program

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

Rocketlane snares $3m in Matrix-backed seed funding round

Customer onboarding platform Rocketlane has secured $3m from a seed funding round led by Nexus Venture Partners and Matrix Partners.

Nium nets $200m to become first global B2B payments unicorn from Southeast Asia

Nium, a global B2B payments platform, has raised over $200m in a Series D round led by Riverwood Capital to accelerate its product roadmap and drive global expansion.

Klarna expands European presence with Poland launch

Buy now, pay later (BNPL) firm Klarna teamed with H&M to launch its app and its Pay in 30 days BNPL option in the Polish market.

dopay collects $18m in its Series A funding round

dopay, a B2B2C payments platform aimed at unbanked workers, has scored $18m in its Series A, as it capitalises on rising demand for cashless payroll.

Solving a 100-year-old problem – Checkbook raises Series A

Checkbook, which claims to be solving the 100-year-old problem with using paper checks, has scored $10m in its Series A.

News Stories

AI

How will the EU’s AI Act impact the financial market?

The Artificial Intelligence Act officially came into force on 1 August 2024. The Act, one of the first of its kind, establishes a common regulatory and legal framework for AI within the European Union. How will it impact the financial sector?
New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.

Tower partners with HealthCarePlus to provide exclusive insurance products to union members

New Zealand-based insurer Tower has entered into a partnership with HealthCarePlus to offer its products to members of various unions, including house, contents, and motor insurance.
Experian, a global leader in data and technology, has introduced a new feature in its Insurance Marketplace.

Experian launches new Ongoing Rate Monitoring feature for auto insurance savings

Experian, a global leader in data and technology, has introduced a new feature in its Insurance Marketplace.
Robeco

Robeco launches innovative indices for climate-conscious investors

Robeco, an international asset manager, has introduced its latest offering, the Robeco Climate Equities Indices.
identity

Streamlining bank onboarding with corporate digital identity innovations

In the evolving banking sector, improving customer experience is pivotal. According to industry insights, 85% of financial crime compliance executives are now prioritising customer experience.

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