PayEngine pulls in $10m for SaaS companies
PayEngine, a white-label payments-facilitation platform for vertical SaaS companies, has raised $10m in Series A funding led by Point72 Ventures.
Shieldpay supplies digital payments to LegalTech Case Pilots
Shieldpay, a secure digital payments platform, has deployed its disbursements payment service to Case Pilots, a legaltech solution.
B2B cross-border payments spend to exceed $40trn in 2024
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.
E9pay, Currencycloud team up to revolutionise global fund transfers for South Korean merchants
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 launches Swift challenger RevTag
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 and Plaid unite for enhanced customer data security in North America
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.
Comvest Credit Partners backs Billhighway’s expansion with strategic financing
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.
Mastercard and PrestaShop team up to transform European online payments with Click to Pay
Mastercard, a global leader in payment solutions, and PrestaShop, a pioneer in e-commerce software, have formed a strategic partnership to enhance online payment systems across Europe.
Octane strengthens market position with $365m asset-backed deal
Octane, a leader in the FinTech sector that streamlines major recreational purchases, has successfully concluded a $365m asset-backed securitization, known as OCTL 2024-2.
PayPal teams up with Xero for SME invoices
PayPal is making further moves into the B2B payments space through a partnership with SME accounting platform Xero.