B2B Payments

Payrails, which stylises itself as an operating system for payments and financial services, has reportedly launched out of stealth after the close of a $6.4m seed investment.

Marvin, a Brazilian B2B payments platform has raised $5m in a Series A funding round led by early-stage venture capital firm Canaan.

Ualett, which offers an online cash advance app to the gig economy, has secured a $50m credit line, through a new partnership with Thiele Capital Management.

Car IQ, a provider of vehicle payments, has exceeded its Series B target, closing the round on $15m.

Tuum, a leading API-first and modular core banking technology provider, and Marqeta, a NASDAQ-listed firm known for its modern card issuing platform, have announced a strategic partnership.

GIC is in talks to lead a $40m investment in the Indian startup Vegrow, which runs a business-to-business marketplace for fruits.

Surfboard Payments, a Swedish PayTech company based in Stockholm, has teamed up with Worldline, a global leader in the payments industry.

Jefferson Bank, an esteemed independent bank, has extended its partnership with Finastra, a global FinTech leader, offering a wide range of software solutions designed to meet the ever-evolving needs of the financial services industry. Together, these companies are set to revolutionise instant payments for Texans.

Aeropay, a leading provider of Pay-By-Bank solutions for businesses, announced $20m in Series B financing.

Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.