B2B Payments

ParentPay acquires online school payments solution WIS

School payments solution provider ParentPay has acquired Dutch communications and payments software developer WIS.

Finexio secures $4m Series A led by James R. Heistand

B2B payments network Finexio has secured a $4m Series A round led by Parkway CEO and president James R. Heistand.
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Veem raises $25m in strategic round led by Goldman Sachs

Cross-border B2B payments company Veem has raised $25m in a strategic investment round to fuel its growth.
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DadeSystems closes strategic investment, partnership from Fifth Third

DadeSystems, an integrated receivables solutions developer, has received an undisclosed strategic investment from Fifth Third Bank.
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Thoma Bravo acquires payment processor ABC Financial

Payment processing solution provider ABC Financial Services has been acquired by Thoma Bravo for an undisclosed amount.

Airwallex lands $6m round from Square Peg Capital

International payments company Airwallex has closed a $6m investment from Square Peg Capital, as part of a new partnership.

UK payments business Curve bags $10m Series A

UK-based payments company Curve has bagged $10m for its Series A funding round.
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Australia-based Credit Clear bags $10m

Australia-based payments company Credit Clear has raised $10m for its Series A funding round to help expand its invoicing and collections solution globally.
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Inflexion acquires minority stake in Radius, valuing the company £800m

Inflexion Partnership Capital has made a minority stake in Radius Payment Solutions in a deal which values the company at £800m.
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Jack Henry & Associates acquires Ensenta Corporation

Mobile payment technology provider Jack Henry & Associates has acquired the entire equity of California-based Ensenta Corporation.

News Stories

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata and Temenos enhance bank reconciliation with extended technology partnership

Validata, a leading provider in AI-driven reconciliation and data management tools, has partnered with Temenos, a banking software developer. 

Corpay boosts market presence with strategic Paymerang acquisition

Corpay, which offers corporate payments, has officially announced its intent to acquire Paymerang, a top provider of accounts payable automation solutions.
Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds excel in early 2024

Canadian sustainable fixed income funds have made a robust start to the year, with the Morningstar Canada Sustainable Fund Landscape for Q1 2024 reporting an impressive $193.3m in inflows.
Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Pomelo and Thunes innovate cross-border finance with new digital wallet solution

Bloomberg today unveiled a groundbreaking tool on the Bloomberg Terminal that enables investors to scrutinize portfolios, funds, and indices through sustainability thresholds tailored by the users themselves.
“The top 10 banks for AI talent currently account for 51% of the overall banking industry talent pool—a huge advantage when it comes to AI adoption. This concentration of AI talent has real consequences. If the banks that lag behind cannot close the gap, the race to implement AI will become an uphill struggle.”

US banks are surpassing European counterparts in AI talent growth

In the past six months, the world's foremost banks have expanded their AI talent by 9%, a rate that doubles their overall headcount growth, according to a survey from Evident.

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