B2B Payments

TrueAccord nets $22m Series B led by Arbor Ventures

Debt collection platform TrueAccord has netted $22m in its Series B funding round, led by Arbor Ventures.

CardX closes $2.1m investment led by NXGEN International

Chicago-based payment solution platform CardX has closed a $2.1m investment led by NXGEN International and also saw contributions from two undisclosed investors.
fintech-news

Brazil-based Vindi said to bag $1.8m in funding

Brazil-based payment platform Vindi has reportedly closed $1.8m equity round from Bonzano Investimentos’ Criatec2 fund.
fintech-news

AdvicePay secures $500k seed round led by Goodworks, Front Street

Payment processing solution AdvicePay has closed a $500k seed round of funding led by Goodworks Ventures and Front Street Capital.

Cheddar raises $1.25m for seed investment round

??Indiana-based billing platform Cheddar has raised $1.25m in seed funding led by M25 Group.
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Paysafe board accept Blackstone, CVC offer

A private equity teamup between Blackstone and CVC Capital Partners has seen its almost £3bn bid to buy payments processing company Paysafe greenlit by the business.

Marqeta closes Series C funding round on $25m

California-based Margeta has closed its Series C funding round on $25m, led by Visa.

Spera nets $2m investment from Medici Ventures

SaaS-based platform Spera has closed its $2m Series A funding round, from Overstock.com blockchain-focused subsidiary Medici Ventures.

Payment processor Form3 secures $5m investment

Payment processing platform Form3 Financial Cloud has raised $5m in a strategic investment from firms including Barclays, the Angel CoFund, among others.

Innoviti receives $18m for Series B funding round

Payments and lending business Innoviti has received $18m in its Series B funding round led by Singapore-based SBI FMO, Bessemer Venture Partners and Catamaran.

News Stories

KYC

The ultimate KYC checklist: Ensuring compliance in FinTech

In today's increasingly complex financial landscape, the importance of Know Your Customer (KYC) compliance cannot be overstated.
Monzo

Monzo secures $190m investment and hits $610m funding milestone

UK-based digital bank Monzo has successfully secured an additional $190m in funding, bringing its total funding to an impressive $610m.

AI-powered Panax raises $15m to reshape cash flow management

Panax, an innovative FinTech, has successfully raised $15 million in its latest funding round. The investment was led by Team8 and TLV Partners.
Innovate

AI investment solutions innovator Stratiphy secures £1m grant

Stratiphy, a technology firm specializing in investment strategy building, has secured a grant of £1 million from Innovate UK for its consortium.
Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to round out its financial benefits coverage for employees and their families.

Unum Group unveils new pet insurance offering

Unum Group, a prominent provider of financial protection benefits, has launched Unum Pet Insurance to respond to a growing demand for comprehensive coverage extending beyond traditional employee benefits.

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