B2B Payments

ShopUp, a Bangladeshi B2B commerce platform, has netted $30m in debt financing to build supply chain infrastructure and expand services to SMBs.

Volt, a leading global real-time payments provider, has successfully raised a $60m Series B investment round.

Finastra, a dominant force in the global financial software space, has today extended its partnership with Corvallis, Tinexta Group, a luminary in IT services within the Italian financial landscape.

Kindcard, which offers of an innovative 'Closed-Loop' payment solutions through its subsidiary Deb, has recently entered a letter of intent to potentially acquire OpenTransact (also known as Acepay, Inc.). 

Moroccan FinTech startup tookeez, has successfully secured $1.5m in funding to bolster its technical capabilities and expansion efforts.

SumUp, a leading global FinTech company, recently raised €1.5bn from private credit lenders in a significant funding round led by Goldman Sachs. This transaction marks one of the largest European private credit deals in recent years.

TerraPay, a prominent FinTech company, has announced a new capability for financial institutions to directly send money to over 2.1 billion mobile wallets globally via their existing Swift network.

Ontario-based Fusebill has raised $6m in a Series A round of funding. The capital for the SME subscription billing platform comes from individual backers.

TransferMate, a b2b payments company, has landed a €30m investment from Allied Irish Banks.

The global payment innovation (gpi) initiative of SWIFT has launched the pilot testing of a new solution to bring real-time payment tracking to treasury applications.