B2B Payments

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.

Our Innovation Fund commits $2m to EFTsure

Australia-based EFTsure has reportedly netted $2m for its Series A funding round from Our Innovation Fund, to help with deployment of its New Payments Platform.

Boost Payment Solutions completes funding round from Mosaik Partners

New York-based Boost Payment Solutions has completed a funding round from Mosaik Partners.
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Vantiv buys B2B payments firm Paymetric

Payments processor Vantiv is acquiring B2B payments company Paymetric from private equity firm Francisco Partners. The financial terms of the deal are undisclosed.

AccessPay nabs ?2m to take cloud payments platform to the US

Manchester, UK-based cloud payments service AccessPay has picked up ?2m in debt financing to drive its state-side expansion plans.

Lystable takes $10m to focus on freelancer payments

Freelancer management platform Lystable has raised a further $10m in funding to focus on payments. The funding is an extension of the $11m round it raised in June 2016.
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Airpay picks up $3.6m for enterprise payments

Enterprise payments service Airpay has picked up $3.6m as part of its Series A. Kalaari Capital led the round for the Mumbai-based company.
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Bill payments processor Noventis seals $4m debt deal

Bill payments firm Noventis has secured $4m in debt financing from Silicon Valley Bank to fuel growth of its processing platform. The Houston-based company serves more than 5,000 originators
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Payments-as-a-service provider Dream Payments nabs $10m

Cloud payments service Dream Payments has raised $10m in a Series A round led by FairVentures - the innovation investing arm of Fairfax Financial Holdings.

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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