AvidXchange swipes $3.5m for automated payments
Payments automation service AvidXchange has raised $3.5m in a new round of equity funding according to an SEC filing. The financing comes from two investors that remain unnamed.
Alpha Payments Cloud valued at $250m following new round
Payments-as-a-service platform Alpha Payments Cloud has raised a new round of funding from Australian private equity firm First Quay Capital. Read more: www.fintechroundup.com
Nvoicepay grabs $10m to automate enterprise payments
Enterprise payments provider Nvoicepay has landed $10m in a growth equity funding round. The investment comes from Napier Park Financial Partners.
China UMS lands $297m from Everbright-IDG
China Union Pay Merchant Service (China UMS) has received a $297m investment from Everbright-IDG Industrial Fund.
AEVI secures €30m for payment services ecosystem
Germany payments and added services company AEVI has closed its Series B round at €30m. The funding comes in the form of a €20m investment from HPE Growth Capital and €10m from Adveq.
Tipalti lands $14m for mass B2B payments
Automated B2B payments provider Tipalti has raised $14m in a new round of funding led by SGVC.
Fusebill nabs $6m for SME billing platform
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.
MC Payments lands $4.4m for digital payments
Singapore-based payments solutions Mobile Credit Payment (MC Payment) has raised S$6m ($4.4m) in Series B financing.
PayPal teams up with Xero for SME invoices
PayPal is making further moves into the B2B payments space through a partnership with SME accounting platform Xero.
Finexio nabs $1m to rethink B2B payments
B2B payments network Finexio has raised $1m in seed funding. The round was led by James R. Heistand with participation form New York-based startup lab Loeb.nyc.
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