Spend management giant Brex breaks decacorn status
US-based corporate spend management firm Brex, has raised an additional $300m in a Series D-2 round led by Greenoaks Capital and Technology Crossover Ventures (TCV).
Teampay secures $47m to bolster payment solutions
Teampay, an all-in-one purchasing platform, has raised $47m in Series B funding to bolster its accounts payable solutions and expand cross-border payment capabilities.
TreeCard raises €23m to help consumers with planting trees
TreeCard, a FinTech platform that is aimed at planting trees and boosting sustainability, has reportedly collected €23m for its Series A funding round.
Revio raises $1.1m to firm payments failure in emerging markets
Revio, which is on a mission to solve the payments failure problem in emerging markets, has raised $1.1m in funding.
PayMongo appoints new CEO
PayMongo has appointed its COO Isabel Ridad as its acting CEO, following Francis Plaza stepping down from the position.
ABA Bank launches instant card issuance kiosk
Cambodian financial institution ABA Bank has become the first bank in the country to launch an instant card issuance kiosk, through a partnership with Compass Plus Technologies.
96% of SME payments decision makers don’t understand payments
Worryingly, 96% of SME payments decision makers lack understanding of the payment process, according to a report from Cashflows, which helps merchants accept payments.
Instant payments API developer Devengo bags €1.2m
Instant payments API developer Devengo has secured €1.2m for its seed funding round to help it grow its team.
Atoa closes pre-seed to give small businesses alternative debit card payments
?UK fintech Atoa Payments is the new startup looking to give small businesses a viable alternative to debit card payments. It has raised $2.2m for its pre-seed round.
Argentinian PayTech startup Pomelo extends Series A
Argentinian PayTech startup Pomelo has extended its Series A funding round by $15m, which has increased its valuation by 50% in the last nine months.
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