TripActions lands $300m Series G amid business travel resurgence
TripActions, an all-in-one travel, corporate card and expense management company, has raised $300m in Series G funding.
Payable raises $6.1m to transform payments
Payable, which has developed one platform for payment operations, has raised $6.1m in funding to help companies move away from EBICs, bank files and spreadsheets.
New York-based OatFi bags $8m for B2B solutions
OatFi, a New York-based company that provides working capital infrastructure for B2B payment platforms, has raised $8m in a seed funding round.
Searches for ‘delete PayPal’ surge by 1,392%
Searches for ‘delete PayPal’ have exploded by 1,392%, following the announcement of its $2,500 fine for spreading misinformation.
MoneyGram backs financial super-app Jingle Pay
UAE-based financial super-app Jingle Pay has received a minority investment from P2P payment platform MoneyGram International, alongside a new partnership.
Mashgin collects $62.5m for touchless technologies
Mashgin, a touchless self-checkout system powered by AI and computer vision, has raised $62.5m in Series B funding at a $1.5bn valuation.
Paddle rows to unicorn status after Series D
Paddle, a payments infrastructure provider for SaaS companies, has reached a $1.4bn valuation after the close of a $200m Series D round.
Hummingbird Ventures backs neobank Vance in seed round
India-based global neo-banking platform Vance has raised $5.8m in a seed round led by Hummingbird Ventures.
Societe Generale to acquire PayXpert for payment solutions
Societe Generale has entered into an agreement to acquire a majority stake in the FinTech PayXpert to strengthen payment solutions in Europe for retail and online merchants.
Strong Customer Authentication non-compliance costs £2m in sales
Businesses not compliant with Strong Customer Authentication (SCA) miss out on £2m in sales each day, a report from Barclaycard Payments claims.