B2B Payments

Ramp lands $1.6bn valuation after fresh funding from Stripe, Goldman Sachs

Business card and expense management startup Ramp raised $115m at a valuation of $1.6bn, making it the latest entry in the growing list of unicorns this week.

JP Morgan team with DBS, Temasek to launch joint payments firm

JP Morgan has partnered with DBS Bank and Singapore government-owned firm Temasek to introduce a new joint payments company.

Addi secures $65m funding, enters strategic partnership with Santander

Columbian buy now, pay later (BNPL) firm Addi has snared $65m in debt and equity funding.

Mastercard, Bilt team to unveil new credit card to support renters

Mastercard has collaborated with Bilt Rewards to launch Bilt Mastercard - a credit card that offers no fees on rent payments.

Paystand collects $50m Series C funding to support enhancement of blockchain-powered payment network

Paystand, a blockchain-enabled payment network for businesses, has closed its Series C round on $50m, coming off the back of its triple-digit growth.

BharatPe bags debt funding just weeks after its Series E close

Merchant payments and financial services provider BharatPe has reportedly received $27m in debt funding, less than a month after closing a $370m investment.

BNPL market gets new big player as Mastercard launches Installments

Mastercard has entered the buy now, pay later (BNPL) market after it unveiled flexible payment platform Installments in the US, the UK and Australia.

James Corden-backed Imprint lands ?38m from Series A funding haul

Branded payments company Imprint has secured ?38m from a Series A funding round backed celebrity James Corden and payment giant Stripe.

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).

Zepto collects Series A funding to transform payments landscape

Zepto, an Australian account-to-account merchant payments platform, has raised AUD$25m in Series A funding.

News Stories

ERM

ERM and CEEZER launch groundbreaking carbon credit portal to drive sustainability

ERM has partnered with digital carbon credit platform CEEZER to launch a state-of-the-art carbon credit portal.
AI

The critical role of model governance in eliminating AI bias

Bias in AI is currently a hot topic in the media and among regulators and industry experts.
The USA dominated the FinTech funding market this week, as overall, the sector surpassed $800m in total capital raised. 

USA dominates market as weekly FinTech funding surges past $800m

The USA dominated the FinTech funding market this week, as overall, the sector surpassed $800m in total capital raised. 
payments

UK government takes steps to combat late payments to small businesses

The UK government has announced a package to support small businesses and the self-employed by addressing the persistent issue of late payments.
Marsh, a global professional services firm offering risk management and insurance solutions, and Tokio Marine Kiln (TMK), a specialist Lloyd's underwriter, have teamed up to create a business interruption insurance facility.

Marsh and Tokio Marine Kiln launch $50m business interruption insurance for ports facing geopolitical...

Marsh, a global professional services firm offering risk management and insurance solutions, and Tokio Marine Kiln (TMK), a specialist Lloyd's underwriter, have teamed up to create a business interruption insurance facility.

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