Tag: B2B payments

Fintecture, a B2B payment platform, has raised €36m in its Series A round, as it looks to grow its team.

CLOWD9, which claims to be the world’s first cloud native and decentralised payments processing platform, has named Peter Selman as chairman.

B2B payments firm Settle has reportedly raised $280m in a revolving credit facility from Citibank and Atalaya.

B2B payments infrastructure-as-a-service TransferMate has reached a $1bn valuation after closing a $70m funding round.

Colombia-based Simetrik, which is building a global payment orchestration platform, has received $24m in Series A funding.

Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.

A study by Juniper Research has found the transaction value of business-to-business domestic payments across payment methods is expected to surpass $54trn in 2023.

A recent study by PYMNTS has projected that up to 80% of all business-to-business transactions could be conducted digitally by 2025.

B2B payments platform for small businesses Melio has collected $250m in a funding round, which puts its valuation at $4bn – tripling since January 2021.

Finexio, an B2B payments-as-a-service provider, has collected $8m in its growth funding round, which will help it grow across verticals.