Venture capital (VC) firm FINTOP Capital closed FINTOP Fund II with $126 million, surpassing the company’s goal of $100 million, FINTOP said in a statement. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
In order to “realign its operational focus to support its business-to-business solutions and IT services business units and improve costs,” Office Depot is planning to restructure, according to a U.S. Securities and Exchange Commission (SEC) filing. Get the Full Story Complete the form to unlock...
Esticom, a cloud-based estimating software that aims to aid contractors, is partnering with Foundation Software to help construction company management by streamlining the exchange of job costing data between estimating, accounting and project management, according to a press release. Get the Full Story Complete the...
Trade finance firm Drip Capital has introduced a new solution called GoTrade to help companies receiving shipments of meat, seafood and other such commodities get B2B payments quicker than usual, according to a press release. Get the Full Story Complete the form to unlock this...
Digital transformation is an imperative component of the ability of credit unions (CUs) to compete in the financial services market. But as institutions that are often smaller than traditional banks, limited resources mean adopting emerging technologies and cutting-edge services can be too resource-intensive for CUs...
Much of the $117 million raised by B2B FinTechs from venture capitalists this week targets money management services for businesses, including invoice financing, lending and banking. But cybersecurity and workflow process optimization also saw significant commitments, reflecting a growing need for corporates to work with...
Corporate expense management technology provider JAGGAER is expanding its accounts payable capabilities with the addition of support for virtual cards for supplier payments. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
To bolster global payments for businesses throughout the world, EMQ launched its new enterprise payment technology with same-day settlement functions in local currencies throughout eight countries. The nations include China, Indonesia, India, the Philippines, Malaysia, the United Kingdom, Singapore, and Japan, according to an announcement. Get the Full...
As it grows its target market and takes a wider position in the market, Penta is now providing its product as well as services to solo self-employed individuals. The business banking platform’s 20,000 clients have mostly been small and medium-sized businesses (SMBs) as of now...
