Logistics payments firm PayCargo raised $130 million in a Series C funding round from a single investor, Blackstone Growth, to further the startup’s global expansion efforts across Asia, the Middle East and Latin America. Headquartered in Coral Gables, Florida, and founded in 2009 by Chief...
Paysend has launched a business solution to provide small- to medium-sized businesses (SMBs) worldwide with end-to-end payments and other tools to boost growth and diversify, according to a Wednesday (June 15) press release. London-based Paysend is a next-generation money transfer platform that enables people to...
It’s time for the consumerization of B2B payments. A quartet of payments professionals told PYMNTS in an On the Agenda (OTA) discussion that commercial payments are taking a cue from the everyday experiences of eCommerce — where Amazon and other platforms point the way toward...
FinTech C2FO on Tuesday (June 14) launched the C2FO CashFlow+ Card, allowing businesses to expedite their invoice payments without the traditional discount for early payments, according to the company press release. CashFlow+ Card customers can select invoices they want paid early, then have the full...
Today in B2B payments, payments data allows B2B sales forces to personalize their pitches. Plus, Pakistani eCommerce startup Dastgyr raises a country-record $37 million in its Series A funding round. JP Morgan transforms cash flow visibility using artificial intelligence and real-time data. Payments Data Gives...
One of the problems with antiquated business-to-business (B2B) payment processes is they still rely on people to manually process invoices and paper checks. Because they cannot integrate this information directly into accounts payable (AP) and accounts receivable (AR) systems, such methods not only open the...
If the past few years have taught us anything, it’s that financial forecasting is tough — and for treasurers especially, it’s a blend of art and science. Cash flow remains the cornerstone of a company’s health, but with pandemic impacts, changing consumer behaviors and supply...
Peer-to-peer (P2P) payments like Venmo, PayPal and Cash App have risen in popularity in recent years, providing rapid, convenient solutions that enable customers to send and receive money anywhere and anytime. United Arab Emirates (UAE) FinTech Mamo is contributing to that growing trend in the...
Fleet management platform Coast has teamed up with the convenience store chain RaceTrac to offer Coast customers discounts on fuel purchases. As the companies said in a news release Monday (June 13), the partnership gives customers a 4-cents-per-gallon discount on all fuel purchases at RaceTrac’s...
