British international payment FinTech Vitesse has notched 6.6 million pounds ($8.6 million) in a Series A fundraising round, according to a TechCrunch report. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Payments firm Sokin is integrating local payment rails from Currencycloud to help boost its money transfer service around 150 different countries with 35 different currency options, the company announced Tuesday (Aug. 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
Convoy, which works in digital freight, announced a new service called Convoy Factoring, which is powered by Apex Capital and touted as a cost-efficient, quick payment method for B2B needs for freight carriers, according to a press release. Get the Full Story Complete the form...
In a move that lets small- to medium-sized businesses (SMBs) take card payments and monitor income, accounting platform Clear Books has integrated with Stripe. The connection enables SMBs with a Clear Books account to take invoice payments by credit and debit card, according to an...
This week’s roundup of payment rail innovations shines a spotlight on how B2B FinTechs are expanding the functionality and value of existing payment rails. Visa’s Visa Direct, for instance, embraces the company’s card rails to add value to professionals seeking early access to wages, while...
The prolific success of Amazon has largely orbited around the company’s consumer-centric business model. The ability to offer online shoppers a seamless digital experience and what had been previously been an unprecedented level of product choice changed the eCommerce paradigm forever. Get the Full Story...
Routable, which aims to simplify the sending and receiving of B2B payments, has come off a Series A funding round with $12 million, a press release says. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
Tradeshift, which works in supply chain payments and marketplaces, has teamed with Raindew Trade and launched a new instant supplier payment scheme for the COVID-19 pandemic, a press release states. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
From a lack of supplier acceptance of electronic payments to outdated infrastructure within accounts payable (AP) departments, the B2B payments ecosystem still has much room for improvement on multiple fronts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
