Edison Partners, the first institutional investor in business payments firm Billtrust, has exited the company. A press release issued Monday (May 14) said Edison sold its stake in Billtrust to private equity firm W Capital Partners. Though financial terms of the deal were not disclosed, Edison...
Over the past 20 years, B2B payments have slowly but surely become a target of FinTech innovation. Part of innovators’ motivation to target this industry is the fact that there are so many points in business-to-business transacting that have the potential for friction – from...
Corporate expense management firm Chrome River is collaborating with India-based travel company Yatra, the companies announced on Monday (May 14). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....
Alternative lender LendingTree is expanding with the acquisition of Ovation Credit Services, the company said Friday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...
The conundrum of cannabis banking in the U.S. is both a headache for legal marijuana businesses and an intriguing case study for the financial services industry. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...
Global financial institution Citi is expanding its existing partnership with the Asian Development Bank (ADB) to share risk in trade finance transactions, reports in The Financial said Friday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
The National Federation of Independent Business (NFIB), a small business lobbying group, released a report last week revealing historic highs for small business (SMB) optimism and earnings. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...
A group of payments, technology and government players in Canada have joined together to tokenize central bank cash and assets to facilitate instant settlement of securities on blockchain technology. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
China appears to be making progress in its fight against shadow lending even as new lending overall increased in April, according to data reported by Reuters on Friday (May 11). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
