News

B2B Payments
Today in B2B Payments: 2 B2B Platforms Receive Investments for Growth
August 23, 2022

Today in B2B payments, investors are helping two B2B platforms in their plans for growth. Kenyan AgriTech startup iProcure has secured new funds to support its expansion into Uganda and Tanzania, while logistics software company Trusted Dispatch has received investment to grow its solutions for...

B2B Payments
Fraud Fears Hold Back Real-Time B2B Payments
August 23, 2022

Now, now, now — that’s the chorus coming from companies when it comes to payments, and that demand is fueling progress in real-time payments. It is not only one of the major trends for 2022 but promises to take on increased importance in 2023 and...

B2B Payments
ShopX Shutdown Points to B2B Platform Pitfalls
August 23, 2022

Like many FinTech companies, Indian eCommerce platform ShopX was once a high flyer. 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 our daily newsletter, PYMNTS Today....

Fintech Investments
SMB FinTech Muse Finance Raises $20M
August 23, 2022

Muse Finance, a London-based digital finance provider for small, medium and growing businesses, announced Tuesday (Aug. 23) that it has raised a $20 million debt facility ahead of its upcoming Series A round, which is planned for early 2023. Get the Full Story Complete the...

eCommerce
BigCommerce Enlists SheerID to Provide Merchant Discounts
August 23, 2022

eCommerce platform BigCommerce has enlisted identity marketing firm SheerID to help BigCommerce merchants provide offers and discounts to a broad swath of the U.S. population. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
Kenya’s GDPR-Style Legislation Threatens US Firms’ X-Border Data Transfer Model
August 23, 2022

Around the world, data protection legislation sets the rules for how companies collect and process personal information. 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 our...

Fintech Investments
Small Business Financing FinTech Kapitus Adds $95M to Funding Capacity 
August 23, 2022

Small business financing FinTech Kapitus has increased its funding capacity by $95 million, bringing its total debt facilities to $360 million.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...

Retail
Walmart Intros Brands for Its Beauty Accelerator Program
August 23, 2022

Walmart on Tuesday (Aug. 23) announced the first class of Walmart Start, its beauty accelerator program that features five upstart brands that have the potential to launch at the retail giant. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
Kenyan Agricultural Supply Chain Startup iProcure Closes $10.2M Series B
August 23, 2022

Kenyan AgriTech startup iProcure has closed a $10.2 million Series B round led by Investisseurs & Partenaires, with the funding coming from a mixture of debt and equity. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...