News

Payments Innovation
Usage-Based Pricing Solves Billing Pains, Streamlines Payments for SaaS Firms
May 13, 2022

The global market for Software-as-a-Service (SaaS) has exploded in recent years, with forecasts estimating that this segment will reach $716 billion by 2028. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

Investments
ApnaKlub Raises $10M Towards B2B Wholesale Platform Improvements
May 12, 2022

B2B wholesale platform ApnaKlub, which works with fast-moving consumer goods (FMCG), has raised $10 million in a funding round, the Economic Times of India wrote Thursday (May 12). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Delivery
Bulk eGrocer Boxed Inks Multiyear Delivery Deal With FedEx
May 12, 2022

Online grocery platform Boxed, which sells bulk consumables, has entered a multiyear collaboration with FedEx, according to a Thursday (May 12) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
Today in B2B: ACI Worldwide, NORBr Partner on eCommerce Payment Tools; Ship Now, Pay Later...
May 12, 2022

Today in B2B payments, ACI Worldwide and NORBr partner on eCommerce tools, while Inxeption offers a “ship now, pay” later product. Plus, B2B vendors focus on client satisfaction as they rethink the checkout experience, and PayTabs unveils a social commerce offering for gig workers. Get...

Banking
Doola Debuts US Banking for International Businesses
May 12, 2022

Doola, a business banking company, has debuted a new banking product for international businesses to be able to open a U.S. bank account remotely from anywhere, a press release said Thursday (May 12). Get the Full Story Complete the form to unlock this article and...

Investments
B2B Software VC Firm Elsewhere Announces $175M Fund
May 12, 2022

Venture capital firm Elsewhere Partners announced Thursday (May 12) it had closed Elsewhere Partners II, L.P., a $175 million fund. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

Investments
LatAm Payments and Banking Platform Dock Raises $110M
May 12, 2022

Dock, a payments and digital banking platform for Latin America, has raised $110 million in a funding round, which will go towards expanding internationally and adding new talent, a press release said. Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Higher Dollar Limit, Swelling B2B Payments Support ACH Network’s Q1 Growth
May 12, 2022

The ACH Network experienced overall growth in the first quarter of 2022, in large part thanks to B2B payments and an increase in the Same Day ACH dollar limit, even with the end of government assistance programs tied to the COVID-19 pandemic. Get the Full...

Investments
African Cybersecurity and Anti-Fraud Firm Identitypass Raises $2.8M in Seed Funding
May 12, 2022

Lagos-based cybersecurity and anti-fraud startup Identitypass has secured $2.8 million in seed funding that it will use to grow its suite of products and expand its platform into new regions, the company announced Thursday (May 12). Get the Full Story Complete the form to unlock...