News

Investments
Ratio Secures $411M to Grow BNPL, Financing Platform for SaaS Firms
September 15, 2022

B2B FinTech company Ratio has emerged from stealth and announced it has secured $411 million to grow its buy now, pay later (BNPL) and financing platform for Subscription-as-a-Service (SaaS) businesses and other recurring revenue firms. Get the Full Story Complete the form to unlock this...

Fintech Investments
FinTech IPO Index Sheds 2% as Slumping Tech Stocks Offset nCino, 9F Gains
September 15, 2022

The market routs continue, pretty much everywhere one looks. 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. By completing this form,...

B2B Payments
Today in B2B Payments: B2Bs Book Triple Play of Fund Raisings in Tight Market
September 15, 2022

Today in B2B payments, Axle Payments, GETIDA and Candis announce they’ve raised funds to scale their B2B solutions. Plus, BigCommerce brings cryptocurrency payment solutions to clients in select countries. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

Europe
EMEA Daily: Paysend Launches New Instant Payment Service
September 15, 2022

Today in Europe, Africa and the Middle East, U.K.-based FinTech Paysend launched a new instant payment product, and Adyen has integrated Block’s Cash App as a payment method. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Banking
Financial Services Firm Truist Deploys AI-Enhanced Virtual Assistant
September 15, 2022

Aiming to combine innovative technology with human touch, financial services company Truist Financial has added an artificial intelligence (AI)-enhanced virtual assistant to its mobile banking app and online banking platform for personal banking clients. Get the Full Story Complete the form to unlock this article...

Retail
Walmart Simplifies Online EBT Use; Kroger Expands Private Label
September 15, 2022

As grocers increasingly find ways to accept Supplemental Nutrition Assistance Program (SNAP) Electronic Benefits Transfer (EBT) payments through their digital channels, Walmart, the world’s largest grocery retailer, is looking to make the online shopping process for recipients simpler. Get the Full Story Complete the form...

Cross-border Payments
Paysend Launches New Instant Payment Service
September 15, 2022

UK-based FinTech Paysend Thursday (Sept. 15) announced in a press release the launch of Instant Account Payments which allow consumers and businesses to send instant cross-border payments between accounts up to a value of $100,000 to just $1 per payment. Get the Full Story Complete...

Mobile Payments
Adyen to Become First FinTech Platform to Add Block’s Cash App
September 15, 2022

Financial technology platform Adyen has partnered with Block’s mobile payment method Cash App to become the first such platform to offer Cash App outside of its Square ecosystem. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Axle Payments Rebrands to Denim Following $126M Series B
September 15, 2022

Axle Payments, a freight and logistics financial enablement platform, is rebranding itself as Denim following the close of a $126 million Series B round, comprised of $26 million in equity funding and $100 million in debt financing. Get the Full Story Complete the form to...