News

Investments
B2B Payments Startup Streamlined Raises $4M
April 27, 2022

Streamlined, a new startup working on creating a better payments infrastructure, has raised $3 million in a seed financing round, TechCrunch reported Wednesday (April 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Regulation
EU Policymakers Question ‘Resource Intensive’ Crypto Monitoring Proposals
April 27, 2022

There are new European Union proposals which purport to monitor crypto transactions with unhosted wallets, which could reportedly breach the risk-based approach that is being pushed by money laundering regulators, a European Banking Authority official said Wednesday (April 27). Get the Full Story Complete the...

International
India’s Cashfree Payments Claims Top Share in Market
April 27, 2022

Bengaluru, India-based Cashfree Payments announced Wednesday (April 27) that it holds 50% of India’s market for bulk payments disbursal and its key product grew more than 100% in fiscal 2022 compared to fiscal 2021. Get the Full Story Complete the form to unlock this article...

Investments
African B2B Marketplace Kwely Grabs $1M in Seed Round
April 27, 2022

African B2B marketplace Kwely Inc. on Monday (April 25) finalized a $1 million seed funding round with a $700,000 injection of fresh capital led by WIC Capital with participation from Loftyinc Capital, Afropreneur Angels, Haskè Ventures and other angel investors. Get the Full Story Complete...

Digital Banking
PYMNTS Data: More Than Three-Quarters of Consumers Prefer Digital Banking
April 27, 2022

The pandemic accelerated the world’s digital transformation, leaving a lasting impact on consumer preferences. Take banking, for example. 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...

Investments
GetUpside Becomes Upside, Raises New Capital and Debt Financing
April 27, 2022

Retail technology company GetUpside is being rebranded as Upside and has raised $65 million in equity financing and $100 million in debt financing, the company announced Tuesday (April 26). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...

B2B Payments
Today in B2B: Raisin Bank Teams With Mondu on BNPL Tool; Small Businesses Need eCommerce...
April 27, 2022

Today in B2B payments, Raisin Bank partners with Mondu on a buy now, pay later (BNPL) solution for B2B merchants, while eCommerce sellers need insurance when they sell across borders. Plus, Cashology unveils an accounting platform with open banking firm Nordigren, and companies gain an...

Investments
Ondo Finance Takes in $20M in Series A to Develop ‘Decentralize Investment Bank’
April 27, 2022

Ondo Finance has raised $20 million in a Series A funding round designed to support its project of “building a decentralized investment bank,” the company said in a news release Wednesday (April 27). Get the Full Story Complete the form to unlock this article and...

eCommerce
Boxed CEO: Inventory Management Is Key to Winning Over eGrocery Customers
April 27, 2022

As supply chain challenges rack the grocery industry, the merchants that stand out are those that can ensure that the items that consumers want are available for purchase. Whether they are shopping in-store or online, consumers are looking for a consistent, reliable experience. Get the...