News

eCommerce
VTEX Teams With Stripe to Offer Digital Payment Options for eCommerce Retailers
October 27, 2021

Online software-as-a-service (SaaS) commerce platform VTEX has joined forces with online payments infrastructure company Stripe to offer online payment processing capabilities through Stripe, according to a Wednesday (Oct. 27) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Global Payments
Velo Labs, Inception Collaborate on Cross-Border Payments
October 27, 2021

The cross-border settlement FinTech Velo Labs has launched a partnership with Inception, a Thai firm specializing in cross-border remittances in Southeast Asia.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...

IPO
Paytm IPO Target Jumps to $2.4B+ After Stock Dilution
October 27, 2021

Digital financial services firm Paytm is boosting its initial public offering (IPO) to Rs 18,300 (more than $2.4 billion) after Ant Financial, SoftBank and other existing investors said they would dilute more of their shares, according to a report on Wednesday (Oct. 27) in The...

Investments
Extend Grabs $40M for Development, Expansion
October 27, 2021

FinTech startup Extend has raised $40 million in a Series B round, the company announced Wednesday (Oct. 27). 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...

B2B Payments
Basware Gives Oracle ERP Users Easy Access to eInvoicing  
October 27, 2021

Finnish eInvoicing provider Basware says it has created a “recipe” that lets users of the Oracle Fusion Cloud ERP connect easily to the Basware platform.  Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Digital Banking
UK Bank Monzo Seeks to Raise $411M on Possible $4.1B Valuation
October 27, 2021

The British digital bank Monzo has begun talks in hopes of raising at least $411 million (£300m) with eyes on a possible valuation of $4.1 billion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Visa Backs Credit-Card-As-A-Service Startup Deserve
October 27, 2021

Credit-card-as-a-service company Deserve got a fresh infusion of capital from strategic investor Visa, joining other brand name backers like Mission Holdings, Mastercard, Ally Ventures, Goldman Sachs Asset Management and Sallie Mae. Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Investments
FinTech Platform Nook Nets $1.1M
October 27, 2021

U.K. trade collaboration platform Nook has raised $1.1 million (950,000 euros) to broaden its product and engineering team, expand its offerings, and develop sales and marketing activity with small and medium-sized businesses (SMBs), according to a Wednesday (Oct. 27) report from EU-Startups. Speedinvest and TriplePoint...

Partnerships / Acquisitions
Marqeta, Bill.com Join Forces to Create New Virtual Commercial Cards for FI Customers
October 27, 2021

Card issuing platform Marqeta is teaming with cloud-based software provider Bill.com to create new virtual commercial card products for Bill.com’s financial institution (FI) customers, according to a Wednesday (Oct. 27) press release.    Get the Full Story Complete the form to unlock this article and enjoy...