Restaurant technology (ResTech) startup Toast priced its initial public offering (IPO) above the range at $40 per share, giving the point-of-sale (POS) platform an estimated valuation of $20 billion, CNBC reported, citing an unnamed source. Get the Full Story Complete the form to unlock this...
In trade finance on a global level, there’s a form of fraud known to exist but is hard to quantify because it’s only discovered when someone gets caught. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...
It is becoming clear that B2B’s digital makeover will take a cue from B2C, such as the Amazons of the world, as paper checks give way to payments made with the click of a mouse. Buyers increasingly will find sellers not through paper catalogs, but through online platforms — and tech-savvy millennials will lead the...
HCL Technologies, a technology company, is partnering with Lendico to deliver application and engineering tools to make a new digital platform to boost business banking, according to a press release. The goal is to help small to mid-size businesses (SMBs) access faster, more convenient banking...
Today in B2B payments, Freshworks’ initial public offering value could be close to $10 billion and open finance platform mmob adds iwoca. Plus, asset manager White Oak acquires trade finance firm Finacity, FloBiz grabs $31 million for growth and Check and Procare improve child care...
Software-as-a-Service (SaaS) firm Mirakl has raised $555 million in a Series E funding round led by Silver Lake, per a Tuesday (Sept. 21) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
The intersection of open banking, data aggregation, personal consent and privacy protections were at the cornerstone of the testimony given by Finicity CEO Steven Smith before the U.S. House Committee on Financial Services FinTech Task Force on Tuesday (Sept. 21). Get the Full Story Complete the form to unlock this article...
Salesforce Ventures, the investment arm of U.S. cloud-based software company, has invested an undisclosed amount in Razorpay, Livemint reported Tuesday (Sept. 21). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional...
Accounts payable (AP) automation is but part of the equation in the drive to modernize B2B. 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...