News

B2B Payments
B2B Payments Platform Melio Raises $250M at $4B Valuation
September 14, 2021

B2B payments platform Melio has reached a $4 billion valuation after announcing it had raised an additional $250 million in a funding round, according to a press release on Tuesday (Sept. 13). Get the Full Story Complete the form to unlock this article and enjoy...

B2B Payments
Grovara’s B2B Marketplace Streamlines Exportation Process for US Wellness Brands
September 14, 2021

Facilitating exports has led to booming business for Grovara’s online B2B marketplace as well as the buyers and sellers who use it to make transactions. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...

Payment Methods
Embedded Finance: What’s Old is New Again
September 14, 2021

Adam Cohen, general manager of enterprise at Payoneer, told PYMNTS that embedded finance is nothing new: “When you think about it, embedded finance is quite an old concept, and it’s been around for decades.” Get the Full Story Complete the form to unlock this article...

Payment Methods
The European Payments Initiative: Laying the Infrastructure for Europe’s Super Payments App
September 14, 2021

Across Europe — 44 countries, dozens of languages, myriad ways to pay — cross-border, cross-functional infrastructure could eventually give rise to a “super app.” Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...

Investments
Fractional Stock Purchases Will Be ‘Holy Grail of Financial Literacy’ DriveWealth CEO Says
September 14, 2021

The ability to dabble in the stock markets was traditionally seen as the preserve of what we might call “grownups,” or professional investors with fat salaries and lots of savings to wager. Get the Full Story Complete the form to unlock this article and enjoy...

Payment Methods
Brazil’s ‘Cash Is King’ Culture Cedes Ground to Convenient Gift Cards, QR Codes
September 14, 2021

Cash might still be the king of South America’s largest economy, Brazil, where it accounts for over a third of all payments — but as alternative payment methods such as QR codes and gift (and pre-paid) cards explode in use, it may only be a...

Investments
Supply Management Firm LevaData Raises $47M
September 14, 2021

Supply management software company LevaData announced that it had closed a $47 million Series C funding round, according to a press release on Monday (Sept. 13). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS...

Investments
Egypt’s Capiter Nets $33M for Expansion Across MENA
September 14, 2021

Cairo-based startup Capiter announced Monday (Sept. 13) that it has raised $33 million in a Series A funding round to expand its B2B eCommerce platform to Egypt, the Middle East and North Africa (MENA) region by 2022, according to a press release. Get the Full...

Investments
Blockchain-Based FinTech Optherium Labs Secures Pre-Series A Funding
September 13, 2021

Blockchain-based Software-as-a-Service (SaaS) company Optherium Labs, which helps other companies add banking services, has received a pre-Series A investment from IRETH, which will help both companies achieve secure financial service delivery, according to a press release. Get the Full Story Complete the form to unlock...