News

Delivery
Gopuff Close To Closing On $1B In Funding, Report Says
July 22, 2021

Gopuff, the delivery startup, is near to raising $1 billion in a funding round that could value it at $15 billion, Bloomberg writes. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...

B2B Payments
FinTech Banking Circle Taps SIA To Facilitate Payments
July 22, 2021

FinTech startup Banking Circle is tapping SIA, a subsidiary of CDP Equity, to handle its real-time payments service in Europe, The Green Sheet reported on Thursday (July 22). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

Investments
Index To Use $3.1 Billion Raised To Support New Businesses
July 22, 2021

Venture capital firm Index Ventures has raised $3.1 billion toward helping new businesses started during the COVID-19 pandemic, of which there were around 4.4 million in the U.S. alone, a company blog said Thursday (July 22). Get the Full Story Complete the form to unlock...

Security & Fraud
Kaseya Receives Universal Key To Help Cyberattack Victims
July 22, 2021

Kaseya, the Florida company that fell victim to a ransomware attack in early July, has now come into possession of a universal key that can decrypt the over-1,000 businesses and public organizations that were affected by the attack, the Associated Press writes. Get the Full...

B2B Payments
Santander Bank Adds Revenue Management To Healthcare Lockbox
July 22, 2021

Santander Bank, N.A.’s commercial banking division is collaborating with healthcare remittance provider Revenue Management Solutions on a receivables lockbox for its healthcare customers, per a Thursday (July 22) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

B2B Payments
Today In B2B Payments: Ollie Order On Alcohol’s B2B Payment Challenges; Veem Debuts New AR...
July 22, 2021

Today in B2B payments, Ollie Order discusses the regulation-fueled B2B payments challenges of the alcoholic beverages industry, and Veem debuts new invoicing and accounts receivable solutions. Plus, Frontline Managed Services explores the challenges of legal services invoicing, Soldo raises $180 million and Windward connects maritime...

B2B Payments
AlignBooks B2B App Simplifies SMB Management
July 22, 2021

Cloud-based accounting software solution provider AlignBooks Thursday (July 22) announced a new B2B app that helps small and medium-sized businesses (SMBs) manage their financial operations in one place. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...

B2B Payments
Citi Launches Real-Time Liquidity Sharing Solution
July 22, 2021

Citi has launched a new real-time liquidity sharing solution, aimed at assisting companies looking for improved efficiency in liquidity and working capital. The tool, part of Citi’s Liquidity Optimization product suite, is launching across six countries and jurisdictions in the Asia Pacific – Australia, China,...

Partnerships / Acquisitions
Uber’s Transplace Buy Signals Platform Approach To Logistics
July 22, 2021

The emergence of the platform economy brings all facets of commerce together – including logistics — which focuses on the matter of getting goods where they need to go as efficiently as possible. To that end, Uber said on Thursday (July 22) that it has struck...