News

B2B Payments
Optimizing Data To Unlock Trade Finance Collaboration
January 07, 2021

Well before the coronavirus crisis hit, businesses — particularly small and medium-sized enterprises (SMEs) — were faced with a whopping $1.5 trillion gap in available trade finance that hampered their ability to grow. Now, with survival on the line for many companies, the urgency to...

B2B Payments
M&A Emerges As Key Strategy To Drive SMB Finserv Collaboration
January 07, 2021

In an environment in which connecting small- to medium-sized businesses (SMBs) to vital financial services and products is more imperative than ever, the world of SMB banking and FinTech is fostering an ecosystem of collaboration to expand availability. Get the Full Story Complete the form...

B2B Payments
Integrated Workflows Fuel Cross-Border B2B Payments
January 07, 2021

There are a lot of moving parts in B2B payments that are keeping corporate finance executives busy as they work to modernize and optimize their operations. In 2020, many of the biggest pain points in B2B payments were revealed, particularly when transactions move across border....

Investments
Virtual Beauty Platform Perfect Corp Closes $50 Million Series C
January 07, 2021

Perfect Corp., which works in tech solutions for the beauty field, announced its Series C investment for $50 million, according to a Wednesday (Jan. 6) press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

IPO
Petco Aims At $4 Billion Valuation In IPO
January 06, 2021

Petco will file its initial public offering (IPO) with a valuation of almost $4 billion, according to a registration statement filed with the Securities and Exchange Commission (SEC) Wednesday (Jan. 6). Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Partnerships / Acquisitions
Twitter Acquires Design Agency Ueno
January 06, 2021

Twitter has acquired Ueno, a design agency, a blog post from company CEO and Founder Haraldur Thorleifsson stated. 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
Kofax, Microsoft Team On Enhancing AP Automation
January 06, 2021

Intelligent automation software provider Kofax will integrate its ReadSoft Online platform with Microsoft Dynamics 365, letting organizations enhance their procure-to-pay workflows and automatic mission-critical processes, according to a press release. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...

Bitcoin
Bitcoin Daily: Bitcoin Tops $35K; IGT Wins Patent For Using Crypto At Casinos
January 06, 2021

Bitcoin’s price rally is continuing, setting a new record high of $35,821 on Tuesday night (Jan. 5), CNBC reported. Although it dipped slightly, its price still stood above $35,000 on Wednesday (Jan. 6), sitting at $35,277.69 as of 1:47 p.m. Eastern time. Get the Full...

B2B Payments
Udaan Raises $280 Million For B2B eCommerce In India
January 06, 2021

Indian B2B eCommerce platform udaan said it raised $280 million in additional funds as of Wednesday (Jan. 6), from both new and existing investors, a report in the Hindu Bisuness Line says. Get the Full Story Complete the form to unlock this article and enjoy...