commercial payments

Clearco Secures $60 Million in Funding to Support eCommerce Businesses
Clearco Secures $60 Million in Funding to Support eCommerce Businesses
October 04, 2023  |  Investments

Toronto-based FinTech company Clearco has secured $60 million in a Series D funding round, as part of a recapitalization effort. The funding was led by Inovia Capital and Founders Circle...

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Kraaft Raises $3 Million to Expand Contractor Messaging App
Kraaft Raises $3 Million to Expand Contractor Messaging App
October 04, 2023  |  Investments

Kraaft has raised $3.7 million to bring its construction-sector messaging app to new industries. According to a report Wednesday (Oct. 4) by EU Startups, the French company will...

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Stampli Raises $61 Million to Advanced AI-Powered AP Automation
Stampli Raises $61 Million to Advanced AI-Powered AP Automation
October 03, 2023  |  B2B Payments

Stampli has raised $61 million to expand its artificial intelligence (AI)-powered accounts payable offering. The Series D round, led by funds managed by Blackstone, brings the total...

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Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
Will CBDCs Pave Path to Better Liquidity Management and X-Border Trade?
October 03, 2023  |  CBDC

For companies large and small and their financial institutions (FIs) navigating operations and trade across borders, foreign exchange (FX) represents a key cost of doing...

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Loop Secures $35 Million to Grow Transportation Logistics Platform
Loop Secures $35 Million to Grow Transportation Logistics Platform
October 03, 2023  |  Investments

Loop, a transportation logistics startup, has secured $35 million in a Series B funding round to grow its modern audit and payment platform for the...

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Bringg Adds Delivery Management Platform to Google Cloud Marketplace
Bringg Adds Delivery Management Platform to Google Cloud Marketplace
October 03, 2023  |  Retail

Bringg has launched its Delivery Management Platform on Google Cloud Marketplace to help retailers and eCommerce enterprises optimize their last-mile delivery process. By deploying Bringg’s solution portfolio, companies...

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How AI Helps Turn the Finance Function Into a Competitive Moat
How AI Helps Turn the Finance Function Into a Competitive Moat
October 03, 2023  |  B2B Payments

Sustainable growth comes from consistent organizational buy-in at the executive level. “It is about setting strategic direction from the top,” Aanchal Kochhar, head of product...

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Visa to Invest $100 Million in Generative AI for Commerce and Payments
Visa to Invest $100 Million in Generative AI for Commerce and Payments
October 02, 2023  |  artificial intelligence

Visa has launched a new $100 million generative artificial intelligence (AI) ventures initiative, aiming to invest in companies focused on developing generative AI technologies and applications...

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Working Capital Deserts on Main Street Challenge Small Business Survival
Working Capital Deserts on Main Street Challenge Small Business Survival
October 02, 2023  |  SMBs

Access to business financing is crucial for small and medium-sized businesses (SMBs) on Main Street — firms generating less than $10 million in annual revenue...

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