B2b Payment news and trends

Numarqe and Weavr Partner on Corporate Card Offering
Partnerships // May 18, 2023

Numarqe and Weavr have partnered on a corporate card offering. The collaboration brings together Weavr’s plug-and-play finance solution and Numarqe’s multicurrency credit platform, the companies said in a Thursday (May 18) press release emailed to PYMNTS. The companies’ new partnership has created a corporate card that has real-time...

Tipalti Raises $150 Million to Expand AP Automation, Counts JPM as Investor
Investments // May 15, 2023

Payables automation platform Tipalti has raised $150 million with the help of JPMorgan Chase. The incremental growth funding round, announced in a Monday (May 15) press release, also included Hercules Capital, and will help Tipalti to further invest in product innovation and supporting its clients....

Virgin Money Accredited Under UK’s General Export Facility Program
emea // November 06, 2022

Financial service firm Virgin Money has joined the English government’s General Export Facility (GEF), opening up access to financial support to the company’s business clients at a time when the U.K. is dealing with crushing cost-of-living pressures. “GEF was launched in March 2021 and is...

MapQuest Parent System1 Closes RoadWarrior Deal
Acquisitions // February 11, 2022

Gig economy drivers will soon have a new mapping tool following the acquisition deal of RoadWarrior by System1, the parent company of MapQuest, the first commercial web mapping service. The details of the deal were not disclosed. Professional drivers from well-known delivery brands depend on...

Quick Reads
Numarqe and Weavr Partner on Corporate Card Offering

May 18, 2023
Numarqe and Weavr have partnered on a corporate card offering. The collaboration brings together Weavr’s plug-and-play finance solution and Numarqe’s multicurrency credit platform, the companies said in a Thursday (May 18) press release emailed to PYMNTS. The companies’ new partnership has created a corporate card that has real-time card management and spend controls together with credit facilities in […]

Tipalti Raises $150 Million to Expand AP Automation, Counts JPM as Investor

May 15, 2023
Payables automation platform Tipalti has raised $150 million with the help of JPMorgan Chase. The incremental growth funding round, announced in a Monday (May 15) press release, also included Hercules...

Virgin Money Accredited Under UK’s General Export Facility Program

November 06, 2022
Financial service firm Virgin Money has joined the English government’s General Export Facility (GEF), opening up access to financial support to the company’s business clients at a time when the...

MapQuest Parent System1 Closes RoadWarrior Deal

February 11, 2022
Gig economy drivers will soon have a new mapping tool following the acquisition deal of RoadWarrior by System1, the parent company of MapQuest, the first commercial web mapping service. The...