Brex secured a $235 million credit facility to expand its ability to provide global corporate cards and solutions for expense management, travel, banking and bill pay. The credit facility was provided by senior lender Citi and participating lender TPG Angelo Gordon, Brex said in a...
Throughout 2024, the adoption of virtual cards signaled a shift in how businesses approach B2B payments. Historically relegated to the sidelines due to limited supplier acceptance, virtual cards are now increasingly moving to the forefront of payment innovation, in large part by addressing the critical...
Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. It will use the capital to fuel its next phase of growth and its planned expansion into the United...
Mesh Payments and MRI Software have partnered to deliver a unified spend management solution to companies in the real estate industry. This collaboration will integrate Mesh’s global corporate travel and expense (T&E) management platform with MRI Software’s property management platform, the companies said in a...
November 04, 2024
The economy is unpredictable, and companies are clamoring for on-demand working capital solutions that can be tailored to their unique needs. Imagine a world where your bank knows your business as well as you do, providing the working capital solution you need right when you need it — no phone calls, no paperwork, just a […]
September 23, 2024
Data is the fuel driving today’s world toward a more connected, digital tomorrow. The right data can be valuable to businesses interested in driving results and efficiencies when it comes...
September 23, 2024
The travel and hospitality sectors have long been anchored in traditional payment methods, like cash and credit cards. As consumers and employees voice their frustrations with outdated systems, adopting real-time...
July 02, 2024
Innovation is coming to the B2B space, providing businesses with streamlined and efficient payment solutions. Increasingly, these innovative B2B payment solutions are having a positive impact across both sides of...
January 15, 2025
Cloud-based accounting software firm AccountsIQ acquired expense management software company ExpenseIn. “Both AccountsIQ and ExpenseIn have a shared vision for innovation and growth, and we’ve had an increasing number of joint customers in recent years,” AccountsIQ CEO Darren Cran said in a news release Wednesday (Jan. 15). “This acquisition bolsters our position as a leading […]
January 13, 2025
Brex secured a $235 million credit facility to expand its ability to provide global corporate cards and solutions for expense management, travel, banking and bill pay. The credit facility was...
December 11, 2024
Mynt, a spend management solution focused on Nordic small- to medium-sized businesses (SMBs), raised 22 million euros (about $23 million) in a Series B funding round. It will use the...
December 02, 2024
Mesh Payments and MRI Software have partnered to deliver a unified spend management solution to companies in the real estate industry. This collaboration will integrate Mesh’s global corporate travel and...