PYMNTS

NOVEMBER 12, 2020

Wells Fargo & Co is seeking to sell its private-label credit card and point-of-sale (POS) financing unit as part of an ongoing strategic review of its businesses. Selling the private-label credit card unit would be a business reversal for the financial services group. Others are operating in a less constrained way.”.

Cards 285

Cards Conference Groups Report 285

PYMNTS

MAY 26, 2020

Facebook Canada has announced a series of initiatives to aid small- to medium-sized businesses (SMBs) during the coronavirus pandemic, including $3.5 In related news, this month, Facebook’s Chief Operating Officer Sheryl Sandberg announced that the company would be donating $20 million of a $40 million SMB grant package to U.S.

social media 183

social media Training Operations Groups 183

PYMNTS

SEPTEMBER 18, 2020

This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. Small business working capital and factoring company Factris, based in Amsterdam, announced a $5.92

San Jose 226

San Jose Capital Utah Operations 226

PYMNTS

JULY 10, 2020

based Sayari Labs is a B2B technology company connecting firms with business intelligence solutions to mitigate financial and supply chain risk. This week, the firm announced in a press release its extended Series B round, adding an additional $2.5 million raised from investors. Sayari Labs. million to the $9 million already secured.

Capital 192

Capital Operations Security Industry 192

PYMNTS

JANUARY 15, 2021

Investors continue to fuel the growth of the B2B technology startup community with another busy week in funding. SalesTrip pointed to its integration partnership with Salesforce as a key driver of growth, and highlighted the growing need for businesses to gain greater control and visibility into expenses as the coronavirus crisis continues.

Capital 167

Capital Fintech Operations Technology 167

PYMNTS

OCTOBER 28, 2020

Businesses across the United States likely knew they would be in for a long, uphill battle to stay afloat when they first began closing their doors in mid-March, but did not know just how long they would be dealing with the fallout from the COVID-19 crisis. Omicron Media On How Payments Orchestration Can Boost Operational Efficiency.

Payments 257

Payments Report Operations United States 257

PYMNTS

JULY 6, 2020

Indonesian payment processor Payfazz has secured $53 million in Series B funding, numerous media outlets reported Monday (July 6). Our agents are small businesses and people who have lots of traffic from rural areas’ populations in their places,” Payfazz Co-Founder Hendra Kwik said, as quoted in a TechCrunch report. “It

Capital 211

Capital Groups Report Mobile 211

PYMNTS

DECEMBER 16, 2020

The company that bills itself as a “business in a box” for truckers has closed a Series A funding round of $20.5 The CloudTrucks app helps truck owners and operators manage their businesses by optimizing their driving schedules for better pay rates, maximizing cash flow and reducing operating costs.

Cards 209

Cards Payments Operations America 209

PYMNTS

NOVEMBER 20, 2020

BlackRock led the Series C funding round, which also included key industry investors like international shipping giant Maersk, which has been an investor since Loadsmart’s Series A round, and TFI International Inc. Chromo Capital co-led the deal. Also participating were Perry Capital, founded by Richard C.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

FEBRUARY 21, 2020

PYMNTS’ latest roundup finds investor interest for B2B eCommerce , small business banking, corporate card technology, cybersecurity and autonomous supply chain tech, but it was a ResTech startup that secured the most funding of the week, by a considerable margin. MaxWholesale.

Capital 181

Capital Technology Cards Texas 181

PYMNTS

DECEMBER 17, 2020

To roll out an alternative international money transfer offering called Co-opRemit, the Co-operative Bank of Kenya has teamed with international payment provider Thunes , according to an announcement. “We Co-operative Bank of Kenya works with 8.8 Co-operative Bank of Kenya works with 8.8

Operations 191

Operations America Payments National 191

PYMNTS

NOVEMBER 24, 2019

GoExpedi , an eCommerce, supply chain and analytics startup, has raised $25 million in Series B funding led by Top Tier Capital Partners. As a result, its eCommerce platform is able to deliver fast, error-free maintenance, repair and operations (MRO) at significantly lower costs.

Capital 231

Capital United States Analytics America 231

PYMNTS

FEBRUARY 28, 2020

Southeast Asia led the way thanks to ridesharing firm Grab, which continues to expand its B2B financial services offering with its fundraising windfall — and it wasn’t the only small business lender to secure investment. million in new funding for its technology targeting small businesses in the U.K. Digital Risks. Flock Freight.

Fintech 175

Fintech Capital Lending Report 175

PYMNTS

OCTOBER 30, 2020

India and Brazil, with focuses ranging from business banking technology to food and grocery B2B eCommerce. Brazil's BizCapital , a financial service provider for small- to medium-sized businesses (SMBs), secured $3 million in funding from Oikocredit, the company said this week. This week's roundup includes startups from the U.S.,

Capital 160

Capital Lending Technology Retail 160

PYMNTS

JANUARY 31, 2021

TRTWorld reported that Getir, which operates in 10 cities in Turkey, saw a significant boost in business when restrictions related to COVID-19 took effect. We’re @getir, the pioneers of super-fast delivery. Groceries in minutes, now in London.”. Getir” translates into English as “bring.”.

Survey 204

Survey Capital Report Operations 204

Perficient

JULY 12, 2022

With an increasing comfort with digital technology within financial services, firms must challenge traditional operating models and leverage digital tools to create an authentic relationship and earn (and retain) trust. Understand and navigate your vast digital data to make smarter, more informed business decisions.

Industry 294

Industry Branding Customer Experience Marketing Automation 294

PYMNTS

APRIL 26, 2020

Silicon Valley FinTech startup Digits announced a $22 million Series B funding round led by GV — formerly known as Google Ventures — to launch its new expense monitoring dashboard, according to a company blog post. Its new web application for expense monitoring is available at no charge to small businesses.

Management 151

Management Training Google Operations 151

Independent Banker

NOVEMBER 30, 2022

Stacy Watkins (left), president and CEO, and Hilary Nelson (right), senior vice president and director of operations and compliance, at the Las Vegas Strip. Lexicon Bank in Las Vegas opened its doors in August 2019, not long before COVID-19 shut down the city’s entertainment businesses. Photo by Sammy Tillery. By Tom Groenfeldt.

Las Vegas 129

Las Vegas Community Bank Community Wisconsin 129

PYMNTS

AUGUST 14, 2020

Investments ranged across geographies and industries, but the biggest highlights landed on trade financing and early wage access innovators, as startups bolster their value by supporting small businesses’ and employees’ financial recovery. million in Series A funding. Accounting automation startup CANDIS secured about $14.2

California 163

California Capital Fintech Security 163

PYMNTS

JANUARY 18, 2021

Human resources (HR) technology company Personio landed $125 million in new and preemptive Series D funding in an investment round that provides the company with a value of $1.7 million in today’s dollars) in a Series C funding round. billion, according to a Monday (Jan. 18) announcement. million euros (approximately $81.5

Software 191

Software Resources Capital US 191

PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

MARCH 1, 2019

Linking financial institutions and corporates with its Banking-as-a-Service platform, ONPEX enables FIs to deploy cloud-based account and payment technology to digitize operations and enhance their cross-border corporate payment offerings. Also operating in the enterprise security space is Cequence Security, based in California.

Security 189

Security Capital Analytics Software 189

PYMNTS

SEPTEMBER 27, 2019

s Nationwide Building Society did not disclose how much it invested in BankiFi , but it did say that it’s support to the open banking FinTech comes as Nationwide plans to launch a business current account. The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors.

Payments 149

Payments Capital Taxes Lending 149

PYMNTS

DECEMBER 18, 2020

Bellevue, Washington-based beauty and wellness space enterprise cloud platform Zenoti finished a $160 million Series D funding round at a valuation in excess of $1 billion, according to a press release. CloudTrucks , which positions itself as a “business in a box” for truckers, closed a $20.5 million Series A funding round.

Capital 192

Capital Company Washington Resources 192

PYMNTS

OCTOBER 11, 2019

Still, investors placed more than $368 million into the space, often in the form of Series B rounds for a range of B2B players, including fleet management, small business (SMB) banking and global payments. million in Series B funding, EU-Startups reported this week. XTransfer already operates in China, Hong Kong, the U.K.,

Capital 169

Capital California Analytics Management 169

PYMNTS

NOVEMBER 30, 2018

With more than $370 million raised by B2B startups this week, investors are showing their support for companies that help other businesses embrace digitization. In addition to the new funding, Deskera announced the debut of its B2B eCommerce platform Desk, allowing small businesses to buy and sell online. Wave Computing.

Capital 156

Capital Management Technology Operations 156

PYMNTS

OCTOBER 2, 2020

Some businesses fail to undergo the routine audits they need to assess their systems’ security, and others do not want to — or cannot — spend the money it takes to upgrade them. This puts pressure on merchants to find ways to make their operations PCI compliant, and fast. The global tokenization market is even expected to reach $6.8

Compliance 243

Compliance Data Report Meeting 243

PYMNTS

DECEMBER 16, 2020

13) that Monthly Unique Payers (“MUPs”) for its business-to-consumer (B2C) operation surged 64 percent in contrast to Q3 2019. This makes DraftKings the franchise’s “official sports betting, iGaming and daily fantasy operator.” DraftKings reported on Friday (Nov. DraftKings announced on Wednesday (Sept.

Retail 230

Retail Cards Payments New York 230

PYMNTS

NOVEMBER 27, 2020

SourceSage said it plans to use the investment to expand its management team and for overall expansion as it positions itself to help B2B businesses launch their eCommerce operations and go digital. The Series A investment was provided by Greycroft, Bonfire Ventures, Loeb.nyc and others, the company said.

Fintech 176

Fintech Capital Operations Analytics 176

PYMNTS

APRIL 16, 2020

As COVID-19 moves the economy online, Stripe unveiled an extension of its Series G funding round. And businesses that deferred moving online or had no reason to operate online have made the leap practically overnight.” . It also noted that it welcomed companies such as Just Eat and Caviar as customers this year.

Online 159

Online Software Capital Company 159

Perficient

DECEMBER 4, 2020

Amid the COVID-19 pandemic, businesses have had to transform how they interact and assist their consumers completely. Many retail or consumer goods businesses have had to switch from traditional, in-person shopping experiences to digital buying. Communication is Key.

Customer Experience 309

Customer Experience social media Branding Retail 309

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. The news comes after it was reported in December that Modern Treasury would keep strengthening its treasury and business finance offerings with $10 million in new funding.

Payments 182

Payments United States Software California 182

PYMNTS

NOVEMBER 11, 2020

In today’s top payments news around the world, Indonesian FinTech LinkAja closed a Series B funding round headed up by Grab, while Nigeria-based Kuda landed $10 million after a funding round. Indonesian FinTech LinkAja Closes $100M Series B Led By Singapore Super App Grab. Alibaba Gets Into The Garment Manufacturing Business.

Mobile 182

Mobile Payments Capital Fintech 182

PYMNTS

JANUARY 18, 2021

Last week, Grab announced that its Grab Financial Group had raised $300 million in a Series A funding round led by Hanwha Asset Management and joined by K3 Ventures , GGV Capital , Arbor Ventures and Flourish Ventures. Founded in Malaysia in 2012, Grab is also known for its popular ridesharing and delivery services.

Fintech 198

Fintech US Groups Management 198

PYMNTS

FEBRUARY 14, 2020

Drilling down into the particular verticals of the relatively young, tech-savvy firms that drew investor dollars, Software-as-a-Service (SaaS) and platform-focused companies announced investments, as well as intent to expand operations. million USD) in a Series B funding round, led by NGP Capital and ETF Partners. Negotiatus.

Digital Banking 131

Digital Banking Capital Risk Management Operations 131

PYMNTS

SEPTEMBER 25, 2019

The legislation aims to ensure that state-authorized and regulated cannabis businesses are not forced to operate with cash only. Cannabis-related businesses are locked out of the banking system, and cannot maintain checking accounts, process payroll obligations or pay taxes. 47 states, 3 territories and D.C.

Ohio 235

Ohio Colorado Washington California 235

PYMNTS

DECEMBER 20, 2019

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Small business accounting startup Xendoo announced a $3.5 Small business accounting startup Xendoo announced a $3.5 Tribal Credit.

Management 131

Management Fintech Capital Operations 131