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Flywire Raises $120M, Acquires Simplee Healthcare Tech Startup

PYMNTS

Tiger Global Management and Adage Capital Management also joined the round as new investors, with participation from existing investors. percent from 2019-2028 and is expected to comprise a $2.5 trillion industry by 2028, according to Boston Consulting Group.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

percent through 2028, according to Boston Consulting Group. 5) that it is integrating AvidPay into its BankTEL product suite, which is designed for financial institutions (FIs) to manage accounting and expenses. The firm has 1,300 employees across offices in seven states and is distinguished as a global FinTech unicorn.

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Winds of Change Starting to Blow at the Fed

TrustBank

Powell’s term as Chair of the FOMC expires in February, while his term on the Board of Governors doesn’t expire until 2028. Dallas Fed President Robert Kaplan and Boston Fed President Eric Rosengren both retired this month after their personal investment trading activity during the pandemic came under scrutiny.