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Corsair Capital Plans MSTS Acquisition To Boost B2B Payment Business

PYMNTS

Corsair Capital has agreed to acquire B2B credit and payments provider MSTS , purchasing the company from World Fuel Services Corp. MSTS will remain a standalone business, which will give it the kind of position it needs to keep growing along with the B2B payments market, the release stated. according to a press release.

Capital 235
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Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation

PYMNTS

Dignari Capital has agreed to provide $50 million to Sheng Ye (SY) Capital in a strategic collaboration to explore new supply chain finance options for small- to medium-sized businesses (SMBs), according to a press release. Tung Chi Fung , chairman of SY Capital, said there are already plans in the works.

Capital 237
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Serent Capital Starts New Fund; Bullish On B2B Payments Category

PYMNTS

Like many venture capital companies in the payments space, Serent Capital has had a busy year. The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. 15 with the announcement of the launch of its fourth fund, Serent Capital IV — at $750 million.

Capital 199
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How Alternative Lending Technology Stays Flexible For SMBs

PYMNTS

While this partnership model remains popular, market volatility has once again created a need to connect more SMBs to capital as quickly and efficiently as possible. In Canada, one of those alternative players is Thinking Capital. Flexible Technology. What's just as important is to ensure that lending technology is flexible.

Lending 289
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Traditional FIs Now Driving Cashless, Contactless Payment Adoption, USA Technologies Says

Bank Innovation

EXCLUSIVE— Contactless, cashless payments are on the rise in retail, driven forward as payment companies like Mastercard and Visa increase support for these solutions. This is according to Steve Herbert, CEO and Chairman for USA Technologies during the company’s most recent quarterly earnings, reported yesterday.

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FinTech Cloud Technology Fuels Banking Innovation

PYMNTS

As cloud technologies emerge to help financial institutions (FIs) drive digital innovation, Finastra has introduced its Fusion Payments To Go offering for small and medium-sized banks. Fusion Reveals Payments Platform Banks. The firm said it would work with The Clearing House on a new venture to “foster real-time payments.”.

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Today In Payments Around The World: IBM Buys Canadian Firm Expertus Technologies; GoJek Unveils GoBiz Plus System For Merchants

PYMNTS

In today’s top payments news around the world, IBM has bought Canada-based Expertus Technologies, while Gojek is rolling out its new GoBiz Plus point-of-sale (POS) offering. Gojek Debuts POS System for Indonesian Merchants That Accepts Cashless Payments. IBM Acquires Canadian FinTech Expertus.