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US-based spend management company Ramp has announced that it secured USD 150 million in a Series D-2 funding round in a bid to expand operations.
funding, spend management, investment, risk management, payments
US-based payments provider Nium has announced its official registration as a Financial Services Provider in New Zealand.
regulation, financial services, payments , PSP
Snowdrop Solutions has partnered with PwC Middle East to bring its Transaction Enrichment API to banks and payment providers in the Middle East.
artificial intelligence, API, data aggregation, data analytics, digital banking
Fintech Codat has launched its Supplier Enablement data product for businesses to easily share their spend and supplier data from ERP systems and account software.
virtual card, ERP, data, spend management, B2B payments
Airwallex has launched the Airwallex Borderless Visa Card in Canada, providing Canadian businesses with a virtual card issued by Peoples Trust Company.
cross-border payments, credit card, debit card, fintech, virtual card
Issuer-processor Paymentology has partnered with spend management platform Rain to launch a new payment solution for digital asset businesses in the Caribbean and LATAM.
cryptocurrency, digital assets, web3, virtual card, expansion
Westpac has launched Project Unite to commit 30% of USD 1.17-1.3 billion to simplify tech, reducing platforms from 180 to 60 for cost efficiency and better outcomes.
banking, product upgrade, Open Banking, digitalisation, risk management
UAE-based corporate card solution Alaan has signed a five-year deal with Visa to digitise expense management processes for businesses.
partnership, product upgrade, fintech, payments
France-based business finance solution Qonto has launched its in-house financing solution ‘Pay later’ to extend its business banking products offering.
BNPL, instalment payments, financing , lending, SMEs
US-based payment technology corporation Mastercard has announced the expansion of its cross-border payment solutions by connecting to China-based Alipay.
cross-border payments, online payments, digital payments, expansion, financial inclusion
The Paypers analysed the most relevant investments that were announced during Q4 2023 and discovered a surge in funding for companies operating in Africa, the Middle East, Europe, and North America. Financing rounds indicate a preference for digital lending and banking, payment apps and commerce solutions, and Buy Now, Pay Later services.
investment, funding, expansion, payments , banking, ecommerce, The Paypers Quarterly Analysis series, financial inclusion, SMEs
UK-based mobile business account ANNA has announced that it acquired Australia-based GetCape, a fintech company that functions as a business spend management platform.
SMEs, acquisition, debit card, credit card, digital payments, spend management
Financial AI and data analytics services provider Calculum has announced its partnership with Corpay, aiming to provide its customers with access to Corpay Payments Automation.
partnership, customer experience, supply chain finance, payments , cash flow, digital payments
Point.me has partnered with American Express to help eligible Card Members search reward flight options with American Express Membership Rewards points.
travel payments, partnership, product launch, member card, payments , online payments
Settle and Cin7 have partnered to launch Pay with Settle, an embedded vendor payment solution for Cin7 Core users.
payments , product launch, partnership, transactions , embedded payments
Mastercard has announced Smart Subscriptions, an Open Banking powered subscriptions management solution.
Open Banking, banks, financial institutions, payments , product launch
Mastercard and SAVA have announced a partnership that will support MSMEs in Africa through innovative payments technology and infrastructure.
spend management, SMEs, partnership, expansion
Mirela Ciobanu from The Paypers examines key cross-border payment trends for 2024 and beyond, highlighting a focus on innovation, security, and regulatory compliance.
cross-border payments, central bank, SWIFT, blockchain, digital assets, stablecoin
US-based spend management platform Airbase has partnered with Sardine to prevent cases of payment and vendor fraud.
partnership, fraud prevention, spend management, fraud management
Qonto, a Europe-based business finance solution for SMEs and freelancers, has announced its plan to acquire France-based fintech, Regate.
acquisition, SMEs, financial services, fintech