B2B Payments

Santander has started the roll-out of its CashFlow Manager app for businesses in the UK market.

Finexio, a PayTech startup, has raised $2.5m from both existing and new investors in a new investment round.

With its new capital injection, payment services startup Finix is set to challenge the likes of Stripe and Square.

Global spend on B2B cross-border payments is expected to exceed $40trn by the end of 2024, rising from $27trn in 2022, according to a report from Juniper Research.

Pagos, a payments intelligence company, has scored $34m in a Series A funding round headed by Arbor Ventures.

Standard Chartered has joined forces with Visa B2B Connect to expand its existing suite of payment solutions.

Bill payments firm Noventis has secured $4m in debt financing from Silicon Valley Bank to fuel growth of its processing platform. The Houston-based company serves more than 5,000 originators

Brazilian payment technology firm CloudWalk has raised $190m from a Series B funding round.

Australia-based PayTech platform DataMesh has reportedly scored $12m in pre-Series A funding from the venture division of National Australia Bank.

Mondu, the burgeoning B2B payments company, has successfully secured an additional €30m in debt financing from the German financial institution, Vereinigte Volksbank Raiffeisenbank (VVRB). This new injection of funds raises Mondu's total financing to €50m, following an initial €20m loan obtained from VVRB in late 2022.