B2B Payments

API payments infrastructure platform Modulr has received an investment from FIS Ventures, the investment division of FinTech solution developer FIS.

PayTech firm Flywire has signed a integration partnership with iSAMS, a web-based school management and integrated accounting solution, to create cross-border tuition payment solutions.

Zebec, a continuous and programmable cash stream protocol on Solana, has raised $15m in funding to scale its payment solution.

School payments solution provider ParentPay has acquired Dutch communications and payments software developer WIS.

Ebury, the global FinTech giant, proudly declares its successful acquisition of Bexs Group. The Central Bank of Brazil has given the green light to this strategic partnership, which encapsulates both Bexs Banco, specialising in foreign exchange, and Bexs Pay, a name synonymous with payments.

Revio, which is on a mission to solve the payments failure problem in emerging markets, has raised $1.1m in funding.

UK-based banking company Novus is due to launch its beta banking app in the coming weeks before introducing the product to the wider public in summer 2021.

US payments network Rapyd is set to purchase Icelandic company Valitor from Arion Bank in a $100m deal.

NatWest, a major player in the banking sector, has made a strategic minority investment in Icon Solutions, a pioneer in the FinTech industry known for its advanced payments technology and consultancy services.

B2B payments FinTech Balance has secured $5.5m in seed capital from Stripe, Tal Morgenstern of Lightspeed, and Max Levchin through his SciFi VC.