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B2B payments infrastructure-as-a-service TransferMate has reached a $1bn valuation after closing a $70m funding round.
Digital commerce and payment provider CellPoint Digital has scored $25m in funding from an equity financing round.
A study by Juniper Research has found the transaction value of business-to-business domestic payments across payment methods is expected to surpass $54trn in 2023.
A recent study by PYMNTS has projected that up to 80% of all business-to-business transactions could be conducted digitally by 2025.
B2B payments platform for small businesses Melio has collected $250m in a funding round, which puts its valuation at $4bn – tripling since January 2021.
Finexio, an B2B payments-as-a-service provider, has collected $8m in its growth funding round, which will help it grow across verticals.
US FinTech firm Fiserv and Goldman Sachs have introduced their first product offering from its ongoing strategic partnership.