PYMNTS-MonitorEdge-May-2024

construction

Kraaft Raises $3 Million to Expand Contractor Messaging App
Kraaft Raises $3 Million to Expand Contractor Messaging App
October 04, 2023  |  Investments

Kraaft has raised $3.7 million to bring its construction-sector messaging app to new industries. According to a report Wednesday (Oct. 4) by EU Startups, the French company will...

READ MORE >
Trusstor Debuts Digital Last Planner for Construction Firms
Trusstor Debuts Digital Last Planner for Construction Firms
September 06, 2023  |  Commercial Payments

Construction operations platform Trusstor has introduced a project management system to ensure timely completion. Announced Wednesday (Sept. 6), the company’s Last Planner aims to drive digital transformation in...

READ MORE >
STACK and Billd Team to Help Contractors Secure Working Capital
STACK and Billd Team to Help Contractors Secure Working Capital
September 06, 2023  |  Spend Management

Construction payment provider Billd is working with software platform STACK to improve working capital access.  The companies announced in a news release Wednesday (Sept. 6) that Billd’s financing solutions are now...

READ MORE >
Healthcare, Leisure and Hospitality Lead Job Gains in August
Healthcare, Leisure and Hospitality Lead Job Gains in August
September 01, 2023  |  Economy

The U.S. economy added 187,000 jobs in August, with the healthcare and the leisure and hospitality sectors leading the way. The number of jobs added during the...

READ MORE >
Trunk Tools Raises $9 Million for Faster Construction Pay
Trunk Tools Raises $9 Million for Faster Construction Pay
July 13, 2023  |  Investments

Construction-focused FinTech Trunk Tools has raised $9 million to help workers get paid faster. The company’s seed round, announced Thursday (July 13), comes at a time when instant payroll...

READ MORE >
Merchant Lynx Acquires NCCP to Expand Into Trucking and Construction
Merchant Lynx Acquires NCCP to Expand Into Trucking and Construction
July 06, 2023  |  Acquisitions

Merchant acquirer Merchant Lynx Services says it is expanding into new industries. To that end, the Florida-based company has purchased National Credit Card Processing Group (NCCP), according to a...

READ MORE >
DOZR Adds Order Tracker to Heavy Equipment Rental Marketplace
DOZR Adds Order Tracker to Heavy Equipment Rental Marketplace
June 08, 2023  |  B2B Payments

DOZR has added an order tracker to its online marketplace for heavy equipment rentals. The new feature allows contractors to track the progress of their...

READ MORE >
AvidXchange Adds Lien Waiver Management Feature for Construction Industry
AvidXchange Adds Lien Waiver Management Feature for Construction Industry
June 01, 2023  |  B2B Payments

AvidXchange has added a Lien Waiver Management feature for the construction industry. This new feature has been added to the company’s TimberScan purchase-to-pay platform and associates the release of funds...

READ MORE >
Pay Growth Slows As Workers ‘Come Off the Sidelines’
Pay Growth Slows As Workers ‘Come Off the Sidelines’
May 03, 2023  |  Economy

Private employers went on a hiring spree in April but were less quick to raise wages. That’s according to ADP’s monthly National Employment Report, which...

READ MORE >