Relay has raised $32.2 million in a Series B financing round to accelerate product development of its business banking platform. With the new funding, the company will focus on its development of spend management, smart credit products and a financial application programming interface (API) marketplace,...
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. The new HSBC Hybrid Checking Account earns interest on every dollar deposited into the account, the bank said in a Thursday (May 16) press release. “Every organization has...
European business finance solution firm Qonto plans to acquire French FinTech company Regate. The deal is expected to close within weeks, Qonto said in a Thursday (March 7) press release. The planned acquisition will enhance Qonto’s existing business banking solutions for small and medium-sized businesses (SMBs)...
Swiss financial institution Klarpay has debuted a financial solution for entrepreneurs. The company’s Entrepreneur Accounts are designed for business founders, ultimate beneficial owners and senior managers who are already Klarpay customers, the firm announced in a Tuesday (Feb. 27) news release. “Klarpay’s Entrepreneur Accounts provide...
September 29, 2021
“Complete nightmare.” You wouldn’t expect opening a business bank account in Europe to be described this way, given the advanced technologies that developed regions are known to possess. But that seems to be the case, according to Laurent Descout, CEO and co-founder of NEO, who said that what used to be a specific problem of […]
February 16, 2021
For decades, business banking has remained on a steady, straight path. Financial institutions (FIs) were required to provide foundational products and services, like moving and lending, to their enterprise and...
December 30, 2020
As treasury management becomes increasingly digital, a bank’s corporate banking clients face challenges when it comes to modernizing treasury workflows. Ideally, they need to change existing ecosystems without giving rise...
August 02, 2018
Speed? Not the most important thing when it comes to B2B payments. Turns out transparency is king, and according to Barry Rhodes, EVP and head of payments at iGTB, FIs...
May 29, 2024
Relay has raised $32.2 million in a Series B financing round to accelerate product development of its business banking platform. With the new funding, the company will focus on its development of spend management, smart credit products and a financial application programming interface (API) marketplace, Relay said in a Wednesday (May 29) press release. The […]
May 17, 2024
HSBC Bank USA has introduced a checking account for business clients that combines an earnings credit rate (ECR) with credit interest. The new HSBC Hybrid Checking Account earns interest on every dollar deposited...
March 07, 2024
European business finance solution firm Qonto plans to acquire French FinTech company Regate. The deal is expected to close within weeks, Qonto said in a Thursday (March 7) press release. The...
February 27, 2024
Swiss financial institution Klarpay has debuted a financial solution for entrepreneurs. The company’s Entrepreneur Accounts are designed for business founders, ultimate beneficial owners and senior managers who are already Klarpay...
