ConnexPay has launched British pounds and euros currencies to expand the global presence of its all-in-one platform for B2B payments. This launch serves to benefit European companies, as they are now able to receive and send payments in their native currencies, the payments technology company...
It was a big week for B2B FinTech startups in Latin America. Supply chain financing company Greensill revealed its acquisition of Colombia-based Omni, a small- to medium-sized business (SMB) lender that will enable Greensill to strengthen its Latin American footprint. “Latin America is a highly...
Liberis, a London-based FinTech that lends to small- to medium-sized businesses (SMBs) for future credit and debit card sales, has raised £32 million (more than $42 million), according to City A.M. The company will use the money to support its growth, as well as expand...
Analysts continue to flesh out their predictions for payments and FinTech in 2017, but one can never truly know the exact direction an industry will take. The B2B payments space is positioned to go in multiple directions as regulations and faster payments initiatives offer new opportunities in speed and...
September 18, 2023
FinTech-as-a-Service firm Solid Financial is being accused of falsifying its revenue numbers to woo investors. A lengthy report published Monday (Sept. 18) by FinTech Business Weekly said the company appears to have undertaken a scheme to inflate its booked revenue to present a positive impression for potential backers, including data used in a Series B funding round. […]
