Payem news and trends

Spend Management Firm PayEm Looks to Expand After Securing $220M
Investments // January 25, 2023

Spend management firm PayEm says it has received $220 million in equity and credit financing. “Our new warehouse credit will allow us to continue to grow our credit card operation and support our customers’ payment needs across the globe,” the company said on its blog...

PayEm Rolls Out Feature To Simplify Multiple Transactions
Payment Methods // November 08, 2021

Spend and procurement platform PayEm has debuted a new feature allowing finance teams to edit and sync numerous transactions at once, the company announced Nov. 3. According to Fintech & Finance News, the feature — termed One Click Reconciliation — is designed to fix the...

B2B Payments Today: Bringing Efficiency to Chemical Sales; PayEm, Clicklease Rake in Funding
B2B Payments // September 01, 2021

Today in B2B payments, PrimeRevenue enhances tools for receivables, and the global chemistry industry is primed for a digital overhaul. Plus, PayEm eyes growth with $27 million in funding, Easebuzz simplifies SMB payments and Clicklease raises $63 million to accelerate digitization. ‘Hyper-Growth’ and Global Demand...

‘Hyper Growth’ and Global Demand For Spend Management Luring Investors to B2B
B2B Payments // September 01, 2021

PayEm announced Wednesday (Sept. 1) that it has raised $27 million in funding that it plans to use to further grow its global spend management and procurement platform. The announcement comes after PayEm said it experienced “hyper-growth” in the second quarter, delivering a four-fold increase...

Quick Reads
PayEm Integrates Spend Management and Procurement Platform With American Express

June 21, 2023
PayEm has integrated its global spend management and procurement platform with American Express. This integration allows American Express Corporate and Business Card Members to use their existing account and PayEm’s platform to create and distribute on-demand virtual cards, PayEm said in a Wednesday (June 21) press release. “We are teaming up with American Express to give our customers access to […]

Spend Management Firm PayEm Looks to Expand After Securing $220M

January 25, 2023
Spend management firm PayEm says it has received $220 million in equity and credit financing. “Our new warehouse credit will allow us to continue to grow our credit card operation...