Today in B2B payments, Walmart announces upcoming changes to its data monetization platform, Toast helps restaurants with catering and wholesale orders, and Nuvei adds a payments interface for businesses of all sizes. Plus, TripActions raises $300 million, while BNP Paribas agrees to buy Kantox. Walmart...
Travel and expense management platform TripActions has raised $300 million in a Series G round and said it will use the new funding to accelerate its global expansion. That expansion has already been underway as, over the past year, TripActions has acquired three travel management...
Business travel management startup TripActions is working with advisors to possibly file confidentially for an initial public offering (IPO). While there’s no timeline, the startup is weighing a public offering, Bloomberg reported on Thursday (Aug. 4), citing unnamed sources with insider information. Headquartered in Silicon...
TripActions is looking at a new round of funding with a higher value, highlighting the investor interest in travel tech companies as the industry recovers, according to Bloomberg on Tuesday (May 24). The new funding talks come with a $9 billion valuation for the company,...
April 23, 2021
The global pandemic shut business travel down a little over a year ago as workers relocated to their home offices and physical interactions between colleagues more or less rolled up the sidewalk for most of 2020. According to a business travel trade association, business travel reached a $1.4 trillion peak in 2019, and it took […]
October 28, 2020
B2B’s pain points when it comes to payments are well known — where paper checks dominate, where even the fax machine makes an appearance. But in a panel discussion with...
December 15, 2022
Business travel platform TripActions has tapped Airwallex for cross-border payment support. The companies said in a news release Thursday (Dec. 14) that Airwallex’s support will benefit TripActions Liquid, the company’s corporate card and expense management solution. “With support from Airwallex’s global payments and banking infrastructure, TripActions can further streamline travel and expense management experiences for […]
August 04, 2022
Business travel management startup TripActions is working with advisors to possibly file confidentially for an initial public offering (IPO). While there’s no timeline, the startup is weighing a public offering,...
May 24, 2022
TripActions is looking at a new round of funding with a higher value, highlighting the investor interest in travel tech companies as the industry recovers, according to Bloomberg on Tuesday...
October 13, 2021
TripActions Inc. is now valued at $7.25 billion after a recent $275 million funding round, as the corporate travel market continues to limp back to pre-pandemic levels. Although more companies...