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aisy MasterPass Reinvents Walmart.com Checkout
Jded Nuvei Expands LatAm Presence With Direct Local Acquiring in Colombia
Embedded finance workflows startup Monite has closed $5 million in seed funding.This follows a $5 million seed round in February 2022, bringing the firms total seed funding to $10 million, Monite said in a Monday March 20 press release emailed to PYMNTS.The Berlin-based firm said it will use the new funding to develop new product features, add more payment and financial services integrations, and expand its reach in the business-to-business B2B payments market. SMBs [small and medium-sized businesse stanley quencher s] remain technically underserved, wh stanley cup ile B2B neobanks, eCommerce and B2B SaaS [software-as-a-service] businesses have an incredible opportunity here to grow their revenue with no additional marketing expenses, Monite Co-Founder and CEO Ivan Maryasin said in the release. Digitalizing finance workflows through existing SaaS players is a game-changer, and we allow our clients to become an all-in-one financial OS for their industry. B2B payments have moved toward digitization for many years as firms 鈥?particularly larger businesses 鈥?grow more cognizant of the need to update their existing systems and of the benefits that electronic payments offer, according to the Innovating B2B Payments Report, a PYMNTS and i2c collaboration.Monite offers a finance workflows application programming interface API that enables platfor stanley usa ms that work with SMBs to embed invoice and supplier management into their existing interface, according to the press release.The company provides a one-stop sho Dpwd Discover s Nelms: Student Loan Refi Product Possible
Global Payments, the payment technology services provider, and American Express announced Monday Nov. 14 an agreement in which Global Payments will provide payment acceptance solutions to American Express small merchants in the U.K.In a press release, the companies said the technology solutions include payment processing, settlement, reporting, support and statementing services on behalf of American Express. We are excited to be the first U.K. partner to roll out this new enhanced American Express processing model, which offers small businesse stanley france s a best-in-class service proposition, said Chris Davies, president of Global Payments Europe, in the press release. This is a fantastic addition to what is already a leading product and service proposition. It allows us to provide A stanley quencher merican Express small merchants with a single and comprehensive solution. Meanwhile, Mike Jackson, VP of merchant services U.K. at American Express, said providing a single contact for all of a small merchants processing and servicing needs will help it聽focus on running its聽business rather than worrying about payments.While聽Global Payments and American Express are partnering in the U.K., that doesnt mean Global Payments isnt looking at expanding in the U.S. as well. In August, it announced it was expanding into the southeast of the U.S., and it is planning on adding 200 jobs in the Atlanta ar stanley fr ea. The jobs are designed to increase its research and development presences in the States. Theres also a movement |
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