B2B Payments

Align Commerce rebrands to Veem, closes $24m

Blockchain-based cross-border payments service provider Align Commerce has picked up $24m and rebranded to Veem. National Australia Bank (NAB) Ventures led the Series B round.

MYOB picks up Paycorp to expand payments power

Accounting software provider MYOB is expanding its payments capabilities with the acquisition of Paycorp for A$48m ($36m).

Exactuals scores $10m for entertainment industry payments

Complex payments provider Exactuals has raised $10m in a Series A round to modernise payments in the entertainment industry.

Dwolla swipes $6.85m for bank transfers API

Bank transfers software platform Dwolla has raised $6.85m in a new funding to coincide with the relaunch of its white-label API.

AvidXchange swipes $3.5m for automated payments

Payments automation service AvidXchange has raised $3.5m in a new round of equity funding according to an SEC filing. The financing comes from two investors that remain unnamed.

Alpha Payments Cloud valued at $250m following new round

Payments-as-a-service platform Alpha Payments Cloud has raised a new round of funding from Australian private equity firm First Quay Capital. Read more: www.fintechroundup.com

Nvoicepay grabs $10m to automate enterprise payments

Enterprise payments provider Nvoicepay has landed $10m in a growth equity funding round. The investment comes from Napier Park Financial Partners.

China UMS lands $297m from Everbright-IDG

China Union Pay Merchant Service (China UMS) has received a $297m investment from Everbright-IDG Industrial Fund.

AEVI secures €30m for payment services ecosystem

Germany payments and added services company AEVI has closed its Series B round at €30m. The funding comes in the form of a €20m investment from HPE Growth Capital and €10m from Adveq.

Payoneer lands $180m for cross-border business payments

Cross boarder payments service for businesses Payoneer has raised $180m in a round led by late-stage investor Technology Crossover Ventures (TCV).

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