Payments

We dive into how payment solutions are reimagining the banking systems of the future. 

Bill.com Secures $88M for B2B Digital Payments

On Our Radar: Deals we are paying attention to for their impact on industry. The cloud-based payments platform Bill.com has raised $88 million in a funding round led by Franklin Templeton. That puts the company’s overall valuation at above $1 billion, according to Forbes. Other funders in the round...

Nikhil Kalghatgi on Crypto: “Liquidity has improved, but it’s consolidated onto a handful of players.”

Strategic Investors: Profiles of investors with strategies to consider. Everyone involved in the busy, volatile space of blockchain and crypto can remember where they were when JP Morgan Chase boss Jamie Dimon derided cryptocurrencies as a “fraud” in 2017. And they tend to have the...

MineralTree Closes New Round Amid Growing Demand for AP Automation

On Our Radar: Deals we are paying attention to for their impact on industry. MineralTree, a Cambridge, Massachusetts-based provider of accounts payable and payment automation services, closed a $50 million equity investment to allow the company to add new capabilities to its “invoice-to-pay” system and...

Truepic Offers Banks and Insurers Image Verification Solutions, with a Side of Social Impact

Sound Businesses: Profiles of companies and business models we are keeping an eye on. At its core, Truepic is a free, consumer-facing app that allows anyone, anywhere to authenticate images. Recently celebrated by Fast Company magazine as the top startup in the social good category, Truepic certainly received a...

FIS Looks to Leverage Scale with Worldpay Inc. Acquisition

On Our Radar: Deals we are paying attention to for their impact on industry. Fidelity National Information Services Inc. (FIS), a Florida-based fintech giant, announced its purchase of payment processing and technology provider Worldpay Inc. in a statement on Monday as the two companies pursue scale, synergies...

OakNorth’s Valentina Kristensen: “We’re not coming to the United States to replicate what we’re doing in the United Kingdom.”

Sound Businesses: Profiles of companies and business models we are keeping an eye on. U.K.-based digital bank OakNorth Holdings Ltd. received a total of $440 million last month, including a $390 million investment from the Vision Fund of Japan’s SoftBank Group Corp. and the rest from the...
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