FastSpring is featured on its annual Inc. 5000 list for the 10th year in a row. The annual Inc. 5000 list is the most prestigious ranking of the nation’s fastest-growing private companies.
Find details here.
MSI, a developer of cloud-based field service management software, has partnered with PaySimple to bring mobile field service payment capture to customers of MSI’s Service Pro field service management solution.
Find details here.
American Express (NYSE: AXP) today announced that it has entered into an agreement to acquire substantially all of Kabbage, a leading financial technology company providing cash flow management solutions to small businesses in the U.S.
Find details here.
Routable — one of the simplest way to send and receive business-to-business payments — announced that the company has come out of stealth mode and raised $16 million with $12 million in Series A funding from Y Combinator, Founders Co-Op, Lee Fixel, Box Group as well as Liquid 2 Ventures, Jason Gardner, Gokul Rajaram, Aaron Schildkrout, Sam Hodges, Immad Akhund, and several others.
Find details here.
MasonHub Inc., the Los Angeles-based omnichannel fulfillment technology and services provider, and Returnly, the San Francisco-based digital return experiences and post-purchase payments company, announced an integration with the goal of offering consumers a “seamless end-to-end returns experience, optimizing operations and strengthening the increasingly important e-commerce landscape.”
Find details here.
Investors keep pouring money into fast-growing fintech AvidXchange with 14 of them signing on in an offering that began July 30. The net result: nearly $119 million in equity, although $7 million is being paid in sales commission.
Find details here.
Global blockchain payments provider BitPay announced on Tuesday it has expanded its integration with cryptocurrency platform Coinbase to enable instant, no fee blockchain payments. BitPay claims that the upgrade makes it easier for Coinbase users to spend crypto including USD Coin, Bitcoin, Ethereum and other cryptocurrencies at BitPay enabled merchants directly from a Coinbase account. The enhancements also notably allow consumers to make payments directly from the Coinbase account to BitPay merchants, eliminating the peer to peer movement of funds.
Find details here.
