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Baselayer Raises $6.5M Seed Round to Redefine Business Risk with AI Risk Engine

Baselayer, a B2B platform utilizing proprietary Graph AI technology to fight fraud and optimize business onboarding, today announced its official emergence from stealth with a $6.5 million seed round and an experienced team of compliance and machine learning experts. Securing almost 30 customers in under 6 months, including Rho and one of the top-five loan infrastructure systems, Baselayer has expanded its total reach to over 25 million potential business accounts.

Thursday, May 2, 2024 - 10:39
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Financial IT
Unimarket Enhances Spend Management Platform with AP Payments as a Service

Unimarket, a global provider of spend management and source-to-pay solutions, today announced the US market expansion of 'Unimarket Payments,' a fully managed accounts payable (AP) payments service that optimizes, monetizes, and secures the entire payment lifecycle.

Thursday, May 2, 2024 - 10:28
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/news/management/unimarket-enhances-spend-management-platform-ap-payments-service
Financial IT
Tide Launches Business Accounts in Germany with Adyen

Tide, the UK’s leading business financial platform, has partnered with Adyen, the global financial technology platform of choice for leading businesses, to offer small and medium-sized businesses (SMBs) Tide business accounts, first in Germany before further European expansion.

Thursday, May 2, 2024 - 10:08
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/news/infrastructure/tide-launches-business-accounts-germany-adyen
Financial IT
DailyPay to Offer Earned Wage Access to Small Businesses Nationwide

DailyPay, a leading worktech company whose clients include America's leading employers, is expanding its capabilities by bringing its industry-leading earned wage access solution to small businesses nationwide. This marks the first time DailyPay will offer its product to all companies with 400 or fewer employees that are integrated with partnering payroll providers.

Thursday, May 2, 2024 - 10:03
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/news/payments/dailypay-offer-earned-wage-access-small-businesses-nationwide
Financial IT
Sezzle BNPL Encourages Financial Responsibility by Gamifying On-Time Payments

Sezzle, the leading Buy Now, Pay Later (BNPL) solution, is excited to announce the launch of Payment Streaks, a new feature designed to reward consumers for consistent and timely payments. Sezzle's free Payment Streaks loyalty tier program enables users to ascend through loyalty tiers by consistently making on-time payments. This initiative underscores Sezzle’s commitment to enhancing customer experience and fostering financial responsibility among its user base.

Thursday, May 2, 2024 - 10:01
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/news/payments/sezzle-bnpl-encourages-financial-responsibility-gamifying-time-payments
Financial IT
Checkout.com and Mastercard Partner to Bring Virtual Cards to Online Travel Agents

Checkout.com, a leading global digital payments provider, today announces a partnership with Mastercard to bring virtual cards to Online Travel Agents.

As part of the Mastercard Wholesale Program, which reduces costs for travel businesses through virtual card technology and an innovative pricing model, customers of Checkout.com will be able to pay their suppliers more easily and benefit from higher conversion rates by issuing virtual cards.

Thursday, May 2, 2024 - 09:53
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/news/e-payments/checkoutcom-and-mastercard-partner-bring-virtual-cards-online-travel-agents
Financial IT
Nexi and shopreme Partner to Elevate In-store Checkout Experiences for Consumers Across Europe

Nexi, the leading European PayTech, today announced a strategic collaboration with shopreme, a pioneer in advanced checkout technology. The partnership will see Nexi integrate shopreme’s self-checkout solutions into its merchant propositions. The move underscores Nexi and shopreme’s shared commitment to reshaping the in-store payments landscape, leading to an era of convenience, efficiency and innovation for European consumers and retailers.

Thursday, May 2, 2024 - 09:49
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/news/payments/nexi-and-shopreme-partner-elevate-store-checkout-experiences-consumers-across-europe
Financial IT
Transfergo and Tink Partner for International Money Transfers

TransferGo, the global fintech empowering a world on the move, has partnered with Tink, a market-leading payment services and data enrichment platform, to add Pay by Bank to its payments offering. TransferGo provides more accessible financial services by making international money transfers simpler, faster and lower cost. It operates in 160 countries and has more than 7 million customers.

Thursday, May 2, 2024 - 09:12
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/news/money-transfers/transfergo-and-tink-partner-international-money-transfers
Financial IT
Feedzai Bolsters C-suite with New Chief Financial Officer

Feedzai, the market leader in anti-fraud and financial crime software, has appointed corporate finance heavyweight David Larson as its new Chief Financial Officer as the firm enters its phase of growth and expansion. 

Thursday, May 2, 2024 - 09:06
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/news/people-moves/feedzai-bolsters-c-suite-new-chief-financial-officer
Financial IT
Lendbuzz Closes $100 Million Warehouse Facility With Mizuho Americas

Lendbuzz, an AI-based fintech company that helps consumers obtain better access to credit when purchasing a vehicle, announced today that it has closed a $100 million warehouse facility with Mizuho Americas.

Thursday, May 2, 2024 - 09:02
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/news/fundraising-news/lendbuzz-closes-100-million-warehouse-facility-mizuho-americas
Financial IT

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