Category : Commerce

Reeco Raises $15 Million Series A Round to Modernize Hotel Procurement with AI-Driven Procure-to-Pay Platform
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Reeco Raises $15 Million Series A Round to Modernize Hotel Procurement with AI-Driven Procure-to-Pay Platform

PR Newswire
Funding will drive Reeco’s strategic growth initiatives as it streamlines back-of-house operations for North American hotels Reeco, the leading AI-driven procure-to-pay platform for the hospitality industry, announced it has secured $15 million in Series A funding. This investment will fuel the company’s strategic growth initiatives, including the accelerated advancement of the......
Upstart Unveils Enhanced Showroom and Auto Financing Solutions that Boost Dealership Sales, Elevate Customer Experience
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Upstart Unveils Enhanced Showroom and Auto Financing Solutions that Boost Dealership Sales, Elevate Customer Experience

Business Wire
Upstart, the leading AI lending marketplace, announced the largest and most significant set of product enhancements to the In-Store and Financing solutions on its Auto Retail platform. The enhancements empower dealerships to more easily configure and efficiently manage the sales process, desk deals, streamline financing workflows, and close sales more......
Airwallex Invests in Latin America Growth With Brazil and Mexico Entries
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Airwallex Invests in Latin America Growth With Brazil and Mexico Entries

Business Wire
Amid growing digitization and cross-border opportunities, Airwallex prepares to launch services in Latin America’s two largest economies. Airwallex secures payment institution license in Brazil, with plans to launch services in 2025. Airwallex finalizes acquisition of MexPago, paving the way for integration. Airwallex announced several milestones in its global expansion strategy: securing......
ePayPolicy Announces Quoting and Invoicing Tool for the Insurance Industry
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ePayPolicy Announces Quoting and Invoicing Tool for the Insurance Industry

PR Newswire
Quotes and Invoices offers insurance companies a powerful and modern quoting tool, with built-in digital payments and connected premium financing. ePayPolicy has released Quotes and Invoices as part of an ongoing series of updates to their insurance payments platform. The traditional quoting and invoicing process often involves many parties, including brokers, carriers, and......
Flexera to Acquire FinOps Business from NetApp, Inc. to Strengthen FinOps Portfolio
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Flexera to Acquire FinOps Business from NetApp, Inc. to Strengthen FinOps Portfolio

GlobeNewswire
Transaction enables customers and partners to address growing cloud cost and usage needs, enriches FinOps MSP ecosystem and adds container cost management to Flexera FinOps portfolio Flexera, the global leader in technology spend and risk management, has entered into a definitive agreement to acquire the Spot by NetApp FinOps business from......
InterPayments Appoints Former Discover Financial Services CEO and President, Roger Hochschild, to Its Board of Directors
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InterPayments Appoints Former Discover Financial Services CEO and President, Roger Hochschild, to Its Board of Directors

Business Wire
InterPayments, the leader in compliant managed surcharge solutions, announced the appointment of former CEO and president of Discover Financial Services, Roger Hochschild, to its board of directors. This strategic appointment underscores InterPayments’ mission to empower merchants to manage their cost of acceptance directly and through partnerships with US banks, payment......
Wultra Secures €3M to Protect Financial Institutions from Quantum Threats
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Wultra Secures €3M to Protect Financial Institutions from Quantum Threats

GlobeNewswire
Quantum computing is set to revolutionize technology, but it also presents a significant security risk for financial institutions. Czech cybersecurity startup Wultra has raised €3 million from Tensor Ventures, Elevator Ventures, and J&T Ventures to accelerate the development of its post-quantum authentication technology, safeguarding banks and fintech against the coming......
Canopy Connect Announces Integration with Encompass to Verify Insurance in Seconds
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Canopy Connect Announces Integration with Encompass to Verify Insurance in Seconds

EIN Presswire
Verify insurance from 91% of the homeowners insurance market Canopy Connect, a leading insurance verification technology provider, announced a new integration using the latest API framework from Intercontinental Exchange (ICE) for mortgage technology and available via the marketplace in the ICE digital lending platform. This modern framework enables industry participants to......
Dfns Secures $16M to Expand its Crypto Wallet Infrastructure for Finance
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Dfns Secures $16M to Expand its Crypto Wallet Infrastructure for Finance

Business Wire
Dfns, the leading wallet-as-a-service platform for crypto assets, has successfully closed a $16 million Series A, led by Further Ventures, the venture arm of Abu Dhabi’s largest sovereign wealth fund, ADQ. This round also saw participation from historic investors such as White Star Capital, Hashed, Semantic, Techstars, and Bpifrance, alongside......
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