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HSBC Partners With Extend, Accelerating Availability of Expense Management Solutions for Commercial Card Clients
Extend, a leading virtual card and spend management platform, announced a partnership with HSBC, one of the world’s largest banking and financial services organizations. HSBC will offer Extend solutions to its commercial card clients in the U.S. to help companies manage spending with the flexibility and control of virtual cards.
Coupa Software Enters Into Definitive Agreement to Be Acquired by Thoma Bravo for $8 Billion
Coupa Software, a leader in Business Spend Management (BSM), announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm. This is an all-cash transaction with an enterprise value of $8.0 billion. Upon completion of the transaction, Coupa will become a privately held company.
Amadeus Xchange Payment Platform Provides BNPL
A new service of Buy Now Pay Later (BNPL) solution serving the world’s top travel brands is partnering with Amadeus for U.S. and Canadian customers. Travel remains a big-ticket item for consumers and especially so when planning a family or long-haul trip.
Payments Automation Platform Plooto Raises $20M USD ($27M CAD) in Series B Funding
Plooto, a leader in end-to-end accounts payable and accounts receivable (AP/AR) automation software for small to medium-sized businesses (SMBs), announced the closing of $20M USD ($27M CAD) in Series B funding. The all-equity round was led by Centana Growth Partners, a specialized growth equity firm that invests in the future of finance, with participation from existing investors FINTOP Capital and Luge Capital.
3 Credit Unions Implement Bankjoy’s Business Banking Platform
Bankjoy, a digital banking provider, announced that three credit unions have expanded their relationship with Bankjoy and implemented its business banking platform to provide their business members with a best-in-class digital banking experience.
