Cash management

162 articles tagged with this keyword

/startups

SMB financial management platform Mimo raises $8.5m

Mimo, a UK-based platform for simplifying global payments, cash flow, and financial management for SMBs and accountants, has raised $8.5 million in an equity round led by Project A and joined by Northzone and Seedcamp.

/startups

Flex raises $25m to build all-in-one business and personal financial management platform

Flex, a fintech that helps business owners automate their back offices, has raised $25 million in an equity round led by Titanium Ventures.

/wholesale

Ramp valuation hits $13 billion

Finance automation and corporate credit card platform Ramp has hit a $13 billion valuation after investors purchased $150 million in secondaries from employees and early backers.

/wholesale

Treasury management fintech Embat buys Necto

Madrid-based treasury management startup Embat has acquired Necto, a US bank API connectivity specialist. Financial terms were not disclosed.

/wholesale

Citi and PayPal join $18.5 million round in Finmo

The venture arms of Citi and PayPal have joined with Quona Capital to support an $18.5 million investment round in treasury operating system Finmo.

/wholesale

Pleo enters treasury space

With UK businesses anticipating a tough 2025, spend management platform Pleo is entering the treasury space with a new cash management offering.

/payments

Sweden's Open Payments raises €3 million

Swedish B2B open banking platform, Open Payments, has raised €3 million in a funding round led by Alfvén & Didrikson, with participation from Industrifonden and other existing investors.

/wholesale

Ramp launches treasury product

Finance automation and corporate credit card startup Ramp has launched a treasury product that lets clients store cash in a business account and earn interest.

/crypto

Standard Chartered inks reserve management deal for Paxos stablecoins

Standard Chartered has agreed a deal to provide cash management, trading, and custody services for Paxos stablecoins.

/payments

Morgan Stanley invests $20m in NovoPayment

Morgan Stanley Expansion Capital has invested $20 million in embedded financial and payment infrastructure service provider NovoPayment.

/payments

Treasury management platform Agicap closes on €45 million Series C

French treasury management platform Agicap has closed on a €45 million Series C funding round led by AVP.

/wholesale

Standard Chartered and Ant International use blockchain for settlement of treasury transactions

Standard Chartered has used Ant Internal's Whale blockchain platform to deliver settlement of HKD-denominated intra-group transactions between various ANT entitites.

/payments

Citi Token Services for Cash goes live

Citi's Token Services for Cash has gone live, enabling institutional clients to move money between branches around the world 24/7.

/payments

DBS tokenizes treasury management for Ant International

Singapore's DBS is collaborating with Ant International on a blockchain-based tokenization project for 24/7 intra-group treasury and liquidity management.

/startups

‘Real money to be made’ in treasury management says Bound CEO

Opening the final day of Money 20/20 Europe was a session exploring whether treasury management is broken.

/payments

NextGen Nordics 2024: Untangling Request-to-Pay

In a panel session discussing the current state of play of Request-to-Pay in the Nordics, Finextra’s head of research Gary Wright spoke with Per Nilson, business development manager at Bankgirot, Anders Olofsson, head of PaaS at Tietoevry Banking, and Paul Francis Walvik-Joynt, senior vice president of real-time payments at Mastercard.

/wholesale

SMB financial management platform Mimo raises £15.5m

Mimo, a platform designed to simplify business-to-business payments, has raised £15.5 million in an investment round led by Northzone.

/payments

Greggs storefronts reopen after payment processing issues

UK bakery chain Greggs was forced to temporarily close several stores due to payment processing issues, following similar issues faced by other UK retailers over the weekend.

/payments

NextGen Nordics 2024: Top Nordics payments stories you’ve missed this year

Finextra is returning to Stockholm for the annual NextGen Nordics event. Attendees can expect in-depth conversations on a variety of topics and much more.

/payments

Swedish central bank calls for legislation to protect cash

Even as cash usage continues to fall in Sweden, legislation is needed to ensure that people can pay with notes and coins, says the central bank governor.