Settle raised $145M Credit Facility with Silicon Valley Bank

Settle, the leading cash-flow management platform, announced it has secured up to $145 million credit facility with Silicon Valley Bank, a division of First Citizens Bank, increasing its capacity to support high-growth e-commerce and consumer brands and small businesses. Settle is a cash-flow management platform purpose-built for e-commerce and consumer brands with demanding inventory and cash conversion cycles. Settle provides a centralized hub to quickly and easily pay vendors, track payment status, manage invoices, and...

Momnt names Dory Black as Chief Legal Officer

Momnt, a leading financial technology company specializing in real-time lending and payment solutions for businesses, is delighted to announce the appointment of Dory Black as its new Chief Legal Officer. With her extensive experience in the financial and legal sectors, Dory brings a wealth of knowledge and expertise to the Momnt executive team. As the Chief Legal Officer, Dory will play a pivotal role in overseeing and enhancing the legal and regulatory framework of Momnt....

Visa and Hyundai Card ink strategic global data partnership

Visa, the world’s trusted leader in digital payments, and Hyundai Card, a leading credit card company in Korea, announced a strategic business partnership to pursue potential collaboration opportunities in the development of insights and value from payments data. The partnership signing ceremony was held at Visa’s headquarters in San Francisco, U.S., on June 21 (local time). Executive representatives of both companies, including Ted (Tae-young) Chung, Vice Chairman and CEO of Hyundai Card, and Ryan McInerney, CEO of Visa, attended...

Citcon Strategically Partners with Shoplazza

Citcon, a leading global payment solution provider, and Shoplazza, a cutting-edge e-commerce platform, are excited to announce a strategic partnership aimed at offering a significant advancement for e-commerce businesses. This collaboration brings together Citcon’s expertise in enabling global payments and Shoplazza’s innovative e-commerce platform, enhancing the customer shopping experience and empowering businesses of all sizes. Through this collaboration, merchants utilizing the Shoplazza platform gain access to Citcon’s robust payment ecosystem, enabling them to accept a...

doxo Earns 2023 Great Place To Work Certification™

doxo, the innovative, all-in-one bill payment platform, announced today it has been recognized as a Great Place To Work for 2023. The prestigious award is based entirely on what current employees say about their experience working at doxo, and survey results revealed that 93% of employees said doxo is a great place to work – 36 points higher than the average U.S. company. “We are honored to become Great Place To Work-Certified™ as we continue to hire...

OpenEnvoy Hires Doug Kurfess as Chief Revenue Officer

Gartner CFO & Finance Executive Conference 2023 — OpenEnvoy, which empowers finance teams to maximize cash flow by taking complete control of their inefficient payment processes, today announced the hiring of Doug Kurfess as Chief Revenue Officer (CRO). Kurfess joins OpenEnvoy to help expand customer relationships and accelerate sales growth of the company’s enterprise-grade, AI-powered accounts payable (AP) automation solutions. With unmatched speed and accuracy, OpenEnvoy’s AI-powered automation solutions help finance teams control inefficient AP processes – eliminating...

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