Plastiq - FinTecBuzz

Priority Tech Closes New Credit Facilities at Lower Rate

August 5, 20252 min

Priority Technology Holdings, Inc., the payments and banking solution that streamlines collecting, storing, lending and sending money to unlock revenue opportunities, today announced the successful closing of $1.1 billion in new senior credit facilities, consisting of a $1 billion term loan with a 7-year maturity and a $100 million revolving credit facility with a 5-year maturity. The loan proceeds will be used to refinance existing debt, to satisfy outstanding obligations related to the 2023 acquisition...

by PRNewswire

Payments

Plastiq Launches Next Generation of “Plastiq Connect” at Money2020

October 26, 20225 min

Businesses can now natively embed supplier card and bank payment capabilities into any application

by BusinessWire

Payments

Plastiq Expands Short-Term Financing Offering

September 13, 20225 min

Embedded experience expands instant access to capital to maintain healthy cash flow and fuel sustainable growth.

by BusinessWire

Payments

Plastiq merges With Colonnade Acquisition Corp. II

August 5, 20229 min

Plastiq is at the center of payments between businesses and their suppliers, empowering SMBs with choice in payment methods, payables and receivables automation, and instant access to working capital Plastiq expects to use the transaction proceeds to invest in opportunities to further scale the business with a growing product suite that empowers SMBs with access to democratized financial services that boost cash flow Plastiq Inc., the B2B payment platform powering the small and midsize business (“SMB”)...

by PRNewswire

Payments

Former American Express OPEN President joins Plastiq

September 23, 20216 min

Plastiq, the leading smart payments platform for small and mid-sized businesses (SMBs), today announced the appointment of Kerry Hatch as its new President and board member. In her new position, Kerry will play a key role in accelerating the growth of the business by leading the product, engineering, talent, operations, business development, and go-to-market functions at Plastiq. “As an advisor to Plastiq for many years, Kerry is well versed in the goals of our company as well as the financial technology...