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In B2B, Embedded Payments Make For Attractive Acquisitions

PYMNTS

The news came against a backdrop where other announcements and activities have illuminated the attractiveness of B2B FinTech as an investment space. As reported earlier in this space, dealmaking to date in 2020 has included eCommerce-as-a-Service firm Mirakl securing a $300 million investment, and payments firm Zoop securing a $10.85

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Lightyear Forms ProfitSolv To Acquire Billing, Payments Solutions

PYMNTS

Vassallo , managing partner of Lightyear, said the work with ProfitSolv “reflects our long-term investment thesis that embedding payment solutions in vertically integrated, sector-specific software will continue to gain market share from more traditional software providers.”. “We

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Today In B2B: Revolut Debuts New Business Feature; MonetaGo Targets Trade Finance Fraud

PYMNTS

The scandal caused over $100 million in losses to hundreds of businesses and individuals upon its collapse in August of last year, the report says, when their paychecks didn't go through after CEO Michael Mann , or someone else near the top of the company, moved workers' money into a private account used for embezzlement.

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