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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Indeed, WeWork’s recent troubles have shaken confidence in the tech startup funding environment. Venture Capital Funding. Cardlay, based in the U.K., Also in the U.K.,

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M&A, Open Banking Drive Commercial Card Innovation

PYMNTS

Payhawk is able to operate in unison with businesses’ existing bank accounts, however, thanks to Europe’s PSD2 and open banking regulations. Brex Goes on Acquisition Spree. This week, corporate card startup Brex announced the acquisition of three companies to strengthen its card offering.