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Corcentric Lands Financing For M&A Expansion

PYMNTS

Procurement and financial process automation firm Corcentric announced a new credit facility that it secured as it prepares to invest in expansion. “We’re continually investing in further improving our technology and solutions, benefiting our customers as we help them to transform procurement, accounts payable and billing.”

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Today In B2B: FLEETCOR's $1B M&A Plans; Statrys Lands Funding For SMB FinTech

PYMNTS

Today in B2B Payments, commercial payments technology firm FLEETCOR reveals $1 billion plans for M&A activity. FLEETCOR Looks To Invest $1B Despite Pandemic M&A Slowdown. FLEETCOR is looking to invest $1 billion this year, despite an M&A slowdown in the payments sector due to the ongoing pandemic.

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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

Further, this week’s B2B Venture Capital roundup finds VC funding isn’t the only investment strategy for B2B FinTechs, with (mergers and acquisitions) M&A activity seeking a spike, as well as some high-profile plans by industry players to go public. leading the investment. Cardlay, based in the U.K.,

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Corporate Payments Growth Fuels FLEETCOR Q4 Earnings

PYMNTS

Earnings-per-share (EPS) landed at $2.78, surpassing Zacks Investment Research expectations for $2.71 Clarke also noted that the company’s partnership with AvidXchange to launch its automated accounts payable (AP) solution ASAP is on path to become “a big, big deal” for the company.

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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Texas’ SpyCloud delivers protection against account takeover for its corporate clients. The company saw Bessemer Venture Partners lead the investment, while US Venture Partners, Costonoa Ventures, PeakSpan Capital, Hyde Park Angels and OurCrowd also participated, according to reports. PYMNTS breaks down the latest deals below.

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Middle Market Waits For Mobile Payments In AP: Capital One

PYMNTS

Large, multinational organizations have the resources to embrace disruption and invest in the tools that will bring it, but often find themselves too large to change quickly. Small businesses, while they may struggle to have the resources to invest in the tools they want, can be more agile and flexible to handle changing markets.

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Merger Combines Six T&E, AP Firms To Form Emburse

PYMNTS

Six corporate travel expense management and accounts payable (AP) solution providers are combining into a single company to form Emburse , according to a press release Thursday (Jan. Earlier this month, Coupa announced the acquisition of Yapta in another initiative aimed at streamlining corporate T&E management operations.