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In todays top payments news around the world, Pollinate has notched $50 million to bring its software business to North America and develop its platform technology, while The Rise Fund will invest $200 million in the mobile money business of Airtel Africa. Plus, Alibaba Group will reportedly host its Taobao Deals app on Tencent WeChats infrastructure.Pollinate Raises $50 Million To Enter North American MarketUnited Kingdom-based Pollinate has landed $50 million to bring its software business to North America and build out its platform technology. As it stands, the company is
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in advanced discussions with a number of banks in N
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orth America. Insight Partners headed up the Series C funding round, which also included investments from current backers.The Rise Fund Will Invest $200 Million In Airtel Africas Mobile Money ArmTPGs international impact investing platform The Rise Fund will provide Airtel Africas聽mobile money busi
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ness with a $200 million infusion. 聽 We look forward to working with Airtel Africa to enhance their mobile money services, broaden its use cases, and grow into new markets, 聽Yemi Lalude, who leads Africa investing for The Rise Fund, said in an announcement.Chinas Tencent To Host Alibabas Bargains App, Taobao DealsAlibaba Group will reportedly host its Taobao Deals bargains app on Tencents WeChat聽system. The move was said to be brought about by Chinas antitrust regulators, who are in the middle of an effort to reel in internet-based monopolies. Alibaba has report Jdwm Credit Suisse Considers Adding Risk Experts to Board
U.K.-based B4B Payments is partnering with Sage to combine their services to small businesses, the companies announced聽on Monday May 21 .Sage will offer its small business customers of its accounting and business services offerings in Spain B4B Payments existing expense management prepaid card solution. Sage will promote the card products to its network of account managers, the company said, while B4B will integrate transaction data from purchases made with the prepaid corporate card tools into the Sage accounting platform. The addition of B4B expense management cards to the Sage package offers our customers a very clear and valuable new benefit, said Sage VP, Partners Alliances, Jose Luis Mart铆n Zabala in a stateme
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nt. We are very pleased to be working with B4B as a strategic partner as they are making an important contribution to the continuing market leadership of Sage solutions. Through improved processes and a greater understanding of their expens
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e management, we can help [Sages] customers improve the financial wellbeing of their business, whether they are a startup or a global enterprise, added B4B Payments CEO Paul Winton in another statement. This is a great example of how large, established corporates can offer greater choice and value to their customers by partnering with FinTech innovators such as ourselves. The addition of prepaid corporate cards to its offering follows Sages integration of payments software Stripe, which adds invoicing capabili
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