“Comdata, Inc. , a FLEETCOR company and world leader in payment innovation, today announced a recent partnership with U.S. Xpress (NYSE: USX) to advance and enhance its fleet management operations. U.S. Xpress will implement use of Comdata’s OnRoad program to accommodate and facilitate both company and driver purchases.The Comdata OnRoad Card is a universally accepted MasterCard with access to both the Comdata Proprietary and MasterCard Signature Debit networks. With OnRoad, professional drivers can receive fund disbursements (payroll, settlements, reimbursements) and company funds all on one card. Drivers can use their funds for any personal needs, all with zero transaction fees*. The Proprietary side of the card works like a traditional fuel card, meaning there is access to real-time reporting and fleet controls on the card’s usage. Negotiated fuel discounts and discount fuel administration are also included.”

“Samir Desai, a co-founder and long term CEO of Funding Circle until the start of 2022, has raised a $30m round to launch a new fintech Super Payments. Desai, according to a repor t in Sky News, has backing from VCs including Accel, an investor in Funding Circle, and Local Globe, an early Facebook investor, as well as Union Ventures. Funding Circle was co-founded in 2010 by James Meekings , Andrew Mullinger and Desai, who is still a director of the business with a sizeable equity stake, as a peer-to-peer lender focused on the SME market.”

“Gr4vy , a cloud-native payments company, today announced new partnerships with Boku and EBANX to quickly give merchants access to local payment methods in new geographies. These partnerships will fuel international growth and revenue while reducing risk, resource burden and the overall total cost of ownership. Merchants can now access billions of emerging market consumers across Africa, Asia, Latin America, and the Middle East. Importantly, this comes at a time when the transaction value of digital commerce in Latin America is projected to increase 73%, and payment revenue in APAC is forecasted to reach $935 billion by 2025.”

“In line with its April 13 announcement that it’s making a “big push” into software , Brex has acquired Y Combinator-backed Pry Financials for $90 million, the company told TechCrunch exclusively. Founded in 2019, San Francisco-based financial planning software startup Pry raised $4.2 million in venture funding last year in a seed round of funding. Investors include Y Combinator, Global Founders Capital and Pioneer Fund, among others. The company’s software targets seed to Series B companies. Originally, Brex was a startup focused on startups. Specifically, it provided corporate cards aimed mainly at startups and SMBs. Over time, Brex has gradually evolved its model with the aim of serving as a “financial operating system” for companies of all sizes.”

“Versapay, the leader in Collaborative Accounts Receivable, announced today it has completed its acquisition of U.S.-based fintech company DadeSystems. The acquisition broadens Versapay’s suite of accounts receivable (AR) automation solutions and expands its AI and machine learning capabilities. It also expands the company’s enterprise and mid-market footprint while adding key talent to the growing Versapay team.”

“Today, Coda Payments (“Coda”), the world’s leading independent platform for digital content monetization, announced that a consortium of top-tier growth investors has acquired a minority stake in the company. Smash Capital, New York-based global private equity and venture capital firm Insight Partners, and Singapore’s sovereign-wealth fund GIC invested US$690 million to partner with the company during a period of rapid international expansion. Apis Growth Fund II, a private equity fund managed by Apis Partners LLP (“Apis Partners”), and the company’s other existing shareholders retain equity positions in Coda moving forward.”