B2B Payments Today: Investments Keep Flowing; Grovara Marketplace Hits 1K Buyers

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Today successful B2B payments: Grovara hits quadruple digits successful online B2B marketplace buyers. Plus, investors descend large bucks into LevaData, Sayari Labs and Melio.

Supply Management Firm LevaData Raises $47M

Supply absorption bundle institution LevaData has closed a $47 cardinal Series C backing circular led by Banneker Partners, according to a property merchandise connected Monday (Sept. 13).

LevaData besides got contributions from existing capitalist Tola Capital successful its latest fundraising effort, which it plans to usage — on with its concern with Banneker — to grow its level capabilities, grow into cardinal planetary markets and make hundreds of caller jobs. The wealth volition besides assistance LevaData grow its existing partnerships with its clients.

Sayari Labs Raises $40M to Boost Trade Transparency

Financial quality and proviso concatenation hazard solution steadfast Sayari Labs has raised $40 cardinal successful a Series C backing circular to goose its enlargement plans and summation transparency for planetary concern and trade, according to a property merchandise connected Tuesday (Sept. 14).

There are astir 200 endeavor customers — including authorities agencies, fiscal institutions and multinational corporations — utilizing Sayari’s services to amended transparency, trim hazard and combat crime.

Grovara’s B2B Marketplace Streamlines Exportation Process for US Wellness Brands

Philadelphia-based online B2B marketplace Grovara announced successful a Sept. 9 property merchandise that the fig of buyers utilizing its level had topped 1,000 and that it had consecutive months of company-best income volume.

That milestone comes six months aft Grovara raised $5.5 million, which allowed the institution to triple its worker headcount and grow its beingness successful Latin America and Asia to conscionable accrued purchaser demand.

B2B Payments Platform Melio Raises $250M astatine $4B Valuation

B2B payments level Melio raised $250 cardinal successful its astir caller backing round, putting the institution astatine a $4 cardinal valuation, according to a property merchandise connected Tuesday (Sept. 14).

Melio’s supporters successful its Series D backing circular came chiefly from New York-based capitalist Thrive Capital and existing capitalist General Catalyst. U.S. concern steadfast Tiger Global Management besides contributed to the latest fundraising efforts, arsenic did existing investors Accel, Bessemer, Coatue, Corner Ventures and Latitude. Melio raised $110 cardinal successful a backing circular successful January.

The latest influx of currency volition assistance Melio spouse with caller fiscal institutions, bundle providers and marketplaces connected near-instant payments, the merchandise says. The institution has accrued its monthly processing volumes by 5,000% successful the past 18 months.

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