Capital Bank, N.A

FINTECH

Brex | August 19, 2021

U.S. fintech company Brex, the all-in-one finance solution for growing businesses, today announced its $50 million acquisition of Israeli-based Weav, which offers a universal API for commerce platforms. The acquisition allows Brex to expand its global presence by establishing an innovation hub in Israel. Brex offers credit cards, business cash accounts, spend management and bill pay software together in a single dashboard for its growing customer base, though it will continue to e...

CORE BANKING, FINTECH

Inswitch and Mastercard | September 30, 2022

Inswitch, a fintech technology company with focus on embedded solutions for banking and payments, and Mastercard International Incorporated have partnered to design and deliver digital payment solutions and issuing programs starting with selected countries across LAC. Inswitch will start issuing cards as a Mastercard principal member in Mexico, with plans to expand quickly to key markets in LAC and other regions in the future. This collaboration will allow the company to extend it...

BLOCKCHAIN

REPAY | January 04, 2022

Repay Holdings Corporation recently purchased Payix for up to $115 million. The acquisition was finalized over cash on hand. Repay also announced a $60 million increase in revolver capacity,with the goal of increasing its existing Revolving Credit Facility from $125 million to $185 million. Repay offers cohesive payment processing solutions to verticals, which possess precise transaction processing requirements. Its technological platform functions to reduce the complexity of elec...

PAYMENTS

Paymerang | December 20, 2021

Paymerang is using Amazon Web Services (AWS) to empower mid-market businesses to accelerate vendor payment and deliver world-class customer service. To support the rapid growth of the company, Paymerang uses five AWS products for its operations and client services. Paymerang chose AWS because it simplifies and streamlines many time-consuming administrative processes while elevating existing database operations. The low cost and reputable products made it an easy transition to AWS....