Search Results for "Sage"
5 results for "Sage"
Deals 5
American Fintech Council Backs Bank-Fintech Partnership Enhancement Act
The American Fintech Council publicly urged passage of the Bank-Fintech Partnership Enhancement Act (H.R. 6552), calling for a federal study on bank-fintech partnerships' impacts on community banks, innovation, and consumer protection. The advocacy effort highlights growing legislative attention to the regulatory framework governing BaaS and embedded finance relationships.
Paygentic Raises $2M Seed for AI-Native Billing Infrastructure APIs
San Francisco-based Paygentic raised a $2M seed round led by MiddleGame Ventures. The startup builds modular APIs for billing, payments, and reconciliation tailored to AI-native platforms. Its infrastructure handles usage-based and microtransaction pricing models increasingly demanded by AI-driven services.
Fortis Reports Massive 2023 Growth in Embedded Payments
Fortis reported transformational growth in embedded payments for 2023, citing partnerships with Sage and Acumatica for ERP-integrated card transactions and data enrichment. The company's strategy focuses on embedding payments directly into business software platforms. These partnerships expand embedded payment capabilities within enterprise resource planning ecosystems.
Mastercard and EnKash Alliance to Expand B2B Card Payments in India
Mastercard and EnKash announced an alliance to expand commercial card usage for B2B payments in India. The partnership embeds commercial card acceptance and supplier payment services into EnKash's platform. It aims to digitize B2B transactions for Indian businesses.
Elavon Acquires UK Payment Gateway Sage Pay for $300 Million
US Bancorp subsidiary Elavon agreed to acquire Sage Pay, a UK and Ireland payment gateway, from Sage Group for $300 million (£232 million). The deal positioned Sage Group to refocus on SaaS while partnering for payments and banking services. Sage Pay competed with Stripe, PayPal, and Adyen in the payment gateway space.