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Corporate Cards Flex Their Rewards Muscles To Support Business Growth

PYMNTS

Divvy Lands $165 Million For Spend Management Tech. Divvy, based in Utah, offers businesses an integrated spend management platform connected with a corporate card offering. In a statement, Neat CEO David Rosa said the card "gives SMEs [small and medium-sized enterprises] the flexibility and control they need over their spending.".

Utah 102
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Funding Lands T&E Firm TripActions $4B Valuation

PYMNTS

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. million in funding for its technology, reports said this week. Prime Venture Partners provided the investment, reports said.

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G7 Prepares For Cross-Border Malware Simulation

PYMNTS

Most have deployed automated network-scanning technologies, and about one-third have in place their own security operation centers, researchers found. The company surveyed industry IT professionals in the U.S., Interestingly, one-third said their ransomware attack incident response plans involve paying the ransom.

Wyoming 51
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Data, Business Intelligence And Security Lead B2B Funding

PYMNTS

This week’s look at the latest funding for B2B FinTech and other startups showcases an investor appetite for security, data and business intelligence, with nearly $63.5 Focused on mitigating third-party risk for B2B buyers and suppliers, Utah-based Whistic recently announced a $12 million Series A investment round, FinNSMEs reported.

B2B 66
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B2B FinTech Bucks The VC Slump

PYMNTS

This week, the B2B FinTech startup space bucked any notion of a VC downturn with several high-value deals, and one of the busiest VC investment roundup weeks for the B2B space so far this year. Below, PYMNTS breaks down how more than $516 million in venture capital was spread across B2B FinTech firms.

B2B 64