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Routable Teams Up With FedNow for Expanded Instant Payments Coverage
Routable, the leading accounts payable automation platform, announced the availability of FedNow instant payments for Routable customers.
“With the rise in demand for instant payments, businesses are seeking greater flexibility. FedNow substantially increases our coverage for instant payments so we can better support our customers,” commented Omri Mor, Co-Founder and CEO of Routable. “By expanding access to instant payments, our customers have more control over when and how to pay their vendors and contractors.”
With FedNow augmenting Routable’s existing Real-Time Payments (RTP) offering, Routable customers now have the ability to send instant payments to up to 85% of US bank accounts. In particular, FedNow expands instant payment availability for customers transacting with smaller or regional banks.
Instant payments are available through Routable 24/7/365 so companies can send funds in seconds – even on weekends and holidays. Routable displays which vendors are eligible to receive instant payments, enabling customers to choose the best method for every payment.
“FedNow democratizes access to instant payments, enabling more financial institutions to participate,” said Abhijeet Ranadive, Chief Product Officer at Routable. “We are excited to bring this offering to our customers.”
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Street Wallet Secures $350K to Bring Cashless Payments to South Africa’s Informal Economy
Street Wallet, a South African fintech empowering informal traders and service providers with accessible, low-cost digital payment solutions, has successfully raised US$350,000 (R6.2 million) in a funding round that values the business at US$2 million (R35.5 million). The fresh capital will be leveraged to deepen market penetration, fuel higher sales growth, and expand the company’s footprint across South Africa.
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Street Wallet Secures $350K to Bring Cashless Payments to South Africa’s Informal Economy
Street Wallet, a South African fintech empowering informal traders and service providers with accessible, low-cost digital payment solutions, has successfully raised US$350,000 (R6.2 million) in a funding round that values the business at US$2 million (R35.5 million). The fresh capital will be leveraged to deepen market penetration, fuel higher sales growth, and expand the company’s footprint across South Africa.
Network International Expands Portfolio With Absa Bank
Network International has been chosen by Absa Business Banking as its digital payments technology partner
RainSure Breaks New Ground: Insurance That Pays Out Starting at .01 Inches of Rain
Vortex Weather Insurance is pleased to introduce RainSure, the latest addition to their parametric rain insurance products
Growfin Partners with Zuora to Transform Accounts Receivable for the Enterprise
Growfin announced a partnership with Zuora to help enterprise companies enable the power of AI to transform quote-to-cash operations
Q2 Announces Dual Listing on NYSE Texas
Q2 announced the dual listing of its common stock on NYSE Texas, based in Dallas, Texas
Block Unveils Proto Rig and Proto Fleet, Marking a New Era in Bitcoin Mining
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