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FinTech news in Alpha Wave category

Blockchain startup PolyTrade raised seed round of $3.8M

“The biggest challenge in the global supply chain is the lack of transparency. The manual processes, the paperwork; you would be surprised if you submit a document in a bank in India, they still ask you to sign the document with an ink-based signature, it’s a lot of manual labor.”

Mobile Payments startup Mesh Payments raised Series C round of $60M

Founded in Israel and now with headquarters in New York, Mesh Payments is one of a growing group of startups focused on helping companies manage their spend through automation. Put simply, Mesh aims to help its clients automate, and get real-time insights about, their spend. For its part, Mesh says it saw its revenue run rate triple in the first half of 2022, since its November 2021 raise.