Paystand acquires Teampay to be DeFi version of ‘Venmo for B2B payments’
https://techcrunch.com/2024/04/25/paystand-teampay-defi-venmo-b2b-payments/
Paystand has acquired spend management software startup Teampay to create what the companies describe as a “no-fee B2B digital payment and spend powerhouse.”
Financial terms of the deal were not disclosed. Teampay has raised $65 million since it was founded in 2016.