Paystand acquires Teampay to be DeFi version of ‘Venmo for B2B payments’

Paystand acquires Teampay to be DeFi version of ‘Venmo for B2B payments’

a week ago
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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.