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Israeli fintech: PayZen emerges to solve healthcare payments & Mesh modernizes SME financials
Israeli startup PayZen lands Seed funding to revolutionize the way healthcare centers collect and patients pay their bills; and Mesh Payments also adds to its bank, closing a good week for Israeli fintech. Idan Ben Tovim /
PayZen offers a win-win for U.S. healthcare and patients
As the COVID-19 pandemic adds millions more to the healthcare dependence list, hospitals find themselves on the brink of financial ruin, with elective treatments put on hold, and patients faulting on hospital bill payments due to growing unemployment and excessive out-of-pocket healthcare costs. Nevertheless, a new Israeli fintech startup, PayZen, wants to pay hospital bills upfront, while offering fee-free payment plans for patients.
Mesh Payments Raises $13M to Transform the Way Companies Manage Corporate Payments Without Corporate Cards
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NEW YORK, Feb. 9, 2021 /PRNewswire/ Mesh Payments, a startup that is transforming the way corporate payments are processed, paid and managed, announced today that it has raised a $13 million financing round, led by TLV Partners, with participation from Meron Capital, R-Squared Ventures, an angel fund founded by industry pioneers Roy Rubin and Roy Erez, and a consortium of fintech founders and investors led by fintech VC Ryan Gilbert. The funding will be used to expand the company s sales and marketing efforts, as well as accelerate the establishment of strategic partnerships with leading management platforms to seamlessly integrate with companies corporate financial workflows. The funding round follows a notable year in which Mesh grew rapidly, increasing x20 in paying customers.