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Shopwave and OvationCXM form Partnership to Elevate Point-of-Sale Systems for US Retail virtual-strategy.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from virtual-strategy.com Daily Mail and Mail on Sunday newspapers.
A California-based customer experience management company that is rebranding itself as OvationCXM announced it raised $20 million in a combined Series C and debt funding round that includes participation from KeyBank, JobsOhio Growth Capital Fund and JumpStart Ventures. ....
KeyBank Forms Strategic Alliance With XUP To Transform Merchant Services Key drives innovation through investment with leading fintech provider News provided by Share this article Share this article CLEVELAND, May 11, 2021 /PRNewswire/ KeyBank today announced its strategic affiliation with an equity investment in XUP Payments ( XUP ), a leading payments innovator, to deliver a digital and physical merchant services experience that provides an end-to-end streamlined process for sales, onboarding, activation, and servicing. This collaboration, along with the launch of the Key Merchant Services ( KMS ) improved acquisition and servicing website, marks the most recent in a series of partnerships with emerging fintech providers, affirming Key s commitment to bringing innovative, digital first solutions to market. Terms of the investment were not disclosed. ....
KeyBank invests in XUP Payments in latest fintech bid Key Tower in downtown Cleveland is the headquarters of KeyBank. KeyBank has made an equity investment in XUP Payments of North Carolina, a division of Midtown Consulting Group that formed in 2019. XUP which is short for transactions up is described as a vertically focused payment platform that provides a seamless connection between financial services, processors, merchants and ultimately customers. According to the company, XUP combines years of industry experience with deep payments and technology expertise to bring transaction-driving payment-processing solutions to health care, banking and logistics markets. Financial terms of the investment were not disclosed. Key declined to clarify whether its investment represents a minority or majority equity stake in the firm but noted it s the first commercial bank to invest in the technology. ....