Payments is a hot space, and more so for B2B payments. There are only so many players out there.

Impressive amount of traction for a young startup. It wants to be the connectivity layer between the eCom platform and all sorts of interesting B2B payment scenarios, so that as a merchant you don’t need to build these custom.

$50M at a $1B+ valuation is extremely unusual in this world. The headline says they want to acquire companies which means this is just a cash-flow raise. Strong positive signal.

The company is designed to streamline B2B payments to suppliers. Competitive space but payments is always hot.

While this is a crowded space, I would look for them in the IPO markets (perhaps SPAC) in the next two years tops.