Paystand Secures $50 Million in Funding and other Digital Transactions News briefs from 7/23/21

Blockchain-based business-to-business payments network Paystand Inc. announced a $50-million Series C funding round led by NewView Capital.
Payments provider Paystone Inc. received a $30-million investment from Credit Mutuel Equity. Paystone said it will use the funds to fuel growth.
ForumPay, whose technology converts cryptocurrency spent by consumers into fiat currency for processing, said it will work with payments provider Bambora to broaden its reach globally. There are 54 million active cryptocurrency-wallet users around the world, according to ForumPay.
Fintech POSaBIT, which provides blockchain-enabled payment processing and point-of-sale systems for cash-only businesses, said Louis Camhi joined its board of directors. An investor now, Camhi has held analyst positions at multiple investment firms.

Digital Transactions Authoritative, insightful and timely information for payments professionals