Espresso: Teampay Nets $47M for Purchasing Platform Expansion

All-in-one purchasing platform Teampay has raised $47 million in a Series B funding round. The firm will leverage the new capital to expand the accounts payable (AP) solution and cross-border payments functionality that are included in its enterprise offering, TeamPay said in a Wednesday (Nov. 30) press release. It will also increase its investments in sales and marketing [...]