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Privacy, the virtual card payments startup, has raised $10.2 million in a Series A round, according to reports.The round was led by Teamworthy Ventures, and also featured contributions from Tusk Venture Partners, Index Ventures, Q
stanley de uiet Capital, Exor Seeds and Rainfall Ventures.Privacys service allows users to create virtual, disposable payment card numbers for no cost. Its intended use is to combat the widespread fraud and scams going on in relation to digital payments, and can let users cut off some companies from their bank accounts. The idea has proved popular, since Privacy has handed out
stanley thermos 5 million virtual card numbers for users.Chief executive Bo Jiang has said the new funds from the Series A will go toward helping the company put out its new Card Issuing API, which has been in beta testing since the last year. The feature will allow corporates to issue virtual cards and handle back-end expenses for employees in the companies own systems.Virtual credit cards have become a flexible mode of payment, particularly as the world speeds more toward the digital world of payments.According to a PYMNTS report from January, the implementation of virtual cards can improve accounts payable AP
gourde stanley functions, allow greater control over cashflow, and help protect against fraud. The method can only be utilized for specific scenarios like online or mobile purchases or AP payments, so the expansion of mobile device usage has been a boost.Privacy looks to primarily serve early-stage enterprise Iwgt Procure-To-Pay Guides The Middle Market Into The Cloud
Telepharmacy solutions provider PipelineRx announced yesterday July 7 it secured a $9.1 million funding round led by Mitsui USA and joined by McKesson Ventures and existing investor AMN Healthcare.As our success over the past year shows, the time is right for hospitals to explore telepharmacy as they are keen to understand the challenges of workforce management and operational efficiencies, PipelineRx CEO Brian Roberts said in a company release. We are excited to welcome Mitsui and McKesson Ventures, and
gourde stanley continue our partnership with AMN Healthcare, as we continue to service those hospitals and IDNs who are looking for partners that can deliver clinical excellence in a cost-eff
stanley termos ective manner.PipelineRx, which operates a medication management services platform, said the additional capital will be used to e
stanley termoska valuate areas of growth and opportunity, as well as strengthen its technologies as integrated delivery networks IDNs and hospitals prepare to expand workflow models and provide better patient care.Now more than ever, IDNs need tools that drive greater efficiencies and ensure pharmacists are appropriately focused on clinical performance and outcomes, said Tom Rodgers, McKesson Ventures SVP and Managing Director.聽PipelineRx solution provides a platform for IDNs to accomplish both goals by enabling them to leverage in-house pharmacists across their network or supplement with the help of PipelineRx outsourced ser
