FTV Capital, a growth equity firm with offices in San Francisco and New York, has invested in the StoneEagle Services’ VPay unit, a business-to-business payment processing platform, Laura Cooper reports for LBO Wire. VPay offers a virtual card that is designed specifically for processing insurance claim payments. The card is delivered to the payee and is processed like a credit card transaction.

http://blogs.wsj.com/privateequity/2016/02/17/the-morning-leverage-ftv-capital-backs-business-to-business-payment-processor-vpay/