“Today, companies care more than ever about where every dollar goes, which requires a new perspective,” Hoag told TechCrunch in an email interview. “In today’s economic environment, Teampay’s software-led approach has proven resilient — as we saw in late 2020 to 2021, when the economy rebounds, Teampay benefits disproportionately through accelerated growth … We increased our debt facility for additional flexibility in uncertain times.”

https://techcrunch.com/2022/11/30/teampay-expands-mastercard-deal-raises-47m-debt-equity/