To help firms make cross-border payments and manage logistics, among other tasks, a host of companies from the U.S. to the U.K. and India have revealed investments. This week’s B2B FinTech roundup finds an eCommerce fulfillment service provider from Chicago raising $200 million in new funding, while a U.K. payment and payout provider landed $7.5 million.
Chicago-based ShipBob, which provides fulfillment services for eCommerce, landed $200 million in a Bain Capital Ventures-led Series E funding round. The company intends to “accelerate [its] mission to provide world-class fulfillment to brands of all sizes around the world” with the infusion. ShipBob said it currently has two dozen fulfillment hubs in five nations that help over 5,000 companies.