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- POSaBIT Systems Corp., a point-of-sale system provider for the cannabis industry, announced a private placement of more than 5.8 million shares that generated approximately C$47.7 million ($3.6 million) that will help support its launch in eight U.S. state by year’s end.
- Corpay, a payments-technology unit of the U.S.-based payments provider Fleetcor, said it will manage payments and foreign-exchange exposure for 4,000 business-to-business suppliers operating on PracBiz Pte Ltd., operator of the supply-chain platform PracBiz Exchange, which operates across the Asia-Pacific region.
- Mastercard Inc.’s board of directors declared a quarterly cash dividend of 49 cents per share will be paid Aug. 9 to holders of record of the company’s Class A and Class B common stock as of July 8.
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