Today’s issue of WorkCompRecap features some payment related news, starting with Sapiens’ announcement of a new partnership with VPay that will extend digital payment services to workers’ compensation insurers. As part of a joint offering with Sapiens’ GO for workers’ compensation, the solution aims to provide insurers a complete digital payment platform. Find out more by clicking here!
Also in payments news today is the announcement from InsurePay that it has completed a $5 million Series A round of financing led by Nashville-based VC firm FINTOP Capital, with participation from other strategic industry investors. The funds will help the company aggressively expand sales and marketing efforts, accelerate product investments, and support the addition of new personnel. Joe Maxwell and Rick Holton of FINTOP Capital will join the board. Find out more by clicking here!