B2B fintech Plastiq files for bankruptcy, enters deal with Priority
The agreement is subject to approval from the Bankruptcy Court, and any better offers Plastiq may receive.
The agreement is subject to approval from the Bankruptcy Court, and any better offers Plastiq may receive.
The new entity, set to be worth $480 million, will continue to be headed up by CEO Eliot Buchanan.
Plastiq has raised more than $140m in funding since its founding in 2012.
US firm offers way to pay bills and business expenses by credit card.