AppBrilliance, a platform for real-time Account-to-Account payment acceptance, announced that it has closed a strategic investment from Truist Ventures, the corporate venture capital arm of Truist Financial. “AppBrilliance has developed an innovative platform that provides tangible benefits for businesses looking to reduce payment acceptance costs,” said Tarun Mehta, Head of Corporate Development and Truist Ventures. “Money API can reduce the user friction of real-time payments to a couple of clicks and has strong potential to impact the digital payments ecosystem. We look forward to working with them as they continue to grow.”
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