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Amazon Business Invoicing Feature Takes Effect

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Amazon ‘s new payment option that allows business sellers to pay by invoice officially went into effect for third-party sellers on August 8. The eCommerce giant announced Pay by Invoice back in May. Instead, they’re invoiced and have the option to have an extended payment due date.

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Amazon Business Adds Invoicing, Allowing Buyers To Delay Payment

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Amazon Business is introducing a new invoicing feature that could impose cash flow pressure on sellers, according to AuctionBytes. sellers on the B2B eCommerce platform, advising them of the launch of Pay by Invoice. percent of the total invoice cost. The program reportedly launches on June 30 of this year.

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B2B eCommerce Tips The VC Scales

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India’s FinBox landed an undisclosed amount of pre-Series A funding, reports in Inc42 said this week, with investors at Arali Ventures leading the investment in the credit risk management technology startup. million in the B2B eCommerce startup, MENAbytes reports said. Funds and accounts advised by T. Clix Capital.

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How New B2B Payment Models Tackle The Buyer-Supplier Conflict

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Corporates want to delay payment as long as possible in order to better manage cash flow, while suppliers are pressed to accelerate accounts receivable to strengthen their own cash positions. As B2B eCommerce gains traction, the opportunity for consumer-like payment models will continue to grow, too.

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Startup DNA: Apruve Seeking To Streamline B2B Payment Through Platform

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Recently, it launched its B2B credit management platform, while the entire business has been backed by TTV Capital and Allegis Capital, to name a few. B2B eCommerce is growing rapidly, and there’s no de facto payment method to serve the specific needs of business buyers,” said Noble. The timing was right. And on the horizon now?

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Investors Make Last-Minute Play For B2B FinTechs

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Apruve provides financial management solutions for small businesses that operate in the B2B eCommerce space. According to reports, it enables companies to accept online orders from business customers and provides instant credit for their sales. ” Apruve integrates into eCommerce platforms like Shopify, Magento and BigCommerce.

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Fundbox Pay Expands To B2B Marketplaces

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The company said the focus on smaller firms and eCommerce comes as its own internal data has shown that as much as 24 percent of monthly revenues by small- to mid-sized businesses (SMBs) are tied up in accounts receivable or trade credit, which stymies cash flow. Fundbox noted that the opportunity within eCommerce is sizable.

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