PYMNTS

JUNE 25, 2018

The world’s startups are having a good year. With so much money up for grabs, it may come as a surprise that startups often struggle to get approved for a credit card, even after a lucrative funding round. Though a startup could secure millions in venture capital funding, it could still take years to turn a profit.

Startups 52

Startups Banking Profit and Loss Healthcare 52

PYMNTS

JUNE 19, 2020

It was a big week for B2B FinTech startups in Latin America. Also based in Brazil, Remessa Online secured $21 million in funding, Contxto reported this week, with investors backing the FinTech’s B2B money transfer offering. ” Authenticiti did not say what it plans to do with the funding. Remessa Online.

B2B 73

B2B Startups Reconciliations Financial Data 73

Spreadym

JULY 21, 2023

Key components of digital transformation in finance include: Automation and Artificial Intelligence (AI) : Implementing AI algorithms and robotic process automation (RPA) to streamline repetitive tasks, such as data entry, customer support, and fraud detection, leading to reduced costs and increased accuracy.

Finance 52

Finance Prioritization Compliance Leverage 52

PYMNTS

OCTOBER 17, 2019

Online banking startup Chime has been hit with an outage that has left its 5 million customers with no access to their money. We can assure you all account information remains secure, and no personal or financial data is at risk.”.

Banking 42

Banking Valuation Startups Leadership 42

PYMNTS

JUNE 8, 2020

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. Open banking connections enable third-party apps to provide more convenient, insightful and tailored services thanks to banking customer data.

Banking 60

Banking Accounts Payable Securities Accounting 60

PYMNTS

NOVEMBER 6, 2019

Experian , VoPay and QuickBooks leaned into the API opportunity via a range of B2B financial services use cases, including small business loan application, online accounting, bank account opening and a solution offering small businesses an alternative to card payment processing. Experian Leans Into The API. .

Banking 40

Banking B2B Startups Accounting 40

PYMNTS

NOVEMBER 21, 2019

The Silicon-based startup, launched in 2013, uses a unified application programming interface (API) to link FinTech apps with people’s bank accounts. earlier this year, Plaid has landed FinTech clients, like the budget app Cleo and the accounting app Pandle. Plaid says it has integrated with 15,000 banks in the U.S. and Canada.

Valuation 46

Valuation Budgeting Banking Startups 46

PYMNTS

FEBRUARY 7, 2017

Plaid Technologies, a startup that helps FinTechs like Venmo and Lending Club access their customers’ bank accounts, has raised $44 million in a Series B round of venture capital funding. According to a report , the venture units of Citi and Amex took part in the latest round of fundraising.

Technology 49

Technology Startups Financial Data Accounting 49

PYMNTS

FEBRUARY 23, 2017

But in order for these FinTechs to operate properly, they often need the financial data housed by those banks. SME cloud accounting firm Xero has had to navigate this data sharing climate and seems to be succeeding. .” And just this January, several FinTech startups in the U.S. “It’s their data.

Banking 40

Banking Financial Data Securities Accounting 40

PYMNTS

FEBRUARY 10, 2017

B2B payments, alternative SME finance, enterprise cybersecurity, data management and logistics all secured a financial boost — find out which startup scored the most in our breakdown below. Enterpay enables businesses to pay without credit cards when making purchases online using invoice data, reports said.

B2B 51

B2B Startups Securities Investments 51

PYMNTS

MAY 6, 2016

There hadn’t been any investments in B2B finance and payments startups in the first half of the week, a void that casts doubt on those earlier reports of investors cozying up to startups targeting businesses, not consumers. Accounting. Turns out, it wasn’t a total bust. Fleet Management. The structural shift in the U.S.

B2B 41

B2B Investments Startups Financial Data 41

Spreadym

JUNE 19, 2023

Manage Accounts Receivable: Monitor your accounts receivable closely, ensuring that customers pay their invoices on time. If shortfalls are projected, proactively develop strategies to address them, such as securing additional financing or adjusting expenses. Optimize Cash Flow: Identify opportunities to enhance your cash flow.

Cash Flow Forecasting 52

Cash Flow Forecasting Invoicing Forecasting Accounts Payable 52

PYMNTS

JUNE 28, 2019

It wasn’t the only corporate T&E firm that secured new funding, though, nor was it the only B2B FinTech that raised venture capital. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5 million in funding for its technology, reports said this week.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

APRIL 7, 2017

This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. In India, enterprise SaaS startup Whatfix announced its own $3.7

B2B 43

B2B B2C Startups eCommerce 43

PYMNTS

DECEMBER 13, 2017

A few bank scandals and research highlighting smaller companies’ frustrations with traditional financial institutions (FIs) have ushered in a wave of challenger banks in the U.K., Traditional accounting software, even solutions designed for small businesses, often fall short when it comes to addressing freelancers’ demands.

Banking 40

Banking Securities Finance Financial Data 40

Spreadym

AUGUST 10, 2023

When choosing the best financial reporting software solution, it's important to consider factors such as ease of use, scalability, integration with existing systems, compliance with accounting standards, cost, customer support, and any unique requirements your organization might have.

Financial Reporting 52

Financial Reporting Financial Planning and Analysis (FP&A) CFO Accounting Standards 52

PYMNTS

JANUARY 8, 2021

B2B FinTech startups have stepped into 2021 with a bang, as industry players raised more than $910 million in combined funding. Zerone is an India-based startup enabling small and medium-sized businesses to turn smartphones into payment terminals. France-based small business accounting technology startup Pennylane has secured $18.4

B2B 81

B2B Investments Startups eCommerce 81

PYMNTS

DECEMBER 13, 2019

These challenger banks are now competing with an emerging group of financial startups, which are coming armed with innovative technologies and specialized products of their own. Established challenger banks are now vying for customers against newer financial startups, especially those in the crowded European banking market.

Startups 53

Startups Banking Securities Accounting 53

The Finance Weekly

APRIL 13, 2024

Conversely, business finance software caters to the more complex financial needs of businesses, offering tools to track income and expenditure, generate financial reports, and handle accounts receivable and payable effectively. Streamline manual data. Contact Their sales team for a custom quote.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

PYMNTS

AUGUST 29, 2019

Data from PYMNTS’ Credit Union Innovation Index found that 60.8 percent of members would not leave their credit unions (CUs) for different financial institutions that offered the same services. percent wanting their CUs to invest more in security and 19.5 Security practices could also be greatly improved in open banking systems.

Banking 63

Banking Securities Forecasting Communication 63

PYMNTS

DECEMBER 26, 2018

For example, the implementation of PSD2 across Europe is opening up financial data to FinTech firms and developers across all sectors, revolutionizing the way these entities work. report, and found that SMEs continue to trust high street banks over startups with their financial data.

Banking 51

Banking Financial Data Invoicing Manufacturing 51

PYMNTS

JULY 6, 2018

One of them is Canada , which has yet to enact Open Banking requirements for its financial services market, yet the industry and policymakers alike already appear poised to embrace a model that encourages the sharing of financial data across FinTech firms and FIs.

Banking 52

Banking Budgeting Financial Data Startups 52