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Small Business FinTech Takes Center Stage With VCs

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raised venture capital for their SMB-facing tools, including global payments, accounting and banking. Targeting China’s SMB community, XTransfer provides cross-border payments, collection and foreign exchange solutions, with its eye fixed on exporters. Businesses across Asia, South Africa, the U.K. GreenSlate.

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Robotics Process Automation Rakes In The VC Cash

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RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers.

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Meet Facebook Libra’s Founding Architects

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Under the SWIFT pilot, the participating banks — Banque Internationale á Luxembourg, BBVA, Deutsche Bank, Natixis, Santander, Sberbank and UniCredit — will be able to transmit cross-border payments in real time, as well as use TIPS to settle them and provide instant crediting to recipients’ bank accounts. The platform will support the U.S.

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Investors Open Their Wallets For B2B Payments Efficiency

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It was another stellar week for B2B FinTech startups, which announced a collective $191.8 Funding rounds this week were all about the startups that help businesses get paid faster, through more channels, more securely, regardless of geographical location. million in venture capital and growth equity investment this week. IbanF irst.

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Non-Bank For SMEs Gets $2M Seed Backing

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Small business banking firm Tide positions itself as the “world’s first” mobile-first banking tool for SMEs and boasts its speedy services for small businesses looking to set up a bank account. Business owners can submit invoices or upload receipts directly from the app , the firm said.

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Asia Scores Big In B2B

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With nearly $50 million in venture capital funding for B2B startups this week, the field didn’t fare too bad. With $3 million in new venture capital, Australia-based Airwallex is helping businesses pay and issue cross-border invoices in the currency of their choice. Check out our breakdown of all the deals below.

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B2B eCommerce Tips The VC Scales

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More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. India-based expense management startup Fyle announced $4.5

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