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Logistics, Alt Lending Lead B2B Startup Funding

PYMNTS

The more than $1.593 billion raised by B2B startups this week showcases investors’ interest in business finance and payments. Freight forwarding technology firm Flexport has secured $1 billion in new funding, led by SoftBank’s Visino Fund, reports in CNBC said Thursday. In another major investment for a B2B startup, U.K.

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Why Supply Chain Execs Struggle To Analyze Costs

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Supply chain managers are less than impressed with the current solutions in place for cost analysis. Analysts surveyed supply chain professionals about the current cost analysis tactics they use. More than a quarter also said it is too much effort to obtain useful costing information.

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CloudTrade Steps Into Freight Invoicing Market

PYMNTS

“ CloudTrade ‘s patent-protected software uses unique, rules-based technology, with backward tracking search, to interpret, validate and extrapolate semantic meaning from complex documents, of any type,” explained CloudTrade Logistics Vice President Roger Hatfield in a statement. In an announcement on Thursday (Feb.