PYMNTS

NOVEMBER 20, 2020

Today in B2B payments, Wells Fargo rolls out its virtual card services for B2B payments, while PayPal Ventures makes a B2B payments investment. PayPal Ventures Invests $11.9M PayPal Ventures Invests $11.9M Wells Fargo Debuts Digital Supplier Payment Tool. The financial services giant on Thursday (Nov.

B2B

PYMNTS

JANUARY 22, 2021

Today in B2B payments, TripActions announces new funding that values the T&E startup at $5 billion, while OneSource Virtual launches invoice payment capabilities. Plus, iBanFirst launches B2B payment traceability tool, Georges rebrands with new funding, and HashCash partners with a bank on blockchain payments.

Invoicing

PYMNTS

NOVEMBER 18, 2020

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. The new investment will be used to further expand its global footprint as well as improve its tools and capabilities. . 18) press release.

B2B

PYMNTS

NOVEMBER 3, 2020

Today in B2B, Bloomberg broadens its credit risk data pool, and two ERP solutions secure B2B payments integrations. Plus, Everlink strikes a partnership for real-time B2B payments. Everlink, FINTAINIUM Team Up To Offer Real-Time B2B, B2C Payments. Palette Software Integrates With Aptean ERP For B2B AP Automation.

Credit Risk

PYMNTS

JANUARY 16, 2020

B2B invoicing and payments firm Crowdz has announced a new pilot aimed at connecting businesses to crowdfunding services to finance their unpaid invoices. 16), Crowdz announced it is rolling out what it claims to be the world’s first invoice financing marketplace, InvoiceXchange, in pilot phase.

Invoicing

PYMNTS

MAY 13, 2020

Late payments have always plagued business-to-business (B2B) commerce, but the problem is coming to a new head. Accounts payable (AP) tools that provide quick, detailed oversights of businesses’ financial statuses and payments obligations can help pick up the pace of payments by keeping invoice approval processes on track.

Invoicing

PYMNTS

SEPTEMBER 18, 2020

Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability. eFileCabinet.

B2B

PYMNTS

OCTOBER 28, 2020

B2B ’s pain points when it comes to payments are well known — where paper checks dominate, where even the fax machine makes an appearance. Along the way, they said, the B2B payments landscape itself will be transformed, chiefly through digitalization and verticalization. Interconnectivity And Embedded Finance.

B2B

PYMNTS

JANUARY 25, 2019

This week, Barclays and Santander InnoVentures demonstrated traditional banks’ interest in alternative finance when they led a nearly $34 million equity fundraise for invoice financing platform MarketInvoice. The firm plans to focus on expansion with the investment, targeting a customer base of 30,000 by 2022.

Invoicing

PYMNTS

APRIL 17, 2020

With only four investment rounds, B2B FinTechs were able to secure more than $181 million in fresh funding — an impressive sum amid turbulent times. In a press release, Everee noted Origin Ventures and Signal Peak Ventures co-led the investment round, which will go towards product development and investments in sales and marketing.

B2B

PYMNTS

APRIL 26, 2019

It was a slow week for B2B FinTech funding rounds, but investors nevertheless provided an impressive sum to industry startups. In total, more than $107 million was raised, with investors targeting the small business (SMB) back office, lending and B2B payments. Interestingly, U.S. The company raised $6.7 million raised by U.K.

B2B

PYMNTS

DECEMBER 1, 2020

Businesses also may find paper checks to be untenably slow and cumbersome to issue or receive from far-flung partners, and such trends are causing a growing global momentum for adopting swifter, more streamlined accounts payable (AP) tools and business-to-business (B2B) payment methods. Alibaba On Digitizing Cross-Border B2B Payments.

B2B

PYMNTS

MARCH 31, 2020

No one payment rail can solve every point of friction in B2B payments. This week’s look at payment rail innovation explores how corporates and FinTech providers embrace variety to ease friction in card acceptance, employee payroll and invoice payments. Instead, new research suggests embracing multiple rails can drive revenue.

B2B

PYMNTS

OCTOBER 14, 2020

And he noted, too, that the “verticalization” of B2B is upon us. Deploying the right solutions hearkens back to the “jobs to be done” theory of innovation noted by Webster during an earlier B2B webinar. B2B Verticalization. To see all prior programming on demand, please visit PYMNTSTV and the B2B channel.

B2B

PYMNTS

OCTOBER 14, 2020

To streamline B2B payments, MineralTree company Regal Software unveiled its RegalPay One offering in a Wednesday (Oct. announced a $50 million Series D investment round and the acquisition of two firms. 14) announcement. In September, MineralTree Inc. 406 Ventures.

B2B

PYMNTS

MAY 20, 2020

To that end, Ajay Agrawal , CEO and founder of SirionLabs , told PYMNTS, “invoice leakage” occurs when firms do not have the ability to review invoices from their suppliers on a “granular level,” which leads to missed opportunities to spot discrepancies.

Invoicing

PYMNTS

DECEMBER 11, 2020

It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. The company supports the full purchasing cycle with invoice integration and compliance auditing capabilities.

B2B

PYMNTS

MARCH 6, 2020

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. Even so, funds continue to fill their coffers in anticipation of more investments ahead. The plan is now open for public comment, reports said. Mailprotector.

B2B

PYMNTS

APRIL 29, 2020

Checks and paper invoices have long been integrated into supply chains from start to finish — and for well-established reasons, he said. “I Many companies see no need to invest in building new B2B payment infrastructures if suppliers are happy with checks. Ongoing B2B Technology Challenges.

Invoicing

PYMNTS

MAY 4, 2020

The Optimizing AP and AR Playbook , a collaboration between PYMNTS and OnPay Solutions , found last month that an estimated nine billion paper invoices are processed every year in U.S. “The ultimate B2B payment is really a virtual card,” he said. “Any strategic CFO will recognize the need for digital transformation.”

Invoicing

PYMNTS

FEBRUARY 24, 2020

The first and oldest writings of human civilization were not poems or prayers: they were invoices. And here we are, millennia later, exploring space and streaming Netflix, yet over 40 percent of business-to-business (B2B) payments are still made by paper — the same “technology” that replaced clay tablets. Where’s the Trust?

B2B

PYMNTS

MARCH 15, 2019

The more than $69 million raised by B2B startups this week came from across the globe, including Israel, the Netherlands and Singapore, to name a few. million for its platform that links small businesses to invoice financing, turning to artificial intelligence and blockchain to secure the process. Netherlands-based Finturi secured $2.26

B2B

PYMNTS

DECEMBER 21, 2020

The first was the investment in early December of procure-to-pay healthcare payments company Procurement Partners. The new fund, according to the company, Serent’s Fund IV will remain focused on “investing in successful, bootstrapped businesses where Serent’s business-building capabilities can help drive future growth.”

B2B

PYMNTS

JULY 1, 2020

B2B payments account for $25 trillion in the United States each year, but these transactions are often fraught with frustrations and challenges. Studies have found that B2B invoices take an average of 37.4 Developments From Around the World of B2B APIs. million) on average each year on open banking investments.

Banking

PYMNTS

DECEMBER 9, 2016

While Khanna added that it’s “hard to say” whether venture capital funding is getting easier for startups, there is evidence that FinTech — and, specifically, B2B FinTech — is headed for a solid year. round out the rest of the investment activity. million investment round led by Thorney Investment Group, as well as John Dahlsen.

B2B

PYMNTS

APRIL 28, 2017

Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. This week’s B2B venture capital roundup is quite indicative of these trends. Not only is the strength of the U.S.’s but RegTech and artificial intelligence also landed on the board.

B2B

PYMNTS

MARCH 8, 2019

This week’s B2B Venture Capital roundup shows FIs are placing funding with their FinTech partners, too, including Nationwide and HSBC U.K., investing money in B2B FinTechs disrupting their industries. In total, more than $732 million was raised by B2B FinTechs this week. million investment round in U.K.-based

B2B

PYMNTS

APRIL 24, 2020

funding to startups,” said Crunchbase data expert Gene Teare in an interview with the publication, which also pointed to Stripe’s recent $600 million investment as an example of the resiliency of the FinTech startup ecosystem. B2B FinTech investments appear to be relatively strong, too. million in new funding.

B2B

PYMNTS

JANUARY 6, 2020

When it comes to late B2B payments, there’s good news and bad news. where new research has found that fewer invoices were paid late to small businesses (SMBs) in 2019 than in 2018. based FinTech that positions itself as a provider of accounts receivable services to help small businesses recover revenue stuck in unpaid invoices.

Invoicing

PYMNTS

OCTOBER 29, 2018

Accounts payable (AP) automation certainly has the potential to transform the invoice-to-pay process by allowing employees to turn their attention from monotonous, manual tasks to more value-added ones. “For large corporates, supply chains are in some level of constant churn,” he explained to PYMNTS in a recent interview.

B2B

PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Below, PYMNTS breaks down the latest in B2B FinTech funding. Meanwhile, logistics, data analytics, and business travel technologies also won over investors.

B2B

PYMNTS

SEPTEMBER 22, 2016

Cash is king, the saying goes in the investment world, and the aphorism holds true for those who not only observe businesses but run them, too. Through the platform, small businesses can sell outstanding invoices through Fundflow’s site. And invoice discounting (ranging from between 2.8

Invoicing

PYMNTS

OCTOBER 21, 2016

It was another stellar week for B2B FinTech startups, which announced a collective $191.8 million in venture capital and growth equity investment this week. B2B Payments. The company recently spoke with Karen Webster about the investment and its goals for the funding, announced Tuesday (Oct. PayCommerce. On Thursday (Oct.

B2B

PYMNTS

JUNE 20, 2019

Indeed, as B2B organizations begin to pay closer attention to the rising threat of fraud in the procure-to-pay process, the issue of false positives can result in similarly negative consequences, from declined card payments to broken vendor relationships. This isn’t merely an issue for the B2C world, however.

B2B

PYMNTS

AUGUST 9, 2020

Due to the SAP Ariba Network, suppliers have access to better visibility for invoices and orders, with the ability to self-manage account information, submit invoices electronically and receive new purchase orders. Strides have been made lately toward eliminating late invoice payments, PYMNTS reported.

SAP

PYMNTS

SEPTEMBER 4, 2018

How does one know when to leap into a new technology without getting hit with issues like implementation problems, technical challenges and the threat of a wasted investment? The impact and ROI of electronic invoicing can be more immediate, too. “With electronic invoicing, the control of the supplier grows.

Invoicing

PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. Yelo also plans to expand its team and invest in product development and sales, reports said. Buyers, meanwhile, optimize working capital by extending days payable outstanding, with a financier stepping in to pay the invoice. France’s Upflow announced a $2.7

B2B