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Trade Finance, Early Wage Access Take B2B VC Lead

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million in combined funding, B2B FinTechs remain resilient in today’s current market. Investments ranged across geographies and industries, but the biggest highlights landed on trade financing and early wage access innovators, as startups bolster their value by supporting small businesses’ and employees’ financial recovery.

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US B2B Startups Dominate $337 Million Worth Of Funding

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Combined, more than $337 million in funding will fuel growth for an array of B2B startups that revealed their latest funding rounds this week. The company saw Bessemer Venture Partners lead the investment, while US Venture Partners, Costonoa Ventures, PeakSpan Capital, Hyde Park Angels and OurCrowd also participated, according to reports.

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SMB Funding Embraces The Open Banking Way

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FinTech partners include small business credit risk analysis company AccountScore and small business data company Codat. ThinCats Links Up With Open Banking FinTech Salt Edge.

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Avignon Capital Rolls Out Accounting Service To Help Real Estate Investors

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The new service will cover many services with the inclusion of dividend resolutions, cash flow management, risk analysis and joint venture accounting, according to an announcement. The firm, for its part, said the pandemic has brought about a new array of challenges to real estate investors. Comer will spearhead the initiative.

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Visa, Validus Use Visa Virtual Card For Singapore SMEs To Pay Invoices

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Reports said Validus is using its securities crowdfunding platform and risk analysis technology to assess the creditworthiness of SME borrowers with unpaid invoices. Validus operates a platform through which investors can provide financing to SMEs directly.

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Euler Hermes Collaborates On Same-Day Factoring

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Euler Hermes has made a strategic investment in FinTech APiO , reports this week said, as well as a collaboration that will see the companies develop the ApiO.EarlyPay solution to connect small businesses with faster financing. Our solution is fast, simple and easy to use, and can fund in the same business day.”.

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Kabbage Lands Credit Suisse Credit Facility

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To earn an investment-grade rating requires a rigorous evaluation of not only our lending models, automated risk analysis and successful history of reducing bad debt to an industry-low, but also our operational processes — from exceptional customer service to unmatched technology development.”. “To