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B2C Food Platform GrubMarket Nets $60M, Eyes IPO

PYMNTS

GrubMarket works in a B2C role in which it ships goods to individuals, and also a B2B role by supplying grocery stores, meal kit startups and other companies, TechCrunch reported. Participants included BlackRock, Reimagined Ventures, Trinity Capital Investment and numerous others, TechCrunch reported.

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Budget 2022: Key loan scheme for MSMEs fortified, limit hiked to Rs 5L cr

CFO News Room

lakh crore has been sanctioned yet, as economic recovery is dealt a fresh blow by the Omicron spread, according to banking sources. Separately, according to a report by SBI group chief economic adviser Soumya Kanti Ghosh this month, ECLGS has prevented 1.35 Against the current limit of Rs 4.5 million MSME accounts from turning bad.

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B2B Payments Speed Up

PYMNTS

The outmoded B2B payments landscape stands in stark contrast to the business-to-consumer (B2C) and peer-to-peer (P2P) spaces where instant money and real-time payments are becoming the norm. It works both ways as traditionally B2C sellers dip their toes into lucrative B2B waters. There are psychological benefits as well.

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Financing Gets Flexible As eCommerce Sellers Brace For Seasonality Whiplash

PYMNTS

And the surge in eCommerce isn't isolated to the B2C world, either: as social distancing requirements and shutdowns migrate corporate buyers online, wholesalers, distributors and other B2B vendors are likely to face a similar holiday boon this year to fulfill rising customer demand. An Alternative To Banks.

eCommerce 142
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FastSpring Acquires SalesRight To Grow eCommerce Solutions For SaaS

PYMNTS

The startup offers productivity tools for B2B and B2C SaaS sales teams, such as interactive quoting and digital signatures. . Mark Lambert, chief financial officer of FastSpring, told PYMNTS that its eCommerce client base has been largely unaffected by the pandemic’s economic impact. “In

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Diving Into The ‘Check-Replacement Cycle’

PYMNTS

It seems an especially low number when considering this stat: Only 3 percent of companies meet customer demands for instant business-to-consumer (B2C) payments. An initial examination of the economic payoff in switching to digital may not vault such an undertaking to “the top 20 projects” on the corporate roadmap. The Larger Picture.

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PULSE: Why Debit And Payroll Cards Are An Employer’s Strategic Advantage

PYMNTS

She noted that firms such as PULSE have enabled payments functionality spanning push payments, peer-to-peer (P2P) and business-to-consumer (B2C) for the past decade and that operating rules require funds to be available in customer accounts within 30 minutes.”. A tight labor market means employers must be cognizant of what their workers want.

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