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SME Cash Management Startups Grab $93M In Funding

PYMNTS

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. Canada and India.

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India VCs Target SME Cash Management FinTech

PYMNTS

India’s small business finance space got some renewed attention by investors this week when local startup numberz.in offers cash flow management for businesses. announced seed funding. Owned by Paradime Technologies, numberz.in The company secured $650,000 from Kae Capital and Khosla Impact, reports said Monday (Nov.

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Cybersecurity Unicorn Steals The B2B Investment Show

PYMNTS

Surprise, surprise: a cybersecurity startup saw the largest funding round of the week by far. WannaCry’s explosive impact on the industry has enterprise security on everyone’s mind, and this startup is now a unicorn because of that attention, closing $100 million in Series D financing. Supply Chain Management. Cash Management.

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US B2B Startups Blow Their International Competition Out Of The Water

PYMNTS

are shying away from alternative lending startups due to the recent controversy within the space, but investors across the pond aren’t hesitating to finance the industry. New investment rounds reached from Australia to the U.K. New investment rounds reached from Australia to the U.K. million in equity investment.

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Robotics Process Automation Rakes In The VC Cash

PYMNTS

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. The investment now values Automation Anywhere at $2.6 million raised, U.K.-based

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A $200M Mélange Of B2B Venture Capital

PYMNTS

B2B startups saw a little bit of everything this week when it came to venture capital. From pre-Series A funding to late-stage investment rounds, ranging from a modest $1 million to the week’s high point of $88 million, backers showed their versatility. In all, nearly $200 million went to B2B startups this week.

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Best Practices from the CFO Suite

BlueLight

Forward In the current economic crisis, business leaders from early-stage startups to large multinational corporations have had to make difficult decisions. I interviewed 50 people that held CFO, finance manager, and financial analyst type roles. The findings are heavily geared towards software-as-a-service technology startups.

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