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Startup Scores $62 Million For Trade Credit Risk Solution

PYMNTS

French startup Tinubu Square has secured funding for its solution that provides trade credit risk management, according to news reports on Monday (Oct.2). The company raised about $62 million from investors at Long Arc Capital and Bpifrance; it will use the funding to focus on the development of its technology.

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Looping Legal Cannabis Into The World Of Trade Credit

PYMNTS

Legal cannabis is generally a new industry, as Gordon discussed, meaning the market is dominated by startups. On one hand, this can present an advantage to the market: Businesses are not weighed down by the legacy of years-old technologies and processes that create inefficiencies in other industry.

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Cashplus Launches Payment Tracking For Its SMB Cards

PYMNTS

entrepreneurs, startups and independents using Cashplus will be freed up from tedious admin, leaving them more time to get on with the things they do best,” said Cashplus Chief Executive Officer (CEO) Rich Wagner. . The company also announced in September that it hired Rahul Duseja as its credit director. The many thousands of U.K.

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CRIF Realtime Launches Tools For SMBs To Calculate Coronavirus Risks

PYMNTS

CRIF Realtime, which specializes in credit risk for businesses, said the new offering would use open banking technology and help businesses better see where they stand financially. Among the technologies available will be a pre-crisis funding report, which sets a date of Feb. recently allotted 1.25 billion pounds ($1.6

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QIWI Buys Plati Potom For Undisclosed Sum

PYMNTS

6) it has acquired a 100 percent ownership stake in FinTech startup Plati Potom. Plati Potom develops post-payment solutions for eCommerce and offline retailers, as well as data analysis and credit risk management tools. QIWI announced on Thursday (Oct.

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nanopay: The Global Middleman For Payments

PYMNTS

Toronto-based technology startup nanopay aims to make the whole process easier — and more secure. In fact, in a recent check-in with PYMNTS, Cooke listed four ways that working through a middleman like nanopay can reduce risks and costs for banks facilitating cross-border transactions. First, a middleman removes the credit risk.

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B2B eCommerce Tips The VC Scales

PYMNTS

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. India-based expense management startup Fyle announced $4.5

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