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Investors Cap Off 2020 With An Eye On B2B eCommerce, SMB Banking

PYMNTS

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. There were several notable rounds, including high-value deals for supply chain management, B2B eCommerce and small business banking. million investment, Tech.eu

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B2B eCommerce, Business Banking Tech Open VC Wallets

PYMNTS

India and Brazil, with focuses ranging from business banking technology to food and grocery B2B eCommerce. PYMNTS rounds up the latest investments below. Brazil's BizCapital , a financial service provider for small- to medium-sized businesses (SMBs), secured $3 million in funding from Oikocredit, the company said this week.

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Alibaba eCommerce Rival Pinduoduo Secures $1B In Funding

PYMNTS

Chinese upstart eCommerce site Pinduoduo (PDD) is raising more than $1 billion to help compete with Chinese giants like Alibaba and JD.com, according to reports. The company puts a twist on the traditional eCommerce playbook by offering a social aspect – shoppers who team up with friends or family can get discounts by making group orders.

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Indonesian Wholesale Marketplace Ula Secures $10.5M In Seed Funding

PYMNTS

Indonesian wholesale eCommerce market Ula has announced that it has secured $10.5 Ula, launched in January this year, aims to help small store owners boost their income through its multi-category wholesale eCommerce platform, along with perks such as a large products list, prices, doorstep delivery and pay later options.

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PingPong To Enter Europe Via $113M Investment

PYMNTS

Because of its reputation as a stable political and economic area, as well as a regulatory environment that’s favorable to outsiders, many foreign companies have chosen Luxembourg as an entry point into Europe. According to a report , the Chinese startup PingPong, a FinTech company, will invest €100 million ($113 million) in Luxembourg.

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B2B Tech Startups Land Backing To Modernize The Enterprise

PYMNTS

Though it didn't reveal how much it raised, Zero Hash, based in Chicago, announced the close of its Series C investment round led by holding company tastytrade. As organizations accelerate their sales digitization efforts, B2B eCommerce has jumped to the top of strategic planning initiatives. Cloudentity.

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B2B FinTechs Show Signs Of Mid-Year Venture Capital Lull

PYMNTS

Commercial payments technology firm WEX landed a $400 million investment this week, but when it comes to venture capital, investors set their sights on B2B eCommerce, small business funding, payroll and more. PYMNTS breaks down the companies that did manage to secure funding, below. With a combined $43.3

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