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FLEETCOR Looks To Invest $1B Despite Pandemic M&A Slowdown

PYMNTS

FLEETCOR is looking to invest $1 billion this year, despite an M&A slowdown in the payments sector due to the ongoing pandemic. He noted that Bill.com, which received an investment from FLEETCOR in April 2019, held a successful initial public offering (IPO) in December. People want to wait until the recovery happens.”.

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Invoicing, Internationally, On The Fly And With Flywire

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Complex on so many levels, especially when it comes to payments and, more specifically, invoicing, where demands for payment are tracked through paper and electronic means. Flywire’s background in the healthcare and education space, along with its existing invoicing system, helped assist these businesses in new ways.

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SMB Lender Just Cashflow Adds Ebury FX Services

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London specialty business lender Just Cashflow (JCF) is partnering with London FinTech Ebury to roll out foreign exchange (FX) services, Just Cashflow announced in a company blog. . The services put an end to uncertain currency exchange due to Brexit and locks-in rates for future transactions.

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Small Business FinTech Takes Center Stage With VCs

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Cybersecurity investment probably won’t let up anytime soon. Indeed, this week did see some cybersecurity funding action, with several big-name backers participating in the $85 million investment for Team8 , a venture studio that explores how corporate collaboration can develop better cybersecurity tools and businesses.

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SMBs Start The Year With Jobs, Late Payments, FX Struggles

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Half of SMBs said they plan to increase investment in marketing, and 39 percent said they are gearing up to release new products or services this year. SMBs with foreign exchange (FX) requirements have been adversely impacted by FX volatility in the last year , found Bibby Financial Services (BFS) in its latest report.

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As SMEs’ X-Border Needs Grow, Can Banks Keep Up?

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That ripple effect is hitting all areas of the enterprise, from their cross-border trade to their investment strategies. Earlier this week, for instance, Hitachi Capital Invoice Finance pointed to threats within global supply chains stemming from the economic uncertainty over Brexit. but has also created exposure to FX-related threats.

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Robotics Process Automation Rakes In The VC Cash

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This week, RPA startup Automation Anywhere made waves with its $300 million investment from the SoftBank Vision Fund, reports said Thursday (Nov. The investment now values Automation Anywhere at $2.6 For instance, its LaaS platform lets businesses provide invoice or payroll financing to their customers. million raised, U.K.-based