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Today In B2B: TripActions Valued At $5 Billion; OneSource Virtual Debuts Invoice Payments

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Today in B2B payments, TripActions announces new funding that values the T&E startup at $5 billion, while OneSource Virtual launches invoice payment capabilities. OneSource Virtual Rolls Out Invoice Pay For Vendor Payments. Invoice Pay, which is fueled by J.P. 21) announcement. 21) announcement. 21) blog post.

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Funding Round Could Give AvidXchange $2B Valuation

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Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. billion valuation led by PayPal Co-founder Peter Thiel and Mastercard. 9), citing sources. This latest fundraising could top $300 million.

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Affirm Looks To Raise $1.5B On $3B Valuation

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Recently, Affirm raised $300 million in a Series F round led by Thrive, at a valuation of $3 billion. Traditional B2B financing is slow, inaccurate and limits a business’s potential for growth because of an over reliance on email, call centers, faxes and manual invoicing processes,” Resolve wrote in a press release.

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FinTech Startup Revolut Raises $80M In New Funding, Now Valued At $5.5B

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billion valuation as part of its Series D round that kicked off five months ago. The new funding is an extension of that round to $580 million while the valuation remains the same, the company said. London startup mobile bank Revolut Ltd. has secured $80 million in new funding at a $5.5

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All About The Bots – And Valuations, Too

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In the land of startups, and valuations of startups, it’s all about the Benjamins. Reports noted that the investment activity takes the valuation to $1.8 Those tasks include moving data between computers, processing invoices and letting the human workers handle the bigger picture and strategic parts of the equation. But … wait.

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Investors Cozy Up To Invoice Financing

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This shift reflects a combination of market volatility, high valuations and growing fears of another tech bubble, which have led venture capitalists to reassess risk and back more business-to-business startups over those aimed at consumers,” reports concluded. There is a trend away from consumer unicorns and valuations,” he said. “I

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Robotic Process Automation Tech Firm UiPath Notches $225M

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billion post-money valuation. Interest in OCR and RPA has been on the uptick in recent years in the corporate back office, especially in financial workflows such as invoice processing in accounts payable (AP) departments. Sequoia Capital, Coatue and Accel were among the other firms participating in the round, per an announcement.