Aiming to automate routine accounts payable (AP) procedures, two-thirds of firms are either currently innovating their systems or plan to do so within the next 12 months. In fact, 11% of firms say they are currently innovating their AP systems, 31% say they will start...
Commerce technology company Payoneer has hired Assaf Ronen, a veteran of SoFi, Amazon and Microsoft, to lead a newly established division that integrates Payoneer’s technology, product and high value service units. Ronen has become the company’s first chief platform officer and will head its new...
Markaaz and Nav Technologies have partnered to enable members of Markaaz’s small business networking community to access Nav’s curated financing options. With the partnership, Markaaz members can go to the Markaaz Dashboard to find a range of embedded financing solutions that Nav’s artificial intelligence (AI)...
Remofirst, an employer of record provider, has announced a $14.1 million seed round, a press release said. The company helps other companies build global remote teams, letting them hire talent in countries where they don’t have an entity. The services include onboarding, payroll benefits, taxes...
Today in B2B payments, Carats & Cake raises $10.6 million to grow its financial operating system for the events industry, while Brightflow AI raises $19M to “demystify finance” with its financial intelligence platform. Plus, Boost Payment Solutions and Robobai partner to accelerate payments optimization. Special...
Live video commerce solution CommentSold has added a point-of-sale (POS) system built on financial infrastructure platform Stripe to its suite of solutions for retail businesses. CommentSold is deploying the in-person payments solution Stripe Terminal in order to power its POS system, help online merchants augment...
Financial institutions (FIs) are struggling to give small- to medium-sized businesses (SMBs) the same level of service they offer to larger companies. In fact, 37% of FI executives said their digital payment solutions are only slightly or not at all effective in addressing the B2B...
Cloud-based eCommerce shipping solution ShipStation has partnered with South Korean online retailer Coupang to make it easier for businesses to enter new markets with efficient cross-border fulfillment. With the partnership, ShipStation has become the first U.S. shipping partner to integrate with Coupang, enabling the shipping...
Carats & Cake, a financial operating system for the events industry, has raised $10.6 million in Series A funding. “With this latest financing, we plan to thoughtfully build out our product, engineering, and sales teams as we continue to support properties with purpose-built tools,” founder...
