TradeLink, the supply chain optimization platform that streamlines warehouse operations, announced that it had secured €12 million (about $12.6 million) in Series A funding. The Munich-based startup positions its platform as an alternative to clunky and time-consuming manual logistics management by automating the coordination of...
Like many industries, auto parts retailing is seeing a digital transformation driven by sellers’ need for efficiency and buyers’ need for streamlined purchasing and regular updates on delivery status. “In this industry today, there’s a lot of emailing spreadsheets or phone calls happening but there’s...
eCommerce FinTech company SellersFunding is launching two new working capital products to boost its resources for small businesses, according to a Wednesday (June 15) press release. The two new products, Invoice Factoring and Purchase Order (PO) Financing, will allow SellersFunding to expand its offerings to...
Although many industries aim to eliminate the friction associated with paper check payments, the digital transition can be a challenge. In the real estate business, for instance, recent PYMNTS data shows that landlords and property managers are still leaning hard on paper checks — not...
The preference for digital banking is making its way into the B2B environment. AJ McCray, managing director and head of global corporate payments at Bank of America, told PYMNTS in an interview that there has been some cross-pollination taking root — and commercial transactions will...
Financial software platform Mazepay on Thursday (June 16) announced that it has secured a pan-European payments license from the Danish Financial Supervisory Authority, giving it the ability to streamline B2B purchases and expanding that type of payment across the EMEA region. The move became official...
Today in B2B payments, PayCargo will put $130 million in funding toward global expansion, while B2B payments needs more tech and personal touch to reach their full potential. Plus, Launch Africa snags $36.3 million for B2B and business-to-business-to-consumer startup investments; Groyyo will boost its manufacturing,...
AnaCap Financial Partners is acquiring EDIGard AS, the digital invoice distribution subsidiary of Nexi Group’s digital payments firm Nets, for undisclosed terms, according to a press release on Wednesday (June 15). Headquartered in Kristiansand, Norway, EDIGard is a standalone subsidiary of Nets Issuer & eSecurity...
As businesses race to provide fully digital payment experiences in the business-to-business (B2B) space, and their banks work to support such solutions, many are adopting a “white-label” model. In this model, a digital platform uses application programming interfaces (APIs) to seamlessly weave bank-provided financial services...
