For the software industry, it’s still tailwinds all around. As demand for software-as-a-service (SaaS) explodes in every vertical, more software companies are starting up every day to meet it — and often, they’re being run using Excel spreadsheets. “So, we continue to find ourselves pleasantly...
Because business owners are also consumers, they’ve known for a long time that B2B payments aren’t as convenient and instantaneous as the payments they use in their personal lives. “I think there’s opportunities here in the very near future, and especially with the push...
Today in B2B payments, Biller is joining Banking Circle’s financial services, and today’s chief financial officer is focusing on scaling businesses and making data-driven decisions. Plus, Keo World snags $500 million for B2B financing expansion, and two-thirds of businesses collect credit info on new suppliers....
In the B2B ecosystem, firms must complete complex onboarding processes to set customers up for new transactions and vet new suppliers or vendors. While this often continues throughout the entire invoice approval and payment process, there isn’t a standard operating procedure for it. Onboarding can...
Luxembourg’s Banking Circle says Biller — an AI-driven buy now, pay later firm for business invoices — will be joining its “ecosystem” of financial services. “The new generation of B2B buyers expects a fast and flexible payment experience, similar to that of a consumer when...
The role of the chief financial officer has changed over the last 10 years. It’s no longer just about financial statements and the generally accepted accounting principles (GAAP). Instead, it involves developing and managing operations and growth strategies. “In my mind, the CFO’s role today...
Keo World, the BNPL FinTech, has announced a seven-year debt facility of up to $500 million from Hayfin Capital Management, an asset management firm, a press release says. The investment will go towards boosting its purchasing power for SMBs. Keo was founded in 2020. The...
Online marketplaces may have created digital refunds and other disbursement processes for their consumers, but many seller payments are still conducted with the same outdated, time-consuming methods that they seem to always have used. As a result, most sellers often find themselves facing waiting a...
Payments platform Corcentric has rebranded its B2B payments subsidiary Vendorin as Corcentric Payments, the company announced Monday (Jan. 31). The Cherry Hill, New Jersey-based firm said the unified brand lets the company monetize transactions through payments, supply chain finance and group purchasing. It will also...
