Colombia-based venture capital firm Marathon Ventures has closed its first fund of $26 million, according to a Wednesday (Feb. 2) announcement that says the money will be used to invest in close to 20 business-to-business (B2B) platforms in FinTech, Software-as-a-Service (SaaS) and marketplaces. Get the...
Among U.S. businesses that engage in cross-border trade, the most common pain point is the long period of completion. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe...
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. Get the Full Story Complete the form...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access...
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. Get the...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content...
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. Get the Full Story Complete the form...
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. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to...