Today in B2B payments, GigaCloud has closed a $41 million initial public offering (IPO) to grow its large-parcel B2B eCommerce platform, and Coupa has added innovations to its spend management platform. Furniture, Large Home Goods B2B Platform GigaCloud Closes $41M IPO Large-parcel B2B eCommerce platform...
Business spend management solution provider Coupa Software has added new innovations to its Coupa Treasury product, aiming to give companies better visibility into their cash position and cash projection. This will expand Coupa’s platform, which provides a complete view of spend and cash across treasury,...
There are close to 200 global fiat currencies, a veritable financial Tower of Babel. Add to that cryptocurrencies, and you have unprecedented FX complexity in play when seeking to manage-cross border payments. Managing the Complexity How can CFOs manage this level of complexity? One way...
Today in B2B payments, three B2B platforms, Omnibiz, CBC24 and Shoptreo, are expanding to meet the needs of the buyers and sellers they serve. Plus, payments and financing startup BlueTape has raised $55 million to help it provide financing and payments services to companies in...
Nigerian B2B eCommerce company Omnibiz has raised $15 million in a pre-Series A funding round and said it plans to expand further in the region. Already active in a dozen cities in Ghana and Nigeria and serving 65,000 retailers, Omnibiz said they aimed to add...
Today in B2B payments, new partnerships are bringing new solutions to customers. Orbit and Axletree have teamed up to offer a comprehensive treasury solution, while TSYS and Extend are working together to enable banks to offer virtual cards with spend management solutions to their business...
Treasury management system (TMS) supplier Orbit has partnered with bank connectivity and financial integration solution provider Axletree to deliver an “end-to-end” treasury automation solution. Through the partnership, Axletree will offer its customers the Orbit TMS, which fully integrated with its own bank connectivity service, according...
Aiming to make it easier for merchants to tap into what it says is one of the fastest growing sectors in retail, LePrix has expanded its B2B marketplace for pre-owned luxury goods into Europe and has converted its consumer-facing website (leprix.com) to a wholesale platform. ...
Saying some businesses want to modernize payments but don’t want to leave their trusted bank, TSYS has partnered with Extend to enable banks to offer virtual cards with spend management solutions to their business customers. The partnership brings together Extend’s issuer-agnostic virtual card and spend...
