Transportation payments platform TriumphPay and logistics company Schneider National are expanding their relationship. The Dallas-based TriumphPay said in a news release Wednesday (Nov. 30) it was adding Schneider to its open payments network. “When Schneider adopts new technology, the rest of the industry follows,” TriumphPay President Melissa...
In Egypt, small firms, including mom-and-pop stores, make up about 90% of local food and grocery sector, with the “Walmarts and the Walgreens of Egypt only representing a very tiny portion of the market,” says Belal el Megharbel, co-founder and CEO at Cairo-based business-to-business (B2B)...
Kenyan supply chain and logistics tech startup Leta announced the close of a $3 million pre-seed equity round in a Wednesday (Nov. 23) press release. Participants in the round include 4Di Capital, Chandaria Capital, Chui Ventures, PANI, Samurai Incubate and Verdant Frontiers Fintech. Founded in...
B2B supply chain digitization platform Inxeption has launched operations in Frankfurt, Germany, to enhance its service to customers in Europe and to complement its presence in Southeast Asia and India. The company has also named a senior vice president of international business development in Europe:...
Supply chain and business process management company Corbus and procurement service provider GIS International have formed a strategic partnership and said they will offer their clients more effective and efficient supply chain management. With the partnership, the companies will offer complementary procurement and supply chain...
Nigerian startup Breeze has partnered with U.K.-based supply chain finance company Finverity to accelerate its mission of providing small to medium-sized businesses (SMBs) in Africa with access to trade finance. The startup has been selected for Finverity’s Emerging Leaders Programme, which aims to nurture the...
Trade finance’s digital transformation has exploded through the past few years, and it will accelerate in the years ahead. “Treasury is the next frontier in digital payments,” Alan Koenigsberg, senior vice president and global head of treasury and working capital solutions at Visa said during...
When it comes to corporate procurement, managing tail spending — smaller purchases that make up the bulk of transactions but only account for a small fraction of a company’s total expenditure — can be notoriously hard to keep a tab on, especially for large enterprises....
For freight, logistics, for the middle mile all the way through to the last mile, we might say there are two epochs — BP and AP — before pandemic and after pandemic. Freightos CEO Zvi Schreiber told Karen Webster in an interview that before...