Today in B2B payments, Julaya discusses mobile B2B payments in West Africa, and Yaydoo closes funding for its B2B payments technology. Plus, Zetl explores embedded corporate finance, Triterras seeks to regain Nasdaq compliance and Facevalue debuts an alternative to traditional factoring.
West Africa’s Telco Infrastructure Lays The Groundwork For B2B Payments Modernization
Preparing B2B Services Firms For The Future of Embedded Finance
Cash flow crunches are not uncommon for businesses of all kinds. But a standard bank loan isn’t flexible enough to meet the unique pain points of B2B services firms like recruitment agencies. Zetl Co-founder and CEO Shan Han explores how embedded, targeted finance can propel business FinTech into the future.
Mexican FinTech Yaydoo Closes $20M Series A
Triterras Seeks Nasdaq Compliance Following Overdue Report
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Singapore-headquartered FinTech Triterras is asking the Nasdaq Stock Market to consider its compliance plan that was developed to meet Nasdaq’s listing rules. Last month, the startup was told by the listing qualifications department of Nasdaq that because it failed to file its annual report on time, the company violated Nasdaq listing rule 5250(c)(1), according to a Triterras statement.
Facevalue Tool ‘Challenges Traditional Factoring’
Dutch FinTech Facevalue has launched an accounts receivable finance tool for small to medium-sized businesses in Europe that “challenges traditional factoring,” it said. “Most factoring solutions to SMEs require that the business sell all their outstanding accounts receivables to the Financier for a fixed period, usually two years, [which] includes high fixed costs,” the company said in a news release on Monday (Aug. 2).
