B2B Payments

The highly complex payments processes and networks that power $120 trillion in payments flows that move between businesses globally each year. The B2B Payments ecosystem is undergoing a massive digital transformation as corporates move away from paper-based processes and payments methods to digital workflows that more efficiently move money and data between trading partners. These efficiencies give corporates more visibility into their cash position across their supply chain and innovations in accounts payments and receivables are helping buyers and suppliers to align on payments terms and trade credit.
Kriya and Mangopay Join Forces to Enhance B2B Payments
Kriya and Mangopay Join Forces to Enhance B2B Payments
September 07, 2023  |  B2B Payments

U.K.-based B2B FinTech firm Kriya (formerly MarketFinance) has announced a partnership with EU-based platform-specific payment infrastructure provider Mangopay. The partnership between Mangopay and Kriya will benefit...

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BNY Mellon Teams With Trustly to Launch ‘Bankify’
BNY Mellon Teams With Trustly to Launch ‘Bankify’
September 07, 2023  |  Partnerships

BNY Mellon has teamed with payments company Trustly to launch Bankify, an open banking payments solution. Bankify helps “organizations receive consumer payments from bank accounts, with a seamless user...

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Treyd to Expand Markets and Enhance Product Offering With New Funding
Treyd to Expand Markets and Enhance Product Offering With New Funding
September 07, 2023  |  Investments

Stockholm-based FinTech company Treyd has secured a $12 million extension of its Series A funding, bringing its total investment to $25 million. This funding will be used...

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Mastercard and KredX Partner to Simplify B2B Digital Payments
Mastercard and KredX Partner to Simplify B2B Digital Payments
September 07, 2023  |  B2B Payments

Indian supply chain finance platform KredX has joined forces with Mastercard to streamline B2B digital payments. The collaboration will integrate Mastercard’s commercial card service with the KredX platform, eliminating...

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LHV Bank Collaborates With Tuum on Small Business Lending
LHV Bank Collaborates With Tuum on Small Business Lending
September 07, 2023  |  Banking

LHV Bank has implemented an upgraded loan system for its small and medium-sized business (SMB) lending division. The U.K. licensed bank has partnered with cloud-native platform Tuum to...

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Trusstor Debuts Digital Last Planner for Construction Firms
Trusstor Debuts Digital Last Planner for Construction Firms
September 06, 2023  |  Commercial Payments

Construction operations platform Trusstor has introduced a project management system to ensure timely completion. Announced Wednesday (Sept. 6), the company’s Last Planner aims to drive digital transformation in...

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Shop Circle Raises $120 Million to Develop eCommerce Tools
Shop Circle Raises $120 Million to Develop eCommerce Tools
September 06, 2023  |  Investments

Shop Circle has secured $120 million in Series A funding to further develop its suite of eCommerce tools. The firm also aims to solidify its position...

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STACK and Billd Team to Help Contractors Secure Working Capital
STACK and Billd Team to Help Contractors Secure Working Capital
September 06, 2023  |  Spend Management

Construction payment provider Billd is working with software platform STACK to improve working capital access.  The companies announced in a news release Wednesday (Sept. 6) that Billd’s financing solutions are now...

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Wayflyer Bolsters Growth Platform With $1 Billion Financing
Wayflyer Bolsters Growth Platform With $1 Billion Financing
September 06, 2023  |  Investments

Wayflyer, a revenue-based financing and growth platform for eCommerce businesses, has secured $1 billion dollars in financing from investment management firm Neuberger Berman. This off-balance sheet...

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