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.

One-Third of High-Volume AP Departments See Current Systems as Barrier to Growth

One-Third of High-Volume AP Departments See Current Systems as Barrier to Growth
One-Third of High-Volume AP Departments See Current Systems as Barrier to Growth
May 31, 2022  |  Accounts Payable

Nearly all “mass payout” companies believe that their accounts payable (AP) systems’ inability to handle volume is preventing them from growing.  Get the Full Story...

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B2B Retail Marketplace Betastore Nets $2.5M to Outfit Shops in Africa
B2B Retail Marketplace Betastore Nets $2.5M to Outfit Shops in Africa
May 30, 2022  |  Investments

B2B retail market Betastore, based in Nigeria, has raised $2.5 million to help informal shops in West and Central Africa with financial issues and stock-outs, a...

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Kennek Debuts Plug-and-Play Credit Infrastructure on Mambu’s Cloud Platform
Kennek Debuts Plug-and-Play Credit Infrastructure on Mambu’s Cloud Platform
May 30, 2022  |  Loans

Lending solution Kennek will debut a new “plug and play” credit infrastructure on cloud banking platform Mambu to help alternative lenders and credit investors with...

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JiffyStock Will Take Crypto for B2B Wholesale Pay
JiffyStock Will Take Crypto for B2B Wholesale Pay
May 30, 2022  |  Cryptocurrency

B2B wholesale market JiffyStock has begun accepting cryptocurrency for payment, according to a Monday (May 30) Digital Journal report. Get the Full Story Complete the...

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B2B Payments Firm PayMate India Files to Go Public
B2B Payments Firm PayMate India Files to Go Public
May 30, 2022  |  IPO

Payments and service provider PayMate India has filed its Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India to raise funds...

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Mondu Notches $43M for B2B BNPL Services
Mondu Notches $43M for B2B BNPL Services
May 30, 2022  |  Investments

Buy now, pay later (BNPL) company Mondu has raised $43 million in a series A funding round, the firm announced in a Monday (May 30)...

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Can Payments-as-a-Service Crack EU’s Cross-Border Payments Complexity?
Can Payments-as-a-Service Crack EU’s Cross-Border Payments Complexity?
May 30, 2022  |  Cross-border Payments

For Europe-based platforms and marketplaces connecting businesses and consumers or business-to-business (B2B) platforms, juggling different payment methods and currencies can be challenging when dealing with...

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Uganda-Based Customer Onboarding Platform Laboremus Receives Expansion Funding
Uganda-Based Customer Onboarding Platform Laboremus Receives Expansion Funding
May 29, 2022  |  Digital Onboarding

Uganda-based B2B FinTech Laboremus, which enables customer onboarding, has gotten funding to help it expand its product offerings, a press release said Friday (May 27)....

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Egyptian B2B eCommerce Startup Cartona Partners With Unilever
Egyptian B2B eCommerce Startup Cartona Partners With Unilever
May 29, 2022  |  eCommerce

Egyptian retail tech company Cartona will work with multinational consumer goods company Unilever to help add more offerings to the marketplace’s base of retailers, suppliers...

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