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.

Bill Pay Service Corpay Unveils New Mastercard
Bill Pay Service Corpay Unveils New Mastercard
February 16, 2022  |  B2B Payments

Digital B2B bill pay service Corpay One has launched a Mastercard that is integrated with its bill pay platform. Get the Full Story Complete the...

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B2B eCommerce Platform Udaan Offers Employee Stock Options, Sets Firmer IPO Date
B2B eCommerce Platform Udaan Offers Employee Stock Options, Sets Firmer IPO Date
February 16, 2022  |  B2B Payments

Indian B2B eCommerce platform udaan will issue employee stock options (Esop) to each of its workers as it prepares for an initial public offering (IPO)...

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GreenBox Forms BaaS Partnership With Cross River
GreenBox Forms BaaS Partnership With Cross River
February 16, 2022  |  Partnerships

Payments solutions firm GreenBox POS has formed a licensing partnership with Cross River Bank to launch its first banking-as-a-service (BaaS) initiative. Get the Full Story...

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Allos Ventures Closes Allos IV Fund for Midwest Tech Companies
Allos Ventures Closes Allos IV Fund for Midwest Tech Companies
February 16, 2022  |  Investments

Venture capital firm Allos Ventures has closed the Allos IV fund, which invests in high-growth technology and early-stage B2B software companies in the Midwestern United...

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Average Business Spends 2% of Sales on Payment Operations
Average Business Spends 2% of Sales on Payment Operations
February 16, 2022  |  B2B Payments

Companies in various sectors face payment struggles ranging from inefficient processes that result in ballooning costs to old-school payment methods that fail to offer adequate...

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Today’s CFO Needs to Understand Companies’ Hidden Costs
Today’s CFO Needs to Understand Companies’ Hidden Costs
February 16, 2022  |  B2B Payments

Manual processes in companies’ back-office operations have a lot of hidden costs, James Ritter, chief financial officer (CFO) at ABBYY, told PYMNTS. For example, if...

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EMEA Daily: PayU Goes to Romania; Phone Reseller Swappie Raises $124M
EMEA Daily: PayU Goes to Romania; Phone Reseller Swappie Raises $124M
February 15, 2022  |  International

In today’s top Europe, Middle East, and Africa news, the FinTech firm PayU has introduced credit payments in Romania; Voilà, a Berlin-based app that connects...

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Today in B2B: Swappie Raises $124M in Series C Funding; Businesses Shift to Automated Payments
Today in B2B: Swappie Raises $124M in Series C Funding; Businesses Shift to Automated Payments
February 15, 2022  |  B2B Payments

Today in B2B payments, Swappie raises $124 million to bring more people into the “circular smartphone economy,” and businesses move increasingly away from spreadsheets and...

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SaaS Procurement Platform Tropic Raises $40M to Expand its Products
SaaS Procurement Platform Tropic Raises $40M to Expand its Products
February 15, 2022  |  Investments

Software-as-a-service (SaaS) software procurement platform Tropic has raised $40 million in a Series B funding round, the company announced in a news release Tuesday (Feb....

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