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.

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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56% of Businesses Are Concerned About Cross-Border Payments Fraud
56% of Businesses Are Concerned About Cross-Border Payments Fraud
February 15, 2022  |  B2B Payments

In the global marketplace, successful payments decision makers have learned to connect the dots between optimizing their enterprise’s resources and ensuring that consumer and B2B...

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Billtrust Acquires European B2B Financial Software Provider Order2Cash
Billtrust Acquires European B2B Financial Software Provider Order2Cash
February 15, 2022  |  Acquisitions

B2B accounts receivable (AR) automation and integrated payments company Billtrust has acquired Netherlands-based B2B financial software platform Order2Cash, giving the company a stronger global presence...

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LatAm Businesses Choosing Automated Invoicing Over Spreadsheets, Emails and Text Messages
LatAm Businesses Choosing Automated Invoicing Over Spreadsheets, Emails and Text Messages
February 15, 2022  |  B2B Payments

In most countries in Latin America, it is mandatory that all business transactions must have an electronic invoice in the middle. Get the Full Story...

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Nigerian B2B Payments Startup Duplo Raises $1.3M
Nigerian B2B Payments Startup Duplo Raises $1.3M
February 15, 2022  |  Investments

Duplo, a Nigeria B2B payment digitization startup, has raised $1.3 million in pre-seed funding, and announced it will take part in accelerator Y Combinator’s winter...

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EU CFOs Choosing Digital Spend Management Tools Over Pokie Paper Processes
EU CFOs Choosing Digital Spend Management Tools Over Pokie Paper Processes
February 15, 2022  |  Spend Management

With an increasing number of startups seeking funding on the regular, there must be strong reasons for investor confidence to keep injecting capital into firms,...

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