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.

Virtual Cards Bring Spend Management Into the Digital Age

Virtual Cards Bring Spend Management Into the Digital Age
Virtual Cards Bring Spend Management Into the Digital Age
March 23, 2022  |  Payment Methods

The great digital shift has brought all manner of firms fully into the digital realm, where employees are geographically dispersed. But spend management has not...

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Most FIs Say They Could Do More to Ease Corporate Clients’ Payment, Cash Management Pain
Most FIs Say They Could Do More to Ease Corporate Clients’ Payment, Cash Management Pain
March 23, 2022  |  B2B Payments

Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required....

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Today in B2B: Freight Brokerages Enter the Digital Age; Jeeves’ Valuation Hits $2.1B After Latest Fundraising Effort
Today in B2B: Freight Brokerages Enter the Digital Age; Jeeves’ Valuation Hits $2.1B After Latest...
March 22, 2022  |  B2B Payments

Today in B2B payments, FinTechs are bringing freight brokerages into the digital age, while Jeeves’ valuation is up to $2.1 billion after a $180 million...

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Remote Hiring Platform Omnipresent Closes $120M Series B
Remote Hiring Platform Omnipresent Closes $120M Series B
March 22, 2022  |  Investments

Remote work hiring platform Omnipresent has raised $120 million in a Series B funding round, the London company announced on its website Tuesday (March 22)....

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Widespread Automation Slashes DSO Times by Weeks
Widespread Automation Slashes DSO Times by Weeks
March 22, 2022  |  B2B Payments

One of the most effective investments firms can make to improve their days sales outstanding (DSO) is implementing technologies that automate invoicing. New tools can...

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FinTech Jeeves Raises $180M Series C at $2.1B Valuation
FinTech Jeeves Raises $180M Series C at $2.1B Valuation
March 22, 2022  |  B2B Payments

FinTech infrastructure platform Jeeves raised $180 million in a Series C funding round led by China’s Tencent that puts the startup’s valuation at an estimated...

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Manufacturing Marketplace Xometry Reports 54% Revenue Growth
Manufacturing Marketplace Xometry Reports 54% Revenue Growth
March 22, 2022  |  Earnings

Online B2B marketplace Xometry saw its revenue increase more than 54% last year after making its debut as a public company. Get the Full Story...

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Utah FinTech Galileo Accelerates Colombian Expansion
Utah FinTech Galileo Accelerates Colombian Expansion
March 22, 2022  |  International

Galileo Financial Technologies, the Salt Lake City, Utah-based subsidiary of SoFi Technologies, has expanded its services in  Colombia, South America, the company announced Tuesday (March 22)....

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Indian B2B Payments Firm Rupifi Lands $8M
Indian B2B Payments Firm Rupifi Lands $8M
March 22, 2022  |  Investments

B2B payments platform Rupifi has raised $8 million in venture debt, an extension of the $25 million Series A the company closed in January. Get...

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