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.

Ramp Closes $300M Series C At $3.9B Valuation

Ramp Closes $300M Series C At $3.9B Valuation
Ramp Closes $300M Series C At $3.9B Valuation
August 25, 2021  |  Investments

New York-based corporate card startup Ramp closed a $300 million Series C funding round led by Founders Fund, with participation from Redpoint, Thrive Capital, D1...

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How Advertise Purple Meets Day-To-Day Accounts Receivable Challenges
How Advertise Purple Meets Day-To-Day Accounts Receivable Challenges
August 25, 2021  |  Accounts Receivable

Cash flow issues can quickly spiral into payroll errors and credit reductions for AdTech businesses, especially when payors use disparate methods to pay their bills....

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New Report: Half Of SMBs Manage Cash Flow Crunch By Not Paying Rent Or Vendors
New Report: Half Of SMBs Manage Cash Flow Crunch By Not Paying Rent Or Vendors
August 24, 2021  |  B2B Payments

As small- to medium-sized businesses (SMBs) struggled to manage cash flow during the pandemic, nearly half resorted to not paying suppliers and monthly bills or...

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US Bank, Mastercard Team Up On Fleet Expense Card
US Bank, Mastercard Team Up On Fleet Expense Card
August 24, 2021  |  Credit Cards

U.S. Bank will be working with Mastercard on a new card for fleet-related expenses, according to a press release. Get the Full Story Complete the...

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B2B Digital Platform Bazaar Nets $30M In Series A Funding
B2B Digital Platform Bazaar Nets $30M In Series A Funding
August 24, 2021  |  Investments

B2B eCommerce startup Bazaar has generated $30 million in the largest Series A funding round for a company in Pakistan, according to a Tuesday (Aug....

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Digital River, Avalara Team On Global Tax Management For eCommerce
Digital River, Avalara Team On Global Tax Management For eCommerce
August 24, 2021  |  B2B Payments

Global eCommerce platform Digital River on Tuesday (Aug. 24) announced that it’s joining forces with cloud-based business tax compliance automation platform Avalara on a global...

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Corporate Card Company Ramp Is Raising $300M, CEO Says
Corporate Card Company Ramp Is Raising $300M, CEO Says
August 24, 2021  |  Investments

Corporate credit card company Ramp, which provides both physical and virtual cards, is raising $300 million in a Series C funding round, according to a Tuesday...

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Indian FinTech Khatabook Closes $100M Series C At $600M Valuation
Indian FinTech Khatabook Closes $100M Series C At $600M Valuation
August 24, 2021  |  Investments

FinTech Khatabook closed a $100 million funding round led by Tribe Capital and Moore Strategic Ventures that gives the startup a valuation of almost $600...

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Costly And Slow Cross-Border Payments Are Crushing SMBs And eCommerce Growth
Costly And Slow Cross-Border Payments Are Crushing SMBs And eCommerce Growth
August 24, 2021  |  B2B Payments

Freshly armed with $10 million in Series A funding, Hong Kong-based Currenxie is on a mission to provide businesses with a hassle-free cross-border payments experience,...

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