construction industry

Construex Raises $4.6 Million to Digitize Latin American Construction Industry

Construex Raises $4.6 Million to Digitize Latin American Construction Industry
Construex Raises $4.6 Million to Digitize Latin American Construction Industry
November 27, 2023  |  Investments

Construex, an Ecuador-based software-as-a-service marketplace, has raised $4.6 million in seed funding to accelerate its mission of digitizing the construction industry in Latin America. “This...

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Generational Shift Forces Construction Industry Digital Transformation
Generational Shift Forces Construction Industry Digital Transformation
July 26, 2023  |  Supply Chain

The historically fragmented industrial economy is getting a modern makeover. And while ecosystem needs are different from geography to geography, a fundamental shift in digital...

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Handle Adds Fiserv’s Embedded Payments Capabilities to Construction-Specific Credit Software
Handle Adds Fiserv’s Embedded Payments Capabilities to Construction-Specific Credit Software
April 12, 2023  |  B2B Payments

Handle has added Fiserv’s embedded payments capabilities to its construction-specific credit software. With the integration of these capabilities from Fiserv, a global provider of payments and financial...

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Togal.AI CEO: AI Can Solve for 75% of Construction Frictions
Togal.AI CEO: AI Can Solve for 75% of Construction Frictions
April 10, 2023  |  B2B Payments

Moore’s law is getting an artificial intelligence (AI) makeover. This, as rather than the pace of technology doubling every two years, as posited in 1965...

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PYMNTS Intelligence: Slow Payments Drag Contractors’ Cash Flows
PYMNTS Intelligence: Slow Payments Drag Contractors’ Cash Flows
January 25, 2023  |  B2B Payments

Slow payments are more than a waiting game for the construction industry. They contributed to 12% of total construction costs last year, dipping into firms’...

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An Insider on Driving Business Growth by Prioritizing Payments
An Insider on Driving Business Growth by Prioritizing Payments
January 24, 2023  |  B2B Payments

Late payments threaten cash flow and project completion for construction companies, with 86% reporting late payments damage productivity. In the “B2B And Digital Payments Tracker®,”...

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Payments Startup BlueTape Raises $55M for Construction Industry SMBs
Payments Startup BlueTape Raises $55M for Construction Industry SMBs
August 19, 2022  |  Investments

A payments and financing startup specializing in the construction industry closed $50 million in debt funding and $5 million in seed capital to assist small...

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Deep Dive: Building Steady Construction Cash Flows With Digital Tools
Deep Dive: Building Steady Construction Cash Flows With Digital Tools
September 25, 2019  |  Spend Management

SMBs and project managers in the U.S. construction market must keep tabs on budgets and how funds are being spent if they want to meet...

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