Relay has raised $32.2 million in a Series B financing round to accelerate product development of its business banking platform. With the new funding, the company will focus on its development of spend management, smart credit products and a financial application programming interface (API) marketplace,...
The FICO score — what we might think of as the general “shorthand” for lending — was created back in 1989. In the decades since, and now as we’re on the cusp of the middle of the 2020s, relying on the triple-digit number to crystallize...
Lenders in key global markets offer an ever-increasing range of consumer credit products. Still, consumers express dissatisfaction with the current options. Just 50% of consumers across six major economies are highly satisfied, with rates in Australia and Japan particularly low. While younger individuals tend to...
Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting the implications of decision-making in financial operations. And according to a recent panel discussion of industry heavyweights...
June 10, 2024
Today’s chief financial officers have evolved from back-office accountants to financial architects. And, given the dynamism of today’s business landscape, the transformation of the finance function couldn’t be happening at a better time for organizations. No longer confined to the back room, crunching numbers and ensuring compliance, today’s CFO is a pivotal figure in shaping […]
April 23, 2024
Management guru Peter Drucker once said that “wherever you see a successful business, somebody made a courageous decision.” That’s the spirit behind the Certainty Project, a study from PYMNTS Intelligence highlighting...
February 13, 2024
The adoption of external working capital solutions has surged among growth corporates — commonly referred to as middle-market firms — in North America. This trend is driven by these solutions’...
February 07, 2024
Historically, working capital options for small and medium-sized businesses (SMBs) have been somewhat limited, and the current interest rate environment has only exacerbated this limitation. As a result, businesses have...
May 29, 2024
Relay has raised $32.2 million in a Series B financing round to accelerate product development of its business banking platform. With the new funding, the company will focus on its development of spend management, smart credit products and a financial application programming interface (API) marketplace, Relay said in a Wednesday (May 29) press release. The […]
April 22, 2024
French FinTech Payflows has raised $26 million for its all-in-one platform for finance teams. The company announced the funding on LinkedIn as it emerged from stealth Monday (April 22), saying that its platform would...
March 07, 2024
A strategic, forward-thinking approach to working capital helps separate top-performing middle-market firms from their peers, according to Visa. The latest release of the “2023-2024 Growth Corporates Working Capital Index,” noted...
March 05, 2024
BILL is adding new cash flow forecasting and insights capabilities to its financial operations platform for small- to medium-sized businesses (SMBs). These predictive cash flow tools are designed to provide...
