Materialsxchange news and trends

Today in B2B Payments: 2 Firms Raise Money to Expand Internationally
B2B Payments // September 20, 2022

Today in B2B payments, Zopper raises $75 million to expand its InsurTech services internationally, while Sievo raises $44 million to accelerate the growth of its procurement analytics platform in the United States and global markets. Plus, MaterialsXchange and Mickey aim to speed the digitalization of...

With Roots in Commodity Trading, MaterialsXchange Moves Lumber Sales Digital
eCommerce // September 20, 2022

Early on, marketplace platforms experience what’s known as an ignition problem — a kind of chicken-and-egg dilemma where prime movers need to start adoption before everyone else signs on, too, realizing the dynamics that make platforms so efficient. The digitization of retail commerce is now...

Today in B2B Payments: 2 Banks Announce New Services for Businesses
B2B Payments // September 02, 2022

Today in B2B payments, Live Oak Bank adds 10 lenders to its general Small Business Administration (SBA) lending team, while ACI Worldwide’s former corporate online banking unit becomes an independent company. Plus, everphone raises $32 million for Phone-as-a-Service, while a merger creates an end-to-end digital...

Tech Startup Mickey Merges With B2B Marketplace MaterialsXchange to Form Lumber Exchange
eCommerce // September 01, 2022

Mickey, a tech startup digitizing the trading of physical commodities, has joined with B2B eCommerce and digital marketplace MaterialsXchange, which matches lumber buyers and sellers across the U.S. and Canada, a press release said Thursday (Sept. 1). This will expand Mickey’s footprint into the commodity...

Interviews & Exclusives
With Roots in Commodity Trading, MaterialsXchange Moves Lumber Sales Digital

September 20, 2022
Early on, marketplace platforms experience what’s known as an ignition problem — a kind of chicken-and-egg dilemma where prime movers need to start adoption before everyone else signs on, too, realizing the dynamics that make platforms so efficient. The digitization of retail commerce is now firmly rooted in platform dynamics — Amazon being a good […]

Quick Reads
MaterialsXchange Adds Automated Ordering to Wholesale Lumber Marketplace

February 01, 2023
MaterialsXchange has updated its B2B marketplace for lumber, panels and other building material products. The marketplace now includes a streamlined ordering process that lets suppliers offer an ask/bid pricing structure that allows prices to be negotiated and transactions to occur instantly. It also enables buyers to receive alerts or order products directly, MaterialsXchange said in […]