To speed up its global expansion, digital travel management firm Itilite has notched $13 million in a Series B round led by Vy Capital and Greenoaks Capital. Matrix Partners India participated in the round, as did other current investors in the company, Phocuswire reported. Get the Full Story Complete...
To support large business banking customers affected by COVID-19 in Britain, Barclays is rolling out its Coronavirus Large Business Interruption Loan Scheme. The bank said in an announcement that is extending its support to firms not eligible for COVID-19 Corporate Finance Facility support nor covered...
The coronavirus pandemic has some organizations playing payment rails musical chairs in their accounts payable (AP) departments as they adjust payment strategies (and methods) to suit their needs in a volatile, remote working environment. Get the Full Story Complete the form to unlock this article...
Post-financial crisis, an influx of alternative lending players emerged to accelerate business finance digitization and expand choices for borrowers. In many ways, it was great news for small businesses, whose owners sought ways to obtain a loan in the same digital-native ways they sought financing...
While the U.S. continues to struggle with paper invoices in accounts receivable (AR) and paper checks in accounts payable (AP), its neighbor to the south has emerged as the world leader in eInvoicing adoption. Get the Full Story Complete the form to unlock this article...
Finnish software firm Basware has announced an upgrade of its accounts payable (AP) automation solution to allow increased functionality for invoicing. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins...
Australian Small Business & Family Enterprise Ombudsman Kate Carnell is calling for federal legislation mandating that small- to medium-sized businesses (SMBs) be paid in 30 days, according to a LinkedIn post she wrote. Get the Full Story Complete the form to unlock this article and...
To help small businesses run in a more digital-first environment, customer relationship management (CRM) company vCita has teamed with Mastercard in Europe to the roll out the Business Unusual platform, according to an announcement. Get the Full Story Complete the form to unlock this article...
To support small businesses that needed to change course because of the coronavirus, Vancity has rolled out its Unity Pivot Business Loan. Businesses changing direction to support the battle against the pandemic can tap into loans of up to $150,000, which will be interest free for...
