Adyen (AMS: ADYEN) has announced that it is partnering with BILL (NYSE: BILL), a financial operations platform for small and midsize businesses (SMBs), to deliver advanced acquiring and issuing experiences for BILL’s accounts payable (AP) and accounts receivable (AR) solutions.
The partnership started with Adyen for Platforms’ card acquiring and has “grown also to include card issuing capabilities, marking a natural progression across Adyen’s platform offering.”
Blake Breathitt, SVP of Platforms and Financial Products at Adyen, said they look forward to being a part of BILL’s robust ecosystem of card products and service
Adyen’s card issuing services have “been incorporated into BILL’s virtual card offering as part of BILL Accounts Payable and Accounts Receivable solutions, enhancing BILL’s suite of financial products and services.”
Adyen provides BILL with technology “to drive further innovation and opportunities to help SMBs thrive through seamless payment experiences.”
As covered, Adyen is “the financial technology platform of choice for leading companies.”
By providing end-to-end payment capabilities, data-driven insights, and financial products in a single global solution, Adyen helps businesses “achieve their ambitions faster. With offices around the world, Adyen works with the likes of Meta, Uber, H&M, eBay, and Microsoft. The cooperation with BILL, as described in this merchant update, underlines Adyen’s continuous growth with current and new merchants over the years.”
As noted in the update, BILL claims it is “a leading financial operations platform for small and midsize businesses (SMBs). As a champion of SMBs, we are automating the future of finance so businesses can thrive.”
