Tagged: b2b

Mogo Announces Expansion into Global B2B Fintech Market Through Digital Payments Technology Carta Worldwide Acquisition

Canadian fintech Mogo Inc. (TSX:MOGO) (NASDAQ:MOGO) announced on Tuesday it has reached a definitive agreement to acquire Carta Solutions Holding Corporation, also known as Carta Worldwide. According to Mogo, Carta is a next-gen digital payments solution and through the acquisition, Mogo will be expanding into… Read More

Rapyd Expands Asia-Pacific Footprint By Launching Payment Capabilities in South Korea

  Rapyd, a global B2B Fintech as a Service provider, announced on Tuesday it has extended its Asia-Pacific footprint by launching its “all-in-one” payment capabilities in South Korea. Rapyd teamed up with Korean payment service providers KCP, PayLetter, and others to provide access to South… Read More

Small Business B2B Search Engine Developer, Grata, Is Using Machine Learning, NLP to Implement its SaaS Platform

Grata, a company developing the “first-of-its-kind” small business B2B search engine, has secured $3.2 million in seed funding. As mentioned in a release shared with CI, Grata’s investment round was led by Bling Capital along with participation from Accomplice and Alumni Ventures Group. Former executives… Read More

French B2B Fintech Spendesk Announces Additional $18 Million to Series B Investment Round

Spendesk, a France-based b2b fintech, announced on Tuesday it secured an additional $18 million through its Series B investment round, which was led by Eight Roads Ventures. The addition brings the total raised to $68.5 million. Founded in 2016, Spendesk describes itself as an all-in-one… Read More

B2B fintech Tipalti Secures $150 Million Through Series E; Brings Valuation to More Than $2 Billion

  U.S.-based B2B fintech Tipalti announced on Tuesday it secured $150 million through its Series E funding round, which was led by Durable Capital Partners with participation from Greenoaks Capital and participation from current investor 01 Advisors. The investment round reportedly brought the company’s valuation to… Read More

B2B Cross-Border Payment Network Thunes Secures $60 Million Through Series B Funding Round Led By Helios Investment Partners

Thunes, a global B2B cross-border payments network, announced on Tuesday it secured $60 million through its Series B funding round, which was led by Helios Investment Partners with participation from Checkout.com, GGV Capital, and Future Shape. Founded in 2016, Thunes stated its platform provides a “seamless”… Read More

One in Five Latvian Startups are Fintech Firms, Nearly 90% of Startups to Hire More Staff, Despite COVID-19 Challenges: Report

  One in five or 20% of startups in Latvia are part of the nation’s Fintech sector, according to a report released on July 24, 2020. Swedbank Latvia, a large retail bank, teamed up with the Latvian Startup Association in order to publish a Fintech… Read More

Norwegian and Scottish Fintech EedenBull and Mastercard to Streamline B2B Payments in Asia Pacific (APAC)

Mastercard and EedenBull will be supporting the launch of a digital banking platform in the APAC region. The new digital bank will be serving businesses in Asia by helping them process payments in a more efficient manner. EedenBull is a Norwegian Fintech firm that has… Read More

San Francisco based Fintech Fundbox, a B2B Payment and Credit Network Provider, Receives Investment from Japan’s MUFG

Fundbox, a Fintech firm focused on “disrupting” the global $21 trillion B2B commerce ecosystem with its payment and credit network for B2B transactions, confirmed on May 26, 2020, that it received a fresh equity investment from MUFG Innovation Partners Co., Ltd., the corporate VC division… Read More

Update: Common Objective Set to Close Crowdcube With Nearly £400,000 in Funding

  Common Objective, a global B2B fashion sourcing and information platform, is set to close its equity crowdfunding platform Crowdcube with nearly £400,000 secured. The funding round was launched last month and has already attracted more than 300 Crowdcube investors. As previously reported Common Objective… Read More

Igal Rotem: Founder of Fintech Credorax Discusses Business Continuity Plans During COVID-19 Crisis

The economic downturn due to the Coronavirus (COVID-19) has led to small businesses re-evaluating their operations and business plans, in order to survive during these challenging times. Fintech firms and digital banks have been forced to lay off their employees as they try to cut… Read More

Fintech Firm EedenBull to Expand its Presence in the B2B Digital Payments Sector

Fintech firm EedenBull will be expanding its presence in the evolving B2B payments sector. The Norwegian and Scottish company revealed recently that it’s planning to introduce its commercial cards platform to banks interested in exploring the vast potential opportunities in the B2B space. EedenBull’s management… Read More

Fintech Job Security Report: B2B Financial Technology Company Employees at Lower Risk of Losing Jobs than Customer-Facing Roles at Neobanks During COVID-19

Although certain Fintech firms may be dealing with a funding freeze or they may be generating lower revenues, the UK’s financial technology industry most likely won’t experience as many problems due to COVID-19, when compared to other sectors. This, according to a recent report from… Read More

Payoneer Announces New Collaboration With Anna to Bring AI to B2B International Payments

Digital payments company Payoneer announced last week it has formed a partnership with UK business account app ANNA to bring artificial intelligence (AI) to business to business (B2B) international payments. According to Payoneer, the partnership will allow ANNA customers, who are SMBs and freelancers, to… Read More

Rapyd Announces Expansion of Mass-Payout Platform Rapyd Disburse

Rapyd, a global B2B Fintech as a Service provider, announced on Monday it has made a major expansion of its mass-payout platform, Rapyd Disburse. Rapyd reported it has made significant investments in the Rapyd Global Payments Network in Europe and the Americas, and now offers… Read More

Overfunding: Global B2B Sourcing & Information Platform Common Objective Quickly Surpasses £350,000 Crowdcube Funding Target

  Common Objective, a global B2B fashion sourcing and information platform, has successfully secured its initial £350,000 funding target through equity crowdfunding platform Crowdcube. Founded in 2016, Common Objective (CO) describes itself as an online platform that uses personalization and matching technology to connect buyers… Read More

Accenture Announces Acquisition of B2B Marketing Service Agency Yesler

Accenture (NYSE) announced on Thursday it has acquired Yesler, a B2B marketing service agency. This latest acquisition comes less than a month after Accenture acquired ESR Labs, a Munich-based company that develops embedded software for German car brands and suppliers, and Mudano, which is a… Read More

Singapore Banking Group DBS Launches B2B Payments Solution

Banking group DBS announced on Monday it has launched a new solution to transform cash and paper-based B2B payments and collections landscape for businesses in Singapore. The bank reported its QR-code based solution is powered by DBS RAPID and DBS MAX and addresses Singapore’s aim… Read More

Fintech Innovation May Address Late Payments and Unpaid Invoices Problem in UK’s B2B Industry: Report

New research performed in the UK has revealed that fewer business-to-business (B2B) invoices were paid late in 2019 when compared to 2018. Construction company Kier Construction is among several firms that have benefited from the UK’s efforts to settle payments in a timely manner. The… Read More

Japanese Business to Business Payments Firm JCB Partners Blockchain Developer Keychain to Deploy DLT Payments Solutions

Japan-based JCB, an established business to business (B2B) payments company, is teaming up with the Singapore blockchain tech solution developer Keychain, in order to deploy DLT-based platforms in the country’s payments industry. According to a press release, Keychain is creating a new data security framework… Read More

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