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Trade Finance, Early Wage Access Take B2B VC Lead

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million in combined funding, B2B FinTechs remain resilient in today’s current market. Investments ranged across geographies and industries, but the biggest highlights landed on trade financing and early wage access innovators, as startups bolster their value by supporting small businesses’ and employees’ financial recovery.

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Avignon Capital Rolls Out Accounting Service To Help Real Estate Investors

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To help real estate investors contend with the increasingly complicated accounting and compliance work particular to real estate, Avignon Capital , a European firm, has rolled out a new in-house corporate accounting offering. The firm, for its part, said the pandemic has brought about a new array of challenges to real estate investors.

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US B2B Startups Dominate $337 Million Worth Of Funding

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Combined, more than $337 million in funding will fuel growth for an array of B2B startups that revealed their latest funding rounds this week. Texas’ SpyCloud delivers protection against account takeover for its corporate clients. Its platform provides proprietary cyber-risk analysis technology to corporate customers.

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SMB Funding Embraces The Open Banking Way

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It may be an open road for open banking as, three years after the rollout of the second Payment Services Directive (PSD2), bank-FinTech collaborations and new initiatives unlocking bank account data continue to flourish. FinTech partners include small business credit risk analysis company AccountScore and small business data company Codat.

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Euler Hermes Collaborates On Same-Day Factoring

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Euler Hermes has made a strategic investment in FinTech APiO , reports this week said, as well as a collaboration that will see the companies develop the ApiO.EarlyPay solution to connect small businesses with faster financing. Our solution is fast, simple and easy to use, and can fund in the same business day.”.

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Mastercard: Micro Businesses Can Move Financial Inclusion’s Largest Roadblocks

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Promoting financial inclusion — a lofty ambition targeting two billion people around the world who currently live without the ability to securely send and receive money — is about more than taking cash away, handing those consumers an electronic payments solution and opening up bank accounts for them. But balances remain at zero.

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Reckon Shares Details On Its Aussie Alt-Lending Entrance

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Primarily, Reckon provides small and medium-sized enterprises with cloud accounting solutions, but now, it’s utilizing the data it has about small businesses to its advantage by partnering with alternative lending company Prospa to underwrite loans to its SME users. “This is transforming the credit risk analysis process.