PYMNTS

DECEMBER 29, 2020

In this week's roundup of bank-FinTech collaboration and open banking initiatives, Citi embraces the unlocking of account data to third-party FinTechs, while WEX weighs in on opportunity for banks to take advantage of partnerships. The company is focusing on users that may be underbanked, lacking traditional bank accounts.

Cash Flow Forecasting 123

Cash Flow Forecasting B2B Startups Financial Data 123

PYMNTS

AUGUST 5, 2019

B2B payments startup ePayRails has announced new funding to focus on further technological development of its Payment Hub. million in Series A funding led by Aspire Fund Management, which provided $2 million. In a press release Friday (Aug. 2), ePayRails said it secured $2.45

B2B 40

B2B Startups Securities Accounts Payable 40

PYMNTS

JULY 14, 2017

one startup operating in a B2B FinTech industry rarely seen on the VC roundup landed the second-largest investment round of the week. Accounts Receivable. With headquarters in California, PayStand provides cash management and accounts receivable solutions to business customers using blockchain and SaaS tools.

B2B 53

B2B Startups B2C Cash Management 53

Global Finance

SEPTEMBER 5, 2024

Other technological innovations from these labs address everything from improving anti-money laundering (AML) compliance and easing underwriting processes to speeding up customer onboarding and improving cash management for small and midsize enterprise (SME) clients. Thus far, 64 startups have graduated from the lab.

Startups 52

Startups Finance Banking Technology 52

PYMNTS

JULY 10, 2017

B2B payments startup PayStand announced new funding last week, but the investment is notable for more than one reason. Reports Friday (July 7) said PayStand was one of two startups that attracted financing from LEAP Global Partners’ first early stage venture capital fund, LEAP Partners I.

Startups 40

Startups B2B Investments B2C 40

PYMNTS

SEPTEMBER 20, 2016

That expansion also means challenges for the businesses in how they manage their accounts and finances, as well as their relationship with business or consumer subscribers. ” When billing on a recurring basis instead of a single time, manual accounting tactics can make cash management monumentally more difficult.

B2B 78

B2B Accounting Invoicing Entertainment 78

PYMNTS

OCTOBER 25, 2017

Countingup , a FinTech that aims to combine and streamline corporate banking and accounting for small- and medium-sized businesses (SMBs), secured fresh funding this week, according to news from TechCrunch. We’re doing that by combining accounting and banking into one simple smartphone app.”. later this year. later this year.

Accounting 44

Accounting Banking Invoicing Construction 44

PYMNTS

JANUARY 17, 2017

According to TechCrunch , Qonto has identified critical issues in business banking, most notably the cost of a corporate banking account. The company will launch a solution that enables business owners to open a bank account in only a few minutes.

Startups 43

Startups Securities Banking Cash Management 43

Global Finance

OCTOBER 11, 2024

This time, the failures disproportionally affected the venture capital-backed tech startup sector that these banks catered to. The experience in delivering products such as deposits, accounts, cards, facilities, transfers and payments helped develop and launch QNB Bebasata digital bank in Egypt, a subsidiary of QNB Alahli, in March 2023.

Banking 107

Banking Foreign Exchange Profit and Loss Finance 107

PYMNTS

JANUARY 7, 2021

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. billion in cash proceeds. SoFi’s technology platform Galileo , which it acquired in April, has helped position the startup at the nexus of the digital transformation in banking and financial services.

Planning 73

Planning Valuation Startups Cash Management 73

Boston Startup CFO

OCTOBER 29, 2012

If you’re running an early-stage startup, chances are there are some knowledge gaps in your core team. Are you prepared to manage the day-to-day of your startup, from recruiting new talent to bookkeeping to financial planning? Look for a professional CFO who has experience working with startups. So, what should you do?

Startups 52

Startups Mergers and Acquisitions (M&A) GAAP Accounting Principles 52

Navigator SAP

FEBRUARY 17, 2022

Here are some of the top ERP functional areas of management: Accounting and Finance As money flows in and out, how many software solutions are you using to keep tabs on where it’s going?

SAP 130

SAP Invoicing Manufacturing Compliance 130

PYMNTS

SEPTEMBER 21, 2018

Investors are clearly impressed, thanks to a funding round for one startup that now claims it may be the fastest-growing enterprise software company in history. by enabling corporate users to access all of their bank accounts in a single portal. million, according to e27 reports.

B2B 75

B2B Startups Accounts Payable Investments 75

PYMNTS

OCTOBER 29, 2020

We see a huge opportunity with API Banking to streamline the process of working with businesses, startups and developers who are building applications and businesses that are in search of this type of banking service,” John Relyea , senior vice president of commercial API banking at Radius Bank, said in the announcement. "The

Banking 72

Banking B2B Treasury Cash Management 72

Collectiv

JANUARY 2, 2023

With years of finance experience and dozens of successful startup clients under his belt, Josh had plenty of amazing insights for CFOs heading into 2023. We’ve seen huge technological strides in cash management, accounts receivable, billing, planning, and analysis…the list goes on. Opportunities For CFOs in 2023.

Financial Planning and Analysis (FP&A) 59

Financial Planning and Analysis (FP&A) CFO Finance Leadership 59

PYMNTS

MAY 19, 2017

Surprise, surprise: a cybersecurity startup saw the largest funding round of the week by far. WannaCry’s explosive impact on the industry has enterprise security on everyone’s mind, and this startup is now a unicorn because of that attention, closing $100 million in Series D financing. Cash Management. B2B Marketing.

B2B 61

B2B Investments B2C Cash Management 61

PYMNTS

MAY 31, 2019

-based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, Big Data and even legal management for startups raising new funding were all targeted among investors.

B2B 57

B2B Accounts Payable Invoicing Valuation 57

BlueLight

JULY 30, 2020

Forward In the current economic crisis, business leaders from early-stage startups to large multinational corporations have had to make difficult decisions. My motivation was to understand the responsibility of the CFO suite, the process of billing to accounting, and the software tools available to run an effective finance office.

CFO 52

CFO Financial Planning and Analysis (FP&A) Strategic Planning Startups 52

PYMNTS

MAY 31, 2017

While it’s commendable for a micro-business owner to want to remain small enough to control the books, the fact is, many entrepreneurs are inept when they put on their accountant’s hat. ” The same issue falls upon that part-time accountant or small business bookkeeper, Simpson added. and she has Wave.

Cash Management 51

Cash Management Invoicing Accounts Payable Financial Data 51

PYMNTS

JANUARY 16, 2020

For example, startup Revolut has an API that accesses clients’ financial data on the Intuit QuickBooks accounting platform and adds banking connectivity, giving SMBs new transparency and control over liquidity, cash management and more.

B2B 53

B2B Finance Banking Cash Management 53

PYMNTS

JULY 16, 2019

Billie, a Germany-based startup offering invoicing and financing solutions for small businesses and corporates, announced about $33.6 million in new funding, according to TechCrunch reports Tuesday (July 16). Investors at Creandum led the Series B round, while SpeedInvest, Rocket Internet’s GFG and Picus also participated, reports said.

Finance 40

Finance Invoicing B2B Accounts Payable 40

PYMNTS

DECEMBER 12, 2019

Robinhood Rolls Out Interest-Earning Bank Account. Online brokerage startup Robinhood launched a cash-management feature that gives customers 1.8 The feature is offered in partnership with a bank, which differs from the unsuccessful checking and savings account product they launched last year.

Advertising 40

Advertising Cash Management Startups Accounting 40

PYMNTS

DECEMBER 11, 2020

Peter Hazlehurst, CEO of Synctera, tells Karen Webster that Synctera is a next-gen banking-services platform that facilitates FinTech scale by enabling banks to leverage their current compliance and account-servicing capabilities in new ways. The FinTech as a Service launched Tuesday (Dec. Report: Digital Lender SoFi Eyes IPO Via SPAC.

eCommerce 70

eCommerce Retail Cash Management Banking 70

PYMNTS

DECEMBER 1, 2016

PayCar, a FinTech startup created to purchase used cars, has received a round of venture funding, which included BNP Paribas as a participant. The person buying the car credits his or her PayCar account, and once the deal closes, the agreed-upon price immediately is transferred from the PayCar account to the seller by using a smartphone.

Investments 43

Investments Foreign Exchange Cash Management Startups 43

PYMNTS

NOVEMBER 22, 2016

Researchers forecast mobile payments to account for $1 trillion in transactions next year. MC Payment , a startup based in Singapore, is a FinTech startup in the region that is riding the B2B mobile payments wave. The accounts receivable tool targets some of what Koh described as the deepest pain points in B2B payments today.

B2B 65

B2B B2C Vendor Management Reconciliations 65

PYMNTS

MARCH 1, 2016

Meanwhile, AvidXchange, which provides accounts payable and automation solutions for corporations, also landed among the elite with a $225 million funding round led by Bain Capital in September. Consumer-focused FinTech players continue to receive the bulk of support, with peer-to-peer FinTech startups grabbing 22 percent of the value in U.K.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

OCTOBER 22, 2019

However, as customers’ payment preferences shift to paying with credit or debit cards, cash falls in short supply, and creates a headache for restaurant workers and managers alike. Instant tip payouts are beneficial for restaurants, servers and diners alike.

Cash Management 40

Cash Management Startups Economics Accounting 40

PYMNTS

JULY 19, 2018

entered into an agreement late last month with Infosys Finacle in order give corporate customers access to a platform that works across accounts and is compatible with any device. Using API technology, customers can integrate Santander’s cash management solutions into existing ERP systems. In another example, Santander U.K.

B2B 46

B2B Banking Cash Management Technology 46

PYMNTS

FEBRUARY 15, 2018

This uptick in growth stems from what ICBA Bancard terms “startup” and “start over” programs. In a startup, a community bank may be brand new to credit card issuing and might have decided to enter this space for any number of strategic reasons. But] a credit card is not always top of mind,” Giorgio said. “In

Banking 47

Banking Education Prioritization Startups 47

Barry Ritholtz

MAY 7, 2024

She’s also involved with wealth.com, and I could, I could give you a long list of all the things she’s, she’s done Kahoot, super telly, just all, all these really fascinating startups. So I, you know, I, I learned so much and Microsoft was like a startup inside of a big company for me. Like that was the hot thing.

Advertising 57

Advertising Startups Technology Investments 57

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. SME Accounting. FreshBooks.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

PYMNTS

FEBRUARY 29, 2016

In this week’s Data Digest, we take a trip around the world to uncover the evolving habits of business payments and cash management. That’s according to a new startup called DragonBill , created to combat late payment problems that can weigh especially heavy on the smallest of enterprises.

Banking 40

Banking Valuation Treasury Cash Management 40

PYMNTS

AUGUST 18, 2017

“Tipalti’s vision is to free the finance and payments team from the minutiae and complexity and risk involved in today’s accounts payable and supplier payments workflow,” Israch said. and overseas.”.

Accounts Payable 46

Accounts Payable Invoicing Compliance Auditing 46

PYMNTS

AUGUST 2, 2018

That connectivity, Rhodes stated, is one that remains a goal of iGTB, with software in place for digital banking that can help transform cash management – and that the bank need not rip and replace all of its legacy assets. For, as Rhodes maintained, a true payment happens when money is moved between bank-owned accounts.

B2B 40

B2B Banking Cash Management Invoicing 40

PYMNTS

JUNE 13, 2016

According to Kauffman, these entrepreneurs are critical for job growth and economic strength, though pointed to the tendency for startups to delay hiring, contributing to a bit of jobs growth weakness recently found in the country. 88% of finance professionals anticipate a rise in payments fraud , said TD Bank in its latest analysis.

Accounts Payable 41

Accounts Payable Corporate Finance Treasury Invoicing 41

PYMNTS

NOVEMBER 16, 2018

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. Another nine-digit investment round was landed by a startup this week.

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

OCTOBER 24, 2019

The latest in commercial card innovation reflects that, with new solutions ranging from cards designed for small businesses with high travel spending to products designed with more flexible credit limits for cash-strapped startups. T&E Goes Virtual. Amex Embraces Open Banking.

B2B 40

B2B Startups Prioritization Cash Management 40