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DueCourse Raises $8M For Invoice Financing Solution

PYMNTS

Startup DueCourse announced an $8.14 million seed funding round in support of its cloud-based invoice financing solution for SMEs, reports said on Monday (Sept. The company aggregates data from cloud-based accounting solutions used by its SME borrowers, like Xero and Sage, reports said. million in July. million in July.

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5 Accounting Challenges Startups Face and How to Help Them Thrive

The CFO College

Startups tend to operate on shaky ground. 90% of startups will fail - period. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. The key is understanding a startup's challenges and providing solutions to facilitate company growth. startups need you.

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Payments Startup Veem Introduces New Tool For Easy B2B Payments 

PYMNTS

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. even people who don’t have a Veem account. . A recent study showed that 43 percent of invoices are affected by late payments. 18) press release.

B2B 109
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New Shine Feature Lets Customers Insure Invoices

PYMNTS

Challenger bank Shine , a French startup, has introduced a new program to insure invoices to help make sure they are paid, according to a TechCrunch report. With Shine’s new service, after an invoice goes unpaid for a certain amount of time, the bank contacts the other company to remind them to pay.

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FinTech Startup Revolut Raises $80M In New Funding, Now Valued At $5.5B

PYMNTS

London startup mobile bank Revolut Ltd. Revolut is an app-based consumer bank account that allows customers to send and receive money and use built-in budgeting tools. In May, Revolut said it will integrate its products with Clear Books , which offers accounting software for small businesses.

Startups 102
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Invoice Startup Upflow Raises $2.7M

PYMNTS

French startup Upflow , a company that wants to streamline the invoicing process for companies, help them stay organized and ensure they get paid on time, has raised $2.7 Many companies have relied on Excel spreadsheets to keep track of invoicing information, and Upflow has created a proprietary system to improve on that.

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Talent retention in Southeast Asia: Accountants as valuable assets

Future CFO

Talent shortage among accounting staff continues to persist in many parts of the world including Southeast Asia, with the issue being most felt by small accounting firms that struggle to compete with the big accounting firms: KPMG , PwC , Ernst & Young , and Deloitte.