PYMNTS

JULY 17, 2020

Several B2B FinTechs topped the list in Q2, however, including commercial card startup Brex, which raised $150 million, as well as global business account service provider Airwallex with $160 million and small business alternative lender Fundbox with a $200 million raise — the largest of the quarter. ’s Ravelin secured $20.6

B2B 90

B2B Investments Accounts Payable Startups 90

PYMNTS

AUGUST 5, 2019

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

B2B 40

B2B Startups Securities Accounts Payable 40

PYMNTS

MARCH 29, 2019

Equity investments reigned this week, thanks to backing for accounts payable (AP) automation firm MineralTree and treasury management company Kyriba , but it was the logistics market that saw the largest venture capital round — and secured another unicorn for the B2B startup space. MineralTree. Existing backers.406

B2B 53

B2B Startups Accounts Payable Treasury 53

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. Open banking platform Cobase secured an $8.88 by enabling corporate users to access all of their bank accounts in a single portal. said this week. Another U.K.

B2B 75

B2B Startups Accounts Payable Investments 75

PYMNTS

JANUARY 24, 2020

Venture capital (VC) is not easily available to every startup, but this week, VC investors hinted at a big year ahead for the B2B FinTech space. In its oversubscribed series A funding round, OnPay , a Georgia-based payroll software startup, secured $6 million, the company said this week. Flutterwave. AvidXchange.

B2B 79

B2B Accounts Payable Startups Investments 79

PYMNTS

JULY 16, 2020

Commercial card innovation continues to make big waves in the accounts payable (AP) department, as corporates and card issuers alike explore new ways to drive business spend on cards beyond business trips or ad-hoc purchases. Accrualify Taps Visa For Corporate Card Offering. Privacy.com Sets Sights On Business Cards. Now, with $10.2

Accounts Payable 64

Accounts Payable SAP B2B Invoicing 64

PYMNTS

OCTOBER 8, 2019

Visa has teamed up with business expense management firm Payment Logic to support the use of commercial cards in accounts payable for Australian businesses. The solution supports integration into businesses’ existing accounting and bookkeeping platforms and will make use of Visa’s existing global network and security capabilities.

Accounts Payable 57

Accounts Payable Reconciliations Accounting Startups 57

PYMNTS

DECEMBER 2, 2016

The nation saw four startups take home investment out of a total of seven investment rounds. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Another Indian B2B eCommerce startup announced its own funding. 1) that it secured $32.2 with an $18 million investment.

B2B 53

B2B Accounts Payable Startups eCommerce 53

PYMNTS

APRIL 26, 2019

It was a slow week for B2B FinTech funding rounds, but investors nevertheless provided an impressive sum to industry startups. India’s FinTech boom hasn’t ignored the B2B payments realm, and industry player EnKash recently secured new funding to prove it. Interestingly, U.S.

B2B 70

B2B Accounts Payable Invoicing Startups 70

PYMNTS

DECEMBER 30, 2020

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. Italy's Deliveristo secured a $5.51 In addition to global expansion, the company said it plans to invest in its own infrastructure, reports said. Deliveristo.

B2B 84

B2B eCommerce Banking Accounts Payable 84

PYMNTS

NOVEMBER 25, 2019

In today’s top payments news, India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information.

Securities 52

Securities Accounts Payable Startups Transportation 52

PYMNTS

OCTOBER 6, 2017

While all startups are doing their own thing and trying to solve different problems, many of those problems boil down to the same core issue: From onboarding to payouts and everything in between, the old way of doing things is just too slow. nanopay: Bringing Speed, Security To Cross-Border Digital Payments. First, on Oct.

Startups 40

Startups Accounts Payable Securities Banking 40

PYMNTS

APRIL 6, 2018

On the surface, investors were quite varied this week when it came to backing B2B startups. With more than $95 million in financing placed, startups across eProcurement, cybersecurity, logistics, alternative finance, blockchain and supply chain management secured support. IndustryBuying. Alternative Finance. Namaste Credit.

B2B 46

B2B Startups Accounts Payable Finance 46

PYMNTS

JANUARY 11, 2018

B2B payments startup Finexio announced new funding this week. 10) that it secured $4 million in Series A funding led by James R. Finexio develops solutions with the aim of reducing companies’ reliance on paper in accounts payable departments. The company said Wednesday (Jan.

B2B 40

B2B Startups Accounts Payable Accounting 40

PYMNTS

MARCH 30, 2018

Combined, more than $337 million in funding will fuel growth for an array of B2B startups that revealed their latest funding rounds this week. based startups dominated, with investors focusing on cybersecurity solutions and on startups that aim to streamline back-office functions. Kenna Security. Cybersecurity.

Startups 46

Startups B2B Mergers and Acquisitions (M&A) Accounts Payable 46

PYMNTS

SEPTEMBER 19, 2018

A robotics process automation (RPA) startup has just secured a $3 billion valuation as B2B FinTech continues to explore how the technology will disrupt the market. ” At present, the startup has 1,800 corporate customers averaging six new clients added each day. A press release issued Tuesday (Sept.

Valuation 57

Valuation Accounts Payable Reconciliations Startups 57

PYMNTS

DECEMBER 2, 2019

Indeed, the latest cases rounded up by PYMNTS show that the threats of external BEC scams and internal accounts payable fraud are alive and well. KPMG, for example, recently announced a partnership with cybersecurity firm nsKnox to deploy its KPMG Secure Payments tool.

Accounts Payable 70

Accounts Payable Invoicing B2B Accounting 70

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

B2B 69

B2B Investments Accounts Payable Benchmarking 69

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 Currencies Foreign Exchange Startups 77

PYMNTS

NOVEMBER 18, 2016

Though averaging about $1 million per loan, the company said it has just secured a $10 million line of credit for a borrower, its largest to date. 17) that it secured $1.81 According to the startup’s CEO, McCabe Callahan, the money will be used to meet increasing demand for its services both in the U.S. and abroad.

B2B 74

B2B Accounts Payable Startups B2C 74

PYMNTS

MAY 31, 2018

Here’s how these startups are hastening the robots’ day. The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. Chargehound.

Startups 43

Startups Compliance Accounts Payable Invoicing 43

PYMNTS

AUGUST 14, 2020

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. Accounting automation startup CANDIS secured about $14.2

B2B 65

B2B Finance Accounts Payable Startups 65

PYMNTS

JULY 26, 2019

Gusto’s payroll technology secured the largest investment round of the week with $200 million. But a closer look at the rest of the B2B funding market shows investors turned to FinTechs helping small businesses grow and operate across borders, with FX, cross-border payment, and trade finance solutions securing new funding. Raising $62.26

B2B 62

B2B Accounts Payable Startups Currencies 62

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. Awake Security. Canada and India.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

PYMNTS

MAY 31, 2018

Here’s how these startups are hastening the robots’ day. The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. Chargehound.

Startups 40

Startups Compliance Accounts Payable Invoicing 40

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

PYMNTS

SEPTEMBER 15, 2016

” According to its announcement, Tipalti will look to position its accounts payable tool across a broader range of corporate clients, including expanding its breadth of company sizes, industries and geographic regions. The investment will also go towards R&D, product development and customer support. .

Accounts Payable 67

Accounts Payable B2B Leadership Finance 67

PYMNTS

MARCH 23, 2018

B2B startups haven’t seen an investment week this busy in some time. Still, with a combined $106 million raised, blockchain startups didn’t have a bad week either. While announcing $1 million in seed funding, Finhaven said it is also rolling out a blockchain-based securities law compliance solution. Blockchain. B2B payments.

Investments 44

Investments Accounts Payable Banking Startups 44

PYMNTS

FEBRUARY 11, 2020

Signature Bank, based in Chicago, announced a new accounts payable solution for its corporate clients designed to support businesses’ demand for choice when it comes to payment rails. Signature Bank Mixes Rails For AP. Cashfree Links India Firms To Faster Payments. Clear Embraces Blockchain For High-Volume Transactions.

B2B 89

B2B Accounts Payable Startups Banking 89

PYMNTS

APRIL 22, 2020

With more B2B payment technology providers turning their attention to the electronic invoice, the document has become a keystone that connects accounts payable (AP) and accounts receivable (AR) portals. AP Startup Libeo Eyes Vendor Collaboration. For accounts payable, it’s a one-stop-shop to make a payment.”.

Accounts Payable 56

Accounts Payable Invoicing B2B Currencies 56

PYMNTS

OCTOBER 13, 2016

12) that it secured $28 million in funding led by Mainsail Partners. ” Nexus offers the NexusPayables solution to automate the accounts payable process for companies starting at the beginning of their procurement activity. . The procure-to-pay solution offered by Nexus Systems has attracted venture capital.

Accounts Payable 62

Accounts Payable Invoicing Compliance Leverage 62

PYMNTS

MARCH 26, 2018

B2B payments startup Candex announced $3.5 A press release issued Friday (March 23) said Candex secured the funding from Edenred Capital Partners, Partech Ventures, Advisors.fund, Camp One Ventures, NFX, Tekton Ventures, Big Sur Ventures and angel investor Mark Goines. million in new funding late last week.

Accounts Payable 43

Accounts Payable Vendor Management B2B Startups 43

PYMNTS

JANUARY 14, 2021

Today in B2B payments, Citi announces its news Treasury and Trade Solutions (TTS) head, while Rho lands new funding and adds accounts payable to its business banking technology. Before taking that role, Khaliq had served as global head of Direct Custody & Clearing inside of Markets and Securities Services since 2017.

B2B 56

B2B Accounts Payable Banking Invoicing 56

PYMNTS

JANUARY 13, 2017

It marks the incubator’s quest for a second round of startups to support; its first round included Yoke Payments , which won the PYMNTS.com Best POS Innovation award last year, as well as Spend Secure LLC, which offers mobile payments, accounts payable and travel expense management solutions. “We

B2B 49

B2B Foreign Exchange Accounts Payable Startups 49

PYMNTS

SEPTEMBER 27, 2019

This week, two massive deals landed with B2B payments innovators at Fundbox and Tipalti, but they were far from the only players to have secured new funding. Below, PYMNTS breaks down how more than $420 million in funding landed with B2B startups. Developed as an online bank for startups, Mercy launched in April of this year.

B2B 59

B2B Accounts Payable Startups Advertising 59

PYMNTS

JUNE 8, 2020

Open banking may soon become table stakes for financial institutions (FIs) — they need to act now and be able to offer it securely or risk getting left behind. FIs therefore cannot afford to drag their feet on implementing open banking, but many may be concerned that third-party access to customer data will exacerbate security challenges.

Banking 60

Banking Accounts Payable Securities Accounting 60

PYMNTS

MAY 1, 2020

Logistics and freight technology startup Nuvocargo issued a press release announcing $5.3 Wise is one of them, and reports said the company has just secured $5.7 It was a niche B2B eCommerce platform for the architecture and design arena, however, that landed the most funding. PYMNTS breaks down all the latest deals below. and Mexico.

Banking 66

Banking B2B Accounts Payable eCommerce 66