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Investors Back B2B Startups With An Eye On SMB Finance

PYMNTS

Some startups focused on data aggregation to expand underwriting capabilities, while others operate platforms to facilitate financing. But it was a startup wielding the corporate card to enable digital lunch vouchers for employees that landed the largest round of the week. Based in France, Memo Bank announced a $22.5

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Report: Worldwide Accounts Payable Software Market To Reach $1.567M

PYMNTS

Zion Market Research released a report about the accounts payable software market on Wednesday (March 20), estimating the market will reach about $1,567 million by 2025, according to a release by the company. The global accounts payable software market is segmented on the basis of type and application.

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Accounts Payable Automation And Innovation Friction

PYMNTS

Innovation for accounts payable is often an afterthought, but automated solutions can efficiently onboard customers, cut back on errors and eliminate paper-based invoicing systems. And, in retail, apart-hotel startup Locale raised funds in a seed round as it looks to create a boutique experience for travelers in apartment buildings.

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Mastering Financial Services with Cash Flow Management

CFO Plans

A case in point is a mid-sized manufacturing company that saw its accounts receivable days drop by 30% after adopting automated invoicing and digital tracking tools, bolstering their liquidity and paving the way for strategic investments.

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B2B Startups Land Funding For Risk Mitigation Tech

PYMNTS

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. This week's B2B Venture Capital roundup saw more than $76 million in new funding.

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Southeast Asia B2B FinTech Keeps VC Wheels Turning

PYMNTS

Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. Plus, an accounts payable technology company announced a $127 million equity round. “We haven’t seen a substantial pullback yet within the U.S. KarbonCard.

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India AP Automation Startup Finly Secures Funding

PYMNTS

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. B2B FinTech is growing in popularity for India’s robust startup community, while the market is also an attractive target for more established players in the industry.