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POS Financing Makes Its Way Into B2B eCommerce

PYMNTS

Daniel Lipinski, founder and CEO of POS financing firm CreditDigital , explained to PYMNTS how the consumer eCommerce arena has influenced eProcurement’s own evolution in payments and buyer financing. As such, Lipinski noted, cart abandonment rates in the B2B eCommerce market can be as high as 67 percent.

B2B 66
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Affirm Looks To Raise $1.5B On $3B Valuation

PYMNTS

Recently, Affirm raised $300 million in a Series F round led by Thrive, at a valuation of $3 billion. Traditional B2B financing is slow, inaccurate and limits a business’s potential for growth because of an over reliance on email, call centers, faxes and manual invoicing processes,” Resolve wrote in a press release.

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B2B eCommerce Tips The VC Scales

PYMNTS

million in the B2B eCommerce startup, MENAbytes reports said. The company said it will use the investment to develop new features for its B2B offering, with a focus on billing and invoicing. Egypt’s MaxAB demonstrates the strengthening FinTech scene of the country, with investors placing $6.2 Clix Capital.

B2B 51
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Funding Lands T&E Firm TripActions $4B Valuation

PYMNTS

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. PYMNTS looks at other industry players around the globe that caught investors’ attention below. TripActions.

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IoT, Big Data And The Tech Fueling Better B2B eCommerce

PYMNTS

The worldwide eCommerce industry is headed towards a $781 billion valuation by 2024. That figure, released earlier this month by Transparency Market Research, is driven by the increasing adoption of international eCommerce capabilities by sellers. ” B2B eCommerce’s B2B Payments Impact. The Role Of Data.

B2B 58
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Taking The Good Of B2C Payments ? And Leaving The Bad ? For B2B eCommerce

PYMNTS

With the B2B eCommerce market towering over B2C’s in terms of transaction value — Forrester Research estimates the U.S. But the reconciliation, security, payment terms and buyer-supplier relationship do not mean one size fits all for B2B transactions initiated on an eCommerce platform. “But these are complex to reconcile.

B2C 40
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Top News In Payments: PayPal Further Integrates With MercadoLibre; Singtel, Grab To Launch Digital Bank In Singapore

PYMNTS

In today’s top payments news, PayPal further integrates with Argentinian eCommerce company MercadoLibre, and Singtel and Grab partner to launch a digital bank in Singapore. PayPal expanded its partnership with Argentinian eCommerce company MercadoLibre, positioning itself to capture a larger share of the Latin America market.

Banking 52