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B2B Finance As A Service Tops This Week’s VC List

PYMNTS

The big B2B venture capital news of the week was Augmentum Fintech’s trio of investments, signaling the company’s focus on the B2B FinTech market — but it wasn’t the only firm targeting this startup space. Augmentum Fintech announced its investment in Tide at the same time it revealed two other B2B FinTech targets.

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SMB Challenger Banks A Hot Spot With VCs

PYMNTS

The largest round of the week went to OakNorth , but other significant investments landed at supply chain management, corporate accounting and small business finance players, totaling more than $821 million in total VC funding. PYMNTS breaks down all the latest B2B funding rounds below. Chainalysis.

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Beanworks Looks to Help Businesses Update Outdated Accounting Technology

PYMNTS

That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. It’s an interesting time in accounting, and there’s a huge change coming,” she recently told PYMNTS, adding that digitization will become the norm, empowering humans to take on more strategic tasks while technology handles the repetitive stuff.