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

PYMNTS

Investors also took a liking to accounting technology, alternative small business finance and eProcurement, with B2B FinTech startups raising more than $107 million in all. million to the company that deploys machine learning to accelerate supplier payments in the accounts payable department. Consero Global.

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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. OakNorth operates in the U.K.

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Beanworks Looks to Help Businesses Update Outdated Accounting Technology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.