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

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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.

B2B 40
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SMB Challenger Banks A Hot Spot With VCs

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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. Open Financial Technologies. India’s Open Financial Technologies raised $4.6

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Beanworks Looks to Help Businesses Update Outdated Accounting Technology

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In payments and FinTech, it’s often the startup’s job to disrupt an industry with many legacy businesses, outdated technologies and processes. That’s especially true in corporate accounting, says Beanworks CEO Catherine Dahl. When I speak with customers or accounting professionals, it comes up on a regular basis.”.