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Young B2B FinTechs Secure Their Seed Rounds

PYMNTS

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

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ScaleFactor Adds SMB Card To Expense Management Offering

PYMNTS

Small business accounting solution provider ScaleFactor is expanding its product suite to include a commercial card product to support expense management. ScaleFactor noted that the cards do not charge annual fees, and data from these cards do not impact personal credit scores of business owners.

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Mastercard Grows Partnership With B2B FinTech ANNA Money

PYMNTS

The company combines a Mastercard debit card, mobile business account and virtual assistant into one offering, which is designed for freelancers, small businesses and startups. ANNA has transformed into an app that handles financial management tasks such as direct debits and invoicing, enabling clients to focus on other tasks.

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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Concerns over an economic downturn haven’t seemed to dissuade venture capitalists from backing B2B FinTech firms, with this week’s roundup including players in the small business (SMB) banking, corporate travel, expense management, alternative finance and data integration spaces. 2nd Address. ANNA Money.

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From AI To T&E, B2B FinTechs Rake $141 Million

PYMNTS

This week’s B2B venture capital activity led to an impressive $141.2 million in total funding across nine rounds, with startups ranging from corporate travel and expense (T&E) management and small- and mid-sized business (SMB) accounting to artificial intelligence and beyond. Cross-Border B2B Payments.

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Amazon Business Expands To Canada

PYMNTS

Targeting small and medium-sized businesses, Amazon Business enables companies to procure goods online, while giving B2B sellers a new platform upon which they can reach new customers – not only in Canada, but also in other markets where Amazon Business is available. Germany, U.K., France, Italy, Spain, Japan and India.

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BleuPage Launches Business Management Suite For Solopreneurs

PYMNTS

Social media marketing company BleuPage is broadening its B2B services with the launch of a business management tool designed for the “solopreneur.”. based BleuPage is rolling out Bizggro, a suite of solutions for small businesses and entrepreneurs. A press release on Tuesday (March 27) said U.K.-based