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Rounding Out SME Cash Management Offerings

PYMNTS

Just look at SAP Ariba , which integrated PrimeRevenue’s supply chain financing into its spend management platform, or Reckon , a small business accounting platform that recently rolled out an SME lending feature thanks to Prospa. “It’s a very expensive form of financing,” Grant added. .”

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Beyond The US, Open Banking Goes Beyond The Consumer

PYMNTS

the latest agreements and product releases in the B2B world are showing how Open Banking can have a similarly profound impact on corporate and small business banking and financial services, too. The integration comes just days after Revolut for Business announced a similar QuickBooks Online integration. Yet, outside the U.S.,

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SME Cash Management Startups Grab $93M In Funding

PYMNTS

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. Expense Management.

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B2B FinTech Kicks Off 2021 With An Investment Bang

PYMNTS

B2B FinTech startups have stepped into 2021 with a bang, as industry players raised more than $910 million in combined funding. And thanks to several nine-figure investment deals, BaaS, expense management, payroll and B2B eCommerce are now in the spotlight. Corporate spend management startup Divvy is now valued at $1.6

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Combining Personal And Business Spend Management — The Right Way

PYMNTS

Small business accountants have a bone to pick with their clients. A survey released by Intuit this week found that SMB accountants say the top challenges to being able to do their jobs include small businesses failing to adequately keep records, not using accounting software and not staying on top of bills.

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Small Businss Banking Secures New FinTech Unicorn

PYMNTS

There may be talk of a venture capital slowdown, but B2B FinTech saw a busy week, with more than $280 million raised. Investors found promise in startups that target financial institutions (FIs) with software to improve their own services, as well as FinTechs that offer small business solutions by wielding their bank data.