PYMNTS

OCTOBER 21, 2016

It was another stellar week for B2B FinTech startups, which announced a collective $191.8 Plus, there was yet another appearance from an alternative SME lender (this time from the Philippines) and new financial backing for an SME banking disruptor and a payroll player. B2B Payments. ” Travel And Expense Management.

B2B 77

B2B accounting and finance payroll Expense Management 77

PYMNTS

JUNE 14, 2019

Other rounds this week showed investors’ appetites for alternative funding solutions, global payroll, strategic procurement, enterprise digitization and cybersecurity. A rundown of more than $274 million in new funding for B2B tech startups is below. Funderbeam. Former Nasdaq Tallinn CEO Kaidi Ruusalepp announced $4.5

B2B 51

B2B Technology payroll Expense Management 51

PYMNTS

DECEMBER 8, 2017

In total, B2B venture capitalists placed (or announced plans to place) $85 million in funding to businesses, with startups in the U.S., It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. Expense Management.

B2B 55

B2B Expense Management Technology New York 55

PYMNTS

MAY 1, 2020

With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. With $22 million in Series B funding , B2B FinTech Digits is ready for its debut. Material Bank.

Expense Management 66

Expense Management B2B accounts payable payroll 66

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. One of the largest investment rounds of the week went to China’s Haoqipei, a B2B eCommerce platform designed for the auto parts industry.

B2B 43

B2B Technology Spend Management payroll 43

PYMNTS

SEPTEMBER 1, 2017

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. Travel and Expense Management.

B2B 54

B2B Expense Management Travel Expense Management small business accounting 54

PYMNTS

FEBRUARY 27, 2020

“PayFit is an enterprise SaaS (Software as a Service) company that provides integrated and HR management software products,” the release said. The company’s suite of products automates all payroll processes, from RTI submissions and payslips to employee leaves and expenses.”.

payroll 52

payroll Technology Expense Management B2B 52

PYMNTS

JUNE 17, 2020

Amadeus B2B Wallet Expands Functionality. In another initiative gearing up for the return of corporate travel, travel management platform Amadeus has announced that its payment offering, the Amadeus B2B Wallet, is now able to automatically generate virtual cards through a partnership with Troovo , PYMTNS reported.

Expense Management 67

Expense Management Spend Management Technology Spend Management Platform 67

PYMNTS

JULY 4, 2018

The B2B payments market is already enjoying a solid year, thanks to some of the biggest names in payments and FinTech taking a solid stance in the space. PYMNTS takes a look back at some of the most popular B2B payments stories of the year so far. Mastercard Sent Steps Into B2B. Visa Buys Fraedom.

B2B 40

B2B Spend Management payroll Spend Management Platform 40

PYMNTS

JANUARY 20, 2017

The environment for the adoption of prepaid cards in a payroll setting is a mixed one. A Visa study has found that as many as 86 percent of employees would in fact prefer to be paid with a payroll card than they would a paper-based check. On the one hand, employees and employers see a streamlining of process and tracking.

payroll 52

payroll Expense Management New York Government 52

PYMNTS

JANUARY 30, 2020

This week, Mastercard and Cardlay announced a collaboration that will see Mastercard connecting its network of European issuing banks to Cardlay’s commercial card technology, which unlocks corporate card transaction data for value-added services, including automated expense management and VAT claim processes.

payroll 64

payroll accounting and finance B2B accounts payable 64

PYMNTS

DECEMBER 5, 2019

Traditionally, different categories of business spending, including employee expenses, supplier payments, payroll and others, have been tackled separately. Many of those pain points are, by now, well-known in the B2B payments space. Where Banks Fit In Problem-Solving.

accounts payable 52

accounts payable Expense Management B2B Technology 52

PYMNTS

SEPTEMBER 16, 2019

The announcement of Mastercard Track expanding into B2B payments last week represented a significant push for B2B payments modernization by one of the industry’s giants — and followed Visa’s own push in the B2B payments modernization space through the rollout of Visa B2B Connect in June. announced last month.

B2B 54

B2B payroll Technology accounting and finance 54

PYMNTS

MARCH 21, 2019

Prepaid Technologies , a provider of business payment solutions for more than 20 years, announced that it has acquired Karmic Labs ‘ dash, the company’s purchasing card portfolio and expense management solution, along with other assets. In addition, several members of Karmic’s staff have joined the Prepaid team.

Technology 40

Technology Expense Management payroll B2B 40

PYMNTS

NOVEMBER 22, 2016

Those drivers may support the rise in consumer mobile payments, but economic factors in the Asia-Pacific region have also opened doors for B2B mobile payments to gain traction, too. MC Payment , a startup based in Singapore, is a FinTech startup in the region that is riding the B2B mobile payments wave.

B2B 65

B2B B2C payroll accounting and finance 65

PYMNTS

DECEMBER 3, 2019

The card is geared toward SMBs that procure goods from Walmart India’s B2B wholesale stores, known as its Best Price Modern Wholesale “B2B Cash & Carry” stores. “Most processes are still manual, and there is no communication among your invoice, payroll [and] booking systems.

B2B 40

B2B payroll Expense Management Technology 40

PYMNTS

JUNE 10, 2020

Corporate spend management platform Coupa is expanding availability of virtual commercial card payments as a result of a partnership with BNP Paribas , according to a press release from the financial institution. “Open finance will allow faster payroll, simpler expense management and streamlined invoicing and budgeting.”

accounting and finance 52

accounting and finance Finance Spend Management Platform Spend Management 52

PYMNTS

OCTOBER 21, 2019

Payroll fraud is another common occurrence, and this week’s Data Digest reveals not just cases of expense fraud, but also various methods of payroll fraud, including inflating overtime figures and stealing payroll checks. But it’s not the only way employees can steal company cash.

payroll 44

payroll Technology Ohio Transportation 44

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. PYMNTS looks at other industry players around the globe that caught investors’ attention below.

Technology 43

Technology B2B Utah accounting and finance 43

PYMNTS

JANUARY 30, 2020

It’s a new year in a new decade of the 21 st century, but paper expense reports, paper receipts and paper reimbursement checks are still with us. PYMNTS research found that 42 percent of B2B payments were made via paper check in 2019, for example. Tax Time, and Time as a Commodity.

Spend Management Solutions 52

Spend Management Solutions Spend Management Spend Management System accounting and finance 52

PYMNTS

APRIL 4, 2016

billion worth of exaggerated expense reports slam businesses every year , found Chrome River. The expense management company says that employees that fudge the numbers on their expense reports to get reimbursed are hitting their employers hard. billion in loans were taken out by small U.K.

Expense Management 40

Expense Management B2B Finance payroll 40

PYMNTS

MAY 27, 2016

The B2B startup space is living up to its newfound reputation as an attractive target for venture capitalists. Some focus on specific verticals, like restaurants; Some take unique routes to enterprise security, from password management to email protection. Expense Management. Back-Office Management. SME Lending.

B2B 40

B2B Expense Management accounting and finance tax return 40

PYMNTS

APRIL 30, 2019

Yet, just as SMBs can be too small to be considered corporate, high-net-worth individuals can have financial service needs that are too big to fit into the traditional consumer financial management range of products offered to the Average Joe. ” Cash flow visibility is also a critical component of family office financial management.

Finance 61

Finance accounts payable payroll accounting and finance 61

PYMNTS

JULY 24, 2019

The firm also services corporates directly, offering a range of payments solutions, including T&E cards, p-cards, expense management, payroll and other tools.

Technology 43

Technology Expense Management payroll Retail 43

PYMNTS

JANUARY 8, 2021

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. Zerone Microsystems Private Limited.

B2B 81

B2B Technology payroll accounting and finance 81

PYMNTS

JANUARY 28, 2020

in which open banking has enabled accounting portals to receive information directly from businesses’ bank accounts, as well as from other platforms like accounts payable, accounts receivable, payroll, expense management and beyond. That’s thanks to their emergence as a data consolidator, particularly in markets like the U.K.

Technology 60

Technology accounts payable Start-ups Expense Management 60

PYMNTS

MARCH 12, 2019

The deal marries Every’s services with Wave’s accounting, invoicing, payments and expense management offering, part of the firm’s broader strategy of building a holistic suite of SMB financial services. Acquisitions are an increasingly popular strategy for other financial services players, too.

payroll tax 73

payroll tax accounting and finance Expense Management small business accounting 73

PYMNTS

OCTOBER 7, 2016

Last year, the company revealed its third payroll takeover with the purchase of Information Management Services, which followed deals to buy PayGlobal and Ace Payroll. In addition to product development and partnerships, MYOB has also expanded its offering through strategic acquisitions.

accounts payable 66

accounts payable Technology payroll Account 66

PYMNTS

SEPTEMBER 12, 2017

For SMBs, discretionary spend — the spend that doesn’t include fixed and predictable costs like payroll and rent — makes up a quarter of company budgets, researchers said, offering “the biggest opportunity to impact the bottom line when businesses look to cut expenses, manage cash flow or track P&L targets,” Center stated.

Spend Management 53

Spend Management accounting and finance Finance Expense Management 53

PYMNTS

AUGUST 21, 2020

percent of SMBs with brick-and-mortar presences have delayed payroll payments to alleviate the strain on their finances, while 18.1 This means that individuals must often wait to receive paychecks, while suppliers are left to manage cash flow shortages of their own. The same PYMNTS research shows that 19.9

Spend Management Tools 71

Spend Management Tools Spend Management Spend Management Solutions Healthcare 71

PYMNTS

APRIL 11, 2017

But as Coupa is looking to make strategic acquisitions and strengthen its service offerings, the company hit a speed bump last month when the firm was hit by a data breach that exposed IRS W-2 payroll forms of its workers. “A

payroll 46

payroll Spend Management Finance Tax 46

PYMNTS

JULY 25, 2018

While the conversation may be dominated by corporates’ ongoing use of paper checks, one would be hard-pressed to find a company that uses only paper checks for everything — payroll, AP and so on.

Technology 48

Technology Expense Reimbursements Spend Management accounts payable 48

PYMNTS

OCTOBER 18, 2017

Consider the fact that payroll automation is done by 49 percent of companies, and that only 37 percent of U.S. businesses automate employee expense management. Other stats bear out just how far behind the curve technology is in fostering efficiency in this critical link tied to supply chain relationships.

AP Automation 49

AP Automation Technology accounts payable Minnesota 49

PYMNTS

MAY 12, 2016

It paved the way for firms to embrace mobile in travel and expense management, with smartphones able to more accurately track employee spend while on the go. IOFM’s recent survey found accounts payable as the area financial managers deemed as most time-consuming.

accounts payable 40

accounts payable AP Processes Technology Accounts Payable Automation 40

PYMNTS

OCTOBER 25, 2019

Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing. Fairmarkit. Starling Bank.

B2B 40

B2B B2C Expense Management accounting and finance 40

PYMNTS

APRIL 12, 2019

Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. Below, find the latest in B2B venture capital funding. FinTech gearing up to launch small business banking services. Back Office.

B2B 55

B2B Florida Technology accounting and finance 55

PYMNTS

JUNE 29, 2016

Stonegate’s decision included one small detail that could hint at something bigger: its rollout of cards for use in Cuba would include commercial and payroll cards, too. That means these companies will need commercial card and payroll products that U.S. professionals can use while in the new market.

payroll 40

payroll Florida Entertainment Travel Expense Management 40