PYMNTS

MAY 29, 2019

Small business lending marketplace BitX Funding has struck an alliance with transportation equipment finance company Pelagic Capital, the companies said in a press release Tuesday (May 28). Pelagic operates as a direct lender as well as a collaborator with dealers to help small businesses obtain non-bank equipment financing.

Finance 51

Finance Transportation Tax B2B 51

PYMNTS

APRIL 26, 2019

Though more than half of corporate payments are done through paper means, increasingly, and recently, a number of players have been jumping into the fray to bring payments to the digital realm, enough to have made this past week a B2B sizzle. Later in the call, the CFO said “Visa Direct is a big component to B2B also.

B2B 49

B2B Transportation Finance 49

PYMNTS

JANUARY 17, 2019

16), MUFG Americas and GE Capital said MUFG Union Bank will acquire GE Capital’s supply chain finance platform for an undisclosed sum. In an announcement on Wednesday (Jan. “By acquiring TPS, MUFG gains its flexible, state-of-the-art functionality immediately. .

Finance 60

Finance accounting and finance Healthcare Transportation 60

PYMNTS

FEBRUARY 20, 2019

The newswire said that Berlin exists as a “hub” for the industry, where roughly 10 startups focus on blockchain, and end markets span energy, pharma and transportation. Bonds And Trade Finance Via Blockchain. Marco Polo is a joint venture between R3 and TradeIX , based in Ireland and focused on trade finance.

Finance 64

Finance Ohio Transportation Legal 64

PYMNTS

JUNE 23, 2016

In what the companies said is a first for the industry, InMotion Global and Triumph Business Capital are partnering to introduce financing options for business fleet customers, linking travel management software with corporate lending. “Online FinTech lenders have raised service-level expectations, even in trucking,” he said.

Finance 44

Finance accounting and finance Transportation B2B 44

PYMNTS

OCTOBER 14, 2019

Taxis have long been a primary means of transportation for those unable to drive themselves,” said Amos Tamam, CEO of Curb Mobility. “We We are thrilled to connect American Cancer Society with our partner, Curb Mobility, to provide transportation to treatment facilities, making ‘rides to recovery’ a little easier.”.

Transportation 69

Transportation New York B2B Finance 69

PYMNTS

JUNE 15, 2018

From warehouse robots to R&D analytics, the B2B startups covered in this week’s VC Investment roundup scored close to $200 million from investors. Logistics and alternative finance were high on the board, but it was a cybersecurity company in the U.S. PYMNTS breaks down the latest B2B startups to secure funding rounds below.

B2B 40

B2B Technology Finance Transportation 40

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. Targeting the freight brokerage and transportation management industry, Arrive Logistics , based in Texas, secured $25 million from investors.

B2B 43

B2B Technology Spend Management payroll 43

PYMNTS

SEPTEMBER 18, 2018

The World Economic Forum (WEF) has thrown its support behind blockchain technology to expand trade finance availability across the globe, touting the technology as a way to address the “paper monster,” tap into data and support governments’ export/import initiatives. The report also expects $1.1

Finance 55

Finance Agriculture Technology Government 55

PYMNTS

OCTOBER 21, 2019

Interestingly, the overwhelming majority of these firms have focused on disrupting the way consumers go about their daily lives and pay for everything from transportation to clothes shopping to movie passes. FinTech business-to-business (B2B) payments firms that have achieved unicorn status? The General Landscape.

B2B 40

B2B B2C accounts payable accounting and finance 40

PYMNTS

JANUARY 25, 2019

Thielens offered the example of transportation and logistics providers missing out on a bidding opportunity when loads are tendered automatically. Yet, the technology has remained largely unchanged in the decades since it first launched, and even brief unreliability can cause a company to lose out.

Finance 69

Finance Technology accounts payable Transportation 69

PYMNTS

NOVEMBER 5, 2019

trillion gap in available trade finance is both concerning (particularly to small and medium-sized businesses [SMBs] struggling to access financing to expand across borders), as well as enticing to technology innovators seeking ways to fill a portion of that demand. Yet, there’s another way to underwrite trade finance.

Finance 41

Finance Transportation Technology B2B 41

PYMNTS

NOVEMBER 3, 2020

According to Ashish Jhina , co-founder and chief operating officer of B2B eCommerce platform Jumbotail , there is a significant opportunity to digitize India's food and grocery supply chains, and for these small retailers to embrace online commerce. Tackling Unique Pain Points. The retailer has to go to a large wholesale market.

B2C 84

B2C B2B Transportation Retail 84

PYMNTS

MARCH 10, 2017

Big Data and software as a service (SaaS) once again caught the attention of venture capitalists in the B2B FinTech space this week, but it was cross-border B2B payments that landed the most money. Investors at Nauta Capital, Finance Wales and Juno Capital just landed nearly $5 million at the U.K. Cross-Border Payments.

B2B 51

B2B Manufacturing quickbooks Transportation 51

PYMNTS

MAY 11, 2020

A sister company of PayCargo, PCC — also known as PayCargo Finance — has seen escalating demand for its short-term credit facility. Transportation and cargo companies that do business with PayCargo in North America can apply for $25,000 to $2.5 Extending credit to customers has also been a common practice for transportation companies.

Transportation 56

Transportation Florida Manufacturing Finance 56

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. and Mexico.

Expense Management 66

Expense Management B2B accounts payable payroll 66

PYMNTS

JULY 15, 2020

Though having a choice in financing products is vital for small and medium-sized businesses to manage their cash flow, not all tools are the right fit for every business. In recent years, the financial services ecosystem has elevated the debate about the role that factoring and supply chain financing programs play in supporting SMBs.

Finance 54

Finance Transportation B2B Start-ups 54

PYMNTS

NOVEMBER 2, 2018

In this week’s rundown, the industry landed the most funding among B2B FinTechs, though other bright spots included cybersecurity, alternative finance and a startup working to prevent firms from losing money when employees commit expense fraud. See how nearly $174 million in funding for B2B startups landed in our roundup below.

B2B 75

B2B Legal Expense Management Finance 75

PYMNTS

NOVEMBER 11, 2019

A recent series of statistics from Previse found that slow payments across the B2B realm cost the world economy as much as £250 billion (nearly $320 billion USD) annually. As reported in Diesel , late payments loom as a significant challenge for SMBs in the Australian transport and logistics sector. In the U.K.,

Construction 40

Construction Transportation B2B Finance 40

PYMNTS

JANUARY 29, 2019

Australian Senator Pauline Hanson is urging the government to adopt mandatory, timely B2B payments for small suppliers, reports in The Australian said on Monday (Jan. Small and medium-sized businesses should not be used as a cheap source of finance through extended or late payment terms.”

B2B 46

B2B Government Transportation Finance 46

PYMNTS

OCTOBER 26, 2020

BPCL’s Fleet Sales Officer (Coimbatore region) S Sruti said the new partnership was the first of its kind in the country, and would help transporters effectively manage funds. Over 450,000 transporters across the state use Smartfleet, the report says, and BPCL expects the daily recharge to be over ? In the U.S., million drivers.

Transportation 73

Transportation Expense Management Start-ups Finance 73

PYMNTS

NOVEMBER 25, 2019

The wholesale car financing arm of JPMorgan Chase is putting together a plan to finance the creation of a blockchain-based automobile inventory system, The BlockCrypto reported on Friday (Nov. The inventory system would digitize floor plan financing using the company’s patent-pending ledger-based floor planning methods.

Transportation 77

Transportation Manufacturing Finance audit 77

PYMNTS

FEBRUARY 4, 2019

Located in Indianapolis, Rover180 provides alternative supply chain finance and factoring programs. The company will now use Vemity’s technology to cut costs related to invoicing and accelerated payments for the transportation industry. “We pride ourselves on being at the forefront of innovation in the finance industry.

Indiana 69

Indiana Technology Transportation Finance 69

PYMNTS

FEBRUARY 14, 2020

“As a result, companies are forced to keep extraordinary amounts of excess inventory or buffer stock, spend large amounts on expedited freight, finance inventory over long lead times, lose productivity due to highly manual workarounds and have cash flow tied up due to unnecessary invoice-to-payment cycles,” he said.

Technology 99

Technology Transportation B2B Finance 99

PYMNTS

FEBRUARY 19, 2020

According to reports, the solution aims to reduce small businesses’ reliance on personal credit to finance and manage business spend. B2B FinTech Ramp made its market debut last week with its commercial credit card that offers a cash-back program designed to entice business users to take control of their spend. .

Expense Management 52

Expense Management Technology Business spend Management Solutions Transportation 52

PYMNTS

APRIL 9, 2019

TSU was launched by SWIFT in 2007 to promote the digitization of trade and supply chain processes, including liquidity management, cash flow forecasting and trade finance programs. “It is the only matching engine run by SWIFT, and it is currently only used in trade finance, and only for the BPO.

Transportation 73

Transportation Finance Technology B2B 73

PYMNTS

NOVEMBER 24, 2019

Since announcing our Series A round of financing in January 2019, we have signed several major customers and are expanding to meet their needs across the globe. In addition, the company fulfills its own last-mile transport and offers accurate tracking, ensuring on-time deliveries.

Transportation 92

Transportation Finance Technology B2B 92

PYMNTS

DECEMBER 3, 2020

The phony emails, which purported to be from Haier Biomedical, a real company involved in the COVID-19 vaccine supply chain, were sent to organizations “believed to be providers of material support to meet transportation needs within the COVID-19 cold chain,” IBM wrote in its blog post.

Transportation 81

Transportation Finance Sales Technology 81

PYMNTS

FEBRUARY 9, 2020

“Slow invoice matching delays the trade financing cycle, preventing suppliers from obtaining the capital they need to deliver quality and compliant goods on time.”. The Infor Nexus network converts manual data processes of data matching across purchase orders, invoices and transport documents to speed up trade financing cycles.

accounting and finance 56

accounting and finance Transportation Finance Account 56

PYMNTS

APRIL 17, 2017

B2B eCommerce solutions provider TIE Kinetix is strengthening its position in the world of business-to-government procurement. It saves a lot of manual interaction, decreases the chance on errors and is better for the environment as well by decreasing paper usage and transportation costs.

accounting concepts 40

accounting concepts Transportation accounting and finance B2B 40

PYMNTS

DECEMBER 23, 2016

Among the latest announcements in the short-term small business financing realm, Bizfi said earlier this month that it had entered a funding partnership with InterNex Capital, an asset-based digital lender. 22) that it had surpassed $2 billion in financing for more than 35,000 businesses. Bizfi said Thursday (Dec.

Manufacturing 40

Manufacturing accounting and finance Transportation B2B 40

PYMNTS

JANUARY 17, 2017

16) said Deutsche Bank, HSBC, KBC, Natixis, Rabobank, Société Générale and UniCredit have signed a memorandum of understanding to collaborate on a blockchain-based trade finance and supply chain tool. The seven banks aren’t the first to identify trade finance and smart contracts as a potential use case for blockchain.

Transportation 47

Transportation accounting and finance Finance Technology 47

PYMNTS

MAY 16, 2018

Trade finance has evolved into an expansive market that combines supply chain finance, invoice finance and factoring, reverse factoring and a slew of other products – all aimed at ensuring that cash flows more easily through supply chains. trillion trade finance gap in existence today.

accounting and finance 49

accounting and finance Finance Transportation Technology 49

PYMNTS

AUGUST 8, 2018

That proof is key to releasing payments to suppliers, as well as supporting financing of various members in the supply chain. OpenPort currently provides transportation management technology and trade finance to its corporate customers. When it first launched, according to reports, the company targeted developing markets.

Technology 40

Technology Transportation Finance B2B 40

PYMNTS

DECEMBER 17, 2018

Industry Delinquency and Failures Report ” found a continued decline in corporate failures across the manufacturing, retail, transportation, real estate, business services, personal services, construction, automotive and financial services industries. In November, 26.9 Small banks, meanwhile, approved of 50.2

Real Estate 62

Real Estate Transportation Construction Manufacturing 62

PYMNTS

FEBRUARY 14, 2020

The epidemic has killed over 900 people in the country and infected over 40,000, while authorities have temporarily halted transportation links, closed off cities, and shut down facilities where crowds gather.

Transportation 60

Transportation Retail Finance Technology 60

VJM Global

FEBRUARY 6, 2023

Where both supplier and recipients are located in India, place of supply In case of transportation of goods to outside India was “designation of goods”. CUSTOMS ACT Finance Bill, 2023 has provided for increase/decrease in Basic Custom Duty rate of many products resulting in making goods costlier or economicals.

E-commerce 40

E-commerce Tax Manufacturing Transportation 40