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Partnerships, Investments Boost Corporate Spend Management With Cards

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Spend management was the focus of innovation in the commercial card space this week thanks to partnerships and investments in firms aiming to help companies keep track of expenses. Spendesk provides a spend management offering that gives further visibility and digitization to finance workforces. million.

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Barclaycard: Why It’s Time To Rethink Everyday B2B Spend

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Consumers are accustomed to using digital payment methods to make retail purchases. This manual system has been a source of frustration for both workers and their employers for years, but the pandemic has exacerbated the systems’ deeper flaws and served as a catalyst for a wave of spend ma nagement innovation. About The Playbook.

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Banking-As-A-Service, B2B eCommerce Lead Busy Week For B2B FinTech Funding

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It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding.

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Infibeam Avenues Buys Cardpay To Boost B2B Payments

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In the announcement , the companies said the acquisition will help Ahmedabad-based Infibeam offer better B2B payment services. Cardpay , based in Bengaluru, India, offers a spending management platform to corporations under the brand name “Grit.” Srinivasan will continue to lead the operations at Grit, according to BusinessLine.

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Investors Eye B2B eCommerce, Expense Tools

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Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 startup that offers corporate spend management solutions in the U.K.,

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Sprint And T-Mobile Merger, Spend Management And State Tax Top This Week’s News

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We have a deep dive into spend management in addition to news involving the Sprint and T-Mobile merger, as well as data on state tax laws. . Behind Sysco’s Spend Management Switch To Cards. Retailers aiming to sell throughout the nation have to pay attention to how their goods are treated by each state’s tax code.

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Paytm Enters Employee Spend Management With Food Wallet

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Companies transfer funds into their employees’ Food Wallets, Paytm explained, enabling a more streamlined employee spend management solution that does not require physical coupons or cards.