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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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B2B Startup Investors Go After The Niche Markets

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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.

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Card Incentives Jump On Businesses’ Shift Away From Cash

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. “This enables [corporates] to uncover valuable spend data, simplify processes, and make smart decisions,” said SAP Concur India Managing Director Mankiran Chowhan in a statement. Transportation Drags WEX’s Fleet Card Segment. Center Expands Beyond Cards For T&E. Ramp Banks On Cash-Back. Reports in Pulse2.0

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Rydoo Integrates T&E Tools Into Uber

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Business travelers can then send that data to their managers from within the mobile platform. Business solutions provider Sodexo launched Rydoo as part of a broader collaboration with Xpenditure and iAlbatros last June.

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Where The Paths Of Fleet And Corporate Travel Management Intersect

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The ride-hailing and ground transportation competition in the U.S. Lyft’s latest partnership in this effort was announced only days ago, when the company revealed an integration with LeasePlan , a fleet management service provider that offers a Car-as-a-Service business model to businesses using company cars for employee travel.

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Expensify Unveils Concierge Travel With Pandemic Safety Resources

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Expensify cardholders have the ability to reserve airline travel, lodging and rental cars by chatting with a concierge on the expense management company’s platform, while all reservations come with Global Rescue services and alerts in addition to safety kits, the release states.

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Airbnb Highlights Corporates’ Need For T&E Options, Says Amex GBT

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But the use of these innovations goes beyond ground transport. “Companies who partner with a TMC [travel management company] like GBT can use technologies and resources to locate, communicate with and assist travelers in times of need,” the executive explained.