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Embedded Finance Tops B2B Tech Funding For The Week

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In total, investors placed nearly $600 million for firms in the B2B payments, T&E, financial management and other B2B spaces. But it was an embedded finance FinTech that took home more than half of the funding announced. Its micro-financing portal targets SMBs that cannot access capital via traditional means.

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Virtual Prepaid Tackles Biz Payments Friction Beyond AP

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Many of the emerging payment scenarios are business-to-consumer (B2C), Mason explained, and stretch into many verticals. Beyond B2C, organizations’ employee and gig worker payments are growing in complexity as well, particularly as these professionals get hired from across borders. From Gig Workers to Rebates.

B2C 60
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Investors Cap Off 2020 With An Eye On B2B eCommerce, SMB Banking

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To cap off a year in which business travel plummeted, travel and expense management software company Navisteps raised $1 million in pre-seed funding , reports said. The investment, which comes in the form of venture debt, will enable the company to broaden its offering of revenue-based financing solutions for small businesses.

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Investors Tap Into The Promise Of High-Tech Data Analytics In The Enterprise

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It was a busy time for B2B venture capital this week, and while funding ranged across verticals from expense management to SaaS, there was a clear theme in investment rounds: high-tech data analytics. Expense Management. India’s Bigbasket targets business-to-consumer (B2C) grocery eCommerce. B2B eCommerce.

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Utrip Lands Funding For AI B2B Travel Tool

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Utrip first launched in 2012 as a B2C solution that helps consumers book travel plans by creating itineraries based on recommendations and attractions. The Series A financing will go towards helping the company strengthen its mobile service and to build out other IT projects, reports noted.

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Asia-Pacific’s Anti-Cash Migration Spreads To Corporates

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The company offers both B2C and B2B solutions but has recently fixed its eye on the corporate payments space. Other FinTech companies, like Indian commercial card firm Happay , say the shift away from cash means SMEs are now seeking card and electronic payment solutions to manage their processes like payroll and expense management.

B2B 65
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Small Businesses In Focus For B2B FinTechs (And Their Investors)

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million in new funding, B2B FinTechs this week are finding support from investors embracing startups’ focus on small- to medium-sized business (SMB) finances, from banking to payments. With more than $93.7 In doubling its Series A funding round, Germany’s FinCompare secured an additional $13.4 Fenbeitong.

B2B 64