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B2B FinTech Firms Brace For Growth With New VC

PYMNTS

Concerns over an economic downturn haven’t seemed to dissuade venture capitalists from backing B2B FinTech firms, with this week’s roundup including players in the small business (SMB) banking, corporate travel, expense management, alternative finance and data integration spaces. 2nd Address. ANNA Money.

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From AI To T&E, B2B FinTechs Rake $141 Million

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Travel and Expense Management. the company provides travel, expense management and rewards for corporates, the latter being a unique offering rewarding businesses for booking cheaper travel. Small Business Accounting. VC activity was especially high across the U.S. TravelBank.

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AirPlus Makes Changes After UK Commercial Card Ruling

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“The interchange fee caps … apply to all transactions, except commercial card transactions where the funds that are used to settle with the issuer come directly from the business account,” the U.K. regulator declared.

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Booking.com Integrates Payments For Corporate Travelers With AirPlus

PYMNTS

Transactions made using the virtual cards are aggregated into a single invoice for seamless reconciliation by businesses. Existing AirPlus business travel customers can set up their Booking.com business accounts to use the feature.

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