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Logistics, Alt Lending Lead B2B Startup Funding

PYMNTS

FinTechs that landed new funding include a firm targeting friction in B2B payments in the construction space, alternative small business lenders and a company helping accountants guide their SMB clients toward capital. Hillhouse Capital led the firm’s “D1” round, while Sequoia China led its “D2” raise.

Lending 139
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Cybersecurity, Recruiting Tech Lead B2B VC

PYMNTS

-based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Crowdz is developing a blockchain platform that enables B2B vendors to submit invoices, receive payment and sell invoices for financing.

Capital 143
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Yes, Virginia, There Are Women Leaders In Fintech

Tech and Finance

Engle has more than 30 years of experience at AT&T, Lehman Brothers, Barclays Capital, DTCC and Bank of America. Pendo Systems has announced that Ruth Wandhöfer, global head of regulatory and market strategy at Citi, has joined its board. “Pendo first came to my attention when I attended [SWIFT’s] Innotribe in 2015.

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How 60+ Startups Are Disrupting Retail And Commercial Banking Around The World

CB Insights

One of the biggest challenges these companies face is that many operate without a bank charter or license. Both have access to significant financial capital to scale far beyond what’s available to even well-funded startup challengers. why profitability won’t come easy. As a result, they can only offer limited services.

Retail 78
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Everything You Need To Know About What Amazon Is Doing In Financial Services

CB Insights

Table of Contents: Amazon’s product strategy. Market strategy outside the US. Product strategy: Amazon takes on financial services. Despite charging lower fees, the company failed to gain enough traction with merchants who feared giving Amazon detailed data on their overall business operations. business.

Cards 101
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Finovate Fall 2016 Live Blog – Day 2

William Mills

Commodity solutions for agriculture utilizing blockchain. Man, this is different; I’ve never seen a demo with an agriculture solution at Finovate and this one utilizing the hottest technology going; blockchain. This will be the FIRST EVER global pilot application of blockchain in physical agri-commodities. .