What happened to capitalism?

Chris Skinner

Well, if you’re in a … The post What happened to capitalism? I’ve spent my life in an economy that focuses upon money, greed, growth and profit … what was that all about?

B2B Payments Today: Trade Credit Diverges From BNPL Path; Greenbox Capital Acquires Alt Lender

PYMNTS

Today in B2B payments, Behalf explores trade credit’s path to innovation, and Greenbox Capital acquires Level Up Funding. SMB Working Capital Firm Greenbox Capital Buys Level Up Funding. India Adopts Factoring Bill To Help SMBs Secure Working Capital.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Supply@ME Capital To Acquire SMB Commodities Trader TradeFlow Capital Management

PYMNTS

Trade finance shop Supply@ME Capital will acquire TradeFlow Capital Management , a Singaporean player in the space that primarily serves small- to medium-sized businesses (SMBs), according to a press release.

Stripe Capital Extends Business Lending To Online Platforms

PYMNTS

Payments giant Stripe is taking Stripe Capital , its push into online business finance and lending, to the next level. Stripe Capital first got off the ground in September 2019, offering customers and businesses financing options through its online platform.

10 Keys to AI Success in 2021

Capitalizing on the incredible potential of AI means having a coherent AI strategy that you can operationalize within your existing processes. Learn how organizations are overcoming hurdles and realizing the enormous rewards that AI can bring to any organization.

Axele, Apex Capital Team On Carrier Accounting

PYMNTS

Transportation management system (TMS) company Axele will be doing a new strategic partnership with Apex Capital , integrating its TMS with Apex’s freight factoring solution, a press release said Wednesday (April 28).

How does international capital flow?

BankUnderground

Understanding gross capital flows is crucial for both macroeconomic and financial stability policy. However, theory is lagging behind empirical work , as much of the literature continues to rely on net capital flow models developed many decades ago.

Funded FinTechs Look To Get More Capital In The Hands Of SMBs

PYMNTS

Whether through embedded lending, small business credit cards or trade finance portals, this week's newly funded B2B FinTechs are largely looking to get more capital into the hands of companies. Hong Kong-based Velotrade has secured a partnership with its latest investor, Vynn Capital.

2021 Venture Capital Investments Near $270B, Setting Global Records

PYMNTS

A surge in equities, higher liquidity and more interest in markets that have benefited from the ongoing COVID-19 outbreak have led to record levels of investment by global venture capital firms, according to U.S. Asian and European venture capital funds raised $16.1 capital raised $5.3

A post-pandemic path forward for banking and capital markets

Accenture

In my last post, I talked about the significant impact of COVID-19 on the banking and capital markets (B&CM) value chain and how leaders are in a unique position to respond, reset and renew the finance function to lead confidently in the post-pandemic era.

India Adopts Factoring Bill To Help SMBs Secure Working Capital

PYMNTS

India’s parliament has passed a new piece of legislation designed to help small and medium-sized businesses (SMBs) secure more working capital.

Bookkeeper360 Lets SMBs Access Capital, Payroll With Marketplace

PYMNTS

FinTech accounting company Bookkeeper360 has launched its new Bookkeeper360 App Marketplace , an artificial intelligence (AI)-powered offering that is designed to help small and medium-sized business (SMB) owners access business services like capital, business services and payroll, per a Wednesday (July 28) press release.

Porter Capital Launches Help For Staffing Companies

PYMNTS

Porter Capital and Porter Freight have launched new products to help staffing companies and essential workers, a press release said on Monday (April 19). Porter Capital has recently boosted its line size to a range of $5,000 to $20 million.

Archegos Capital Collapse Hits SPAC Market

PYMNTS

The Archegos Capital Management scandal that hit some of the world’s biggest banks with losses topping $10 billion is also affecting the market for special purpose acquisition companies (SPACs), the Financial Times reported on Friday (May 28).

Dignari Capital Gives $50M To Sheng Ye Capital For SCF Innovation

PYMNTS

Dignari Capital has agreed to provide $50 million to Sheng Ye (SY) Capital in a strategic collaboration to explore new supply chain finance options for small- to medium-sized businesses (SMBs), according to a press release.

COVID-19’s impact on banking and capital markets

Accenture

The COVID-19 pandemic has had a significant impact on the banking and capital markets (B&CM) industry as liquidity, rates and fees continue to be stressed and regulatory and business-driven demands evolve rapidly. Uncategorized Banking Capital Markets COVID-19

Credit Suisse Suspends Investment Funds Linked To Greensill Capital

PYMNTS

Credit Suisse Group AG has frozen $10 billion in investment funds that have powered Greensill Capital , which focuses on supply chain finance, a kind of cash advance. B2B Payments B2B Credit Suisse funding Greensill Capital Investments News What's Hot In B2B

JPMC: Why Working-Capital Trade Finance Is On The Rise

PYMNTS

Many firms, particularly larger ones, find themselves in “a strong and stable position” from a cash and liquidity perspective as a result of their greater access to capital and credit markets.

Bain Capital PE To Buy B2B Medical Tech Marketplace PartsSource

PYMNTS

Bain Capital Private Equity plans to purchase PartsSource , a business-to-business (B2B) marketplace for medical technology replacement parts and services. B2B Payments B2B Bain Capital Private Equity Healthcare News PartsSource What's Hot In B2B

Capital One’s Eno evolves to give proactive advice 

Bank Innovation

Capital One is determined to turn its digital assistant Eno into an affable, personal finance watchdog to build loyalty between the brand and customers. Automation Carousel Daily Post 1 Innovation Strategy Payments Product Design Retail Banking Capital One chatbot conversational AI Eno

Serent Capital Invests In Procurement Partners

PYMNTS

Procurement Partners , which works on procure-to-pay (P2P) services for healthcare providers, has received an investment from Serent Capital , according to a press release. B2B Payments B2B Healthcare Investments News Procurement Partners Serent Capital What's Hot In B2B

Ripple Invests $25M in Blockchain Capital

Bank Innovation

Enterprise blockchain provider Ripple has made a $25 million investment in blockchain startup, Blockchain Capital, the company announced today. The growth of Blockchain Capital’s fund, which is now hovering at $150 million, will help support entrepreneurs and startups in the space. Capital Cryptocurrency Online Payments BlockChain Blockchain Capital cryptocurrency funding Investment Ripple

FinCEN Hits Capital One For $390 Million; Says Bank Violated Bank Secrecy Act

PYMNTS

15) announced that it is assessing a $390 million penalty against Capital One for engaging in what it says are “both willful and negligent violations” of the Bank Secrecy Act (BSA). Security & Fraud Capital One FinCEN News What's Hot

Bain Capital Nets $800M For Business Impact Funding

PYMNTS

Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. Investments bain capital funding News What's Hot

New Trial Pending As DOJ Files More Charges Against Capital One Hacker

PYMNTS

Department of Justice (DOJ) has postponed the Capital One trial against alleged hacker Paige A. Thompson is accused of hacking Capital One and absconding with personal information from over 100 million people in the U.S. The U.S.

Driving Retail’s Rebound With A Human Capital Revamp

PYMNTS

Similarly, those businesses that already had modern human capital management (HCM) software to help manage, pay, schedule and engage their people were ahead of the game. But among the largest value-adds of on-demand wage access is its ability to harmonize the human capital management strategy.

Capital Float On The Path To Video-Based KYC Implementation

PYMNTS

India-based digital lender startup Capital Float witnessed a multitude of benefits from implementing video-based KYC to help onboard its small- to medium-sized business (SMB) clients. Capital Float had provided 500,000 clients with $1.2

Video 227

Tokenized Venture Capital

Daily Fintech

Tokenization has the power to impact the entire VC industry, from the way venture capital is raised, to the way it is invested in startups and projects. The post Tokenized Venture Capital appeared first on Daily Fintech. In an interview by David Sacks, the former PayPal COO, said: “I think Limited Partner interests are likely to be tokenized, along with most other illiquid assets. Eventually, […]. Bitcoin, Blockchain, Cryptocurrencies

Corsair Capital Plans MSTS Acquisition To Boost B2B Payment Business

PYMNTS

Corsair Capital has agreed to acquire B2B credit and payments provider MSTS , purchasing the company from World Fuel Services Corp. Jeremy Schein , partner at Corsair Capital, said the acquisition is meant to capitalize on the increasing digitization of the B2B market.

Lull Hits B2B FinTech Venture Capital Funding

PYMNTS

A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. It’s an effort among officials to expand options for young businesses and broaden access to funding beyond venture capital or traditional small- to medium-sized business (SMB) loans.

Porter Capital Offers New Funding Tools To PPP Recipients

PYMNTS

Porter Capital , which works with accounts receivable (AR) financing and asset-based lending solutions, will provide more funding for businesses in need of extra money from their current Paycheck Protection Program (PPP) funds, according to a press release.

Melio, Capital One Team On AP Management Tools

PYMNTS

Small business B2B payments company Melio will work alongside Capital One to give more access for accounts payable (AP) and accounts receivable (AR) cash flow management tools, a press release emailed to PYMNTS on Tuesday (June 15) said.

India SME Lender Capital Float Tops Up Funding

PYMNTS

After having notched more than $110 million in equity funding in the past, India’s Capital Float has received a top-off of $4.8 Sashank Rishyasringa and Gaurav Hinduja rolled out Capital Float in 2013. Capital Float has provided more than 500,000 clients with $1.2

Tech-Focused Architect Capital To Provide Asset-Based Financing

PYMNTS

A new San Francisco-area asset-based lender called Architect Capital has launched with more than $100 million to lend to mostly technology companies in the U.S. We’re excited to launch Architect Capital to help disruptive, asset-rich technology companies scale quickly.”.

Bain Capital Amasses $11.8 Billion For North America Buyout Fund

PYMNTS

Private equity powerhouse Bain Capital has raised $11.8 We will continue to find interesting, transformational deals by leveraging our global resources and experience, our sourcing network, and vertical industry depth,” Bain Capital Co-Managing Partner John Connaughton said, per Reuters.