PYMNTS

APRIL 23, 2019

Bookkeeping is at the core of many essential processes in the back office: tax filing, working capital management and access to financing, to name a few. In the case of accessing capital, the Federal Reserve ‘s latest analysis has suggested that small business demand for financing in the U.S. The firm secured $1.8

Fintech 154

Fintech Taxes Capital Analysis 154

PYMNTS

SEPTEMBER 18, 2019

The delicate balance between bank-FinTech competition and collaboration continues to teeter in the U.S. In a market without Open Banking regulations, FinTechs continue to enter in to the market, collaborating with bank partners to offer their own financial services — which often compete directly with other financial institutions.

Fintech 144

Fintech Payments Meeting Capital 144

Bank Innovation

JULY 19, 2018

Fintech partnerships paid off for Fifth Third Bank this quarter. The sale of five million shares of common stock of Worldpay resulted in a $205 million pre-tax gain. The largest gains came from the bank’s ownership stake in the payment processing company Worldpay, formerly Vantiv. of […].

Fintech 199

Fintech Taxes Report Payments 199

PYMNTS

JANUARY 7, 2020

China’s Guangdong province has launched a blockchain financing platform for small and medium-sized businesses, backed by OneConnect , a Chinese FinTech recently listed on the New York Stock Exchange, according to a press release. . In other crypto news , cryptocurrency tax automation software TaxBit has raised $5 million in funding.

Bitcoin 132

Bitcoin blockchain Taxes Austin 132

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. and India drove a surge in FinTech venture capital funding in 2017, and Accenture Financial Services Senior Managing Director Julian Skan pointed to the B2B business model as a significant presence in this trend.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

MAY 18, 2018

million in the largest investment round ever for a FinTech that operates exclusively in the continent. Find out who raised the money, and other winners of this week’s B2B venture capital roundup, below. Endeavour Catalyst and Satya Capital also participated. Small Business Banking. The company raised $47.5

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

NOVEMBER 13, 2020

With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows. and Hong Kong.

Capital 229

Capital Cards Fintech Payments 229

PYMNTS

JUNE 14, 2019

Funderbeam operates a blockchain-powered funding and trading platform for the private sector in an effort to address the small business venture and capital gap. Reports said the firm is currently expanding its team, though exact details on how Edgewise plans to use the capital were not revealed.

Fintech 129

Fintech Capital Management California 129

PYMNTS

SEPTEMBER 7, 2018

There are some B2B FinTech segments that are mainstays with investors. This week, though, investors revealed their appetite for B2B FinTech firms that can multitask. million venture capital raise. India’s B2B eCommerce portal Udaan took the top investment spot with $225 million in Series C venture capital.

Fintech 109

Fintech Capital Lending Software 109

PYMNTS

DECEMBER 2, 2016

We’re covering two weeks’ worth of B2B venture capital funding, and across the board, India has come out on top. But the largest venture capital funding round went to an accounts payable automation firm in the U.S. But the largest venture capital funding round went to an accounts payable automation firm in the U.S.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

FEBRUARY 10, 2017

Belgium’s capital city is becoming known for more than just housing major international institutions like EU Parliament, EU Commission and NATO. Its capital city of Brussels, which serves as a home base for various international organizations, is working to also becomes a top contender as a global tech center. environment.

Capital 100

Capital Regional Innovation Fintech 100

PYMNTS

SEPTEMBER 27, 2019

A summer lull in B2B venture capital appears to have given way to an impressive start to the fall season. s Nationwide Building Society did not disclose how much it invested in BankiFi , but it did say that it’s support to the open banking FinTech comes as Nationwide plans to launch a business current account. said this week.

Payments 149

Payments Capital Taxes Lending 149

CB Insights

OCTOBER 21, 2018

CB Insights unveiled the second annual Fintech 250 — a list of 250 of the most promising private companies applying a mix of software and technology to transform the financial services industry. THE FINTECH 250 STORY. CB Insights clients can view the full Fintech 250 story by clicking the button below. Please click to enlarge.

Fintech 78

Fintech Lending Capital Analytics 78

PYMNTS

MARCH 7, 2018

-based B2B FinTech, has raised $40 million in venture capital, according to TechCrunch reports on Tuesday (March 6). FirstMark Capital led the investment, reports said, while existing backers Redpoint Ventures, Index Ventures, Bain Capital and Thrive Capital also participated.

Security 100

Security Capital Taxes Resources 100

PYMNTS

NOVEMBER 19, 2019

Ant Financial is worth around $150 billion, making it one of the most valuable private sector FinTech companies in the world. Ant Financial produced a pre-tax profit in the neighborhood of around $200 million, according to Alibaba’s yearly report. billion) in capital and local control. billion ($1.1

Digital Banking 101

Digital Banking Capital Taxes Groups 101

PYMNTS

JANUARY 16, 2020

To that end, Far Point Acquisition – which operates as a “blank check” company that focuses on financial technology deals – said on Thursday (Jan. The announcement comes on the heels of Visa’s announcement that it would buy FinTech firm Plaid for $5.3 16) that it would buy Global Blue , a payments company based in Switzerland, for $2.6

Payments 100

Payments Taxes Groups Fintech 100

PYMNTS

AUGUST 20, 2020

based FinTech Hammock. He noted that landlords can struggle to keep track of receipts and expenses, and must then rush to account for expenditure ahead of any tax deadlines. Today, it remains unclear exactly how the coronavirus crisis has affected rent capital in-flows.

Taxes 141

Taxes Management Industry Payments 141

PYMNTS

OCTOBER 27, 2017

In a bit of a mixed bag for B2B FinTech venture capital (VC), investment backers stayed fairly quiet this week, racking up nearly $90 million in funding. Check out all the B2B FinTech companies that secured fresh investments below. Advance Global Capital provided $1.1 SMB Banking. Countingup. Invoice Bazaar.

Samsung 100

Samsung Capital Security Analytics 100

PYMNTS

APRIL 30, 2018

Fifty-two percent of SMBs predict business payments will be digital within the next five years , said Bank of America, while mobile phones are used by nearly all small business owners today – 89 percent say they use smartphones and other mobile devices to manage their business and operations like basic tasks, digital banking and digital payments.

Taxes 144

Taxes America National Community 144

Independent Banker

MARCH 31, 2022

We must also keep our focus on protecting the 2017 tax cuts and, as always, monitoring and confronting credit union overreach. We must continue to fight increased regulation, specialty charter considerations and the potential for more fintech access to traditional rails without the same oversight.

Community Bank 239

Community Bank Community Industry Texas 239

PYMNTS

JULY 16, 2019

million in Series A funding led by Europe -based Karma Ventures, Vendep Capital and Leap Ventures. The solutions are designed for what Xolo dubbed the “virtual company” to mitigate friction of new businesses launching in a world where they must interact with national governments and operate across borders.

Tools 100

Tools Compliance Taxes National 100

PYMNTS

NOVEMBER 14, 2018

“There’s a lot of stigma around the need for short-term capital,” said Hackert. employers — Walmart’s operations in the country involve 1.44 “People are finally realizing that ‘it’s not my issue; it’s a fundamental issue of payroll operations,'” he said.

Fintech 145

Fintech Industry Taxes Operations 145

PYMNTS

MARCH 28, 2019

FinTech Fundbox said on Thursday (March 28) that it is expanding its partnership with Synchrony , the consumer financial services company, to make B2B credit available to the latter’s merchant client base. Drilling down to the SMB level, there is a significant lack of capital supply, said the executive. gross domestic product.

Data 131

Data Operations Capital Taxes 131

PYMNTS

MARCH 16, 2018

But APIs can offer a different strategic advantage, especially to B2B FinTechs, according to A.J. Because APIs facilitate integration between two services, the technology allows FinTechs to innovate in their niche markets, rather than attempting to be a jack of all trades. It’s a sentiment echoed throughout the B2B FinTech market.

Risk Management 134

Risk Management Survey Management Fintech 134

Jessica Ellerm

DECEMBER 5, 2017

According to a report commissioned by the Australian Tax Office, introducing structured e-invoicing practices between businesses, and businesses and government agencies, could save the Australian economy $10 billion every year. Xero-ing in on e-invoicing. The technology exists today – a smart and simple implementation of it doesn’t.

Fintech 65

Fintech Innovation Capital Report 65

PYMNTS

JANUARY 22, 2018

” Deleval noted that MobileXpense is working to collaborate with other FinTechs and payments companies, with a focus on capturing payment data from electronic transactions in real time. “We are more than welcoming them.” “As the fax disappeared with email, OCR will soon give room for a fully electronic data exchange.”

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

JULY 15, 2016

The city’s GDP per capital is $54,722. Hong Kong is known for its simple and predictable tax system, making it an attractive place for investment. Before we jump into the post, here are a few quick facts about Hong Kong and its tech scene: . Hong Kong is estimated to have a population of 7.3 Artificial intelligence accelerator Zeroth.ai

Taxes 100

Taxes Fintech Marketing Regional 100

PYMNTS

MARCH 12, 2019

For the financial services (FinServ) firms that seek to serve the capital needs of the middle market (which can be defined as companies with a top line ranging from $5 million to $100 million), speed is important — and data is, too. Commercial Banking announced a partnership with FinTech Neptune Financial (NepFin).

Lending 100

Lending Marketing Capital Data 100

PYMNTS

MARCH 30, 2018

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. ZP Group incorporates three units: a government cybersecurity contractor, a human capital and staffing service and a security advisory firm.

US 116

US Capital California San Francisco 116

Gonzobanker

MAY 31, 2019

But how can community banks successfully compete with big banks and fintechs that are spending billions on their digital lending capabilities? Source: DeBanked ) Square Capital lent about $1.6 Institutions are “spreading” financial statements for electronically provided tax returns or financial statements. Taking Stock.

Lending 136

Lending Community Bank Community Data 136

PYMNTS

JANUARY 23, 2017

Dabbling in FinTech innovation, expanding internationally, integrating digital systems — businesses must make progress, but they’re facing unfamiliar threats as they make these moves. Those challenges surpassed the 15 percent that said access to capital is their biggest challenge. And we’re not just talking about cyberattacks.

Survey 100

Survey Taxes Groups Analysis 100

Fintech Labs Insights

MAY 6, 2015

Less than a week away from its Finovate debut in San Jose , wealth advisory technology innovator, Trizic has closed a $3 million seed funding round with Operative Capital. Operative Capital initially invested $1 million in Trizic, and this week increased its investment by another $2 million.

San Jose 12

San Jose Operations Capital San Francisco 12

CFPB Monitor

MARCH 24, 2020

The proposal is a significant development for fintech companies and other commercial companies seeking to establish ILCs. At its sole discretion, in addition to denying approval for any of the above actions, the FDIC could impose restrictions on the activities or operations of an ILC that is controlled by a Covered Company.

FDIC 60

FDIC Taxes Industry Policies 60

Abrigo

FEBRUARY 27, 2020

Lending, he noted, is the “tip of the spear” – the activity that gets a financial institution into a business, allowing it to deploy its capital and create a profit through lending as well as cross-selling other products or services that can carry high margins, such as treasury management, corporate cards, or wealth management services.

Lending 243

Lending Survey Data System 243

PYMNTS

JULY 18, 2017

And while SMEs are awaiting tax reform, this area also makes the U.S. a complex market in which to operate, both for SMEs and their accountants and software providers. The new venture capital funding raised by FreshBooks , too, can help the company overcome those challenges.

Software 109

Software Taxes Capital Policies 109

Abrigo

APRIL 22, 2024

Takeaway 2 Several small business lending processes can tax both borrowers and staff. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets. At the same time, 59% pursued credit to meet operating expenses. A majority of applicants sought less than $100,000.

Lending 243

Lending St. Louis Community Marketing 243

CB Insights

DECEMBER 15, 2020

As with numerous other industries, the Covid-19 crisis has propelled digitization in the space — with fintechs and financial services incumbents alike. Get the free 64-page download to learn how industries are using tech to reimagine nearly every facet of their operations. Consolidation will continue, even between fintech startups.

Management 87

Management Fintech Industry Trends 87