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Mastercard Grows Partnership With B2B FinTech ANNA Money

PYMNTS

The company combines a Mastercard debit card, mobile business account and virtual assistant into one offering, which is designed for freelancers, small businesses and startups. ANNA has transformed into an app that handles financial management tasks such as direct debits and invoicing, enabling clients to focus on other tasks.

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VCs Back FinTechs That Help Other Firms Manage Money

PYMNTS

With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Focused on helping startups manage and analyze expenditure, U.S. Small business accounting startup Xendoo announced a $3.5

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India VCs Target SME Cash Management FinTech

PYMNTS

offers cash flow management for businesses. offers small and medium-sized businesses a way to manage cash flow by offering solutions like invoice and expense management, reports explained, adding that the company currently serves about 3,750 SMEs in the country. Owned by Paradime Technologies, numberz.in Numberz.in

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Fintech Deals to Watch: Back to School

Gonzobanker

Most fintech companies are fine, but they’ve stopped blowing off econ class for mimosa brunches. Especially in fintech, which had the roughest semester last spring. Then, bad grades came in right as summer party season kicked off, mom and dad took away the car and credit card, and the Venmo transfers came to a screeching halt.

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FinTech Targets The Cash Flow Needs Of CPAs

PYMNTS

The Certified Personal Accountant (CPA) today now has a plethora of FinTech solutions they can use to manage their clients’ money, with the number of digital tools — including cloud accounting portals, cash flow forecasting solutions and intelligent technologies like artificial intelligence (AI) — continuing to rise.

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Capital On Tap Launches SMB Card With Receipt Bank

PYMNTS

small business lender and commercial card company Capital on Tap is collaborating with accounting software company Receipt Bank to launch the Receipt Bank Card, a commercial card solution for small businesses, according to a press release Monday (July 8).

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Virtual cash management: A catalyst for new business models for European transaction banks

Accenture

A recent Accenture roundtable discussion concluded that European banks have the opportunity to develop innovative transaction banking offerings using virtual accounts, such as virtual cash management, to address changing market needs and create new business models.