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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

B2B FinTechs in the U.S. This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, Big Data and procurement startups across a range of industries, from corporate social media management to marijuana procurement. Supply Chain Management.

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Revolutionizing the Way We Pay: The Top Payment Industry Trends You Need to Know in 2023

Perficient

Social Media as a Payment Channel Considering that the average American spends 147 minutes a day on social media , it is no surprise that businesses across industries seek the visibility that social media advertising and eCommerce can provide.

Industry 471
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How China Is Clamping Down On Crypto Trading With Social Media

PYMNTS

In all, local media outlet Lanjinger has found that at least eight “legitimate” publications, according to The Next Web , have been impacted by the crackdown. That move comes as operators of crypto trading platforms have fled China for other places, such as Hong Kong. Why WeChat?

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Banks, FinTechs Wield Open Banking For SMB Finance

PYMNTS

This week’s look at the latest open banking efforts and bank-FinTech collaborations reveals small business lending to be an emerging bright-spot in this field. Though collaborating with FinTechs is a popular way for banks to augment their product offering, Banco Santander has opted for the M&A route to expand its trade finance operations.

Fintech 159
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Bitcoin Daily: Ping An’s FinTech Arm Teams Up To Launch Blockchain Solution; CFTC Calls For Default Ruling For Alleged Ponzi Scheme Founder

PYMNTS

The program will pull in data from Chinese custom services, port operators, logistics companies, financial institutions and export and import firms, and will aim to make financial matters more accessible and offer a better, cheaper tracking system. OneConnect is the financial arm for Ping An Insurance, the largest insurer in China.

Bitcoin 144
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B2B FinTech Bucks The VC Slump

PYMNTS

This week, the B2B FinTech startup space bucked any notion of a VC downturn with several high-value deals, and one of the busiest VC investment roundup weeks for the B2B space so far this year. Below, PYMNTS breaks down how more than $516 million in venture capital was spread across B2B FinTech firms. Webware.io. FreightHub.

Fintech 160
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INV Fintech Unveils Its Third Class of Startups

Bank Innovation

INV Fintech, the sister accelerator to this site, announced its third cohort of startups today. Here are the five companies of Class 3 of INV Fintech: CoverHero is an intelligent insurance roboadvisor that helps users manage, understand, and buy […].

Fintech 218