PYMNTS

AUGUST 16, 2019

With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Below, PYMNTS breaks down the latest in B2B FinTech funding. Meanwhile, logistics, data analytics, and business travel technologies also won over investors.

Fintech 179

Fintech Analytics Capital Lending 179

PYMNTS

FEBRUARY 8, 2019

Growth of FinTech funding seems unstoppable, with the latest analysis from Hampleton Partners finding enterprise financial services and integration, online financial services, enterprise financial software and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year. 2nd Address.

Fintech 188

Fintech Capital New York City Analysis 188

PYMNTS

JANUARY 25, 2018

s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). The solution provides automated accounting and tax management for its entrepreneur clients. million sole traders that operate in the U.K. Countingup’s launch comes soon after the U.K.

Marketing 109

Marketing Taxes Google Fintech 109

PYMNTS

DECEMBER 20, 2019

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. Sleek offers a B2B service that enables startups and young businesses to incorporate and operate, targeting firms in Singapore and Hong Kong.

Management 131

Management Fintech Capital Operations 131

PYMNTS

FEBRUARY 28, 2020

As B2B FinTech firms continue working to break down silos, and ease the numerous friction points of the B2B payments process for both buyer and seller, the opportunities for data integration are vast. It’s one thing to enable two B2B FinTech platforms — like an accounts payable and accounting platform — to share data with each other.

Taxes 209

Taxes Data Fintech Compliance 209

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 12, 2019

and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. Indeed, he said, a lack of regulatory momentum in certain markets means acquisitions are often the most effective choice. For proponents of open banking , the regulatory initiative seen in the U.K. ”

Data 184

Data Fintech Strategy Regulation 184

PYMNTS

NOVEMBER 5, 2018

Ant Financial , the Chinese FinTech giant and an affiliate of Alibaba Group , posted an earnings pre-tax loss of 2.4 The Wall Street Journal ( WSJ ), citing Ant, reported that the company had a pre-tax profit of 5.3 billion yuan in pre-tax profit in the fiscal year ending in March, Bloomberg reported. It posted 9.18

Taxes 134

Taxes Lending Operations Marketing 134

PYMNTS

MARCH 12, 2019

There’s opportunity in serving the middle market in the U.S., 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. and middle-market firms employ 29.7

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Lending Marketing Capital Data 100

PYMNTS

MARCH 2, 2018

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. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 Blockchain.

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. With operations across Africa, Cellulant offers a digital accounts receivable solution with integrated payment reminder, collection, settlement and reconciliation capabilities. Small Business Banking. The company raised $47.5

Fintech 134

Fintech blockchain Analytics Capital 134

PYMNTS

DECEMBER 18, 2018

” Kepczyk described this market as the “wild west,” as more technologies and FinTech innovators enter the small business financial services space, not only to automate, but to provide deeper insights into company finances and enable predictive analytics involving too much data for one (human) accountant to manage. .”

Management 134

Management Fintech Tools Technology 134

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. The Series A funding will be used to further its market presence in the U.S. Based in Ireland, Immedis provides payroll and tax services to multinational corporations.

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Fintech Capital Management California 129

PYMNTS

OCTOBER 13, 2019

FinTech company Revolut wants to raise as much as $1.5 Late last month the company announced it was expanding its partnership with Visa to include five new regions in 24 markets including Canada, Japan, Singapore and the U.S. bringing Revolut’s total global footprint to 56 markets. billion so that it can expand globally.

Taxes 163

Taxes Fintech Branding Regional 163

PYMNTS

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. Take, for example, markets like the food and beverage, pharmaceutical and medical supplies space. In California, where WAYV operates, and where the legal cannabis market is expected to reach a $5.1

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

MARCH 26, 2018

The rise of RegTech is not by chance: There is an undeniable link between regulatory changes and technological innovation, and that link has a profound impact on FinTech and the financial services market. Europe is an epicenter for both regulatory shifts and FinTech innovation. Tax fraud is a massive threat of corporates.

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Taxes Fraud Compliance Regulation 102

PYMNTS

DECEMBER 2, 2016

It’s certainly not the largest funding round the B2B FinTech industry has seen. According to its cofounder, Aditya Tulsian, incoming tax regulation changes, along with India’s recent demonetization, mean SMEs are going digital and will need to keep better track of funds. with an $18 million investment. B2B eCommerce.

Fintech 100

Fintech Capital Lending Taxes 100

PYMNTS

MARCH 9, 2020

Intuit , the tax software company best known as being the enterprise behind QuickBooks and TurboTax , is looking into acquiring FinTech Finicity , according to reports. On Monday (March 9), the market saw Intuit’s shares dip 4.3 Intuit recently bought Credit Karma for $7 billion. percent, which is $11.45, to $263.73.

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Taxes Software Company Fintech 154

PYMNTS

AUGUST 20, 2020

based FinTech Hammock. With the pandemic exacerbating cash flow issues, the current market climate has opened up an opportunity for organizations like Hammock to offer a remedy — and investors agree, with Hammock recently announcing a $1.32 million seed funding round. .

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Taxes Management Industry Payments 141

PYMNTS

JUNE 29, 2020

A number of British FinTech firms have suspended services following the FCA’s restrictions on Wirecard, leaving hundreds of thousands of accounts blocked, the news service reported. Wirecard said over the weekend it would continue to operate in all but one of its European locations as the court considers the company’s insolvency request.

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Taxes Report Financial Technology Digital Banking 223

PYMNTS

JULY 15, 2020

If Wirecard had done so, Cranston wrote, “it would most likely have used it to negotiate on price, but it did not do that, paying what it did because of its assessment of what was needed to gain the strategic access Hermes provided to the Indian market,” according to FT.

Fraud 160

Fraud Taxes Groups Compliance 160

PYMNTS

AUGUST 20, 2019

Middle market companies need help navigating the complexities of accounts payable management, especially when it comes to cross-border, cross-currency payments. That’s especially important as businesses gain scale, as they expand reach into new geographic areas — and as they grapple with AP operations.

Management 127

Management Payments Taxes Software 127

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.

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Fintech Lending Capital Analytics 78

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

APRIL 23, 2020

As one-person operations, they often lack the resources and know-how to manage professional finances in a compliant and efficient way, yet they have more complex tax, payments and cash flow management needs than the average individual. Dan Hogan, chief financial officer and chief operating officer of newly-launched U.K.

User Experience 141

User Experience Management Taxes Fintech 141

PYMNTS

MARCH 13, 2017

Clearly, there’s still a long way for SMEs to go before they fully embrace FinTech – and the latest research on the topic reinforces the notion that small businesses aren’t using technology the way some may have hoped. 70 percent of SMEs didn’t use tax software in 2016 , found Office Depot in its most recent Small Business Index survey.

Financial Technology 127

Financial Technology Technology social media Taxes 127

PYMNTS

AUGUST 6, 2019

With government agencies working to combat tax evasion and fraud, eInvoice mandates mean a reduced risk of invoice fraud and greater visibility into trade and transactions. on the benefits of an eInvoicing mandate, noting that it would address the nation’s current tax challenges. On Monday (Aug. Additionally, reports on Monday (Aug.

Regional 108

Regional Taxes System Guidelines 108

PYMNTS

JANUARY 31, 2019

In addition, Grab plans to start offering solutions and privileges from United Overseas Bank Limited (UOB) in Singapore , Fintech firm BPP has unveiled a digital wallet dubbed BPP Pay for the Brazilian market and passengers from China can now make payments with WeChat Pay at an airport in Italy.

Cards 108

Cards Operations Payments Taxes 108

PYMNTS

NOVEMBER 11, 2019

lender HSBC made progress in the launch of its digital banking platform for small businesses, Kinetic, which is now operating in beta phase, Reuters reported on Monday (Nov. The bank also plans to expand Kinetic into new geographic markets. where the FI’s losses were greatest.

Digital Banking 105

Digital Banking Taxes Analytics Analysis 105

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

PYMNTS

JANUARY 22, 2018

Expense management technology is now a saturated market, particularly for the small business space – which is notoriously difficult to serve, because they are too small for large, enterprise-grade solutions, but too large for consumer-specialized tools. “Some observers will define the market as $10 million in the top line to $1 billion.

Management 116

Management Compliance Taxes Marketing 116

PYMNTS

SEPTEMBER 27, 2019

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. The firm operates a platform to automate tax and financial management processes for gig workers, sole traders and contractors.

Payments 149

Payments Capital Taxes Lending 149

PYMNTS

JULY 16, 2019

Xolo Go aims to accelerate freelancers’ ability to launch their business by connecting them to bank accounts, invoicing, expense management and payout functionality, while Xolo Leap supports the launch of EU-registered business with banking, accounting and tax compliance services. Ukraine and Turkey.

Tools 100

Tools Compliance Taxes National 100

PYMNTS

NOVEMBER 14, 2018

” On-demand payroll is not entirely new, but recent revelations in the pitfalls of payday lending and overdraft fees have opened up a broader market for this kind of payroll solution. employers — Walmart’s operations in the country involve 1.44 In the U.S.,

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Fintech Industry Taxes Operations 145

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. It also owns the world’s biggest money market fund, Yu’e Bao, and a credit-rating system called Sesame Credit. and Temasek Holdings Pte’s venture capital arm on a wholesale virtual banking license, reports said.

Digital Banking 101

Digital Banking Capital Taxes Groups 101

PYMNTS

JANUARY 14, 2019

Nazir detailed the vast opportunity that lies before FinTech firms such as Emergent that are making headway into providing financial services in Africa: 54 countries, home to 1.3 This deal allows Emergent to extend operations of its digital payments operation, Emergent Payments, into 70 emerging markets. billion people.

Mobile 212

Mobile social media Taxes Technology 212

PYMNTS

DECEMBER 11, 2019

As the open banking business model permeates into the B2B financial services market, FinTechs and traditional financial institutions continue to find new use cases for API integrations and connectivity to elevate the business-user experience. In the latest demonstration of FinTech-to-FinTech integration, U.K.

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Fintech Groups Data Strategy 132