PYMNTS

SEPTEMBER 6, 2019

million was placed with B2B FinTechs this week. Challenger bank Yelo, operating in India, raised an undisclosed sum from Matrix Partners India, Omidyar Network, Flourish VC and Better Capital, Inc 42 reports said this week. Yelo also plans to expand its team and invest in product development and sales, reports said.

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Fintech Capital Lending Operations 155

PYMNTS

OCTOBER 26, 2018

With only a few million dollars in combined investments, this week certainly wasn’t the most lucrative for B2B FinTech firms, but the variety and global reach of recent SMB FinTech investments offers a bright spot in an otherwise quiet moment for B2B venture capital. Reports did not reveal exactly how much of the $1.1

Fintech 192

Fintech Capital Tools Management 192

South State Correspondent

MARCH 21, 2023

ERC gave eligible businesses a refundable tax credit of up to 50% of $10,000 for qualified wages paid per employee. The ERC Assist Program SouthState has partnered with SmartBiz, a fintech company, and several known CPAs and ERC processors to assist banks in processing ERC payments for their small business customers. In 2020, the U.S.

Taxes 195

Taxes Community Bank Community Operations 195

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. ANNA Money.

Fintech 188

Fintech Capital New York City Analysis 188

Bobsguide

SEPTEMBER 19, 2022

The growing need to overhaul these systems is what powered GFT’s leap on the 2022 IDC FinTech Rankings. Continued adoption of GFT’s approach to reimagining banks’ current technology with core digital solutions moved the company up 14 spots this year, ranking #35 and earning recognition as a “Fast Track Fintech.”.

Fintech 68

Fintech Taxes Customer Experience Industry 68

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.

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Management Fintech Capital Operations 131

PYMNTS

MAY 18, 2018

million in the largest investment round ever for a FinTech that operates exclusively in the continent. India’s small business bank alternative, Open, announced pre-Series A funding from Unicorn India Ventures and Recruit via its RSP India fund, reports in Inc42 said. Small Business Banking. The company raised $47.5

Fintech 134

Fintech blockchain Analytics Capital 134

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.

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Bitcoin blockchain Taxes Austin 132

PYMNTS

MARCH 2, 2018

A report released this week found startups across the U.S., 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. Much of the growth, particularly in the U.S. AgriDigital.

Fintech 118

Fintech Capital blockchain Lending 118

PYMNTS

MARCH 12, 2019

and Europe is a natural progression from the surge in FinTech solutions offered to consumers, small businesses and enterprises. have plans to acquire a FinTech in the next 12 months as they pursue heightened digital transformation. Its report referenced the U.S.’ ”

Data 184

Data Fintech Strategy Regulation 184

PYMNTS

JUNE 14, 2019

based Accelerated Digital Ventures, it was reported this week. 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. Based in Ireland, Immedis provides payroll and tax services to multinational corporations. Accomplice and.406

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. The company, according to reports , secured the funds through a joint venture with BTG Pactual, Latin America’s largest financial institution. Countingup.

Fintech 109

Fintech Capital Lending Software 109

PYMNTS

DECEMBER 18, 2018

. “The accounting profession is rapidly transitioning from compliance to trusted advisor ,” he said in a recent interview, “and these tools will allow them to develop foresight with the client, rather than reporting only on what has happened after the fact — hindsight.”

Management 134

Management Fintech Tools Technology 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.

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Capital Cards Fintech Payments 229

PYMNTS

AUGUST 21, 2020

Plus, Amazon has put some hiring on hold for its Alexa operation. Report: $50B in Cryptocurrency Moved Out of China. Report: Amazon Slows Alexa Staff Hiring to Improve Margin. Amazon has put some hiring on hold in its Alexa operation amid the pandemic. Publishers’ Letter Spotlights ‘Apple Tax’ – and Digital News Delivery.

cryptocurrency 159

cryptocurrency Maine Boston Analytics 159

PYMNTS

MARCH 4, 2020

The enterprise resource planning ( ERP ) system has been a staple of corporate finance operations for years, acting as a central repository of data and a hub to initiate a range of processes, from accounting to procurement. The ERP’s Role in a FinTech World. He pointed to financial reporting as one example of this shift.

Data 260

Data Taxes Analytics Resources 260

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.

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Taxes Lending Operations Marketing 134

PYMNTS

DECEMBER 2, 2016

It’s certainly not the largest funding round the B2B FinTech industry has seen. This Indian startup offers small and medium-sized businesses cash flow management solutions through an array of services, like invoice management, expense tracking and other features, reports said last week. with an $18 million investment.

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Fintech Capital Lending Taxes 100

BankInovation

AUGUST 31, 2022

The Stockholm-based fintech reported an operating loss before tax of 6.2 Klarna Bank AB said losses more than trebled in the first half of the year, ahead of a cost-cutting drive that’s set to temper its rapid international growth. billion Swedish kronor ($581 million) for the six months through June, up from 1.8

US 52

US Taxes Fintech Operations 52

PYMNTS

JUNE 29, 2020

billion accounting scandal, but restrictions on the collapsed German payments company will stay, Reuters reported. “We 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. authorities.

Taxes 223

Taxes Report Financial Technology Digital Banking 223

PYMNTS

OCTOBER 13, 2019

FinTech company Revolut wants to raise as much as $1.5 Visa is taking an active role in working with FinTechs and emerging players who are entering the payments ecosystem at a rapid pace,” Visa Chief Product Officer Jack Forestell told PYMNTS at the time. billion so that it can expand globally. banking licence.

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Taxes Fintech Branding Regional 163

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. The company has a suite of APIs that operate with outfits like Experian and Ellie Mae to help onboard and authenticate customers.

Taxes 154

Taxes Software Company Fintech 154

PYMNTS

JANUARY 7, 2020

As was reported Monday (Jan. The financial center operates with its own legal, regulatory and tax infrastructure and traces its roots back to 2005. As reported by the Gulf Times , the Qatar Central Bank adopted new regulations in December that focus on combating money laundering and terrorist financing.

cryptocurrency 132

cryptocurrency Bitcoin blockchain Course 132

PYMNTS

JULY 15, 2020

After weeks of relentless headlines on the collapse of Wirecard , the High Court of Justice in London handed the German payments company a victory on Wednesday (July 15), the Financial Times (FT) reported. Wirecard’s former chief operating officer, Jan Marsalek, is being sought by authorities in several countries.

Fraud 160

Fraud Taxes Groups Compliance 160

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

JUNE 29, 2018

Reports in The Hindu Business Line on Thursday (June 28) said YES BANK and Kerala are joining forces to introduce corporate banking services for startups, including a new current account offering without minimum balance requirements. YES BANK also launched an accelerator program last year in an effort to promote B2B FinTech innovation.

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Taxes Groups Operations Report 102

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. However, further reforms are needed. On Monday (Aug.

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Regional Taxes System Guidelines 108

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 30, 2018

Fifty-four percent of small business owners say they are optimistic about the national economy , found Bank of America’s 2018 Business Advantage Small Business Owner Report. The FI said this statistic is two percentage points higher than last year’s report, and a whopping 25 percentage points up from 2016 levels.

Taxes 144

Taxes America National Community 144

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

NOVEMBER 1, 2018

FinTech innovation is often a layered process, taking existing infrastructures and processes, and developing new tools to improve upon them. In California, where WAYV operates, and where the legal cannabis market is expected to reach a $5.1 We’re trying to innovate that because we have a huge opportunity ahead of us.”

Taxes 122

Taxes California Regulation Innovation 122

PYMNTS

JANUARY 25, 2018

s financial services market is expanding, with FinTechs — dubbed challenger banks — rivaling traditional financial institutions (FIs). This week, the industry got a bit bigger: Recent reports said the sector’s newest entrant, Countingup , has officially launched to disrupt the small business (SMB) banking space.

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Marketing Taxes Google Fintech 109

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.

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Financial Technology Technology social media Taxes 127

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

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

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.

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Community Bank Community Industry Texas 239

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