Ezok From Wedding Planning To Cannabis, B2B FinTech Funders Go Niche
Today in B2B payments, newly announced partnerships aim to provide solutions for eInvoicing, request-to-pay services, cap
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stanley cup ch for accounts receivable AR management. Plus, Billtrust says its been sold in a $1.7 billion deal.聽Partner Hub, Answer Pay Team on eInvoicing, Request-to-Pay Services聽Payments-as-a-service platform Answer Pay and online invoicing service and technology provider Partner Hub have joined forces to make it easier for banks to offer their customers request-to-pay and eInvoicing services. Partner Hub Co-Founder Katalin Kauzli said in an Answer Pay blog post, Were looking forward to working with Answer Pay to help banks in the rest of Europe take full advantage of this powerful combination of [eInvoicing] and [request-to-pay]. 聽聽PingPong, Uncapped Partner on Capital Advance for European Merchants聽PingPong Payments and Uncapped have partnered to enable PingPong customers in Europe to get a capital advance from Uncapped. PingPong Europe Managing Director Chunhe Zhang said in a press release, With Uncapped, PingPong is bringing a meaningful offer to PingPong customers for them to receive fast funding supports, which would be a key to their commercial success in the eCommerce world. 聽GreenDropShip Integrates Stripe Connect for B2B eCommerce Payments聽Ahead of its launch later this year, GreenDropShip, a B2B eCommerce company supplying natural groceries, personal care items and home goods, has integrated Stripe Co Iamj Elon Musk Proposes Third Horse in Google-Microsoft AI Race
While late payments to small B2B suppliers appears to be a universal challenge, the U.K. has arguably shed the most light on the problem thanks to industry efforts to raise awareness, and regulatory efforts to lower days payable outstanding.But analysis from the U.K. BACS Payment Scheme Limited suggests late payments are a persistent burden for the small business community.For small businesses to be working with large companies and operators is a dream come true, A City Law Firm Founder Karen Holden said in an interview last week with FinTech Futures, which covered the BACS research released last year. But after paying their overheads and staff costs, it adds a lot of financial pressure that they are only paid on delivery. If you haven ;t secured a regular monthly cash flow, then you need a strong contingency plan.Those recommendations could be universally applied, too, considering the latest research on the small busine
stanley becher sses late payments burden spreading beyond the U.K., with news from Hong Ko
stanley cup ng and Australia also shedding light on the issue.Small business account
stanley website ing platform Xero published a report last week that calculated the value of late payments made to Hong Kong small businesses, with researchers warning that ongoing trade disputes between the U.S. and China have also exacerbated the problem.Unfortunately, dealing with late payments is part and parcel of running a business, said Xero Regional Director for Asia Kev