Yixd Today in B2B: How Finance Officials Overcome Billing Disputes; Flipkart, Rupifi Team on Embedded BNPL
Although many industries aim to eliminate the friction associated with paper check payments, the digital transition can be a challenge.In the real estate business, for instance, recent PYMNTS data shows that landlords and property managers are still leaning hard on paper checks 鈥?not only for rent collection but also for a significant portion of business-to-business B2B payments.In fact, a PYMNTS report found that paper checks made up 34% of real estate companies B2B payments, according to The Treasurers Guide to AR Payment Optimization, a PYMNTS and CheckAlt collaboration.Get the report: The Treasurers Guide to AR Payment OptimizationThats higher than the share of B2B payments made by check in three other industries included in the study, including the 20% reported by the technology industry, the 26% reported by the industrial or manufacturing industry and the 28% reported by the finance and insurance.Challenges to Digitization聽Several key factors have enabled checks to retain their grip i
stanley cup usa n real estate, including tenants needs and preferences a
stanley quencher nd as well as insufficient digitally optimized payment infrastructure.Adding to the p
stanley borraccia roblem, about 5% of American households lack bank accounts, according to 2019 data, so theyre still reliant on cash or other time-consuming methods to pay their rent or other bills.To help tenants to adopt online tools for rent payment, property managers need to offer them first. Digital-first technologies also are becoming crucial to property mana Xlgf How Virtual Streaming Services Can Earn Latin American Consumers Loyalty
This week B2B venture capital roundup includes a strong showing from one uncommon market: Brazil. The nation secured significant funding for startups operating in the spaces of logistics and cybersecurity 鈥?the two B2B markets that landed the most investment this week. But it was one U.S. cybersecurity company launched by former NSA chief Keith Alexander that raised the largest round at $78 million. PYMNTS breaks down the highlights of the week investments in B2B startups below.LogisticsBizongoBizongo 8216 business model of providing packaging to B2B companies may not capture headlines, but the $22 million in Series B funding the India-based startup secured this week signals investors ; confidence. B Cap
stanley quencher ital, International Finance Corporation, Accel Partners and IDG Ventures participated in the investment round, according to YourStory reports. According to Bizongo, packaging is critical to supporting India B2B trade operations. With the funds, the company said it will focus on technology development, new hires
stanley fr and overall expansion as it turns its attention to large corporate customers.Manda锚The IMF also partic
stanley mugs ipated in Brazil Manda锚 $7.1 million Series B funding, reports this week said. The logistics company 鈥?which also saw investment from UPS Strategic Enterprise Fund, Mercado Libre Fund, Tekton Ventures, FJ Labs, Performa Investimentos, Qualcomm Ventures, Monashees and Icon Holding Company 鈥?targets early-stage eLogistics to
