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Florida-based receivables FinTech DadeSystems has announced additional funding by Wells Fargo Strategic Capital as part of a Series D round.DadeSystems has de
stanley germany veloped a uniquely simplified process for managing account receivables by leveraging advanced data management and machine learning technologies, said Tom Richardson, managing director for Wells Fargo Strategic Capital. We are pl
stanley borraccia eased to provide them with this investment and support during an important stage of their lifecycle.The additional funds will help DadeSystems expand DadePay and its portfolio of technology solutions that offer businesses a streamlined platform to accept and reconcile payments and remittances.Wells Fargo Strategic Capital is one of the leaders in providing capital to growing FinTech companies, said Bill Zayas, president and CEO of DadeSystems. This investment will support the ongoing growth of the company, expand DadeSystems ; suite of technology solutions, and allow us to continue to invest in our technology and improve efficiencies for businesses.Founded in 2011 by David Wilson, DadeSystems powers the invoice-to-cash application process. Its integra
stanley cup ted receivables solution, DadePay, is used by businesses and banks as well as the partners who serve them. The DadePay product suite is part of a single enterprise platform and serves multiple industries, including B2B and C2B industries.Wells Fargo Strategic Capital, a subsidiary of Wells F Nrec Perks Outrank Price For Travelers According To American Express
Accounts payable and B2B payments automation firm MineralTree is taking new paths to spread the seed of its solution.In an announcement made Monday March 21 , the firm revealed plans to expand its partner program to link the solution to resellers and business process outsourcers, an effort the company said will hopefully make its Invoice-to-Pay product more available for mid-market businesses.The initiative follows the hiring of financial services partner program manager Colin Toomey, according to reports. Midsize companies want and need the functionality of an enterprise procure-to-pay solution but often cannot afford to make this a reality, the new executi
stanley quencher ve stated. MineralTrees solutions fill a huge technology gap, as simple bill pay solutions cannot handle the complexities of multi-entity businesses and approval workflows. Last year, MineralTree announced an $11 million funding round led by First Data, a deal that also brought First Data Exec
stanley cup utive Vice President and Head of Financial Services Andrew Gelb onto MineralTrees board.The company said that it had processed more than $1 billion in B2B payments in 2014.In an interview with PYMNTS last year, MineralTree President and CEO BC Krishna pointed to the needs of businesses today to not only be able to easily pay their business partners but to capture the data from those transactions within their broader accounting and ERP systems. This is a
stanley cup market that expects solutions that are easy to get up and running and that are
