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Today in B2B funds, Flexbase provides B2B purchase now, pay later (BNPL) to its tremendous app for companies, Kyriba introduces a man-made intelligence (AI)-powered cash-management instrument and Zaggle launches a product that streamlines B2B funds and manages money circulate.
Plus, DotPe has raised $58 million so as to add B2B monetary companies to its offline-to-online commerce platform.
Flexbase Adds B2B BNPL Option to Its Solutions for Merchants
Flexbase, a finance tremendous app for companies, is now providing B2B retailers a BNPL resolution referred to as Flexbase Pay.
“We enable B2B merchants to experience all the benefits of BNPL, including increasing their revenues significantly and increasing business customer loyalty, while taking the task of underwriting and credit collections off their plates,” Flexbase CEO Zaid Rahman stated in a press launch.
FinTech Kyriba Debuts AI-Powered Cash Management Platform
Software-as-a-Service FinTech Kyriba has added an AI-powered cash-management instrument to its array of cloud-based finance and data expertise instruments. The firm stated in a press launch that the instrument, referred to as Cash Management AI, makes use of information science to foretell money availability “with increased speed, control and reliability” and “improves companies’ cash management and forecasting capabilities.”
Indian FinTech Zaggle Launches AP, Credit Card Payments Platform
Zaggle, an Indian FinTech agency, has launched a product referred to as Zoyer, which brings accounts payable (AP) and bank card funds collectively on a single platform. IBS Intelligence reported the platform simplifies and automates B2B funds for small- to medium-sized companies (SMBs) and enterprises, streamlining B2B payables and enabling efficient administration of working money flows and enterprise efficiency.
Indian Commerce Platform DotPe Raises $58M to Add Financial Services
Indian offline-to-online commerce platform DotPe has reportedly raised $58 million in a Series B spherical, and stated it plans so as to add B2B monetary companies to its choices. Money Control reported that DotPe additionally stated it plans to make use of the brand new funding to triple the variety of retailers utilizing the platform over the following two or three years, after that quantity tripled over the earlier three years.
Swedish Last-Mile Delivery Firms Instabox, Budbee Intend to Combine
Swedish-founded last-mile supply firms Instabox and Budbee have introduced that they intend to hitch forces below a brand new holding firm referred to as Instabee.
The companies stated in a press launch that as a mixed firm, they’ll be capable to pool their know-how, compete with state-owned gamers and well-funded rivals, leverage synergies in operations, share expertise and additional put money into “consumer-centric and sustainable last-mile delivery services for the eCommerce sector.”
DOZR CEO Says BNPL Doubles Net Terms for Construction Rental Marketplace Buyers
Cash circulate is a major problem within the development business, and the CEO and co-founder of development gear rental market DOZR, Kevin Forestell, instructed PYMNTS’ Karen Webster that DOZR’s new B2B financing choice has made purchaser/provider relationships far more customer-focused.
“We’re very, very customer-obsessed and we kept thinking — ‘Hey, the contractors are squeezed for cash flow, and if there’s a way that we can help them, we want to find it,’” Forestell stated.
Ocean Shippers Looking to Offer Air-Freight Options
Amid logistics challenges and provide chain hurdles, firms that ship cargo on the seas are reportedly on the lookout for methods to supply clients delivery within the skies.
CNBC quoted Moller Maersk Head of Air Freight Michel Pozas Lucic as saying, “We are finding out more and more that our customers really need an end-to-end logistics solution. They’re looking for this one-stop shop that takes away not only the complexity of the logistics, but also makes it an optimized, efficient and effective solution.”
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New PYMNTS Study: How Consumers Use Digital Banks
A PYMNTS survey of two,124 US customers reveals that whereas two-thirds of customers have used FinTechs for some side of banking companies, simply 9.3% name them their major financial institution.
https://www.pymnts.com/cryptocurrency/2022/today-in-crypto-coinbase-could-earn-1-2b-from-higher-interest-analyst-says/partial/
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