Paystand.org, the philanthropic arm of Paystand, celebrates its first anniversary by announcing the opening of applications for its 2025 Grant Program. This marks an exciting opportunity for small and medium-sized NGOs working to advance financial inclusion, and Bitcoin education, and promote Bitcoin-based circular economies. Strong Start in Year One In its debut year, Paystand.org demonstrated impressive results. It grew its partnerships from four organizations in three countries to 10 NGOs across six nations. The result? Over 40,000 individuals in underrepresented communities benefited from its innovative financial inclusion programs. Empowering Underbanked Communities “We’re proud to support those who have been excluded…
Author: Your TechCFO
Cloud banking has revolutionised the financial services industry, offering organisations the ability to deliver services more efficiently, securely, and cost-effectively. However, as with any transformative technology, the transition to cloud banking comes with its own set of challenges. Understanding these cloud banking challenges is crucial for financial institutions looking to leverage cloud solutions effectively. This blog will delve into the key challenges associated with implementing cloud banking, including data security, regulatory compliance, customer trust, and system integration. What is Cloud Banking? Cloud banking refers to the use of cloud computing technology to provide banking services and applications over the internet.…
As the financial services industry continues to evolve, cloud banking is emerging as a transformative force that reshapes how banks operate and interact with their customers. With advancements in technology and increasing customer expectations, understanding the latest cloud banking trends is crucial for financial institutions aiming to stay competitive. This blog will explore the key trends shaping cloud banking in 2024, the benefits it offers, and the challenges organizations may face as they transition to cloud-based solutions. What is Cloud Banking? Cloud banking refers to the delivery of banking services through cloud computing technology. This approach allows financial institutions to…
As we head into 2025, businesses are rethinking their approach to B2B payments. The big question is: how can companies ease the growing friction in payment processes? The solution may lie in integrated systems that reduce risk and enhance efficiency. The Need for Seamless Solutions B2B payments are a critical part of business operations, but they’re often a source of frustration. Delays, manual processes, and security concerns slow down transactions. With digital transformation speeding up, businesses need to streamline their payment systems to ensure smooth financial operations. Boost Payment Solutions Leads the Way Boost Payment Solutions has positioned itself at…
Arketi Group, a leading digital marketing and public relations agency specializing in B2B technology companies, has announced a major milestone in its growth strategy. The firm has secured a significant private equity investment from Go Capital and Station Partners, positioning Arketi as the platform leader for a new network of industry-leading digital marketing and PR firms. Expanding Reach and Capabilities Arketi has been a trusted partner for technology organizations worldwide for over two decades, known for delivering revenue-driving strategies in public relations, messaging, branding, and demand generation. With the support of Go Capital and Station Partners, Arketi is poised to…
The demand for the business B2B Payments market is set on a path of constant growth, with an estimated CAGR of 9.42% by the year 2030 and a projected market size of USD 3,010.91 billion. According to the data, the sector is worth USD 1,603.32 billion in 2023 and is further fuelled by digital and virtual platforms, automation, and demand for efficient cross-border payments. A Digital Revolution in Payments Due to the continued advancement of business organizations toward dependency on technology, how organizations manage their payments is quickly changing. B2B payments represent the other side of the financial exchanges between…
WeTransact has partnered with Capchase to offer B2B software-as-a-service (SaaS) providers an innovative solution for payment delays. This collaboration combines WeTransact’s powerful marketplace platform with Capchase’s capital and payment services, enabling businesses to access upfront payments and strengthen their financial health. Solving Cash Flow Challenges for SaaS Providers The financial challenges facing SaaS providers are real. With an unpredictable economy and delayed payments, tech startups are often stuck in a cycle of chasing payments, impacting their ability to scale. This new partnership will let companies selling through the Microsoft Marketplace receive upfront payments, sidestepping the typical 90-day waiting period. “Marketplace…
In recent years, the financial services industry has undergone a significant transformation, driven by advancements in technology and changing consumer expectations. One of the most notable developments is the rise of cloud banking, which offers a range of benefits that traditional banking models cannot match. Understanding cloud banking and its implications for the future of financial services is essential for both consumers and industry professionals. This blog will explore what cloud banking entails, the benefits it offers, key trends shaping its future, and the challenges that organisations may face in adopting cloud-based solutions. What is Cloud Banking? Cloud banking refers…
Priority Technology Holdings has achieved impressive results, reporting a 20% jump in quarterly revenues, hitting a record $227 million, up from $189 million. This surge in earnings comes as the company’s B2B business continues to drive exceptional growth. Strong Performance Across Key Segments Priority’s adjusted gross profit reached $86 million, a nearly 19% increase from the previous quarter. Chairman and CEO, Tom Priore, credited the company’s success to its strong performance in small and medium-sized business (SMB) acquiring, B2B payables, and enterprise payments. “Our continued execution supports that Priority’s technology, operations, and decision-making have positioned us to excel throughout 2024…
Sunbit, a fast-growing Buy Now, Pay Later (BNPL) fintech, closed $355 million in its debt warehouse facility. The financial heavyweight JP Morgan, Mizuho Bank Ltd., and Waterfall Asset Management in a new agreement represents another step forward for the company. A Strong Start to 2024 This is Sunbit’s second 2024 term ABS facility, after closing a $310-million deal in January with Citi and Ares Management. This most recent agreement looks to take that prospect forward for Sunbit in what will be crucial to scaling the competition position of its point-of-sale (POS) lending technology. Expanding Market Reach Sunbit, launched in 2016,…