Ramp has announced an innovative addition to its financial operations platform, the Ramp Treasury Solution. Designed to maximize cash returns and streamline liquidity management, this innovation is set to redefine how businesses handle finances. With the new Ramp Treasury, companies can earn up to 35 times more on operating cash than the national average, according to Ramp’s recent press release. Businesses also have the option to access higher yields in investment accounts, delivering unprecedented value with minimal effort. Optimizing Working Capital and Payments One of the standout features of the solution is its ability to provide businesses with an additional…
Author: Your TechCFO
Highnote, a leader in modern card issuance and program management, has announced securing $90 million in Series B funding. This round was spearheaded by Adams Street Partners, with participation from notable investors including Oak HC/FT, WestCap, and Costanoa Ventures. Highnote’s funding enables its entry into the U.S. merchant acquisition, establishing it as a pioneer in embedded finance with a unified payments platform. Unified Platform for Issuing and Acquiring Highnote’s acquiring solution integrates issuing and acquiring, offering full pay-in and pay-out capabilities, simplifying transactions, reducing costs, and streamlining operations for enterprises and B2B customers. The API-driven acquiring platform supports card payments…
UK-based consumer group Fairer Finance has introduced a new product rating system specifically aimed at small businesses. The initiative seeks to provide clarity to entrepreneurs who often face overwhelming choices when selecting a bank account. Helping Small Businesses Choose with Ease Fairer Finance, known for its consumer-oriented product ratings, now offers evaluations of over 30 categories, including banking, insurance, and credit products. The new ratings will provide business owners with a streamlined approach to selecting business bank accounts, offering insights into what is essential for their operations. James Daley, Managing Director at Fairer Finance, shared his vision: “Our new ratings…
As energy markets evolve, seasoned executives and decision-makers are shifting focus to smaller players with the potential for exponential growth. Penny stocks, often overlooked, now offer enticing prospects. Among them, United Energy Group, Guangdong DFP New Material Group, and Leo Group stand out for their resilience and strategic positioning in an uncertain economy. 1. United Energy Group With operations spanning South Asia, the Middle East, and North Africa, United Energy Group (UEG) commands attention. Backed by a seasoned leadership team, UEG’s market cap of HK$9.95 billion underscores its steady presence in the energy sector. Despite annual losses growing at 23%,…
Alberta Enterprise Corporation (AEC) has committed CAD 5 million to Pender Ventures’ second fund, the Pender Technology Inflection Fund II. This strategic move is aimed at accelerating Alberta’s burgeoning tech startup ecosystem, particularly in the health tech and B2B sectors. A Boost to Alberta’s Growing Tech Scene Pender Ventures, a renowned Canadian venture capital firm, has raised a total of CAD $100 million for its second fund. The firm plans to use these funds to support early-stage technology businesses, particularly those focused on B2B software and health technology. With a new full-time presence in Calgary, Pender Ventures is deepening its…
PayPal, Deloitte, and Bitwave are co-hosting the much-anticipated “On-Chain B2B Payments Day” on February 27, 2025, an innovative event designed to accelerate the global adoption of on-chain B2B payments. The event will take place during ETHDenver 2025, the premier conference for Ethereum developers and blockchain innovators. Financial leaders, accountants, and enterprise executives will gather to explore how blockchain technologies and stablecoins are reshaping the future of B2B transactions. Stablecoins Take Center Stage Deloitte’s Rob Massey, Global Tax Leader for Blockchain & Digital Assets, emphasized the critical role stablecoins play in the evolving financial landscape. “Stablecoins are transforming business transactions by…
Float Financial Secures $48.5M in Series B Funding Led by Goldman Sachs Float Financial, a rapidly growing fintech company, has raised $48.5 million in its Series B funding round. Goldman Sachs led the investment, reflecting strong confidence in the company’s ability to disrupt the financial management space. Why Investors Are Paying Attention The funding round highlights key strengths of Float Financial that caught investors’ attention: How Will the Funding Be Deployed? Float Financial aims to leverage this investment to: Leadership Perspective “This funding milestone is a testament to the value we deliver to our customers,” said [CEO’s Name, if available]. “With Goldman Sachs backing…
Billtrust Leads the Way in B2B Payments with AI-Enhanced Innovations Billtrust, a prominent name in the B2B payments space, has announced significant milestones achieved in 2024, driven by its AI-enhanced platform innovations. The fintech company continues to reshape the payments ecosystem by focusing on automation, operational efficiency, and customer-centric solutions. AI-Driven Achievements in B2B Payments Through its integration of advanced artificial intelligence, Billtrust has streamlined invoicing, payment processing, and cash application workflows. The platform now supports faster reconciliation and predictive analytics, enabling businesses to optimize their cash flow management and reduce processing times. Key 2024 Milestones Leadership’s Vision for 2025 and Beyond Billtrust…
Discover how technology, strategic leadership, and evolving regulations are reshaping the B2B landscape in 2025. Explore advancements in AI, real-time payments, and global financial standards driving innovation across industries. The intersection of technology, leadership, and regulation is fundamentally reshaping the B2B ecosystem, paving the way for transformative changes across industries. As companies adapt to the evolving landscape, 2025 promises to be a pivotal year for innovation and progress. Strategic Leadership in Finance CFOs are stepping into broader strategic roles, leveraging advanced technologies to drive transformation. Their responsibilities now extend beyond financial reporting to include guiding their organizations through complex challenges,…
Banks and financial institutions worldwide are navigating through significant changes in payment systems. The rise of SEPA instant payments in the European Union marks a turning point in B2B financial services, pushing the industry toward 24/7, real-time transactions. This new framework, effective from January 9, ensures payments settle in less than 10 seconds, a stark contrast to the previously more relaxed timelines of several hours. While SEPA payment systems allowed for due diligence checks over a longer period, the push for instant payments has created a surge in demand for faster and more transparent services. This shift is expected to…