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…
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DHL Group, headquartered in Germany, adjusted its earnings before interest and taxes (EBIT) forecast to €5.8 billion ($6.3 billion) for 2024, a reduction from the previously set €6–€6.6 billion range ($6.5–$7.2 billion). The announcement, made Tuesday morning, led to…
Mastercard has announced a strategic partnership with PayMate, a leading business-to-business (B2B) payments platform. The collaboration aims to enhance digital B2B payments for companies in Eastern Europe, the Middle East, and Africa (EEMEA). This announcement was made on November…
Warburg AI, a newly founded UAE-based artificial intelligence company, has made headlines by securing $250,000 in seed funding. This investment will accelerate the development of its advanced AI-driven financial services platform, aimed at reshaping asset management. Advanced Technology at…
Fundbox, a leading embedded capital platform, has been selected as an Inc.com B2B Power Partner, highlighting its commitment to empowering small and midsize businesses (SMBs). This prestigious recognition celebrates organizations that effectively support the SMB economy by providing essential…
Payments are foundational in the multi-trillion-dollar B2B industry, and agreements are the framework for these transactions. This October, Bill360 introduced new tools for payment flexibility, offering clients the option to schedule or process payments directly via email, a step…
Fundbox, a leader in embedded capital solutions for small and medium-sized businesses (SMBs), has been named an Inc.com B2B Power Partner. This prestigious recognition highlights the company’s dedication to supporting the SMB economy by addressing its working capital needs…
Upflow, the French cash collection startup, is making headlines with a strategic focus. Originally dedicated to managing outstanding invoices, Upflow is now set to become a comprehensive B2B payment platform, complete with its payment gateway. This transition is designed…
WEX is taking a bold step forward with its embedded finance solutions. This trend is rapidly reshaping the way businesses manage their supply chains, making processes smoother and more efficient. Karen Stroup, WEX’s Chief Digital Officer, highlighted the pressing…
According to Forrester’s latest report, more than 50% of large B2B transactions (valued at $1 million or greater) will be conducted through digital self-serve channels by 2025. This trend highlights a significant shift as Millennials and Gen Z buyers…