13/05/2021

Today In B2B: Finadvant Eyes SMB X-Border Pains

Now in B2B payments, Finadvant discusses the cross-border payment pains of compact corporations, and Brex raises new funding. As well as, OnDeck readies for asset-backed security sale, Citigroup strengthened its EMEA corporate banking presence and Medius launches supplier payment abilities.

How SMB Finserv Skipped The Compliance Headache Of Cross-Border Payments

SMB Loan company OnDeck Gears Up For Asset-Backed Security Sale

OnDeck Money, the compact to medium-sized small business (SMB) digital loan provider, is reportedly gearing up for its to start with bond sale right after installment bank loan issuer Enova Worldwide Inc. purchased the agency in 2020, the Washington Post described on Monday (April 26). Unnamed resources in the Washington Article posting indicated that the company is wanting to sell asset-backed securities in four tranches.

Brex Raises $425 Million Series D At $7.4 Billion Valuation

Citigroup To Increase EMEA Banking Functions

Citigroup will broaden its professional banking operations for Europe, the Center East and Africa (EMEA), a push launch said Monday (April 26). The operations will acquire on area banks serving midsize providers, as component of a broader initiative to capitalize on its worldwide existence, the launch said.

Medius Rolls Out Supplier Payment Company

Devote administration and eProcurement program company Medius has rolled out an conclusion-to-finish payment automation giving named Medius Spend, according to a Monday (April 26) announcement. “Many corporations have an understanding of the rewards of payment optimization but are confined by inner equipment and [organizational] bandwidth to successfully modernize payment processing,” Medius CEO For every Åkerberg said in the announcement.

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NEW PYMNTS Analyze: Membership COMMERCE CONVERSION INDEX – APRIL 2021

About The Examine: One 3rd of buyers who signed up for subscription expert services inside the past year were just in it for the free demo. In the 2021 Subscription Commerce Conversion Index, PYMNTS surveys 2,022 U.S. consumers and analyzes additional than 200 subscription commerce companies to zero in on the critical features that change the “subscription curious” into sticky, very long expression subscribers.