Developers offer crypto and receipt management tools
Today in B2B payments, CryptoPayments is launching new solutions to help make and receive cryptocurrency payments, while Botkeeper is partnering with Expensify to streamline monthly receipt management. In addition, Ratio is securing $411 million to increase its buy now, pay later (BNPL) and financing platform.
Cryptocurrency-Fiat Gateway CryptoPayments Launches B2B, B2C Solutions
Estonia-based cryptocurrency-fiat gateway CryptoPayments has launched new solutions that enable businesses and individuals to make and receive payments in nine cryptocurrencies. The company said: “To achieve this, CryptoPayments aims to provide high-quality instant crypto and fiat payment services to individuals, businesses and corporations, along with the best tools to manage cryptocurrency transactions.”
Botkeeper, Expensify Partner to streamline receipt management
Automated business bookkeeping platform Botkeeper has partnered with expense management, invoicing and payment super app Expensify to streamline the administration of monthly receipts. Expensify’s head of partnerships, sales and product David Cardoza said: “Expensify partnered with Botkeeper to free up time for accountants and their clients.”
Ratio secures $411 million to grow BNPL, funding platform for SaaS firms
B2B FinTech company Ratio has emerged from stealth, announcing that it has secured $411 million to grow its buy-now, pay-later (BNPL) and financing platform for Subscription-as-a-Service (SaaS) and other recurring revenue businesses . Ratio’s co-founder and CEO Ashish Srimal said, “We created Ratio to revolutionize the way SaaS and technology companies price, get paid and fund their growth.”
Why Embedded Finance has the potential to reshape B2B payments
It is difficult to determine how much a digital transformation is worth – what the quantifiable opportunity really is when new business models develop. However, consultancy Bain & Company estimated this week that embedded finance – where financial services become part of the very fabric of companies’ consumer and business-facing offerings across all kinds of verticals – could be worth $7 trillion by 2026.
Trust Software Debuts B2B Checkout Platform ‘Market’
Marketing Payments FinTech Trust Software has rolled out a new B2B payments platform for the marketing ecosystem. Called Market, it will come with features including instant payouts, the ability to offer flexible payment terms, streamlined invoicing and payment-integrated invoicing programs. The platform will initially be available exclusively to TikTok marketing partners, but it will expand to other partner programs in the future.
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New PYMNTS study: How consumers use digital banks
A PYMNTS survey of 2,124 US consumers shows that while two-thirds of consumers have used FinTechs for some aspect of banking, only 9.3% call them their primary bank.
