Today in B2B payments, BlueSnap gets a license to help Israeli companies with finances while Australian site Price My Car partners with Nodifi to offer finance solutions. Plus, Mastercard and Enterprise Nation team up on a small business support app and B2B gambling group Aspire focuses on its merger with NeoGames.
Mastercard, Enterprise Nation Launch SMB Support App
Mastercard is collaborating with Enterprise Nation to launch an app aimed at helping micro and small enterprises (MSEs) get tools and other support from their phones.
The Enterprise Nation: Make a Plan app was developed as part of the Strive UK program, which is a program from the Mastercard Center for Inclusive Growth, which works with MSEs throughout the U.K. The companies said more than 10% of the U.K.’s working-age adults plan to launch a business in the next three months — the equivalent of about three million people searching for early-stage business support.
Research from Enterprise Nation also found that 70% of early-stage businesses want advice on how to build and improve their cash flow plan, and 55% of more mature growing businesses are looking to set up a financial reporting routine.
BlueSnap Gets License To Keep Helping Israeli Companies With Finances
Following a two-year process and a comprehensive review, BlueSnap has received a license from Israel’s Capital Market, Insurance and Savings Authority to provide financial asset services.
BlueSnap, which works in global payments and provides advanced payment and clearing services, helps companies get paid through online and mobile sales channels, as well as invoices, subscriptions and other methods. Having operated in Israel for 20 years, the company can continue supporting Israeli companies and startups looking for global payment and clearing services.
B2B Gambling Group Aspire Heads Into NeoGames Merger on Strong Q1 Report
After reporting strong business momentum in the first quarter of 2022, international B2B gambling group Aspire Global said it is ready to move on to a merger with NeoGames, a provider of iLottery solutions.
The company saw an increase in Q1 revenue of 31.7% to just over $49 million, and saw a rise in EBITDA of 18.7%. The update comes at the end of Aspire’s second quarter solely focused on B2B business, after it divested its B2C units to Esports Technologies in October.
Aspire was then able to secure growth from various European and North American markets, and has received a license for its full offering in the Netherlands. It is also making a deal between its BtoBet brand and BoyleSports in that country.
Price My Car, Nodifi Partner on Finance Solutions for Car Buying
Price My Car, an Australian online sales site, has partnered with the FinTech Nodifi to offer more comprehensive finance solutions.
Price My Car said it has over 900 dealer partners and over 300,000 users, and the partnership will bolster Price My Car’s approach to giving consumers the car buying information they need, including price, delivery time and financing options.
The founder of Price My Car, David Lye, said the partnership was important to help simplify the car buying experience. Additionally, Nodifi said the partnership is a way for the company to continue providing tailored solutions beyond its loan origination platform.
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