Nigerian startup Breeze has partnered with U.K.-based supply chain finance company Finverity to accelerate its mission of providing small to medium-sized businesses (SMBs) in Africa with access to trade finance. The startup has been selected for Finverity’s Emerging Leaders Programme, which aims to nurture the...
Trade finance’s digital transformation has exploded through the past few years, and it will accelerate in the years ahead. “Treasury is the next frontier in digital payments,” Alan Koenigsberg, senior vice president and global head of treasury and working capital solutions at Visa said during...
When it comes to corporate procurement, managing tail spending — smaller purchases that make up the bulk of transactions but only account for a small fraction of a company’s total expenditure — can be notoriously hard to keep a tab on, especially for large enterprises....
For freight, logistics, for the middle mile all the way through to the last mile, we might say there are two epochs — BP and AP — before pandemic and after pandemic. Freightos CEO Zvi Schreiber told Karen Webster in an interview that before...
In a bid to ease ingredient shortages, multinational food and beverage giant PepsiCo said it is planning to automate and digitize more of its supply chain data in hopes of boosting efficiency and garnering other time-saving insights. In joint prepared remarks Wednesday (Oct. 12) accompanying...
Africa’s startup ecosystem raised nearly $5 billion in venture capital (VC) funding last year, twice as much as in 2020. For Zekarias Amsalu, founder and CEO at investment advisory firm IBEX Frontier, that growing attractiveness can be attributed to an awakening in the international investor...
Procurement analytics platform Sievo has raised $44 million in growth investment and will use it to accelerate the growth of the platform in U.S. and global markets. Sievo provides spend management software and other services to help businesses create a procurement information hub, analyze data...
As inflation rises across all links of the supply chain, restaurants are challenged to contend with ever-rising costs for ingredients and supplies. By the Numbers Research from PYMNTS’ study PYMNTS study “Main Street Health Q3 2022: SMBs Battle Inflation,” which draws from a July survey...
The pandemic changed everything, but it remains true that success happens when two minds come together and create innovation. Clearly, eCommerce firms are looking to expand their businesses across borders in a turbulent world. Geopolitical tensions, including the ongoing war in Ukraine, create supply chain...
