Today in B2B payments, Afterpay CFO Laura Nadler discusses her digital-first strategy, and AvidXchange plans for an IPO. Plus, Billtrust files its first earnings report, Lufthansa offers a new payment program for corporate travelers, and BMO and Moneris team up on B2B payments.
Afterpay CFO Drives Operational Excellence Through Back-Office Modernization
Corporates’ Shifting Expectations Fuel Optimism For Billtrust’s First Earnings Report
This time last year, amid the sudden onset of the pandemic, accounts receivable technology company Billtrust had instituted a hiring freeze and clamped down on company spend. One year later, Founder and CEO Flint Lane delivered Billtrust’s first earnings call as a public entity, following last October’s announcement that the FinTech would become the latest in a long — and growing — line of firms pursuing a public listing via special purpose acquisition company (SPAC).
B2B Payments Firm AvidXchange Could Hit $7 Billion Valuation In IPO
Lufthansa Extends ‘Pay As You Fly’ Program To Subsidiaries
The Lufthansa Group is broadening its “Pay as You Fly” business travel program in order to make it available for its subsidiaries, Swiss, Austrian and Brussels Airlines, according to a post from aboutTravel on Monday (March 22). The “Pay as You Fly” program, a B2B offer aimed solely at business travelers, has been available at Lufthansa for years. According to the post, it was aimed at bigger customers but was not “worthwhile for them,” and so it is now being relaxed.
Moneris Collaborates With BMO For B2B Payments in Canada
Moneris Solutions Corporation has teamed with Bank of Montreal (BMO) to connect business customers in Canada with Moneris B2B Pay, an automated payment processing offering fueled by straight-through processing, according to an announcement on Monday (March 22). BMO Vice President of North American Corporate Cards Steve Pedersen said in the announcement that the pandemic has sped up the migration toward a completely digital payments process from non-automated, hardcopy-based workflows.
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