40seas news and trends

BuyHive and 40Seas Team to Offer B2B Financing
Partnerships // February 28, 2023

B2B sourcing platform BuyHive is working with 40Seas to provide financing to small businesses. The partnership, announced Tuesday (Feb. 28), will let small- to medium-sized business (SMB) buyers in the U.S., Canada and the U.K. get up to $1 million dollars’ worth of credit for...

40Seas Raises $111M to Grow Cross-Border Trade Financing Platform
Investments // January 10, 2023

40Seas has raised $111 million to grow its FinTech platform for cross-border trade financing. The firm emerged from stealth mode with the announcement of an $11 million seed funding round that is complemented by a $100 million credit facility for exporters and importers, 40Seas said...

Quick Reads
40Seas Launches AI-Powered Global Accounts Receivable Platform

June 17, 2024
40Seas has launched a Global Accounts Receivable platform that is powered by artificial intelligence (AI) and centralizes invoice data in a single dashboard. The platform can also help companies streamline the reconciliation process, collect payments and offer extended payment terms to their customers, the company said in a Monday (June 17) press release. “The launch of […]

BuyHive and 40Seas Team to Offer B2B Financing

February 28, 2023
B2B sourcing platform BuyHive is working with 40Seas to provide financing to small businesses. The partnership, announced Tuesday (Feb. 28), will let small- to medium-sized business (SMB) buyers in the...

40Seas Raises $111M to Grow Cross-Border Trade Financing Platform

January 10, 2023
40Seas has raised $111 million to grow its FinTech platform for cross-border trade financing. The firm emerged from stealth mode with the announcement of an $11 million seed funding round...