Today in B2B payments, Sezzle discusses back-office automation. Plus, Kissflow explores cloud procurement, U.K.-based Tide plans to serve small- to medium-sized businesses (SMBs) in India, TravelPerk and Divvy are teaming to strengthen visibility into travel expenses, and NorthOne has eliminated non-sufficient funds and overdraft charges...
TravelPerk and Divvy are teaming to provide a corporate travel and expense management experience with a tie-up between the two firms. TravelPerk attains the status of Divvy’s main travel partner via the collaboration, according to a Tuesday (June 29) announcement. “By [recognizing] each other’s strengths...
Bill.com, which provides back-office software, has struck a deal to buy Divvy in a stock-and-cash transaction valued at about $2.5 billion. Utah-based Divvy’s platform puts expense-management software and smart corporate cards together. Headquartered in San Jose, California, Bill.com provides cloud-based software that automates back-office financial...
Expense management company Divvy is reportedly the target of a potential acquisition, according to Forbes. Bill.com, which serves small and medium-sized businesses (SMBs), is said to be the anticipated acquirer of Divvy, Forbes reported, citing two unnamed sources. The firms could potentially be intending to reveal...
December 26, 2018
Matchmaking businesses aren’t exactly a new idea — though the breathless enthusiasm of the tech press might lead one to mistakenly believe that the concept sprang into existence in 2009 with Uber. But in fact commerce intermediaries that bring groups of shareholders together to interact and transact are as old as commerce itself. As Karen […]
October 17, 2018
For much of the early 2010s, there was an emerging piece of conventional wisdom that millennials were on the verge of radically breaking from the behavior of their older siblings,...
August 13, 2021
Rent-to-own property technology firm Divvy Homes raised $200 million co-led by Tiger Global Management and Caffeinated Capital, giving the startup a valuation of $2 billion, Bloomberg reported on Friday (Aug. 13). Divvy Homes purchases residential properties on behalf of renters and assists them in becoming owners. Current backers and others also participated in the funding, […]
May 07, 2021
Bill.com, which provides back-office software, has struck a deal to buy Divvy in a stock-and-cash transaction valued at about $2.5 billion. Utah-based Divvy’s platform puts expense-management software and smart corporate...
January 05, 2021
Divvy, which offers a platform for tracking business expenses, has raised $165 million in a funding round that includes PayPal Ventures as a new investor. This funding round puts Divvy’s...
October 10, 2018
Homeownership startup Divvy announced that it has raised $30 million in equity and debt from Andreessen Horowitz, with participation from seed investors Caffeinated Capital, DFJ and PayPal Co-founder Max Levchin....
