Factor news and trends

Today in B2B: Sokowatch Rebrands as Wasoko as it Expands Across Africa; VertoFX Adds 12...
B2B Payments // March 17, 2022

Today in B2B payments, almost half of firms are automating their accounts payable processes as digital solutions provide business-changing information. Plus, meal delivery service Factor launches the Factors for Teams B2B program and SaaS startup Clear adds supply chain technology platform Xpedize. 48% of Firms...

Meal Delivery Service Factor Launches B2B Program
B2B Payments // March 16, 2022

Ready-to-eat meal delivery service Factor is rolling out a new option for B2B deliveries for companies to provide meals to employees, the company announced Tuesday (March 15). According to the release, the offering, called Factors for Teams, will let businesses choose either a one-time bulk...

Forget the ‘Final Mile’, Digitization Brings Efficiencies to Supply Chain’s ‘First Mile’
B2B Payments // December 22, 2021

Supply chain has certainly been in the forefront lately. One part of that chain is what Factor calls the “first mile” — the processes that move something from theoretical design to physical product. This includes sourcing, scheduling, following up on order status, enforcing order terms...

Google-Backed Factor Raises $6M in Seed Funding
Investments // December 13, 2021

Supply chain payments and order management platform Factor has raised $6 million in seed funding with the help of Google’s Gradient Ventures fund. Factor announced the funding Monday (Dec. 13), saying it would use the money build out its new just-in-time inventory financing tool and...