Having invoices financed is one way to combat late B2B payments, but in Europe, one watchdog is raising concerns that new standards for default may see a dramatic rise in soured debts. A recent Bloomberg report said the EU Federation for the Factoring and Commercial...
Before the pandemic, late B2B payments put a cash flow crunch on countless small and medium-sized businesses around the world. Now, amid the coronavirus crisis, many of those SMBs are getting hit even harder as supply chain disruptions, sluggish business and shutdowns have created a...
As the data around the economic toll of the coronavirus pandemic rolls in, rallying cries from around the world are growing louder to support small businesses. Increasingly, those cries include calls to action for corporates to pay their small suppliers as more vendors struggle with...
Late payments are a threat to any business, but especially for smaller firms, longer days sales outstanding (DSO) timeframes can be a company killer. The risk of late payments has opened up conversations about how businesses can improve their collections practices and secure the cash...
July 05, 2022
The United Arab Emirates (UAE)-based ResTech startup Supy has raised $8 million in seed funding. The round was led by BECO Capital, with the participation of existing investors including Valia Ventures and Cotu Ventures. New investors who joined the round also included Global Ventures, AMK Investment Office and others. Supy said it plans to invest […]
December 07, 2017
Payment processing firm Worldpay is partnering with invoice and credit-based payments company Klarna, according to a Klarna press release published Wednesday (Dec. 6). Under the agreement, Worldpay’s customers can use...
