Today in B2B payments, HSBC announces a new platform for trade finance, while Paystand upgrades its Sage Intacct integration to boost cash velocity. Plus, ECI Software Solutions completes its acquisition of ES Tech Group, and Tiger Global looks to raise $6 billion to invest in...
Today in B2B payments, shipping is in the spotlight as service providers discuss their solutions to different aspects of this supply chain challenge. X Delivery CEO Mark Lavelle suggested businesses should think of shipping as a “deal closer,” while TradeLens reported it has brought together...
Small business financing FinTech Kapitus has increased its funding capacity by $95 million, bringing its total debt facilities to $360 million. This increase enables the company to expand its ability to fund small business growth, according to a Tuesday (Aug. 23) press release. “Kapitus helped...
Echos of the 2008 financial crisis rang through 2020 as the small- to medium-sized business (SMB) lending ecosystem once again warned of a pullback of large financial institutions (FIs) from the space. Main Street SMBs were (and still are) in desperate need of capital for...
June 18, 2024
Kapitus has closed a $45 million investment-grade corporate note financing and will use the proceeds to expand its financing options for small businesses. The company will both expand its portfolio of financing products and make further technology investments in its funding platform, Kapitus said in a Tuesday (June 18) press release. “Recent research continues to […]
