Ironically, as the global economy has gotten stronger, payment cycles between buyers and suppliers have gotten longer. What was once an average of about 45 days from invoice to payment has increased to, on average, 66 days in the U.K. For many small and medium-sized businesses (SMBs) in this...
B2B FinTech enjoyed one of its busiest and most lucrative weeks this year so far. In addition to acquisitions — like Barclays’ minority stake in MarketInvoice and Certify’s takeover of Abacus — venture capitalists pumped new funding into the field, with many rounds reaching nine...
In the latest move of a traditional lender collaborating with the alternative finance industry, NatWest, a financial institution (FI) based in the U.K., announced a deal with MarketInvoice to link its corporate clients to invoice financing solutions. Reports in International Finance on Wednesday (April 11)...
Two European banks will funnel a combined $191 million in business loans through the U.K. marketplace loan platform MarketInvoice, according to Reuters reports on Monday (March 26). Portugal’s Banco BNI Europa and Germany’s Varengold Bank AG will provide the trade financing via MarketInvoice’s portal. According...
August 06, 2018
Ironically, as the global economy has gotten stronger, payment cycles between buyers and suppliers have gotten longer. What was once an average of about 45 days from invoice to payment has increased to, on average, 66 days in the U.K. For many small and medium-sized businesses (SMBs) in this market, buyers with big brands stretch those cycles even further, […]
