Trade credit has been around for decades and is less than efficient, with $3.1 trillion tied up in outstanding invoices. To grease the wheels of commerce, Fundbox and OroCommerce are joining forces to provide B2B credit through the two-sided platform model. Jason Smith, vice president of business...
B2B eCommerce software provider OroCommerce is integrating payments capabilities into its platform through a new collaboration with Limonetik. A press release issued Monday (June 11) revealed OroCommerce is turning to the cross-border payments FinTech to provide payment services for its corporate customers via API. The...
PayPal is strengthening its position within the B2B sphere thanks to a new partnership with B2B eCommerce platform OroCommerce. The companies announced their collaboration Tuesday (Mar. 7), an initiative that led to the development of a B2B payments solution integrated into Oro’s eMarketplace. The tool...
In the B2B realm, across industries and enterprises of all sizes, technology can be lacking. Some company stalwarts cling to paper as a way of doing everything from invoicing to payment. Yoav Kutner, founder and CEO of SaaS firm Oro Inc., explains to PYMNTS why...
June 25, 2019
Trade credit has been around for decades and is less than efficient, with $3.1 trillion tied up in outstanding invoices. To grease the wheels of commerce, Fundbox and OroCommerce are joining forces to provide B2B credit through the two-sided platform model. Jason Smith, vice president of business development and partnerships at Fundbox, tells PYMNTS that a data-driven, machine learning-enabled model makes all the difference between access to capital — and turns gridlock into growth.
