By now, the surge in FinTech competition and regulatory initiatives designed to spur innovation in the financial services market have made it clear: legacy banking often fails to live up to the rising expectations of small business customers. Michael Nuciforo, co-founder and CEO of Australia-based...
With more financial service providers positioning corporate cards in the market, interest in value-added functionality is on the rise. In addition to business users demanding functionality like automated spend data capture and expense management, the latest solutions to enter the business payments landscape often embrace...
Today in B2B payments, BNP Paribas launches a solution to enhance corporate transaction visibility, while Spence Labs launches a B2B payments solution for the legal cannabis market. Plus, Arch Insurance strengthens the payment experience of business travel insurance, Thrive plans a new small business banking...
Thrive is almost ready to launch a new small business banking account for Australian small- to mid-size businesses (SMBs), according to a report from AltFi, which will help make banking and accounting easier. CEO Michael Nuciforo described the service as a “CFO in your pocket.”...
January 07, 2024
Venture firm Thrive Capital is reportedly preparing to raise at least $3 billion amid a downturn in tech funding. The planned fundraising, the subject of a Sunday (Jan. 7) report by the Financial Times (FT), would make Thrive — a major investor in OpenAI — one of few large growth funds pitching investors for more money. Sources tell the FT […]
April 07, 2016
An online-only grocery store has expanded its potential base of health food shoppers. TechCrunch reports that, yesterday (April 6), Thrive Market launched a version of its app — previously only available...
January 06, 2016
“Whole Foods-type products at Costco-like prices.” That’s how Thrive Cofounder and Co-CEO Nick Green, speaking to Fortune, describes his company. Launching late in 2014, Thrive Market is an online-only retailer...
