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KoinWorks gets USD 108 mln in Series C funding

News | Ecommerce | 14 Jan 2022

Indonesia-based fintech KoinWorks that offers investment and liabilities products has raised USD 108 million in a Series C round funding led by MDI Ventures.

SMEs, funding, marketplace, financial services, e-invoicing, ecommerce

Hydr develops proprietary invoice finance platform

News | E-invoicing, SCF & E-procurement | 13 Jan 2022

UK-based fintech Hydr has developed its proprietary invoice finance platform to integrate with more cloud accounting software providers including Sage and QuickBooks.

e-invoicing, product upgrade, fintech , SMEs, cash flow

FundThrough acquires BlueVine

News | E-invoicing, SCF & E-procurement | 13 Jan 2022

FundThrough, a financial technology platform that solves cash flow challenges for businesses through invoice payments, has acquired the invoice factoring business of financial technology company BlueVine.

startup, acquisition, artificial intelligence, e-invoicing, cash flow

xSuite updates Business Solutions Cube for invoicing and procurement 

News | E-invoicing, SCF & E-procurement | 10 Jan 2022

Germany-based SAP-integrated workflow suite xSuite has published the new Release 5.2.7 of the Business Solutions Cube with additional functions for artificial intelligence, S / 4HANA, and Fiori.

product upgrade, artificial intelligence, e-invoicing, e-procurement

Mobile wallet transactions in Egypt increase 160% to USD 14.7 bln

News | E-invoicing, SCF & E-procurement | 10 Jan 2022

The Financial Regulatory Authority (FRA) of Egypt has announced that mobile wallets accounts increased 27% to 25 million in 2021, with 227 million transactions.

digital wallet, mobile payments, data, financial inclusion, e-invoicing

Citi adds new capabilities to its bill payments platform

News | E-invoicing, SCF & E-procurement | 21 Dec 2021

Citi has added two capabilities to its digital bill payments platform, Citi Present and Pay, which helps institutional billing clients streamline transactions.

Request to Pay, product upgrade, digital payments, e-invoicing, ACH, banks

Taxdoo collect EUR 57 million in Series B financing round

News | Online & Mobile Banking | 20 Dec 2021

Germany-base automated financial compliance platform Taxdoo has raised EUR 57 million in a Series B financing round led by Tiger Global.

investment, ecommerce, e-invoicing, payment processing

Norway's Visma acquires Acubiz

News | E-invoicing, SCF & E-procurement | 17 Dec 2021

Norway-based Visma has acquired Danish expense management fintech Acubiz to boost growth in the enterprise market.

acquisition, spend management, e-invoicing, e-procurement

BearingPoint teams with SIX for payments and Request-To-Pay

News | E-invoicing, SCF & E-procurement | 16 Dec 2021

Netherlands based BearingPoint has partnered with fintech SIX to establish a fully digitalised solution for banks and invoice issuers for invoice issuing and payments processing.

partnership, product launch, e-invoicing, digital payments, Request to Pay, mobile payments

Citi's Present and Pay introduces account authentication and real-time payments

News | Online Payments | 14 Dec 2021

Global bank Citi’s Treasury and Trade Solutions (TTS) has announced the improvement of in-house payment platform Present and Pay by introducing real-time payments. 

Citi, payment processing, e-invoicing, online payments, mobile payments

Instant Factoring attracts new external financing of EUR 6.3 mln

News | E-invoicing, SCF & E-procurement | 14 Dec 2021

Instant Factoring, the Romanian fintech that provides microfinance to small companies, has concluded a new round of external financing of 6.3 million euros.

financing , SMEs, e-invoicing, SME lending

Tradeshift raises USD 200 mln

News | E-invoicing, SCF & E-procurement | 13 Dec 2021

B2B e-invoicing and accounts payable automation company Tradeshift has raised over USD 200 million in funding from existing and new investors.

cash flow, funding, e-invoicing, accounts payable

The First City Council in Australia signs up for e-invoicing

News | E-invoicing, SCF & E-procurement | 06 Dec 2021

Devonport City Council has joined the move to Peppol eInvoicing after signing a deal with Access Point Provider, Link4

e-invoicing, SMEs, digitalisation

BillingPlatform adds new capabilities

News | E-invoicing, SCF & E-procurement | 03 Dec 2021

BillingPlatform has added new capabilities to its Revenue Recognition solution.

product upgrade, risk management, e-invoicing

Yapily and Sprinque augment B2B payment experiences

News | E-invoicing, SCF & E-procurement | 03 Dec 2021

UK-based fintech Yapily has teamed up with Netherlands-based payment service provider Sprinque to enable business buyers to seamlessly settle invoices online.

Yapily, partnership, B2B payments, e-invoicing, checkout optimisation , investment

Incomlend to support Vensen International with invoice financing programme

News | E-invoicing, SCF & E-procurement | 02 Dec 2021

Global invoice financing marketplace Incomlend has announced a new invoice financing programme for Vensen International

e-invoicing, partnership

Saudia Arabia: Fines for not issuing e-invoices announced

News | E-invoicing, SCF & E-procurement | 29 Nov 2021

Saudi Arabia’s Zakat, Tax and Customs Authority has announced the key violations and fines imposed in the first phase of the e-invoicing scheme being rolled out from December 4th, 2021. 

e-invoicing, regulation

Connecting Up and Link4 to enable not-for-profits connect to Peppol eInvoicing

News | E-invoicing, SCF & E-procurement | 26 Nov 2021

Australia-based Access Point provider Link4 has partnered with Connecting Up to provide ERP integration and cloud accounting subscription discounts for nonprofits to connect to the Peppol eInvoicing network.

partnership, e-invoicing, fintech

Invoice financier Lenderwize raises EUR 100 mln

News | E-invoicing, SCF & E-procurement | 26 Nov 2021

Invoice financing marketplace for telecoms firms Lenderwize has raised EUR 100 million in debt funding for international expansion, according to AltFi.

e-invoicing, investment

JustOn Bank Payments enables direct data transfer between Salesforce and banks

News | E-invoicing, SCF & E-procurement | 25 Nov 2021

Germany-based automatic invoice processing platform JustOn Bank Payments has announced it is now available on the cloud marketplace Salesforce AppExchange. 

partnership, e-invoicing, SEPA Direct Debit, SMEs