accounts payable
As spend management space heats up, Brex and Rho turn to AI startups to help power new products
The competition in the spend management space continues to intensify. Brex and Rho today each announced AI-powered/enabled accounts payables offerings. Their announcements coincidentally came out the same day competitor Ramp…
Ex-Better.com CFO raises $10.8M to build Glean AI, or ‘accounts payable with a brain’
Having held the positions of CFO at digital lenders OnDeck and Better.com, Howard Katzenberg experienced firsthand just what a lack of visibility into company spend could cost an organization. After…
Accounts payable automation startup Tipalti raises $270M, quadruples valuation to $8.3B
Tipalti, once a fintech unicorn, is now nearing decacorn status. The company, which automates accounts payables for mid-market companies, announced today that it has raised $270 million in a Series…
The company referred to the 60 days of interest-free financing as “a game-changer” for an industry where it typically takes over 100 days to get paid.
Square’s popular free invoicing software is becoming the company’s next big subscription service. The company is poised to announce a paid subscription offering called Invoices Plus, which will offer sellers…
Yaydoo secures $20M, aims to simplify B2B collections, payments
It’s no secret that the technology for easy business-to-business payments has not yet caught up to its peer-to-peer counterparts, but Yaydoo thinks it has the answer.
Homebrew backs Higo’s effort to become the ‘Venmo for B2B payments’ in LatAm
The B2B payments space has been on fire for a while, and the COVID-19 pandemic has only fueled mass adoption of digitizing finances. In regions like Latin America, the need…
Chargify launches a new payment management tool for subscription services
Chargify, the payment management service owned by Scaleworks, has launched a new tool for billing management. The new product is designed to remove limitations and allow payers to assign or…
Sourcery raised $5 million to help restaurants and food vendors deal with each other, and not lost receipts or invoices
Sourcery Technologies Inc. has raised $5 million in venture funding for software that helps restaurateurs and corporate kitchens order from vendors, keep track of their inventory and costs, and figure…