NYC's Ivalua eProcurement deal scrutinized, Deem to close its expense platform, and Lighter Capital talks lending to startups
| | | | BUSINESS-TO-BUSINESS EDITION | | Newly Funded B2B Startups Tap The Power Of Data B2B startups this week raised a combined $388 million, with the industry's data focus on full display â from wielding Open Banking for API connectivity to using artificial intelligence for more efficient talent recruiting. However, the biggest round went to a firm with plans to launch a global money-transfer service for small businesses. |
| The Key To Open Banking? More Bank Participation Technology is one thing â but when it comes to Open Banking, culture also promises to play a major role in sparking innovation and new payment-related relationships. NovoPayment CEO Anabel Pérez talks with Karen Webster about the evolution of the Open Banking ecosystem, APIs as facilitators and what it will take to get FIs to fully participate. |
| | Alt Lending | | Looking Beyond Alternative Lenders For Startup Financing Financing a small business (SMB) can be risky, but when it comes to the smallest and youngest of the SMB spectrum, startups pose a particular challenge for lenders. Lighter Capital CEO BJ Lackland speaks with PYMNTS about the strategies for underwriting this borrower segment, from mixing loan products to using social media data during the underwriting process. |
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