Billhop enables businesses to pay supplier invoices using existing cards, regardless of the suppliers’ payment stack – tapping into $120 trillion B2B payments market, which lacks low-friction options compared to B2C
Creates opportunities for increased capital efficiencies, creating win-wins for all buyers, sellers, and their payment providers
New funding will be used for hiring, customer acquisition, and geographical expansion
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Leading pan-African fintech enablement partner, Ukheshe Technologies, has significantly improved its Broad-Based Black Economic Empowerment (B-BBEE) performance, becoming one of the only South African fintech enablers to achieve a Level One B-BBEE Contributor certification.
As one of the first fintechs to attain a Level One score, Ukheshe joins a select handful of companies in the financial services sector to achieve South Africa’s highest transformation rating.
Financing accelerates the company’s expansion to modernise accounting for the private capital industry
TrueLayer, Europe’s leading open banking platform, today announces its expansion into Sweden with the appointment of former Adyen executive Karl Hagner as its Country Manager. A highly experienced commercial manager, with a focus on payments in ecommerce, Stockholm-based Karl will define and manage commercial strategy in the country, alongside TrueLayer’s Chief Revenue Officer Max Emilson.
In 2020, customers began relying on digital-first experiences to make remote banking fast, secure, and painless. Previously loyal customers lost patience over lengthy phone calls and complicated paperwork. In response, innovative competitors rushed in with technologies that made customers’ lives easier.
As a result, traditional banking, wealth management, and capital market companies failing to modernize risk more than just their time; they virtually guarantee losing customers, revenue, and reputation.
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The partnership will enable FINCI to provide quicker and more cost-effective pay-outs to key markets in Europe and APAC
Back in 2017, we started tinkering with cryptocurrency. We set up accounts on several exchanges and began using a bunch of wallets. While exchanges and wallets have made it reasonably easy to buy, hold, and transact with crypto securely, it was difficult to understand what our portfolios looked like, and nearly impossible to comply with tax rules. We attempted to use spreadsheets and tried all the software out there; but to our frustration, they were cryptic, took hours to set up & maintain, or simply didn’t work at all.
● Sonovate marks record funding month in December, capping a record-breaking year
● 30,000 people in over 40 countries now paid by businesses receiving Sonovate’s finance and technology services
● Growth attributed to faster adoption by recruitment, labour marketplaces, and consultancy customers