WEX results showed double digit percentage gains across fleet, travel and corporate segments. Management said on the call that tailwinds come from a continued embrace of digital payments, and a shift away from payments rendered by paper checks.
Though funding for the B2B FinTech market appears to be in a summer slumber, this week's roundup shows a clear winner: Southeast Asia's alternative SMB finance market. India and Singapore FinTechs scored big with their solutions designed to expand access to capital for underbanked small businesses. Here's a look at how more than $75 million in funding landed.
Providing a consumer-like experience seems to be the gold standard for B2B service providers, but in corporate travel and expense management, Lola.com CEO Mike Volpe says organizations can't settle for consumer travel platforms. He tells PYMNTS about the pitfalls of failing to balance a positive end-user experience with the unique needs a business has when booking and paying for employee trips.