Taulia secures $6 billion credit facility amid Greensill collapse, Prelude Software on hospitals’ B2B payments digitization, and MSTS changes its name to TreviPay
| | | | BUSINESS-TO-BUSINESS EDITION | | Data Progresses SMB Finance Beyond The Legacy Business Credit Score The business credit score can be a valuable tool for lenders and companies alike, but for the smallest and youngest of firms, traditional scoring methods don't suit an operation with such a short transactional history. Tillful Founder and CEO Ken So describes how the SMB finance ecosystem has evolved to unlock rich data and form credit profiles for new businesses ready to spur economic growth. |
| From Wedding Planning To Cannabis, B2B FinTech Funders Go Niche Once again, B2B FinTech investors are going after niche markets, with this week's funding targets including startups operating in the wedding planning, cannabis and entertainment production arena. In total, more than $186 million was raised, with a business finance company that uses firms' recurring revenues to widen access to capital leading the pack. |
| | Accounts Payable | | The B2B Payment Strategy To Stronger Hospital-Vendor Relationships Hospitals may be eager to digitize their supplier payment workflows, but complex systems with niche functionality create hurdles to an integrated B2B payment solution. Prelude Software discusses the importance of integration and payment method variety to drive value, for both the hospital and its supplier base. |
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