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Small, Early-Stage Funding Rounds Dominate B2B FinTech

PYMNTS

But the largest venture capital funding round went to an accounts payable automation firm in the U.S. Wholesalebox said it will use the funds to expand operations into new markets and scale its technology infrastructure. Travel Expense Management. with an $18 million investment. Baoku Online. B2B Payments.

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Merger Combines Six T&E, AP Firms To Form Emburse

PYMNTS

Six corporate travel expense management and accounts payable (AP) solution providers are combining into a single company to form Emburse , according to a press release Thursday (Jan. Abacus, Captio, Certify, Chrome River, Nexonia and Tallie are merging together to integrate each other’s T&E and AP solutions.

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Amid Innovation And Disruption, Travel And T&E Strive Toward An Omnichannel Ideal

PYMNTS

As PYMNTS had previous covered, way back in 2017, cloud-based travel and expense report management solution Certify bought nuTravel in a deal designed to enable Certify to launch a new solution using nuTravel technology. That deal reflects larger and longstanding trends in travel in general, and T&E in particular.