Billtrust Goes Private in $1.7B Deal; FinTechs Target Zombie Spend; Community Banks Get SMB Digital Lending Boost
 

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TODAY'S NEWS | OPINION | INDEXESTRACKERSPYMNTS LIVE

September 29, 2022

       BUSINESS-TO-BUSINESS EDITION

Voice of the CFO

Startup CFOs Must Balance Rapid Growth Against Short-Term Needs

SoSafe CFO Felix Fichtl tells PYMNTS about the many balancing acts required by his new role at the German cybersecurity startup: keeping the balance sheet healthy, while rapidly scaling in a challenging economic environment.

 

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FinTech

FinTechs Target ‘Zombie Spending’ That Eats 4% of Revenue

At a time when increased remote work is triggering a commensurate rise in remote employee spending, PYMNTS’ new report The Financial Performance Quandary: Leveraging Automation to Better Manage Non-Payroll Spending, shows the only thing greater than these widespread spend management concerns is the number of new companies that are looking to solve the problem.

 

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Digital Lending

Community Banks Get SMB Leg Up With FinTech Lending Platform

What can a New Zealand FinTech teach US banks about SMB lending? Ranqx CEO Dave Lewis tells Karen Webster, enough to help them make loan origination and decisioning based on their credit parameters a turnkey, profitable cornerstone to building their SMB business.

 

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Best Of Yesterday


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41% of Buyers Saw Late Fees on Vendor Payments Last Year


 

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