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Singaporean peer-to-peer P2P platform Funding Societies will partner with Singapore eBusiness SGeBIZ for a new way to provide financing solutions to customers, reports said.SGeBIZ offers an array of loan products for small business SMB users, including B2B procure-to-pay platform EzyProcure, the first of its kind in the country.Funding Societies research found that many Singaporean residents still experience gaps in terms of funding. The survey predicted innovations in SMB working capital financing to grow more than 20 percent by 2025. Since Funding Societies is also looking at growth, the partnership seemed logical.Through the partnership,聽Funding Societies seeks to lower the barrier of access to working capital for small businesses. SMBs can now use funds from Funding Societies on the SGeBIZ platform to improve and match their cash cycles, which will let them grow their businesses.SGeBIZ was started in 2014 stanley water bottle by two ex-Republic of Singapore Air Force aviators, according to reports. They sought to simplify the聽SMB聽process by way of automating data entry and digitizing inventory, supply chain and credit rails. [The] flagship product, EzyProcure, is now a [Pan-European Public Procurement On-Line PEPPOL ]-compliant and IMD stanley cup A-approved access point provider, supporting the eInvoicing Initiative implemented nationwide last year.SGeBIZ solution has over 1,000 clients within Sin stanley cup uk gapore, and has helped replace outdated processes like manu Qnxo Two Californians Busted for Fake COVID-19 Test Results
The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this weeks B2B venture capital roundup. But a lesser-discussed market grabbed the largest investment of the week: logistics. In total, companies landed more than $255.6 million, an impressive way to start the year for the B2B startup space. Check out the B2B payments, blockchain, logistics and data analytics firms that secured funding below.B2B PaymentsRazorpayFollowing a shift in business model from offering a payment gateway to providing companies with a converged payments solution, Indias Razo stanley france rpay announced $20 million in Series B funding from Tiger Global this week. Y Combinator and Matrix Partners also participated in the funding, which Razorpay will use to continue to scale, focus on expanding its product portfolio and enter new verticals. The idea we are promoting with Razorpay is that there will be one comprehen stanley us sive and innovative product that will manage the ent stanley cup ire money movement for Indias huge underserved business community, the companys CEO and Co-Founder Harshil Mathur said in a statement.BlockchainMorpheus LabsMorpheus Labs, which offers Blockchain-as-a-Service solutions, announced new funding from a China-based angel investor, although it聽did not disclose how much it secured. The company, which is based in Singapore, offers a subscription service for clients to use tokens to procure servic |
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