B2B PAYMENTSB2B Trade, Finance And Payments Drive VC Funding For FinTechs


The B2B venture capital boom continues this week with about $118 million in combined funding for a wide variety of FinTechs. Investors dug their heels into B2B trade, financing and payments solutions for small and medium-sized businesses (SMBs), with eCommerce-as-a-Service taking the top spot this week. Plus, more funding is on the way for a FinTech applying the buy now, pay later (BNPL) model to B2B transactions.


While the company did not disclose exactly how much it raised, Colombia's Treinta revealed it secured more than $500,000 for its bookkeeping and inventory management technology designed for small businesses across Latin America. The funding is a combination of friends-and-family investment, investment from Y Combinator and a previous round of $220,000 secured earlier this year, according to reports. The company said it will use the funding to expand its product offering to micro-businesses, with the potential to introduce a financing solution.


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