Saturday, September 24, 2022
HomeeCommerce NewsB2B payments enlarge to serve the market

B2B payments enlarge to serve the market

There are three famous B2B payments platforms. They are Omnibiz, CBC24, and Shoptreo. They are expanding, as per reports. The goal is to meet the demands of the market.

The market is swelling. The platforms feel that they need to increase their operational strength. The B2B payments system is also booming. Without expansion, they can go into loss.

BlueTape is a financing and payment startup. The startup recently raised $55 million. The goal of the startup is to provide financing services to companies. The startup also wants to provide payment services to these companies.

Omnibiz is a Nigerian e-commerce B2B firm. It recently raised $15 million. The money came in a pre-series A funding round. The firm wants to expand consistently.

This firm is active in many cities, including Ghana and Nigeria. The firm continues to serve 65,000 retailers. This is a huge number without a doubt. The firm aims to expand in Nigeria. Especially in places where there is no B2B platform.

CNC24 is a startup based out of Berlin. The startup recently raised $8.33 million. The money came in a Series A financing round. The firm aims to develop its B2B precision parts procurement platform.

It helps the firm source industrial components from a global network. It is a fully digitized procurement process. One of the investors said that CNC24 addresses a major bottleneck problem. Volatile markets with major supply chain risks have these problems. CNC24 fixes this side of the manufacturing industry.

Shoptreo is an online marketplace. It connects all the artisans with retailers and vendors. Shoptreo launched in November and served customers in many countries.

BlueTape recently raised $55 million to increase its workforce. It wants to increase the system of lending. In addition, the firm plans to work on new products.

This urge to expand shows that the economy is on the correct track. With the increasing news and debates on recession, this is comforting news. Let’s see how the firms and startups perform.

RELATED ARTICLES

Most Popular