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Former Mollie and Klarna Executives Launch Biller, an Ai Powered Solution for Buy Now, Pay Later B2b Purchasing
Former Mollie and Klarna senior managers have developed Biller, an AI powered buy now, pay later invoicing solution to solve the problems of B2B purchasing. The product helps commerce leaders reduce risk, optimise cash flow and exceed buyers’ needs and expectations. The Biller team is co-building its company with Slimmer AI, a European AI B2B venture studio that recently spun-out regtech startup Sentinels.
The B2B commerce market is changing rapidly and according to Goldman Sachs B2B is the next untapped market opportunity for the payments industry. In Europe, online B2B commerce volume was 710 billion and growing at 18% CAGR.
Derek Vreeburg, co-founder and CEO of Biller explains why he is excited to launch Biller, “Current B2B invoice solutions have lacked innovation for years. With our experience at Klarna and Mollie we know how to transform complex processes into easy-to-use services. Combined with the AI expertise of Slimmer AI, we are confident that we can challenge the status quo and contribute to the next chapter in online B2B commerce”
Future proofing B2B invoicing
B2B commerce has grown rapidly, and sellers are struggling to keep up with and adapt to buyers’ expectations and needs. Traditional suppliers can neither provide an intuitive product for the desired check-out experience nor add flexibility to the invoice process.
Biller was founded to take away the challenges both buyers and sellers experience trying to fit traditional processes into an increasingly digital world. Realtime, AI powered credit and fraud checks, flexible payment terms, personalised debtor management and guaranteed payouts are all areas needed to future proof B2B invoicing and provide an improved experience for both sellers and buyers.
JC Heyneke, CEO Slimmer AI, “We are convinced that machine learning will reshape the way credit risk assessment in B2B is done, and that this is needed to evolve B2B ecommerce. We are thrilled to partner with Derek, Mick, and Uwe to build Biller!”
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Figure Partners with moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN)
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Lüt Announces Strategic Partnership with Safe Harbor to Expand Access to Compliant Closed-Loop Payments for Cannabis and Specialty Merchants
Lüt, a new financial ecosystem built for accessibility, reliability and growth with a first-of-its-kind closed-loop digital payments platform for cannabis and other high-risk industries, has announced its new partnership with leading financial services provider Safe Harbor to address one of the cannabis industry’s most persistent challenges: compliant and reliable payments. Through the collaboration, Lüt becomes a Safe Harbor Advantage Partner in closed-loop payment, expanding access to compliant, guaranteed-funds digital payments for cannabis and specialty merchants.
Figure Partners with moomoo and Keplr to Expand Global Access to the On-chain Public Equity Network (OPEN)
Figure is expanding investor access to the On-Chain Public Equity Network (OPEN) through new integrations with moomoo and Keplr, extending the distribution of blockchain-native public equities across both regulated brokerage platforms and self-custody wallets. OPEN allows companies to issue their equity native on blockchain and enables investors worldwide to invest in U.S. public equities while accessing decentralized finance (DeFi) for borrowing against and lending out stock.
OneDome Raises $25M Pre-Series C, Bringing Total Funding to $40M
OneDome, the UK-based housing and fintech platform, has raised $25 million in a Pre-Series C funding round, taking total funding raised to date to $40 million.
intelliflo and Söderberg & Partners Form Strategic Partnership to Drive Adviser Efficiency
intelliflo and Söderberg & Partners today announced a new strategic partnership designed to deliver greater efficiency, smarter workflows and an enhanced technology experience for financial advice firms.
Axiology Secures €5 Million Seed Funding to Accelerate the Modernisation of Europe’s Capital Markets
Uniting Europe’s capital markets by consolidating issuance, custody, trading, and settlement of securities into a regulated system built on DLT.
ComplyAdvantage Fintea Chats: Lucy Heavens on Compliance, Technology and the Future
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Chargebase Launches to Help Merchants Cut Chargebacks and Give Easy Access to Verifi and Ethoca Alerts
Chargebase, a new chargeback-prevention platform built for high-growth e-commerce and SaaS businesses, today announces its official launch. Designed to solve an expensive and existential problem for merchants – chargebacks – Chargebase gives companies instant access to Verifi and Ethoca alerts in a single, easy-to-use platform with automated workflows and transparent pricing.