Expensify Touts Super App As Goal | Spend Management Startup Payhawk Lands $122M | Non-Recurring Business Payments Have 1-3 Chance of Being Late

24 Nov, 2021
Expensify Touts Super App As Goal; Spend Management Startup Payhawk Lands $122M; Non-Recurring Business Payments Have 1-3 Chance of Being Late



November 24, 2021


Late Payments

New Data: Non-Recurring Business Payments Have1-in-3 Chance of Being Late

Regardless of the reason that an “ad hoc” or infrequent vendor payment is made, there’s a good chance it’s going to arrive late. According to PYMNTS’ Fixing Small Business Payments report done in collaboration with Ingo Money, even when businesses offer discounts for early payments, the money is still frequently past due.



Instant Payments

81% of Payors Believe Instant Payments Are Essential for Improving Supplier Relationships 

Because microbusinesses expect the disbursements they receive to be instant and seamless, payors are catering to those needs. The Disbursements Satisfaction Playbook, a PYMNTS and Ingo Money collaboration, found that 81% of payors believe that instant payments are essential for improving supplier relationships.



B2B Payments

Mid-tier Banks Look to Stablecoins, Interoperability to Win Business of Large Customers

Banks’ interest in blockchain, stablecoins and instantaneous B2B payments has exploded in the last few weeks after the release of the President’s Working Group report. Tassat CEO Ron Totaro says that if smaller banks work together, they can use these tools to win the business of large players.




What’s Hot

B2B Spend Management Startup Payhawk Closes $112M Series B

Moneyhub Teams With Expense Once for Open Banking-Powered Credit Card Payment Reconciliation

MercadoLibre Customers in Brazil Getting Crypto Investment Access Through Digital Wallet

Fuelman-CarAdvise Partnership Improves Digital Fleet Maintenance

Expensify, Going Public, Touts Payments Super-App As Goal

Brazilian B2B BNPL Startup TruePay Grabs $32M in Series A Funding

Best Of Yesterday

Small Business Owners, FinTechs Back Federal Truth in Lending Bill

Business Payments Slower for US, Canadian Middle Market Suppliers Than Before COVID

46% of Firms Using ACH for More B2B Payments Amid Pandemic


Join Our Mailing List


Having trouble viewing this email? Please Click Here

This email was sent to you by PYMNTS.com. To ensure delivery to your inbox,
please add ops@pymnts.com to your address book.



This email was sent to TidyMails by PYMNTS.com

Instant removal with unsubscribe

PYMNTS.com | 111 Devonshire Street | Boston, MA | 02108

more from PYMNTS See All ›

discover Latest ›