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The payments space is getting closer to really serving B2B

  • B2B payments is a massive field that still hasn't seen a single player make a huge mark.
  • That's changing as a new class of fintechs set their sights on the space.
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The payments space is getting closer to really serving B2B

Welcome back to Payments, our bi-weekly newsletter about all things payments — from blockchain to BNPL to B2B. It’s inspired by our payments coverage as well as the top stories from around the payments space. Subscribe here.

Platforms like Klarna and Affirm have raised the bar on B2C payments by offering a smooth checkout experience with modern payment options and flexible terms. The same can’t be said for B2B, where payment methods are outdated and most transactions are still done offline. Startups like Balance, Melio, and Resolve are mushrooming to modernize B2B checkout and offer a B2C-level payments experience. The digitization of B2B payments should be a space to watch over the coming months.

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