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B2B marketplaces will be the next billion-dollar e-commerce startups

TechCrunch

Startups involved in B2B e-commerce such as Faire and Mirakl have burst out of the gates in 2020. The B2B e-commerce industry has broad reach, encompassing everything from commerce infrastructure and payments technology to procurement and supply-chain solutions. Even before the pandemic, B2B marketplaces were expected to generate $3.6

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Paystand banks $50M to make B2B payments cashless and with no fees

TechCrunch

The Scotts Valley, California-based company is using cloud technology and the Ethereum blockchain as the engine for its Paystand Bank Network that enables business-to-business payments with zero fees. The company is seeing a 200% increase in monthly network payment value and customers grew two-fold in the past year.

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Yaydoo secures $20M, aims to simplify B2B collections, payments

TechCrunch

The Mexico City-based B2B software and payments company provides three products, VendorPlace , P-Card and PorCobrar , for managing cash flow, optimizing access to smart liquidity, and connecting small, midsize and large businesses to an ecosystem of digital tools. All B2B startups are in the payments business. Image Credits: Yaydoo.

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Egyptian B2B e-commerce platform Cartona raises $12M to scale and explore new verticals

TechCrunch

Cartona’s platform allows buyers to order inventory from a network of curated sellers via an app that provides a communication tool for promotions and a dashboard for market insights. Providing loans, working capital, or BNPL to micro and small businesses is the sweet spot of B2B e-commerce and retail marketplaces in Africa.

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MaxAB, an Egyptian B2B e-commerce platform for food and grocery supplies, nabs $40M

TechCrunch

Last year, MaxAB , the food and grocery B2B e-commerce and distribution platform serving a network of traditional retailers across Egypt and Morocco, raised its $55 million Series A in two tranches ; the latter accompanied its acquisition of the Morocco-based and YC-backed WaysToCap. For MaxAB, that’s its sweet spot.

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Bielefeld survey highlights an emerging B2B, crypto, deep tech ecosystem

TechCrunch

Our survey respondents pointed out that the region is strong in sectors such as B2B because of the many old-school B2B companies in the manufacturing area. We are most excited by the adoption of Bitcoin as a financial asset by corporates and institutions as well as the ongoing network effect and adoption by the masses.

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Coho AI, which uses AI to help B2B SaaS companies boost revenue, raises $8.5M

TechCrunch

.” Coho AI’s target audience is sales, customer success and product teams within business-to-business (B2B) SaaS companies. “By doing so, we are creating a network effect that each of our customers gets the benefits of a larger data set, which results in a more accurate model,” he added.

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