Venture capital (VC) is far from the only funding source for B2B FinTechs.
Bill.com’s initial public offer (IPO) on Thursday (Dec. 12) was largely hailed a success, reaching $22 per share – slightly above anticipated – resulting in about $216.1 million raised, Reuters reported.
At the same time, the New York Stock Exchange has submitted a proposal for a direct listing-style alternative to the IPO, while FinTech Uncapped recently spoke with PYMNTS about connecting small businesses to capital via revenue-based financing, described as a tool that sits somewhere between venture capital and a traditional bank loan.
Despite a growing array of options, venture capital remains a solid funding source for B2B FinTechs, with this week’s roundup accumulating $104.4 million in funding for the ecosystem, with more to come. PYMNTS looks at the latest VC rounds below.
Read more here: https://www.pymnts.com/news/b2b-payments/2019/alternative-smb-finance-leads-b2b-vc-roundup/