While consumers are shifting more and more towards digital payment methods, the B2B payments sphere is lagging behind dramatically. Many business owners don’t realize the true cost and security risks associated with cheque payments. Here's what you should know about cheque processing.
Despite the difficult economic situation following the COVID-19 pandemic and an overall decline in Venture Capital investment, the Victoria-based Fintech start-up oversubscribed the round to a total of $500,000 co-led by Sprout Fund, WUTIF Capital, E-Fund, Hello Ventures and Local Angels.
The pandemic has forced businesses to rethink the way they operate. For many organizations, it sparked a conversation on digitization, with payments being one of the most critical aspects to keep operations up and running.