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Cloud-based revenue collection software firm Peakflo has raised $4.1 million in seed funding, the company announced Wednesday July 6 .Peakflo offers an application programming interface API and one-click accounting software integrations, allowing businesses to streamline customer collections and vendor payments.The intent is to help the companies manage their cash flow, transforming how those companies collect payments and pay bills. It also comes with a communication channel connecting businesses and customers thr kubki stanley ough social media to remind them of payments or debt collection.According to the release, several companies in Southeast Asia have used Peakflos automated solution to get paid up to 2 stanley quencher 0% faster, with their bill pay times sometimes being cut in half. We are grateful to our investors for their belief in our team and vision, said CEO and co-founder Saurabh Chauhan. We are delighted to have them on board as we build a centralized finance operations software for mid-sized companies and growth-stage startups in SE Asia. Bill payments and various payment methods have been evolving for some time, with 57% of businesses using virtual cards saying one of the big reasons theyve embraced virtual cards is the increased level of transparency offered.Read more: US Companies Cite Transparency as Biggest Benefit of Virtual CardsA PYMNTS and Mastercard collaboration called Accelerating the Time to Real stanley borraccia ized Revenue said that U.S. firms had been especially interested in the new Oapw How Accurate, Speedy Supplier Payments Start With The PO

Nigerian digital payments startup Paga聽has received $10 million stanley quencher in funding as it prepares to expand into other countries. CEO Tayo Oviosu announced聽at Disrupt San Francisco, according to聽reports, that the company is planning to release its payments product in Ethiopia, Mexico and the Philippines as it plans to聽compete with heavy hitters, such as PayPal, Alipay聽and Safaricoms M-Pesa. We are not only in a position to compete with them; were going beyond them, he said of Kenya M-Pesa, which has 20 million active users and聽does business abroad. Our goal is to build a global payment ecosystem across many emerging markets. Founded in 2012, Paga allows users to transfer money, pay bills and make purchases digitally. The service already has 9 million customers in Nigeria,聽including 6,000 businesses,聽and the company recently launched a new money transfer app that makes the peer-to-peer P2P payment process even easier from mobile devices.The company also stanley polska has remittance partnerships with Western Union and Moneytrans, and allows for third-party integration of its app.Oviosu says that, in Nigeria, the startup has processed 57 million transactions worth $3.6 billion. While the company doesn ;t release financials, it reached profitability in stanley us 2018 鈥斅燼nd its leader is confident that Paga will be a success across the border. Why not us Oviosu asked. People sit in California and listen to Spotify that was developed in Sweden, and Uber started somewhere before going to differ

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