Investors backed a range of B2B FinTechs this week operating in areas including accounting, cross-border payments, virtual cards, expense management, cybersecurity and more. In total, more than $68 million in venture capital was announced — but that’s not counting the $130 million round for one U.K. FinTech gearing up to launch small business banking services. Below, find the latest in B2B venture capital funding.
Back Office
With $1.8 million in seed funding, Back Office, based in Florida, plans to enhance the technology behind its small business accounting automation tool. The firm secured the funding from Active Capital, 500 Fintech, PlugNPlay Ventures and a range of angel investors, Back Office said in an announcement, adding that it plans to also use the investment to expand operations and introduce a range of add-on services like financing and bill payment for its SMB users.
Buckzy Payments
Also securing seed money this week is Buckzy Payments, a Canadian startup addressing friction in the cross-border payments space by linking payers to its own real-time international payments network. The company raised $1.75 million from…
