Introduction

Fintech is one of the fastest-growing industries in the world. The B2B segment is particularly attractive for investors.  According to a report by KPMG, global investment in fintech reached $111.8 billion in 2018. The B2B fintech startups raised over $39 billion in the same year. In this blog, we will look at five B2B fintech startups that are currently raising funds.

1. Brex

Brex is a B2B fintech startup that provides corporate credit cards to startups and small businesses. Brex was founded in 2017 by two Brazilian entrepreneurs, Henrique Dubugras and Pedro Franceschi. The company’s credit card offering is aimed at startups and small businesses. These startups have difficulty obtaining credit from traditional banks. Brex provides these businesses with credit cards that have higher limits. To add to this, they are easier to obtain than traditional credit cards. The company’s credit cards also come with a range of benefits. Some of the benefits include discounts on software and travel.

Brex has raised a total of $1.2 billion in funding.  The most recent funding round in 2021 was $425 million. The company is currently valued at $7.4 billion. This makes it one of the most valuable fintech startups in the world.

2. Plaid

Plaid is a B2B fintech startup. It provides a platform for connecting bank accounts with third-party apps and services. The company was founded in 2013 by William Hockey and Zach Perret. Plaid’s platform allows third-party apps and services to access data from bank accounts. The data points include transaction history and balance information. The company’s platform is used by a wide range of fintech companies, including Acorns, Betterment, and Venmo.

Plaid has raised a total of $745 million in funding. Its most recent funding round in 2021 raised $425 million. The company is currently valued at $13.4 billion. This makes it one of the most valuable fintech startups in the world.

3. Tipalti

Tipalti is a B2B fintech startup that provides a platform for automating accounts payable processes. The company was founded in 2010 by Chen Amit and Oren Zeev. Tipalti’s platform allows businesses to automate their accounts payable processes. It automates invoice processing and payment reconciliation. The company’s platform is aimed at mid-sized businesses that may have complex accounts payable processes.

Tipalti has raised a total of $481 million in funding. It’s most recent funding round is $150 million in 2021. The company is currently valued at $2 billion.

4. Carta

Carta is a B2B fintech startup. It provides equity management software for private companies. The company was founded in 2012 by Henry Ward and Manu Kumar. Carta’s software allows private companies to manage their equity. It helps businesses manage stock options and equity grants, on a single platform. The company’s software is aimed at startups and private companies that may have complex equity structures.

Carta has raised a total of $944 million in funding. Its most recent funding round in 2021 raised $500 million. The company is currently valued at $7.4 billion.

5. Pipe

The pipe is a B2B fintech startup that provides a platform for buying and selling recurring revenue streams. The company was founded in 2019 by Harry Hurst and Josh Mangel. Pipe’s platform allows businesses to sell their recurring revenue streams. Some successful use cases include subscription revenue, for a lump sum. The company’s platform is aimed at businesses that may have difficulty obtaining traditional financing.

The pipe has raised a total of $316 million in funding, with its most recent funding round in 2021 raising $250 million.

To conclude, the Consumer products space in Fintech has become a slightly cluttered space.
However, #Fintech founders who innovate in the B2B Fintech space have a lot to uncover.
In fact, even the ecosystem for B2B Fintech is currently naive. 

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