B2B sourcing platform BuyHive is working with 40Seas to provide financing to small businesses. The partnership, announced Tuesday (Feb. 28), will let small- to medium-sized business (SMB) buyers in the U.S., Canada and the U.K. get up to $1 million dollars’ worth of credit for...
40Seas has raised $111 million to grow its FinTech platform for cross-border trade financing. The firm emerged from stealth mode with the announcement of an $11 million seed funding round that is complemented by a $100 million credit facility for exporters and importers, 40Seas said...
June 17, 2024
40Seas has launched a Global Accounts Receivable platform that is powered by artificial intelligence (AI) and centralizes invoice data in a single dashboard. The platform can also help companies streamline the reconciliation process, collect payments and offer extended payment terms to their customers, the company said in a Monday (June 17) press release. “The launch of […]
February 28, 2023
B2B sourcing platform BuyHive is working with 40Seas to provide financing to small businesses. The partnership, announced Tuesday (Feb. 28), will let small- to medium-sized business (SMB) buyers in the...
January 10, 2023
40Seas has raised $111 million to grow its FinTech platform for cross-border trade financing. The firm emerged from stealth mode with the announcement of an $11 million seed funding round...