KEO World (KEO), a leading B2B digital payments and inventory financing fintech, is expanding its core solution, Workeo, to Canada with the help of Amex Business Link™, a B2B payments infrastructure. KEO’s Workeo solution provides digital lines of credit in multi-currency and for cross-border payments, and through the Amex Business Link capabilities, buyers and suppliers can now automate payment tasks, including defining invoice payment terms and conditions, managing invoice approvals, and the reporting and reconciliation processes.
The expansion will leverage KEO’s embedded payments and lending infrastructure known as KEO Rails™, which automates the clearing of B2B transactions and provides access to working capital. These capabilities can help businesses increase payment efficiency and drive growth, and it provides access to more digital payment options.
“We’re thrilled to expand our Workeo solution to Canada and to launch KEO Rails, our B2B payments technology, in collaboration with Amex Business Link. This expansion represents our commitment to providing innovative solutions to a global audience and our dedication to revolutionizing the way businesses conduct B2B transactions,” said Paolo Fidanza, CEO and Founder of KEO World.
“Through Amex Business Link™, KEO brings a new working capital and cash management program to Canada,” said René Centeno, American Express, Supply Chain Solutions Global Head. “With this announcement, we look forward to helping business payments in Canada become more seamless through automation.”
“We have built a game-changing settlement platform that will provide value to the Canadian B2B payments landscape. We look forward to the exciting journey ahead as we continue to innovate,” said Farid Shidfar, Chief Innovation Officer and Co-Founder of KEO World.
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