OatFi & GigSafe Launch Early Pay for 1099 Contractors

GigSafe, the all-in-one workforce management platform for businesses that engage independent contractors, today announced a partnership with OatFi, the API-first fintech infrastructure company modernizing how B2B payments are made and received. Together, the companies are launching an Early Pay program designed to make immediate payouts to independent contractors while allowing businesses to extend payment terms. Through the partnership, businesses engaging 1099 workforces receive industry-standard payment terms while offering early payouts to contractors. GigSafe manages compliance,...

TransferMate Applies for Bahrain License to Expand Middle East Reach

TransferMate, the world’s leading provider of embedded B2B payments infrastructure as a service (IaaS), has today announced it has submitted its application for a representative office license in Bahrain as it accelerates its expansion across the Middle East. This means partners and their customers doing business in Bahrain will be able to access TransferMate’s full suite of services – including payments, receivables, and stored funds globally, subject to regulatory approval. This will simplify cross-border transactions, enhance cash flow visibility,...

Mangopay announces Sergi Herrero as new CEO

Mangopay, a modular and flexible payment infrastructure provider for platforms which was acquired by Advent International in 2022, announces the appointment of fintech industry leader Sergi Herrero as Chief Executive Officer. Sergi succeeds Romain Mazeries who is stepping down from his role. Throughout his career, Sergi has earned a strong reputation as a results-focused leader who brings both payments domain expertise and proven CEO capabilities. Sergi was previously the Global Director for Payments and Commerce Partnerships at...

Finance Leaders Struggling to Keep Pace with E-Commerce Surge

Two thirds (66%) of finance leaders say their team is unable to keep pace with the speed of e-commerce. That’s according to an investigative report by Hokodo in partnership with the B2B Ecommerce Association. B2B e-commerce is going through a fast-paced evolution – with the market set to total $2.641 trillion in 2024 – but Hokodo’s report has revealed that many finance functions aren’t future-proofed. Its pan-industry survey of finance leaders found that 17% of finance leaders feel that their finance...

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