Today in B2B payments, Billd talks construction cash flow predictability, and Bill.com strikes an accounts receivable acquisition. Plus, Recur360 discusses the recurring billing model, Fuiou collaborates on B2B payments for China and Hong Kong, and Lili offers a premium service for freelancers.
Embracing a recurring billing model can be a lucrative shift for any business, but having the tools needed to accept repeat payments can be a friction-filled experience right from the start. Recur360 President and CEO Andrew Abrams explores the biggest pain points on the accounts receivable side of recurring B2B payments.
Fuiou Pay (Fuiou) rolled out an international corporate payment offering with the help of Visa and Nium. The debut comes as Fuiou and Visa had previously begun working together on corporate payments in Greater China, according to a Monday (July 19) announcement.
Lili, the banking app designed for freelance workers, announced on Monday (July 19) that it has released a premium service called Lili Pro. The company said that this new product — its first expansion since Lili’s 2020 launch — was created in response to the acceleration of the gig economy during COVID. “The new economy is here. And the new economy is freelance,” Lilac Bar David, CEO of Lili, said in a news release.
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