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Cash collection startup Upflow also wants to handle B2B payments

  • French startup Upflow, known for managing outstanding invoices, is shifting its strategy to become a B2B payment platform.
  • Upflow aims to address the outdated payment methods in B2B transactions, with 90% of B2B payments happening offline in the US.
  • The company offers accounts receivable automation software to midsized companies and is now expanding into the financial relationship management (FRM) space.
  • Upflow plans to introduce its own payment gateway, integrate financing options, and provide useful data for credit scoring to its users.

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