As mentioned last week, fintech investment has completely exploded and in our research, we found what is likely a serious driver of that investment. Strategic Treasurer just released its 2021 B2B Payments Survey of 300 corporate and bank executives that reported some interesting shifts in their payment improvement priorities.
Really like the angle here - we're seeing more and more how businesses are expecting their bank to integrate tightly with their other business systems to help further automate and remove data silos within A/P & A/R processes. This is exactly what the neobanks and fintechs are doing right; building platforms that allow all of a businesses financial tools to all talk with one another, creating that seamless ecosystem effect.
Super excited for the following issues where we'll see a deepdive of the fintechs out there doing exactly this particularly in the B2B payments space.