The year 2019 is set to be the year B2B FinTech witnesses a strong resurgence. With a strong 2018, better business models and the ever-increasing interest shown by investors, it is evident that FinTech players in the B2B space are finally seeing the light at the end of the tunnel. Even though B2C companies were everybody’s darling traditionally, the emergence of new technologies, changing regulatory scenario, and other factors are playing an important role in the surge of B2B FinTech funding globally.
Against this background, the growth of FinTech funding for companies in the B2B space is experiencing an upward trend, seeming unstoppable with the latest analyses finding enterprise financial services & integration, online financial services, enterprise financial software, and Software-as-a-Service (SaaS) risk management as some of the hottest spots for investors this year.
Contextualizing the B2B FinTech Space
Let us contextualize this discussion on B2B FinTech by first defining its scope and range with respect to the focus of this story. In this context, B2B FinTechs are companies that build and provide tech solutions for SMEs and corporates which help them automate both internal and external-facing processes, thereby enabling them to enhance their operational efficiency and reduce overhead...