Bill.com provides a similar service for small businesses, who have lots of payments going back and forth.  This is a much bigger problem because if you don’t keep track of receivables, you can see your income siphoned away in the form of 0% interest loans to your customers.

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Recognizing the pains associated with running a business, companies like Square, Xero, Bill.com, Freshbooks, Expensify and ZenPayroll (disclosure: my company) are applying the principles of modern software to design and deliver beautiful solutions that make it easier to take care of these critical...

Bill.com - Every company and contractor we pay gets routed through Bill.com for two reasons. First, they pay by check and wire, making it easy for our vendors to be paid quickly. Second, they keep a copy of the original invoice so we always have a record of what each amount was for. Granted, it takes a little bit of time to get used to this and if you don’t use...

Founded in 2007, Bill.com claims to be the fastest growing payments network in the US, helping more than 275,000 users pay and get paid, managing more than 10 million bills, worth $12 billion, a year.

A chunk of the new money...

Bill.com today announced that it has closed $38 million in financing.The funds will be used for further investment in the Bill.com Banking Platform to support its rapidly growing banking channel; acceleration of the Bill.com Business Payments Network, which serves all of Bill.com’s subscribers and its partners; customer...

BILL.COM CLOSES $38 MILLION IN FINANCING LED BY SCALE VENTURE PARTNERS TO FURTHER ACCELERATE ITS BUSINESS PAYMENTS NETWORK

Momentum In Banking Industry Reflected in New Strategic Investments from Bank of America, American Express and Fifth Third Bank

Led by new investor Scale Venture Partners (ScaleVP), the...

Payment and cash management service Bill.com raised $38 million in a new round of funding that includes the backing of key finance industry investors. With this funding, company has raised $80 million to date.

The Palo Alto company led by CEO Rene Lacerte said that the round was led by Scale Venture Partners. Rory O'Driscoll, a partner at Scale, has...

Major financial institutions are among new investors in Bill.com , a company that makes apps that help businesses pay their bills, get paid faster online, and generally manage budgets and cash-flow effectively.

Scale Venture Partners led the $38 million Series E investment in Bill.com , joined by Bank of America , American Express , Fifth Third Bank...

Bill.com, a platform that connects payments and receivables and manages cash flow, has raised $38 million in an oversubscribed round led by new investor Scale Venture Partners.The round also included participation from Bank of America, American Express, Fifth Third Bank, CheckFree founder Pete Kight, and Commerce Ventures....

Bill.com, a cloud-based vendor delivering an integrated set of invoicing based workflow today announced it has secured another $38M in funding to take the total of venture funding it has raised thus far to $80M. The funding comes from previous backers August Capital, Napier Park Global Capital, TTV Capital, Jafco...