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Atlanta Business Chronicle
April 2015 - Atlanta Business Chronicle

PrimeRevenue rings up $80M in funding, plans to add 100 jobs

Atlanta-based PrimeRevenue Inc. has raised $80 million in a financing round led by private equity firm BBH Capital Partners. The supply chain finance firm plans to add about 100 jobs in the next several months.Created in 2003, PrimeRevenue enables suppliers of global Fortune 1000 companies, such as Volvo, Lowe’s Companies Inc. (NYSE: LOW) and Whirlpool Corp. (NYSE: WHR), to get paid faster, freeing up cash flow to make payroll and invest back into the business.Suppliers typically get paid more than 60 days and in some industries it’s not unusual for it to be 180 days, PrimeRevenue CEO Paul Bain said.

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Fintech companies
February 2015 - Medium

The unbuilding of commercial banks

In this compelling article, Tanay Jaipuria takes a look at how technology is impacting commercial banking by increasing access to information and allowing businesses to make better decisions, offering a better end-user experience and lowering transaction fees. He highlights ways fintech startups are disrupting the commercial banking industry by focusing on specific activities associated with a bank and trying to perform them better.

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Multibank supply chain finance
December 2014 - SupplyChain Digital

Strengthening with multibank supply chain finance solutions

As capital markets have become a less reliable source of financing, supply chain finance is now seen as a strategic component of a company’s working capital management kit with many corporations using this solution to de-risk their supply chains and realize working capital improvements. Furthermore, globalization and the increased complexity of supply chains has created the need for bank agnostic platforms which are not limited in terms of jurisdictions, currencies, and credit capacity. Multinational coporations (e.g. Whirlpool, Volvo, KPN) are already using supplier finance solutions. These successful programs are based on multibanking platforms which provide several key benefits.

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Obama administration launches supply chain finance.
December 2014 - Trade& Forfaiting Review

Obama administration launched supply chain finance programme – inspired by the UK

Having seen the success of UK Prime Minister David Cameron’s supply chain finance initiative in 2012, the Obama administration launched its own equivalent on July 11 2014 known as SupplierPay. Supplier finance programme provider PrimeRevenue is working closely with the White House to provide a platform for everyone to actually deliver on the pledge. “We were invited to support the SupplierPay initiative with our global platform and solution to allow corporates to deploy such financing programmes on a large scale, ” said Oliver Belin, a member of the leadership team at PrimeRevenue in an interview with TFR, after having returned from a meeting in Washington with White House officials and US corporates on November 17 2014 to support the announcement of the initiative’s expansion.

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Latest Press Releases

  • April 2015

    Atlanta, GA, April 14, 2015 – PrimeRevenue, Inc., the global leader in SaaS-based working......Read More

  • March 2015

    Atlanta, GA, March 25, 2015: PrimeRevenue, Inc., the global leader in working capital finance,......Read More

  • March 2015

    Atlanta, GA, March 18, 2015 – PrimeRevenue, Inc., the global leader in financial supply......Read More

  • March 2015

    Atlanta, GA, March 16, 2015 – PrimeRevenue Inc., the global leader in financial supply......Read More

  • March 2015

    Atlanta, GA, March 3, 2015 – Oliver Belin, Vice President, Receivables Finance at PrimeRevenue,......Read More

  • February 2015

    Atlanta, GA, February 24, 2015 – PrimeRevenue, Inc., the global leader in financial supply......Read More

  • February 2015

    Atlanta, GA, February 10, 2015: PrimeRevenue Inc., the global leader in financial supply chains,......Read More

  • February 2015

    Atlanta, GA, February 3, 2015- PrimeRevenue, Inc., the global leader in financial supply chains, announces......Read More

  • January 2015

    Atlanta, GA, January 28, 2015- PrimeRevenue, Inc., the global leader in supplier financing, was......Read More

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