Zimpler to Launch New B2B Payment Solution in Partnership with Briqpay

​Zimpler, one of Swedens fastest growing fintech companies and offers several payment solutions across multiple segments in Europe, has annouced the launch of an all-new B2B payment product to bring open banking and instant payments to businesses and consumers.

The new B2B payment solution was developed in close partnership with B2B payment platform Briqpay, which is a response to the need for innovation in business transactions.

As detailed in the official press release, B2B payments simplify the tedious procedures of traditional methods, replacing invoices, credit cards, and checks with instant transactions. The payments are connected directly to the company bank account. The seller can initiate real-time purchases anytime, from anywhere. And the buyers receive their orders instantly, without having to think about it.

As Zimpler now enters this space, by offering a B2B payment solution, enabling instant pay-ins and instant pay-outs, it opens the door for innovation for internal processes. It will improve the cash flow for the selling company while providing the buying company with a much better purchase experience, according to Johan Friis,  Head of New Solutions and Co-Founder at Zimpler.

B2B companies had realized the importance of digitalization, especially when it comes to payments. The usage of B2B instant payments is also expected to grow in the next two years. Zimpler's expansion into the B2B payments ecosystem also shows the rising need of B2B players to adopt digital payments.