FinTech news in customer relationship management category

Rebill, an Argentina-based startup, raised $3.6 million to continue building automated payment collection and subscription management tools for Latin America. Rebill differs from legacy providers in that it is targeting medium to large companies, is cloud-based and sold on a subscription basis so customers just have to pay a license fee, Candia told journalist. The company automates the collection process and integrates payment gateways and invoicing tools so that customers don’t have to create their own. Candia estimates that Rebill’s process cuts down that implementation process from months to hours.

The new capital will assist Pastel in increasing its efforts in this area as it looks to expand its product offerings and develop more productivity and finance management features and tools around group savings, loans and payments for small businesses.

Oberoi said that people in many markets including the U.S., Australia and Canada still prefer to use SMSs over any third-party offerings, but added that it’s within reach for the startup to quickly adopt WhatsApp or any other instant messaging service onto the platform. Emitrr, founded by Oberoi and his partner Pulkit Gambhir in December 2020, claims that that over 150 local businesses in the U.S. use its platform. Oberoi said that Emitrr has so far built seven to eight different automation models that work over the short messaging service (SMS). Now a young startup, Emitrr, is aiming to bring the benefits of this model to small and local businesses in the U.S.

After spending some time in Kenya (where he was now used to paying via mobile money and rarely cash), he noticed that businesses relied heavily on manual bookkeeping and didn’t have software to record their cash and mobile money transactions.