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Resolve at its core improves traditional and cumbersome b2b payments.They facilitate deferred payments between businesses, but in a way that benefits both businesses. Resolve currently works with US-based manufacturers, wholesalers, and distributors. Deferred payments are commonly referred to as ‘net terms’, it describes a payment delay of 30, 60, or 90 days that has come to be expected by business customers.The issue for the business seller is that they are required to act like a bank. They need to give short-term credit to their customers and ‘float’ these net terms invoice payments. Resolve takes care of every aspect of a business being able to offer net terms as a payment option; They solve for the credit checking process, provide invoice financing, automate accounts receivable processes, and speed up payments processing. Resolve enables simpler b2b deferred payments through Resolve end-to-end and embedded ‘credit billing’ solution. Resolve automates and streamlines all of the tasks associated with offering net terms. The result is easier net terms all while improving their customer’s cash flow, reducing their financial risk, reducing AR resource requirements, and increasing their b2b sales. Affirm and Resolve share their founding history in Max Levchin. Max was previously co-founder and CTO at PayPal and founded Affirm in 2012. Resolve was developed in Max’s San Francisco based venture studio, HVF, by co-founders Chris Tsai and Brian Nguyen. Resolve’s co-founders Chris & Brian had previously worked together on a successful fintech startup that was acquired by Indiegogo. Having both worked closely with Affirm, the pair saw an opportunity in the ‘buy now, pay later’ space - but with a focus on b2b. Chris & Brian are Y Combinator alums, were Wharton MBA classmates, and hold technical degrees from MIT and Stanford between them.
PaySimple is the leading payments management solution for service-based businesses, powering the cashflow of over 20,000 companies nationwide. PaySimple builds long-term partnerships with companies to drive growth, providing flexible payment and billing solutions and personalized customer service to suit their distinct business needs. With a robust API, PaySimple is a trusted technology partner for payment integrations, natively handling cashflow within SaaS products and mobile applications. The vendor offers a free 14-day trial and no credit card or commitment is required.
Payscout is a global payment processing provider covering six continents by connecting merchants and consumers via credit, debit, ATM, and alternative payment networks. What differentiates Payscout is its mission to support the entrepreneurial dream one transaction at a time. Payscout achieves this by being a thought leader in the payments industry. Its Go Global Now technology platform gives merchants instant access to 100+ countries, billions of consumers and trillions of dollars.
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