Adyen, a global financial technology platform, has announced a strategic partnership with BILL, a prominent financial operations platform catering to small and midsize businesses (SMBs). The collaboration initially focused on Adyen's card-acquiring services and has expanded to encompass card-issuing capabilities. This integration aims to enhance BILL's accounts payable (AP) and accounts receivable (AR) solutions, providing advanced acquiring and issuing experiences for SMBs. Adyen's end-to-end payments capabilities and financial products, combined with BILL's focus on automating finance for SMBs, create a robust ecosystem for seamless payment experiences, contributing to improved cash flow management for businesses.
Blake Breathitt, SVP of Platforms and Financial Products at Adyen, expressed pride in the partnership with BILL, emphasizing their commitment to growing alongside their customers. Adyen's card-issuing services, integrated into BILL's virtual card offering, contribute to the suite of financial products and services, ensuring easy and secure payments for SMBs. Loren Padelford, BILL's Chief Commercial Officer, highlighted the collaboration's role in supporting customers' resilience and addressing card product and service needs. The partnership underscores Adyen's continuous growth and its role as the preferred financial technology platform for leading companies worldwide.
