Bill.com enters digital business payment deal with First National Bank of Omaha
Bill.com has entered an agreement with First National Bank of Omaha to combine its digital business payment service with cloud-based back office automation, providing customers the ability to manage the services on a mobile device, according to a spokesperson.
The agreement makes FNBO one of the nation’s first regional banks to provide digital accounts payable and accounts receivable services to small and commercial business customers.
FNBO will use Bill.com connect to seamlessly integrate with the bank’s online portal and serves as a digital business payment hub for customers.
Bill.com in October 2017 secured $100 million in financing from investors led by JPMorgan Chase and Singapore-based investment firm Temasek, which brought the total amount of financial backing to $200 million.