Press Room
BidPay, Inc., and Helen of Troy Subsidiary to Provide Fast Payment Option for Suppliers April 11, 2015
El Paso, TX | April 11, 2015 BidPay®, Inc., a technology company that facilitates the electronic discounting of accounts payable, announced it has entered into a formal agreement with KAZ USA, Inc. (“KAZ”), a subsidiary of Helen of Troy Limited (NASDAQ: HELE). Helen of Troy and subsidiaries are global designers, marketers, and distributors of personal […]
BidPay Announces Formation of BidPay Freight December 9, 2014
BidPay, Inc. announces the formation of a new business unit, BidPay Freight®, utilizing BidPay’s proprietary cloud-based accounts payable auction platform. BidPay Freight® focuses exclusively on managing freight payable discounting auctions for supply chain shippers and logistics companies. Over 60% of truckers factor their freight bills when they need cash. Factoring companies earn the spread (“discount”) between […]
BidPay, Inc. Officially Begins Marketing Proprietary Supply Chain Finance Technology November 21, 2014
With the first stages of BidPay®’s technology development complete, company CEO, Tony Furman, announced earlier this week that BidPay®, Inc. has begun to license its technology and is in late-stage discussion with two prospective clients BidPay® expects will begin auctioning accounts payable by year end. BidPay®, Inc. is an accounts payable auction technology platform that places supply […]