MineralTree Grabs $6.3M To Give SMBs A Secure Alternative To Online Banking

Gartner estimates that more than 10 percent of small businesses have been the victim of theft and/or fraud, with losses totaling more than $2 billion. That's because small businesses are more or less forced to rely on a variety of ad hoc and manual processes, paper checks and online bill pay systems, which mean complexity, higher security risks and less control. MineralTree emerged out of stealth mode last November to come to the rescue of small businesses.

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