BlackLine buys credit risk startup NetNow for undisclosed sum

BlackLine acquired NetNow, which makes AI-based software for B2B customer onboarding and credit risk checks, adding steps that come before invoicing to its invoice-to-cash products.

BlackLine acquired NetNow, which makes AI-based software for B2B customer onboarding and credit risk checks, adding steps that come before invoicing to its invoice-to-cash products. (GlobeNewswire (BlackLine press release); Pulse 2.0)

NetNow's tools handle digital credit applications, gather credit data from trade references, bureaus and bank information, and monitor customer risk over time. Terms were not disclosed. Lightning Partners advised NetNow. (GlobeNewswire (BlackLine press release); Pulse 2.0)