Boston Startup CFO

FEBRUARY 1, 2023

As a startup founder, it is important to have a clear and organized system for tracking and managing your financial transactions. One tool that can help with this is a chart of accounts. A chart of accounts is a list of all the financial accounts in a startup , organized by category and assigned a unique number or code.

Startups 52

Startups Accounting Compliance Financial Reporting 52

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

Numbers 61

Numbers Accounting CFO Financial Analysis 61

PYMNTS

SEPTEMBER 24, 2019

San Mateo accounts payable automation startup Tipalti won $76 million in a funding round led by Zeev Ventures. The FinTech accounting firm will use the series D funds to grow the platform and its artificial intelligence (AI) tools that can read, process, pay and track invoices. . The startup targets mid-market firms.

Accounts Payable 49

Accounts Payable Startups Accounting Invoicing 49

PYMNTS

JULY 19, 2019

The new fund of SoftBank Ventures Asia will invest globally in early-stage startups, with Asia being the cornerstone, Reuters reported Friday (July 19). Established in 2000, SoftBank has made a number of notable investments worldwide, including $1 billion in Germany’s Wirecard , $2.5 billion in U.S.

Startups 61

Startups Investments Technology Numbers 61

PYMNTS

OCTOBER 22, 2020

Grab counts Softbank among its biggest investors and has evolved from a ride-hail startup in 2012 to a multi-faceted tech company that was last valued at $14 billion. In June, Singapore’s biggest startup had to lay off 5% of its workforce, about 360 people. Like many multi-billion dollar tech startups, Grab is not yet turning a profit.

Numbers 57

Numbers Startups Investments Economics 57

CFO News

APRIL 9, 2024

After accounting for dropouts, the US increased its unicorn tally to 703, China to 340. India figures at number three. In case of Australia, Sweden, and UAE, number of unicorns declined by one each.

Numbers 40

Numbers Startups Accounting 40

CFO Plans

JUNE 14, 2024

In today’s AI-powered business environment, accounting is no longer just about crunching numbers. Let’s explore five key accounting services that can transform your business operations and help you stay ahead of the competition.

Accounting 52

Accounting Manufacturing CFO Tax Planning 52

Boston Startup CFO

FEBRUARY 1, 2023

As a startup founder, it is important to have a clear and organized system for tracking and managing your financial transactions. One tool that can help with this is a chart of accounts. A chart of accounts is a list of all the financial accounts in a startup , organized by category and assigned a unique number or code.

Startups 40

Startups Accounting Compliance Financial Reporting 40

PYMNTS

NOVEMBER 15, 2020

The pandemic has engendered a number of new obstacles for companies. In addition, with Fiskl poised to shortly become the first truly mobile accounting platform globally, there is a natural fit in our collaboration with Samsung, the market leader in mobile smartphones.”. Joining up with bigger-name apps can be a boon for startups.

Finance 105

Finance Startups Financial Reporting Numbers 105

PYMNTS

JANUARY 8, 2021

The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. billion during a financing round in September and has more than 13 million user accounts, said Bloomberg.

Compliance 145

Compliance Communication Retail Startups 145

PYMNTS

MARCH 13, 2018

Ripple , the blockchain payments company, is gearing up to invest in startups and technology firms that create more uses for its cryptocurrency XRP. In order to access the new offering, consumers must have a bank account, phone number or a QR barcode.

Startups 55

Startups Investments Banking Numbers 55

PYMNTS

AUGUST 5, 2020

Social shopping is the newest hot trend fueled by the pandemic, as new startups are emerging and established brands such as Macy’s are catching up to capture this area. Data: 3,300: Number of employee participants in Macy’s Style Crew program. All this, Today in Data. 75M: Amount of Yotpo’s recent funding round.

Retail 105

Retail Startups Banking Numbers 105

Global Finance

JANUARY 2, 2025

Baruch Lev is Philip Bardes professor emeritus of Accounting and Finance, Kaufman Management Center, Leonard N. Feng Gu is chair and professor of Accounting and Law at the School of Management, State University of New York at Buffalo. Lev: One important element of successful due diligence is to look at the accounting.

Mergers and Acquisitions (M&A) 124

Mergers and Acquisitions (M&A) Finance Accounting Forecasting 124

PYMNTS

OCTOBER 1, 2020

1), the founders of dozens of tech firms housed in India held a Zoom call aimed at setting the wheels in motion to form what’s being billed as a “startup collective” to battle Big Tech – Google and Facebook, among others – across a number of fronts. To that end, as Bloomberg reported on Thursday (Oct.

Startups 56

Startups Education Numbers Accounting 56

PYMNTS

JUNE 22, 2020

To let companies open business accounts online, HSBC rolled out Hong Kong’s inaugural remote business account opening process designed for small- to medium-sized businesses (SMBs), according to an announcement. Clients can seek a business integrated account digitally and get the account number instantaneously.

Accounting 52

Accounting B2B Banking Startups 52

PYMNTS

AUGUST 7, 2020

Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the continent has declined every quarter since Q1 2019. with total funding nearly reaching $391.25 million this week.

B2B 100

B2B Transportation Startups Investments 100

PYMNTS

JUNE 3, 2020

SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address racial inequities in the United States amid coast-to-coast protests over police brutality. We have to put money behind it, set plans and hold ourselves accountable,” Claure wrote.

Startups 53

Startups Economics Investments Numbers 53

Global Finance

OCTOBER 31, 2024

Growing numbers of experienced chief financial officers are abandoning the corporate grind to take freelance roles for multiple clients—whether in parallel or on a serial basis. Two years ago, only about 2,000 LinkedIn accounts featured people promoting C-suite fractional services. But they can’t afford to hire a top-notch CFO.

CFO 98

CFO Startups Leadership Numbers 98

PYMNTS

APRIL 22, 2020

With a managed accounting service (MAS) created for startup founders and chief financial officers (CFOs), AcctTwo has rolled out service called MAS for SaaS. By decreasing the number of tasks IT departments need to complete and removing manual processing tasks, the process is accelerated.

Accounting 52

Accounting Reconciliations Leverage Startups 52

PYMNTS

AUGUST 11, 2020

We increased daily active customers by 231 percent and the number of paying customers grew by 139 percent.”. The FinTech’s app-based bank accounts allow customers to send and receive money and use other consumer-oriented features. Last month, Revolut gained $80 million in new funding, valuing the company at $5.5

Profit and Loss 95

Profit and Loss Foreign Exchange Startups Banking 95

The Finance Weekly

FEBRUARY 22, 2023

This includes raising capital, managing cash flow, accurately accounting for business activity, and forecasting future performance. However, they usually lack a strong financial background, and it's essential to have effective finance and accounting support for a business to thrive.

Startups 52

Startups Finance CFO Forecasting 52

PYMNTS

FEBRUARY 17, 2020

The startup will shutter all of its U.K. Others said they were disappointed in the closure, enjoying the extra bonuses that come with accounts. Though accurate numbers haven’t been publicly released as to N26’s customer base, reports have the number sitting at 200,000 since its 2018 U.K. locations on April 15.

Banking 92

Banking Startups Numbers Accounting 92

PYMNTS

OCTOBER 1, 2019

Amsterdam FinTech startup bunq is expanding into 22 additional countries after successful launches in Austria, Germany, Italy, Spain, France, Ireland and Belgium, TechCrunch reported on Tuesday (Oct. The company also now accepts Apple Pay and Google Pay in France, Germany, Spain, Italy, Belgium and Ireland. .

Startups 46

Startups Foreign Exchange Currencies Banking 46

Nerd's Eye View

SEPTEMBER 4, 2023

This month's edition kicks off with the news that WiserAdvisor, one of the longest-running lead generation services in the industry, has acquired IndyFin, a startup advisor rating platform that had aspired to be the 'Yelp for Advisors' – which on the one hand provides WiserAdvisor with an opportunity to jump into the business of client reviews (..)

Startups 98

Startups Technology Investments Planning 98

PYMNTS

JUNE 5, 2019

Grow Mobility, the company that operates electric scooter and bikesharing startups Grin and Yellow, is merging with Flinto, the payments startup. Flinto is available for the unbanked and for people with bank accounts. Those who don’t have cash are able to deposit money at shops and restaurants, the report said.

Startups 46

Startups Healthcare Investments eCommerce 46

The Finance Weekly

AUGUST 30, 2022

Why are FP&A software tools essential for startups and small businesses? For all of these reasons, more and more companies- including small businesses and even startups- are looking for FP&A solutions to help them stay ahead of the competition. What startups and small businesses should look for when choosing FP&A solutions.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Startups Analyzing Data Budgeting 52

PYMNTS

JULY 15, 2020

In the current climate, it is more important than ever for subscription businesses to offer flexible plan features — and this includes the ability to temporarily “ pause ” accounts. consumers subscribed to new streaming services, and that the average number of streaming subscriptions held by consumers rose from three to four.

Education 95

Education Economics Accounting Startups 95

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in. Germany trailed at seventh place, with 100 FinTech startups and $3 billion in funding.

Startups 88

Startups eCommerce Forecasting Banking 88

PYMNTS

NOVEMBER 4, 2016

Denmark has gained quite a reputation for supporting an overall positive business environment and fostering creativity and innovation – all of which have contributed to its capital city attracting the attention of global startups. Per capita, Denmark has the highest number of broadband internet connections in Europe.

Startups 71

Startups Banking Numbers Investments 71

PYMNTS

FEBRUARY 10, 2020

London FinTech startup DAG Global is going after the first merchant bank license in the U.K. The startup is reapplying in March in hopes that it can start offering bank accounts to crypto companies in 2021. that serves cryptocurrency businesses, multiple reports indicated on Monday (Feb.

Banking 82

Banking Construction Startups Finance 82

PYMNTS

MARCH 4, 2019

South Africa has the highest number of people with HIV of any country. Specifically, mobile money accounts could help achieve that goal, according to recent analysis from global health experts in SciDevNet. One example is Alto Pharmacy , a startup that has raised $50 million in venture funding. Other Pharmacy Moves.

Healthcare 93

Healthcare eCommerce Startups Accounting 93

PYMNTS

OCTOBER 14, 2016

The many unbanked in India are turning to local startups, such as Cashe and SlicePay, to borrow money. The research platform Tracxn finds that 64 alternate lending startups were founded in India in 2015 and, in 2016, there have been 34 new startups launched. But few in India have good credit, and many do not have a bank account.

Finance 74

Finance Startups Banking Numbers 74

PYMNTS

AUGUST 21, 2019

Aussie financial institutions started sending breach notifications after an undisclosed number of PayID records were exposed in the country’s real-time NPP on Friday (Aug. With PayID , users create their own numbers and then register them with their banks.

Banking 71

Banking Securities Numbers Startups 71

PYMNTS

SEPTEMBER 11, 2019

Unlike other FinTech startups, Kuda was granted a banking license from the Nigerian Central Bank. In the coming months, Kuda will add savings and P2P payments along with the no-fee checking accounts and debit cards it offers now. Kuda, Nigeria’s first digital-only bank with a standalone license, has raised $1.6

Banking 72

Banking Startups Accounting Numbers 72

The Charity CFO

APRIL 15, 2022

During the “Great Recession,” nonprofits have lost their accountants and financial directors at record rates. And they’re tired of the hamster wheel of hiring, re-hiring, training, and re-training bookkeepers and accountants. So why do accountants leave nonprofit organizations? Why Do Nonprofit Accountants Quit?

Nonprofit 52

Nonprofit Accounting CFO Problem Solving 52

PYMNTS

SEPTEMBER 28, 2020

The muted outlook for the future comes against a backdrop, where businesses — large and small, across any number of verticals — are navigating unprecedented impact on cash flow. The liquidity challenges are towering, he said. Where We Go From Here. You’ll be out of business.

Accounts Payable 116

Accounts Payable Restructuring Entertainment Economics 116

PYMNTS

JUNE 16, 2020

While Monzo has built a base of roughly 4 million users, it faces increasing challenges, having yet to achieve profitability and with investors growing increasingly reluctant to pump more dollars into tech startups that are bleeding red ink. The pandemic has ramped up pressure on FinTechs, opening the door to “digital’s 3.0

Valuation 94

Valuation Startups Banking Numbers 94