CFO Talks

AUGUST 29, 2024

This helps you see potential cash shortfalls early and make plans, like talking to suppliers about extending payment terms or arranging a short-term loan. For instance, a tech startup might avoid debt initially, relying on investor funds instead. Practical Tip: Create a cash flow forecast that looks at least a year ahead.

Treasury 93

Treasury Cash Flow Forecasting Foreign Exchange Currencies 93

Global Finance

JUNE 4, 2024

The latest such episode started in 2019 with the ongoing debt crisis, followed by a currency collapse and, in 2022, the fall of the scandal-ridden government of Rajapaksa. With the next presidential and parliamentary elections planned for 2024, the approval ratings of the incumbent president and his government are weak. billion. .):

Economics 105

Economics Currencies Restructuring Manufacturing 105

PYMNTS

OCTOBER 23, 2018

The SBI Group plans to license Sepior ApS ’ wallet technology to use in its own wallet, which will become a part of its digital currency exchange platform, the company said in an announcement. Crypto startup Uphold is getting into the earning and lending product market with Uphold Borrow and Uphold Earn, CoinDesk reported.

Startups 76

Startups Banking Currencies Financial Systems 76

PYMNTS

JUNE 5, 2017

Russia is getting more into digital currency with the central bank in the country launching tests of several digital currency schemes. “Regulators of all countries agree that it’s essential to develop a national digital currency, that it is the future,” Skorobogatova said.

Currencies 40

Currencies Banking Startups eCommerce 40

PYMNTS

FEBRUARY 13, 2020

Vertical payments startup Flywire has acquired healthcare technology startup Simplee , while also closing a $120 million Series E investment round led by Goldman Sachs, the company announced on Thursday (Feb. High-deductible health plans are contributed to rising healthcare costs. It is estimated that U.S.

Healthcare 52

Healthcare Startups Education Currencies 52

PYMNTS

SEPTEMBER 19, 2016

Startups specializing in blockchain may have their eye on disrupting the $15 billion music industry. The startup recently collaborated with an artist that allowed a wallet to be set up on the Ethereum blockchain, where users could send digital currency to be issued a license for an MP3 file, while simultaneously paying out the artist.

Startups 78

Startups Currencies Technology Planning 78

PYMNTS

AUGUST 10, 2017

FinTech startup Populous has officially launched. The FinTech startup developed its own virtual currency tokens, Pokens, pegged with fiat currencies. With the smart contract, we have created our own tokens, our own currency in a sense, which the contracts accept,” Williams explained to the publication. “If

Startups 49

Startups Invoicing Currencies Finance 49

PYMNTS

APRIL 16, 2020

In other news, Purse, a bitcoin startup, plans to close following a run that lasted for six years, CoinDesk reported. The company provided discounts as high as 5 percent at Amazon by linking holders of Amazon gift cards with digital currency investors. Users could buy gift cards at reduced prices with bitcoin or bitcoin cash.

Planning 73

Planning Currencies Startups Technology 73

PYMNTS

JUNE 25, 2020

It will be easier for New York cryptocurrency businesses to launch in New York, thanks to a plan by regulators that would ease licensing rules. The existing licensee would provide the startup with the operational, staffing, and other support until it can obtain a full DFS virtual currency license.

Currencies 96

Currencies Startups Planning Banking 96

PYMNTS

APRIL 5, 2019

However, users will need to use a UBP bank account — and show a government-issued ID — to exchange funds to and from the virtual currency. Last year, Zhao said his company planned to launch exchanges on almost every continent. A new startup from the co-founder of Simple Bank has launched an open beta.

Startups 53

Startups Investments Currencies Banking 53

Centage

AUGUST 29, 2022

Along with being agile and able to pivot on a dime, these businesses have the ability to make decisions and act on them with confidence, and that means mastering the art of scenario planning. . Read on to learn about the importance of evaluating business assumptions and discover the top variables affecting scenario planning.

Planning 52

Planning Forecasting Budgeting Profit and Loss 52

PYMNTS

SEPTEMBER 25, 2018

When it comes to using loyalty points as a currency, some might underestimate the difficulty of such an application: “People kind of shrug,” Modo CEO Bruce Parker told PYMNTS.com in an interview. They think that “deploying loyalty points and redeeming them for stuff seems like something that should be pretty easy.”

Currencies 58

Currencies Construction Accounting Planning 58

PYMNTS

AUGUST 30, 2019

Elwood Asset Management — owned by British billionaire and Brevan Howard Founder Alan Howard — is planning a $1 billion venture into the crypto hedge fund space. An event is planned at Lounge K in Gangnam on Sept. Howard is launching a $1 billion endeavor for specially-designed cryptocurrency hedge fund portfolios.

Planning 75

Planning Currencies Startups Banking 75

PYMNTS

MAY 9, 2019

African FinTech payment startup Chipper Cash has attracted some high-profile investors and raised $2.4 The company went live in October of 2018, and it’s a no-fee, P2P cross-border startup. The company plans to use revenues from Checkout to support its no-fee business. He said having Montana as an investor adds value.

Startups 46

Startups Leadership Currencies Investments 46

PYMNTS

AUGUST 19, 2016

Russia’s love-hate relationship with digital currency continues. Now, Russia has overcome its fears and has opened the first digital currency exchange. The new exchange will provide 24/7 currency exchange services and, according to News BTC , the Russian exchange is an actual office. In the first half of 2016, 7.8 Regulation.

Currencies 44

Currencies eCommerce Technology Startups 44

PYMNTS

DECEMBER 7, 2020

Social Finance (SoFi), a San Francisco-based online lending startup, is holding talks about selling to a blank-check acquisition company, Reuters reported, to help it debut on the stock market. Last year, Noto had said going public was a long-term plan but not a priority. Noto is an ex- Goldman Sachs investment banker.

Startups 107

Startups Cash Management Finance Currencies 107

PYMNTS

FEBRUARY 7, 2020

It’s been several months, if not years, since blockchain was the darling of tech startup investors, but this week proved the technology still has a lot to offer venture capitalists. blockchain startup Envoy will be used to bolster its supply chain and trade finance platform, the company told PYMNTS in an emailed announcement.

B2B 98

B2B Startups Manufacturing Currencies 98

PYMNTS

SEPTEMBER 1, 2020

The Bermuda government is working on a plan to roll out a digital stimulus token to help residents and vendors, The Royal Gazette reported. In other news, the rollout of China's Central Bank Digital Currency (CDBC) might not only include digital wallets — it could also come with hardware wallets, too, CoinDesk reported.

Foreign Exchange 82

Foreign Exchange Construction Currencies Startups 82

PYMNTS

MAY 1, 2017

But off the trading floors, the news cycle carried its own pace as Walmart made cash cheaper to send, bitcoin and the blockchain got a series of thumbs down from bankers around the world and startups started feeling the burn. prohibits banks it transacts with from dealing with virtual-currency exchanges, for example. Investment in U.S.

Startups 46

Startups Banking Currencies Investments 46

CFO News Room

FEBRUARY 5, 2022

The government’s record borrowing plans for the next financial year sent benchmark bond yields to two-and-a-half years high. The rebound in equity markets, however, failed to push the rupee up as the local currency lost 18 paise against the greenback to close at 74.80.

Budgeting 130

Budgeting Marketing Benchmarking Manufacturing 130

PYMNTS

AUGUST 17, 2018

However, this summer, a different kind of B2B startup has captured investors’ attention. Enterprise blockchain startup Axoni secured $32 million in Series B funding this week, the company announced in a press release. B2B FinTech is undoubtedly a hot spot for venture capitalists (VCs) this year. MyDreamPlus.

Startups 40

Startups B2B Auditing Invoicing 40

PYMNTS

OCTOBER 26, 2018

Today’s coverage includes the latest on how Visa views cryptocurrencies, and Expedia’s fresh plan to take on Airbnb. Moody’s has news about the charge-off climate, chocolate is getting more expensive and the OCC’s bank charter plan faces more trouble. The startups let owners of apartment buildings control short-term rentals.

Currencies 75

Currencies Startups Banking Planning 75

PYMNTS

NOVEMBER 25, 2020

In today’s top news in digital-first banking, Ukrainian financial institution UKRSIBBANK is collaborating with Sweden-based FinTech upstart Dreams, while Oportun Financial is pursuing a national bank charter with the Office of the Comptroller of the Currency (OCC). Plus, N26 is launching a subscription-based online banking suite.

Banking 64

Banking Startups Budgeting Currencies 64

PYMNTS

MARCH 19, 2019

InstaReM, the Singapore FinTech startup that enables banks and consumers to send money across borders , raised $41 million in venture funding. According to a report in TechCrunch , the four-year-old startup raised the money in a Series C round of funding. To date, the startup has raised $59.5 million, according to the report.

Foreign Exchange 64

Foreign Exchange Startups Currencies Banking 64

PYMNTS

JULY 10, 2019

In its second known investment in a cryptocurrency startup, Visa has reportedly invested millions in the crypto storage company Anchorage. The payments firm co-led the funding round along with digital currency-focused venture capital firm Blockchain Capital, Fortune reported.

Investments 63

Investments Currencies Nonprofit Startups 63

PYMNTS

MARCH 11, 2020

In Asia, venture capitalists have backed two commercial card startups — one in China, targeting employee expense management, and one in India, with a focus on linking startups to credit without the need for a personal guarantee. Below, PYMNTS rounds up the latest in commercial card innovation. QuickBooks Adds Card Payment Support.

B2B 52

B2B Invoicing Startups Compliance 52

PYMNTS

JANUARY 29, 2021

The SEC is investigating how the San Francisco-area startup allocates revenue. . Roblox was planning to list shares on the New York Stock Exchange in the fourth quarter of 2020 but in an SEC filing on Jan. 8, the company changed its plans to a direct listing to occur in February. . 29), citing an employee memo.

Entertainment 82

Entertainment Valuation Currencies Startups 82

PYMNTS

MARCH 22, 2019

Singapore-based FinTech startup InstaReM , which enables banks and consumers to send money across borders , announced a partnership with First Data to assist businesses that issue corporate credit cards. Ripple participated as well, and has partnered with InstaReM to enable the startup to send payments around the world. million.

Currencies 83

Currencies Startups Securities Banking 83

PYMNTS

AUGUST 3, 2016

Currency transfer and finding ways for consumers to avoid the inevitable fees is a hot spot for FinTech startups. With Revolut, the money can be spent in over 90 currencies around the world at the cheapest exchange rate available, the interbank rate, with no fees, at least for now. Revolut, a U.K.-based

Currencies 40

Currencies Foreign Exchange B2B Investments 40

PYMNTS

APRIL 18, 2018

According to sources familiar with the plan, the company had reportedly approached a firm that advises clients about structuring initial coin offerings (ICOs). The company, which is behind the XRP currency, said regulators should focus on anti-money laundering (AML), consumer protection and financial stability.

Planning 43

Planning Currencies Startups Securities 43

PYMNTS

JUNE 25, 2020

The New York State Department of Financial Services (DFS) has proposed a conditional licensing framework that promises to make it easier for cryptocurrency startups. plans to offer a Samsung Pay Card that will operate like a digital wall for customers. Morgan: Treasurers Are Critical To Helping Firms Plan For Business Resiliency.

Currencies 99

Currencies Banking Startups Securities 99

PYMNTS

FEBRUARY 26, 2020

In today’s top news, the stock market takes its biggest hit since 2015 due to mounting fears over the coronavirus, and an ex-Microsoft engineer is found guilty of stealing $10 million in digital currency. JPMC CEO: Bank Plans FinTech, Other ‘Very Creative’ Acquisitions. Will Bird’s Payment Plans Take Flight? In 48 Hours.

Marketing 56

Marketing Currencies Startups Securities 56

Global Finance

SEPTEMBER 5, 2024

In 2023, the lab honed its focus to concentrate on startups between seed and Series A funding stages. The lab, which had previously nurtured 76 startups, invested 500,000 Brazilian reais (approximately $91,000) in each of the six startups accelerated last year. Thus far, 64 startups have graduated from the lab.

Startups 52

Startups Finance Banking Technology 52

The Finance Weekly

APRIL 13, 2024

The finance industry employs a multitude of software solutions to facilitate budget creation, and financial reporting, and to assist financial analysts and investors with financial planning and forecasting. This allows finance teams to execute planning, analysis, and collaboration activities with exceptional rapidity and assurance.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Finance Invoicing Budgeting 52

PYMNTS

SEPTEMBER 15, 2019

Cubans are turning to digital currencies to get around U.S. Sanchez bought fractions of bitcoin — which are worth around $10,000 each — through Fusyona , a startup founded by Cubans in Brazil that claims it is Cuba’s first crypto exchange. That same month, tech guru John McAfee claimed he could help Cuba launch the digital currency.

Currencies 55

Currencies Startups Economics Planning 55

PYMNTS

APRIL 8, 2020

Hong Kong-based finance startup Neat has closed a Series A funding round and come away with $11 million, according to a press release. The company plans to invest more in customer support, expand its customer base in Southeast Asia, and add more regulatory licenses around the world.

Currencies 94

Currencies Startups Investments Accounting 94

PYMNTS

JULY 26, 2019

TechCrunch reported this week that the seed funding was led by Quest Venture Partners, while ffVC, Magma Partners, Sidekick Fund and the Blue Startups accelerator also participated. London’s VertoFX operates a platform for businesses and banks to make cross-border payments and exchange foreign currency. based startup landed $2.23

B2B 62

B2B Accounts Payable Startups Currencies 62