PYMNTS

FEBRUARY 28, 2019

Mike Cagney, former CEO of SoFi , just announced that his new startup has raised $65 million in a funding round. The new funding, led by RPM Ventures and partners at DST Global, brings the company’s total raised to more than $120 million, with its valuation at $365 million. Last year, the U.S.

Currencies 51

Currencies Valuation Startups Investments 51

PYMNTS

JUNE 21, 2018

According to Bloomberg , one source claims that the California-based firm is engaging in conversations with the Office of the Comptroller of the Currency, which charters and regulates all national banks and federal savings associations. In May, the company received a valuation of $5.6 The talks are not final and no deal has been made.

Banking 49

Banking Startups Valuation Currencies 49

PYMNTS

JANUARY 28, 2020

Curve closed a Series B funding round in July, at a valuation of $250 million. startup in history to raise £4 million in crowdfunding on Crowdcube. Curve Send” enables the use of any linked bank account to send funds to people in over 25 different currencies. The platform became the fastest U.K.

Banking 56

Banking Valuation Currencies Startups 56

PYMNTS

MAY 31, 2016

I started thinking about this in between the raindrops this weekend and couldn’t help but being reminded of the cool kid similarities in the startup world. Cool kids get invited into the elite cool kid’s funding circle, which literally becomes a tradable currency just for being in the club. I’ll even remember your name, too.

Startups 40

Startups Valuation Compliance Currencies 40

PYMNTS

JULY 27, 2020

Banking veteran Richard Davies is leaving his role as CEO of banking at digital-banking shop Revolut , one year after coming aboard to bring his seasoned skills to the startup, the Financial Times reported. ” The cash infusion Revolut announced last week puts the company’s valuation at $5.5

Valuation 56

Valuation Risk Management Leadership Compliance 56

PYMNTS

FEBRUARY 13, 2019

Rapyd, the Silicon Valley-based startup that offers a slew of financial services from payments to ID verifications from one API, has raised $40 million in venture funding. million cash collection endpoints and more than 100 different e-wallets to support non-card based payments in more than 65 currencies and more than 150 countries.

Valuation 46

Valuation Startups Compliance Currencies 46

PYMNTS

JUNE 27, 2016

Some small business owners interviewed by The Wall Street Journal said they are unfazed by what they expect to be short-term currency volatility and agree that the Brexit, long-term, will prove to be a positive development. A 500 percent increase in currency transfers by U.K. 1,500 F inTech startups in the U.K.

Foreign Exchange 40

Foreign Exchange Currencies Startups B2B 40

PYMNTS

OCTOBER 7, 2019

Also, OYO , an India-based hotel and booking startup, announced a $1.5 India Lodging Startup OYO Raises $1.5B Agarwal, who founded OYO in 2013, will triple his interest in the firm with a $700 million investment to purchase new shares, bringing its valuation to $10 billion. Ant Financial to Invest $600M in Zomato.

Startups 44

Startups Valuation Compliance Currencies 44

PYMNTS

AUGUST 10, 2016

It also reached an agreement with taxi-hailing startup Uber in which Alipay users can pay for rides with the mobile payment method. That round of fundraising gave the company a $60 billion valuation. The report noted Ant Financial has enough cash to expand, closing a round of funding in April after it raised $4.5

Valuation 40

Valuation Currencies Startups Sales 40

PYMNTS

SEPTEMBER 27, 2019

International Payments: Strong growth lies ahead for payments across borders as Bill.com reports that it now facilitates international payments across 106 currencies and 137 countries. The firm said transaction processing is up 216 percent year over year and total payment volume is up 258 percent.

Sales 46

Sales Valuation Currencies Startups 46

PYMNTS

MAY 3, 2019

Management pointed to currency headwinds and at least some reclassifications of YouTube and other offerings. Mastercard’s results show the traction that tech-driven efforts to get money across time zones and currencies is gaining: The firm said cross-border volumes were up in the mid-teen growth rates and will stay that way through the year.

Currencies 40

Currencies Advertising Valuation Startups 40

PYMNTS

DECEMBER 4, 2019

Disbursing 70 percent to 80 percent of those funds to multiple entities over time in different currencies is entirely another. Startups Rising. Indeed, a group of startups is setting its sights on the travel activities industry, which is the fastest-growing segment in the tourism market. Sharing Economy Changes.

Leadership 52

Leadership Startups CFO Planning 52

PYMNTS

DECEMBER 4, 2019

Disbursing 70 percent to 80 percent of those funds to multiple entities over time in different currencies is entirely another. Startups Rising. Indeed, a group of startups is setting its sights on the travel activities industry, which is the fastest-growing segment in the tourism market. Sharing Economy Changes.

Leadership 52

Leadership Startups CFO Planning 52

PYMNTS

JUNE 9, 2018

News came this week that electric scooter startup Bird has raised $200 million, which, in turn, brings its implied valuation to around $1 billion. Scooters : To paraphrase an old maxim, to the swiftest goes the (VC) race? Download an app, unlock a scooter and Bird’s the word. Who said unicorns don’t have wings? .

Banking 51

Banking Startups Valuation Sales 51

PYMNTS

AUGUST 12, 2017

Think about that next time some startup tech founder wants you to drink his “Kool-Aid” and buy into his claims to strike critical mass and ubiquity. Some Things You Probably Didn’t Need To Know About Kool-Aid (Including Its Prison Currency). This stock up is for two reasons.

Currencies 52

Currencies Valuation Numbers Communication 52

PYMNTS

FEBRUARY 29, 2016

That’s according to a new startup called DragonBill , created to combat late payment problems that can weigh especially heavy on the smallest of enterprises. The problem is exacerbated, analysts added, by slowing export demand, a declining euro valuation and a steep drop in commodity prices.

Banking 40

Banking Valuation Treasury Cash Management 40

Future CFO

DECEMBER 7, 2020

Teoh shared with us her thoughts on some of the gender-related challenges at work and how to overcome them, advice on how to deal with the new normal as a finance executive, and how she reimagines borderless digital currencies as a “point junkie”. Sereen Teoh, CFO, BIG Loyalty. FutureCFO: Can you share with me your finance career journey?

CFO 52

CFO Financial Planning and Analysis (FP&A) Leadership Finance 52

PYMNTS

JUNE 30, 2016

But with London itself being one of the world’s biggest FinTech centers, the real question that’s yet to be answered is how the Brexit fallout will impact the various merchants, startups and VCs that call the city home. There’s also increased concerns about shipping physical goods with the potential for crazy currency swings.

Currencies 41

Currencies Benchmarking eCommerce Valuation 41

PYMNTS

APRIL 29, 2016

And Alibaba gets the boon of having a finance arm that now has an implied valuation of $60 billion. . Throwing money at growth for growth’s sake leads to sky high valuations. . But s ky high valuations led to euphoria, and then despair, eventually. Heady stuff for all involved. Sizzle or Fizzle? Sizzle or Fizzle?”

Advertising 40

Advertising Valuation Sales Construction 40

Barry Ritholtz

NOVEMBER 8, 2022

CHANCELLOR: And look — yeah, but then if you look at the valuation of the market at that time, the market was — the U.S. CHANCELLOR: And look — yeah, but then if you look at the valuation of the market at that time, the market was — the U.S. And so, Crispin and I were having lunch in late 2003.

Valuation 59

Valuation Finance Investments Banking 59

PYMNTS

NOVEMBER 24, 2020

In today’s top news, point-of-sale tech startup Toast is valued at $8 billion after a share purchase, and PayPal’s CEO says it’s only a matter of time before central banks launch digital currencies. Second Share Purchase Deal Values POS Startup Toast At $8B. PayPal’s Schulman: Consumers Moving To Digital Currency In Droves.

Startups 89

Startups Currencies Treasury Sales 89

Barry Ritholtz

APRIL 18, 2023

In the short run, there can be distortions in public market valuations as we saw in 2001 and we saw prior to that in 2007, and prior to that in 2000, in ‘99. I started at Blackstone in July of ’98, and I guess what was going on that year, you had like a Southeast Asian currency crisis. BARATTA: Yeah. In the long run. BARATTA: Yeah.

Investments 64

Investments Valuation Marketing Currencies 64

PYMNTS

NOVEMBER 28, 2019

The stock-trading startup is voluntarily pulling its bank charter application with the Office of the Comptroller of the Currency, which was submitted earlier this year. Earlier this year, Robinhood announced a $323 million Series E financing round, bringing the company’s valuation to $7.6

Banking 75

Banking Valuation Cash Management Currencies 75