Global Finance

DECEMBER 9, 2024

One good recent example is in Ethiopia, where the central bank recently promulgated a number of new regulations that have made the foreign exchange market more competitive. But because the market was not active, even though the company was profitable and the valuation was going up, the stock price was not moving on the exchange.

Marketing 98

Marketing Banking Finance Profit and Loss 98

PYMNTS

SEPTEMBER 27, 2018

The unit provides small- and medium-sized businesses (SMBs) with cross-border supplier payment services , enabling those companies to pay vendors in their local currencies to mitigate against foreign exchange risk and fees. Western Union said via a spokesperson that it does not comment on M&A speculation.

Sales 79

Sales B2B Foreign Exchange Valuation 79

PYMNTS

NOVEMBER 3, 2020

The latest developments have to first be disclosed to investors, the exchange said. By avoiding the title of financial institution, Ant gets a tech company’s valuation and attracts more investors. 2) to answer questions behind closed doors. Also summoned were Ant Group Chairman Eric Jing and Chief Executive Simon Hu.

Foreign Exchange 67

Foreign Exchange Valuation Banking Securities 67

PYMNTS

MAY 1, 2020

London-based Finablr , which owns two foreign exchange businesses, found that the overall debt of the company was $1.3 Travelex has also faced its own issues, announcing last week on April 22 that it was seeking a buyer as a strategic idea to meet valuation for shareholders. million to the hackers.

Foreign Exchange 61

Foreign Exchange Restructuring Valuation Numbers 61

PYMNTS

MAY 5, 2020

Founded in 2015, Revolut began with a prepaid debit card that enables people to sidestep foreign exchange fees while traveling abroad. Revolut raised $500 million in February, which upped its valuation to $5.5 Although the startup lost revenue due to decreased card usage worldwide amid COVID-19, it’s still in a solid position.

Foreign Exchange 70

Foreign Exchange Startups Valuation Banking 70

PYMNTS

DECEMBER 29, 2020

If it is approved, the company’s estimated valuation of $315 billion would likely be slashed. The previous day, PBOC met with representatives of Ant and regulatory officials from the country's securities, banking and foreign exchange sectors. Consumer lending is Ant’s biggest revenue driver, followed by Alipay. .

Foreign Exchange 65

Foreign Exchange Valuation Leverage Banking 65

CFO Leadership

FEBRUARY 16, 2022

Use our guide to understand and explore the factors that can make it advantageous to embrace a risk management strategy for foreign exchange. The foreign exchange market can be a highly complex task for small-to-medium enterprises to navigate when conducting business overseas. The Foreign Exchange Market.

Risk Management 52

Risk Management Currencies Foreign Exchange Valuation 52

PYMNTS

FEBRUARY 5, 2020

The Visa partnership offers users secure, cross-border payments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. B2B transfers are expected to reach a $218 trillion valuation in the next three years alone.

B2B 71

B2B Foreign Exchange Currencies Valuation 71

PYMNTS

NOVEMBER 20, 2020

Several regulatory agencies — the People’s Bank of China (PBOC), the Insurance Regulatory Commission, the Securities Regulatory Commission and the State Administration of Foreign Exchange — summoned Ma to answer questions. . Looking out into 2021, Yu predicted that Ant may indeed undergo a restructuring. .

Restructuring 94

Restructuring Foreign Exchange Valuation Banking 94

PYMNTS

SEPTEMBER 17, 2020

is said to seek a valuation in the neighborhood of $45 billion and $50 billion. Flywire will work with Mastercard to offer discounted foreign exchange rates for educational international tuition payments. The retailer, which is largely owned by Walmart, Inc., Flywire, Mastercard Team On Cross-Border Tuition Payments.

Foreign Exchange 61

Foreign Exchange Education Valuation Currencies 61

PYMNTS

MARCH 23, 2020

Partnering with third-party providers equipped to handle cross-border payments is one viable solution as these organizations can mitigate potential payment process hiccups, including foreign exchange concerns and payment speeds. Third-party providers cannot eliminate all the frictions associated with cross-border payments, however.

Foreign Exchange 61

Foreign Exchange Currencies Valuation Invoicing 61

PYMNTS

MARCH 17, 2020

Founded in 2011 by Estonian friends Käärmann and Taavet Hinrikus, the startup set out to make foreign exchange fees more transparent. TransferWise has a valuation of $3.5 billion following its last funding round of $292 million in May 2019. The startup has raised a total of $772.7 million in funding in 10 rounds to date.

Foreign Exchange 56

Foreign Exchange Valuation Startups Currencies 56

PYMNTS

AUGUST 14, 2019

Tax regulators noted that businesses can use foreign exchanges to facilitate their crypto payments, and offered guidance on how to calculate PAYE taxes and levies when paying in crypto. “If If the appropriate valuation cannot be obtained from a New Zealand-based exchange, an overseas-based exchange can be used,” the ruling stated.

Foreign Exchange 53

Foreign Exchange Valuation Currencies Banking 53

PYMNTS

OCTOBER 11, 2019

Japan and Australia, allowing Chinese SMBs to trade globally by providing local collection, payments, lending, foreign exchange and other treasury management offerings. The funding is the largest in this week’s B2B Venture Capital roundup, and propels the firm’s valuation beyond $1 billion. Canada, the U.S.,

Startups 67

Startups Foreign Exchange B2B Investments 67

PYMNTS

OCTOBER 1, 2019

.’s many so-called digital challenger banks, Revolut started its evolution as a pre-paid card attached to an app that gave users an easy mechanism for paying abroad without foreign exchange fees. billion valuation, which resulted in it becoming one of the Europe’s most valuable unicorn companies.

Foreign Exchange 43

Foreign Exchange Valuation B2B Compliance 43

PYMNTS

NOVEMBER 16, 2018

While Automation Anywhere’s funding was the largest of the week, its valuation is not the biggest. The FinTech targets friction and costs associated with foreign exchange (FX) conversion fees and volatility that corporates experience when making payments to their vendors across borders.

Accounts Payable 77

Accounts Payable Currencies Foreign Exchange Startups 77

PYMNTS

FEBRUARY 26, 2016

Devanath said SMERGERS has collected data on businesses across industries and geographical markets to help guide the valuation process. “An An issue we have observed in the market is that many deals fall through because of valuation mismatch between the buyer and seller,” the CEO explained.

Foreign Exchange 52

Foreign Exchange Valuation Currencies Sales 52

PYMNTS

APRIL 12, 2019

million from Minstral Venture Partners and Revel Partners, according to a press release , which Buckzy will use to focus on providing both businesses and consumers with access to lower foreign exchange rates and greater visibility into their cross-border payments. The company raised $1.75 The $130 million investment for U.K.

B2B 55

B2B Banking Foreign Exchange Startups 55

PYMNTS

JUNE 27, 2016

But currency valuations are fluctuating all across the globe, with India, Japan, the U.S. But currency valuations are fluctuating all across the globe, with India, Japan, the U.S. One of those is Currency Cloud, which handles foreign exchange trades for businesses. percent plunge of the sterling against the U.S.

Foreign Exchange 40

Foreign Exchange Currencies Startups B2B 40

PYMNTS

NOVEMBER 22, 2019

According to Iron Pillar’s report, B2B startups need 50 percent less capital than startups providing consumer-facing products and services if they wish to achieve a $1 billion valuation (unicorn status). In pursuit of its $1 billion valuation, Tyro said its float will seek to raise about $172.32 According to BusinessLeader.co.uk

Mergers and Acquisitions (M&A) 43

Mergers and Acquisitions (M&A) B2B Foreign Exchange Startups 43

Barry Ritholtz

AUGUST 16, 2022

That’s the foreign exchange markets, and to some extent, commodities. And last market question, so we’ve seen equity valuations come down. I get the sense you’re expecting cheaper valuations, if not much cheaper valuations. TROPIN: Well, I wouldn’t go so far as to say much cheaper valuation.

Profit and Loss 122

Profit and Loss Foreign Exchange Valuation Investments 122

PYMNTS

DECEMBER 11, 2019

Foreign exchange (FX) is undoubtedly one of the biggest hurdles. When B2B partners are trading on 30-, 60- or even 90-day terms, currency valuations can vary significantly from when a business receives an invoice versus when that invoice is paid.

B2B 53

B2B Accounts Payable Invoicing Currencies 53

PYMNTS

MARCH 11, 2016

foreign exchange payments company FairFX scored nearly $7.5 Research released this week said Indian B2B startups are set to see a collective valuation of $50 billion by 2025. This time, the U.S. failed to make an appearance. Instead, we see multi-million-dollar deals from hotspots like India, China and the U.K. Commercial Cards.

B2B 40

B2B Startups Foreign Exchange eCommerce 40

Future CFO

MARCH 30, 2020

Inventory valuation: this will need a rethink if traditional purchasing arrangements are no longer valid and companies need to find new ways of getting the goods they need. Foreign exchange volatility: ask how this will look in the accounts. Assess whether the audit will be completed in time for filing the financial statements.

Foreign Exchange 40

Foreign Exchange Accounting Auditing Valuation 40

Global Finance

JULY 29, 2024

Fintech valuations, by contrast, are high, and that may limit outright acquisitions by conventional banks looking to take their rivals’ innovations in-house. Challenger banks and neobanks have gnawed away at conventional banks’ market share and are a preoccupation of C-suite executives.

Mergers and Acquisitions (M&A) 59

Mergers and Acquisitions (M&A) Banking Profit and Loss Foreign Exchange 59

PYMNTS

OCTOBER 4, 2019

With $100 million in new funding, Rapyd plans to expand its API platform used by business clients to empower its own capabilities, including online checkout, funds collection, funds disbursement, compliance, foreign exchange management, card issuing and more. Both Greensill and SoftBank declined to comment.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

MARCH 1, 2016

Alternative finance, challenger banks and foreign exchange players collectively made up 46 percent of funding in the country, though none of these segments secured more than 20 percent of the backing. investments last year.

B2B 40

B2B Foreign Exchange Accounts Payable Startups 40

PYMNTS

JANUARY 29, 2018

It’s hard to wrap your head around the valuations … and what is driving them, other than the expectation that at some point it will all get figured out and work,” Webster said. Ripple’s xRapid is a foreign exchange investment vehicle that allows companies to take their U.S.

Planning 48

Planning Currencies Foreign Exchange Valuation 48

PYMNTS

NOVEMBER 2, 2018

Ersek explained that Western Union is leveraging its money movement platform to handle the complex foreign exchange and settlement process that gives Amazon the ability to tap into consumer markets in the 200 countries that Western Union serves.

B2B 49

B2B Foreign Exchange eCommerce Currencies 49

PYMNTS

SEPTEMBER 8, 2016

When those parents in China send their $60,000 to MIT via Flywire’s platform, Frere explained, they are given a real-time rate based on current foreign exchange rates between their home country and where the money is being sent. Being Prepared For What’s Next. “For us, it’s a competitive advantage,” Frere said.

Foreign Exchange 43

Foreign Exchange Currencies Valuation Accounting 43

PYMNTS

AUGUST 3, 2016

” The firm then continued to raise a further £1 million in oversubscribed crowdfunding giving Revolut a market valuation of £42 million. What might have investors fired up about Revolut is its potential to provide corporate foreign exchange services.

Currencies 40

Currencies Foreign Exchange B2B Investments 40

Musings on Markets

OCTOBER 25, 2022

I will use this section to clarify what free cash flows are trying to measure, how they get used in investing and valuation, and the measurement questions that can cause measurement divergences. and which ones to include (cash acquisitions, foreign exchange gains or losses etc.) What is Free cash flow (FCF)?

Valuation 107

Valuation Profit and Loss Forecasting Investments 107

CFO News Room

JANUARY 8, 2023

I will use this section to clarify what free cash flows are trying to measure, how they get used in investing and valuation, and the measurement questions that can cause measurement divergences. and which ones to include (cash acquisitions, foreign exchange gains or losses etc.).

Valuation 130

Valuation Profit and Loss Forecasting Investments 130

PYMNTS

FEBRUARY 28, 2019

However, managing foreign exchange (FX) risk is part of the territory — and, as he told PYMNTS, a calculated approach to currency exposure is key. Businesses that set up operations, raise debt or make investments in other jurisdictions can experience devastating valuation shocks as exchange rates change.

Risk Management 53

Risk Management Currencies Foreign Exchange Forecasting 53

Barry Ritholtz

FEBRUARY 20, 2024

But, but, you know, we, I focused mostly on fixed income and foreign exchange. 00:07:47 [Speaker Changed] So, so after, you know, more than 20 years at Goldman, you joined the New York Fed in 2007, overseeing domestic and foreign exchange trading operations, 2007, that, that’s some timing.

Treasury 59

Treasury Marketing Banking Economics 59