CFO News Room

JANUARY 15, 2023

These tools, some originating from startups, offer the potential to make airline systems more automated and less dependent on older technologies that can require manual updates and are increasingly expensive to maintain, airline-industry consultants said. In addition to startups, aircraft and engine manufacturers such as.

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CFO News Room

NOVEMBER 15, 2022

Slumping markets have investors pulling back from funding startups that make internet-connected devices for retailers, threatening to choke an innovation pipeline for emerging tools like smart shopping carts and inventory management robots. Over the same period, investment dollars in IoT startups fell 57.2% billion, PitchBook said.

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Startups Retail Economics Technology 100

CFO News

NOVEMBER 19, 2023

Bengaluru has the highest number of women-led startups in India, followed by Mumbai and Delhi. However, the gender divide in the country's startup ecosystem is still prominent. Karnataka is the first state to provide a grant-in-aid of Rs 50 lakh to encourage women entrepreneurs.

Startups 52

Startups Numbers 52

PYMNTS

JANUARY 18, 2021

The number was 27.6 The average annual number of CFOs to leave their jobs was 25 over the past decade, the Journal reported, citing data from MyLogIQ. In 2020, there were 37 companies in the S&P 500, including big names like General Motors and HP , that said their CFOs would quit. percent higher than the previous year.

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Numbers CFO Budgeting Startups 73

PYMNTS

FEBRUARY 17, 2020

Venture capitalists in China are putting record levels of money into tech startups in India, raising questions about the ability of the geopolitical rivals to work cooperatively, the Financial Times (FT) reported on Monday (Feb. Indian startups can also be stigmatized for taking funds from Chinese venture capitalists.

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Startups Manufacturing Numbers Investments 91

The CFO College

AUGUST 31, 2021

Startups tend to operate on shaky ground. 90% of startups will fail - period. As an accountant or bookkeeper, you can help prevent startups from going under or losing profitability. The key is understanding a startup's challenges and providing solutions to facilitate company growth. startups need you. The truth is.

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Startups Accounting General Ledger Forecasting 81

Boston Startup CFO

APRIL 3, 2023

Every entrepreneur dreams of their startup skyrocketing to success. Fear not, dear startup founder, for we have a solution to ease your accounting woes—outsourcing. Here's how outsourcing your accounting can liberate you from number-crunching nightmares and help your startup flourish. Saving money, of course!

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Startups Accounting Compliance Financial Reporting 52

PYMNTS

APRIL 22, 2020

Paay, a startup credit card database storing millions of transactions, has been unsecured for weeks and only now closed again, according to a TechCrunch report. 1, 2019, showing the full plaintext credit card number, the expiration date and the amount of money spent, along with a partial showing of the credit card number.

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Startups Securities Numbers 97

Boston Startup CFO

FEBRUARY 28, 2023

And solid management information is a roadmap to your startup's triumph. You need to carefully select the KPIs that are most important to achieving your goals and keep the number of KPIs small, so everyone's attention stays focused. But why is measuring performance so crucial for startups? So, how do we use KPIs in practice?

Startups 52

Startups Performance Measuring Benchmarking Auditing 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. 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. One tool that can help with this is a chart of accounts.

Startups 52

Startups Accounting Compliance Financial Reporting 52

PYMNTS

MAY 22, 2020

a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand for fresh food at home, sources told Bloomberg News. So far, the startup has been valued at $3 billion. Beijing’s Missfresh Ecommerce Co., backed company. and Tiger Global Management.

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Startups Finance eCommerce Numbers 83

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.

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Numbers Startups Investments Economics 57

PYMNTS

NOVEMBER 13, 2020

Star Indonesian startup Gojek is moving closer to eventual profitability after staunching a tide of ink amid losses on core services like delivery and ride-hailing, according to a new report. That number hit 900,000 at the end of September, approaching double the 500,000 food vendors on Gojek’s platform at the start of the year.

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Startups Profit and Loss Numbers 88

PYMNTS

JANUARY 10, 2019

Payments can be very cyclical for clients of FinTech startups – they can be flooded Monday morning after a quiet Sunday. With that sudden rush of information, the startups need to rapidly adapt to handle that flow of information. “We However, FinTech startups can still face challenges with scaling their databases.

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Startups Technology Numbers 77

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 Budgeting Analyzing Data 52

PYMNTS

JANUARY 22, 2020

India’s technology startup community is enjoying its moment in venture capitalists’ spotlight. Analysts at Tracxn recently calculated that tech startups in the country raised a combined $14.5 The availability of funds at different stages of the startup lifecycle is not optimum. Funding Dead-Ends.

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Startups Finance Investments Banking 67

PYMNTS

OCTOBER 14, 2020

The Tokyo Stock Exchange Mothers Index , which tracks Japan’s startups, has climbed back up this year to finally match an earlier high set in 2006. Bloomberg reported that the startup index has gone up by more than 50 percent this year, despite the coronavirus pandemic. 2 best-performing equity index in the Asia-Pacific region.

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Startups Benchmarking Retail Numbers 56

PYMNTS

JUNE 4, 2020

Amazon-owned PayFort aims to support startups and small and medium-sized businesses (SMBs) in the Middle East with its #StartUpStayUp initiative. PayFort will waive the maintenance fees for all startups and SMBs. The PayFort team understands that this is a critical time for many startups and SMBs.

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Startups Entertainment Banking Numbers 58

Lime Light

AUGUST 29, 2024

In 2024, Chief Financial Officers (CFOs) aren't just number-crunchers. They're strategic visionaries navigating an increasingly complex global financial landscape.

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Budgeting Startups Numbers Financial Reporting 52

PYMNTS

APRIL 28, 2017

venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 Venture Capital Practice National Co-Lead Partner, and Co-Leader of its Enterprise Innovative Startups Network, Brian Hughes, investors across the world also had a clear vision for where they wanted to see their money go. According to KPMG’s U.S.

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B2B Numbers Startups Invoicing 77

PYMNTS

APRIL 8, 2019

An Israeli startup that creates anti-fraud services that deal with online transactions wants to raise $200 million for expansion, according to a report in Bloomberg. Many Israeli tech startups have attracted investor interest lately, and investment has increased in the past three years to the tune of 37 percent – a total of $856 in 2018.

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eCommerce Startups Investments Numbers 72

PYMNTS

JANUARY 19, 2020

Once calling itself the “Uber of pot,” Silicon Valley cannabis startup Eaze is struggling to pay vendors as it searches for a new round of funding, reports said on Thursday (Jan. Previous investors include 500 Startups, DCM Ventures, Slow Ventures, Great Oaks, FJ Labs, the Winklevoss brothers and a number of others.

Startups 57

Startups B2B Communication Investments 57

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. 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. One tool that can help with this is a chart of accounts.

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Startups Accounting Compliance Financial Reporting 40

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.

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Startups Investments Technology Numbers 61

PYMNTS

JANUARY 8, 2020

The number of deals with VC [venture capital] participation captured 60 percent of the total number of deals in 2019,” Zysman said. Capital was raised in a variety of technology fields — software, life sciences, semiconductors — although interest is highest in startups specializing in artificial intelligence (AI).

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Startups Investments Numbers Technology 64

PYMNTS

DECEMBER 2, 2020

Amazon is in talks to purchase of podcast maker Wondery , a startup that could help the tech giant push more into the burgeoning podcast sector, The Wall Street Journal (WSJ) reported Wednesday (Dec. podcast publisher in September, according to numbers from market watcher Podtrac , per WSJ.

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Startups Entertainment Advertising Education 67

PYMNTS

JANUARY 10, 2019

startups had a great 2018 in terms of funding, with new data showing that venture capitalists deployed $130.9 startups last year, the deal sizes across the entire VC spectrum were larger. The number of megadeals reached 199 in 2018. billion went to startups in 2,072 deals. billion, marking a new all-time high. billion.

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Startups Valuation Investments Economics 77

PYMNTS

SEPTEMBER 4, 2019

In India, funding activity over the past weeks headed into the end of August showed that eCommerce startups focused on home delivery gained traction, as measured by funding rounds. The startup also began operations in UAE recently. Expansion goals include doubling the number of these white label ATMs to more than 10,000 by 2021.

eCommerce 68

eCommerce Startups Investments Finance 68

The Finance Weekly

FEBRUARY 22, 2023

A startup usually can't afford to establish a complete finance organization with accountants, controllers, planners, and tax specialists right from the beginning. To establish an effective finance function for a startup, the process can be divided into three stages.

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Startups Finance CFO Forecasting 52

PYMNTS

SEPTEMBER 18, 2018

18), a San Francisco startup launched by sending roughly 60,000 credit cards to consumers living in northern California. This startup was a bank, and its innovation was a single card that could be used by consumers to purchase things on credit from many different merchants. The startup was Visa , of course.

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Startups Currencies Banking B2B 103

PYMNTS

OCTOBER 6, 2019

New internet startups in India are tumbling, pointing to the possibility of an overall decline in entrepreneurship, DealStreetAsia reported on Sunday (Oct. Although Indian startup funding has increased and the number of unicorns has tripled, the numbers are misleading. . Deals are also down in 2019. . billion USD.

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Startups eCommerce Finance Numbers 46

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

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Numbers Accounting CFO Financial Analysis 61

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.

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Startups Education Numbers Accounting 56

PYMNTS

JANUARY 6, 2020

To that end, as estimated by the research company Tracxn, India-based tech startups attracted a record amount of funding from investors – $14.5 And drilling down into the numbers, there were a total of 1,185 financing rounds, 459 of which were Series A rounds, funded by 817 investors. billion last year, better than the $10.6

Startups 52

Startups eCommerce Investments B2B 52

PYMNTS

NOVEMBER 12, 2018

Startups just in their infancy are getting attention from seed investors — but unlike the dotcom days when every idea got some form of funding, investors are being choosier, resulting in fewer deals but with the ones getting funding enjoying surging valuations. That is close to four times more than the $550,000 median back in 2013.

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Valuation Numbers Startups Investments 57

PYMNTS

MARCH 24, 2020

A new multibillion-euro stimulus package aims to keep French startups alive during the tumultuous and lagging economy of the coronavirus pandemic, according to a Bloomberg report. The package will be announced on Wednesday, although the French finance ministry has not named any exact numbers yet.

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Startups Finance Numbers Retail 40

PYMNTS

FEBRUARY 1, 2019

Home improvement startup Houzz revealed that it suffered a data breach. Though Houzz is still investigating, it said that sensitive personal information — such as Social Security numbers and payment card, bank account or other financial information — was not affected by the breach.

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Startups Restructuring Accounting Securities 80