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In the fast-paced world of tech startups, strategic financial planning isn’t just beneficialit’s crucial. Start Your Financial Transformation Today with expert guidance from CFO Plans. The Impact of the CFO Role in Tech Startups The CFO role in tech startups is nothing short of transformative.
Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. Lendify said the latest funding round will help the company advance its European expansion plans. Last year Insight Investment supported the digital lender with a 1.5
Some startups focused on data aggregation to expand underwriting capabilities, while others operate platforms to facilitate financing. But it was a startup wielding the corporate card to enable digital lunch vouchers for employees that landed the largest round of the week. Utility account aggregation company Urjanet secured $14.65
Silicon Valley’s Ripple , a blockchain payments startup, has filed a trademark with the U.S. Peter Brandt said on Twitter that the Securities and Exchange Commission would have declared XRP a security if it “understood cryptos,” per Cointelegraph. Since its founding in 2012, Ripple has received funding totaling $293.8
Early in his career, Lior Maza chose to immerse himself in smaller, venture-backed startups rather than large enterprisesa move that exposed him to a range of responsibilities, from fundraising and recruiting to crisis management. With more than 15,000 customers in 17 countries, Prioritys global footprint continues to expand.
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Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management. But the leader of the pack goes to one corporate travel and expense management startup that impressed investors despite a business trip slump. Bookkeeper360. CreditEnable.
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.
Rail Baltica secured an additional 1.4 The plan is to raise the defense budget to at least 4% of GDP in 2026. In January, the government introduced a temporary solidarity contribution (TSC) on credit institutions to help cover national security costs. million Official languages: Latvian (56.3%), Russian (33.8%), other 0.6%
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Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.
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Ten years later, their latest venture – a line of healthy, egg white-based chips called Quevos – just secured a roughly $400,000 investment on the ABC TV reality show “ Shark Tank ” from Daniel Lubetzky, who invented Kind Bars. “I A Five-Year Plan . I am excited to help Nick and Zack fulfill Quevos’ potential.
” Only a few months later, the Swiss Bankers Association (SBA) also announced plans to ease regulatory red tape on the nation’s crypto and blockchain businesses, to address what it described as an “exodus” of blockchain projects, shifting their home bases from Switzerland to other markets.
Securities and Exchange Commission (SEC), said that tech startups may be able to raise money using digital tokens under current law, but that there would be stipulations, according to a report by Reuters. Hester Peirce, a financial regulator at the U.S.
Zomato , the $3 billion Indian food startup, has been cut off from its biggest Chinese investor Ant Financial amid new Indian regulations, The Financial Times reports. As such, Chinese companies and Indian startups relying on their investments have all been impacted.
Investors found promise in startups that target financial institutions (FIs) with software to improve their own services, as well as FinTechs that offer small business solutions by wielding their bank data. But the biggest round of the week went to a challenger bank, which also secured unicorn status with its latest funding.
This week’s look at the latest funding for B2B FinTech and other startups showcases an investor appetite for security, data and business intelligence, with nearly $63.5 California- and Israel-based Ermetic is another newly funded B2B startup focused on enterprise security. PYMNTS rounds up the latest deals below.
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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.
More than $25 million in new funding landed at B2B FinTech startups this week, making it one of the slower VC roundups for the B2B landscape this year. As organizations accelerate their sales digitization efforts, B2B eCommerce has jumped to the top of strategic planning initiatives.
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. Riskified does not comment on its financial plans,” a representative for the company said. In a blog post , the company outlined its views on fraud in eCommerce.
Below are the startups that raised capital in May, according to data compiled by BostInno. Boston-based Jellyfish, a startup behind an engineering management platform, raised more than $12 million in Series A funding from Accel and Wing Venture Capital. LaunchPad Medical of Lowell received a $2.5
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Mobvoi, a China-based artificial intelligence (AI) startup, has almost secured funding to value the company at upwards of $1 billion before an initial public offering, according to a report by Bloomberg. The startup has a partnership with Google through its Voice Assistant and Wear operating system. It also comes as the U.S.
The State Bank of Vietnam granted FinTech startup GPay a 10-year license to provide intermediary payment services in the country — electronic payment portals, payment services, digital money transfer services and eWallet services. The technology holding company also has member businesses in gaming, security and financial services. .
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Singapore-based app Grab has launched an accelerator program for startups in Vietnam, according to a report by Deal Street Asia. The initiative, called Grab Ventures Ignite (GVI), is part of the “Grab for Good” development plan in the country.
DoorDash , the San Francisco-based prepared food delivery service, is planning to go public by year’s end, Bloomberg reported, citing sources. The food delivery giant’s plans for an initial public offering (IPO) come as Airbnb Inc, Asana Inc., also plan to debut as public companies this year. Palantir Technologies Inc.,
Fluree, a database management startup based in North Carolina, has raised $4.7 It has the ability to make the data immensely collaborative by allowing multiple parties to actually interact with it and improve security, and it really allows you, especially with how we’ve organized our database, to get better leverage out of the data.”.
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11) filing with the Securities and Exchange Commission (SEC). The Silicon Valley startup is planning to offer 24.6 The startup had originally said it would go public before the end of 2020 but postponed plans. billion, according to a Monday (Jan. Affirm intends to list on the Nasdaq under the ticker AFRM.
Venture capital appears to be picking back up in the B2B technology startup community. But it was one startup, which helps other businesses launch their own subscription service offerings, that secured the largest round of the week, perhaps reflecting the rising tide of companies looking to shift business models amid market uncertainty.
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