Global Finance

SEPTEMBER 5, 2024

Stockholm-based Klarna is believed to have a valuation of about $20 billion in advance of the IPO. Its status as a rising star in Europe’s fintech firmament took it to a valuation of $31 billion in March 2021, increasing to $45.6 The planned listing will shape the next phase in Klarna’s global expansion. billion in July 2022.

Sales 105

Sales Valuation Startups Finance 105

PYMNTS

NOVEMBER 24, 2020

Record sales following a massive staff reduction prompted point-of-sale (POS) restaurant technology (ResTech) startup Toast to hold a share purchase offering on an $8 billion valuation. The secondary offering gives Boston-headquartered Toast a valuation of about $8 billion, up from a $4.9 billion valuation. .

Startups 92

Startups Valuation Sales Planning 92

PYMNTS

JUNE 16, 2020

bank Monzo , fresh off a round of layoffs, has taken a major hit from the coronavirus pandemic, as shown by a funding valuation that is 40 percent lower than its valuation last year. billion valuation a year ago, as reported by PYMNTS , while talks were in progress. Online U.K. billion, down from its $2.5

Valuation 94

Valuation Startups Banking Numbers 94

PYMNTS

JANUARY 20, 2019

Lime and Bird , the two electric scooter startups that raised hundreds of millions of dollars in funding in 2018, are aiming to raise more but at a lower valuation. That is under the $3 billion or higher valuations they were fetching in years past. But with the lower valuations, it appears that business is starting to fray.

Valuation 62

Valuation Startups Investments Numbers 62

PYMNTS

SEPTEMBER 26, 2018

Stripe, the payments startup, has raised $245 million in a new round of venture funding, giving the company a valuation of $20 billion. According to the report, the company plans to use the funding to hire more employees for its global engineering team. “We

Valuation 73

Valuation Startups Economics Investments 73

PYMNTS

DECEMBER 11, 2020

A new funding round for the Stockholm-based FinTech Tink boosted the startup’s valuation over 60 percent to €680 million ($825 million), according to a CNBC report on Friday (Dec. The firm’s valuation is up more than 60 percent from the €415 million it was worth in January, the sources said. 11), citing sources.

Startups 86

Startups Valuation Banking Investments 86

PYMNTS

NOVEMBER 14, 2018

Grocery delivery startup Instacart raised an extra $271 million in November, bringing its latest round of funding to $871 million. billion valuation, the publication said. billion valuation, the publication said. Last month, it was revealed that Instacart raised $600 million, giving it a valuation of $7.6

Valuation 62

Valuation Startups Retail Investments 62

PYMNTS

JANUARY 4, 2019

Coffee startup Luckin plans to open 2,500 new stores in China this year to overtake Starbucks in the country. Luckin plans to open a total of more than 4,500 stores by the end of 2019, which would overtake Starbucks, which has more than 3,600 stores in the country. The company plans to open another 2,000 stores by 2021.

Startups 55

Startups Planning Profit and Loss Valuation 55

PYMNTS

DECEMBER 5, 2019

Silicon Valley-based Chime has raised $500 million in a Series E funding round that sent its valuation soaring to $5.8 DST Global led the Chime’s previous funding round that closed in March, which valued the digital bank startup at about $1.5 billion, CNBC reported on Thursday (Dec. 5), citing sources. Chime’s account base is 6.5

Valuation 57

Valuation Banking Startups Accounting 57

PYMNTS

MARCH 27, 2019

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.

Startups 60

Startups Valuation Manufacturing Securities 60

PYMNTS

MARCH 5, 2019

now has a valuation of $1.5 According to a report in CNBC , the San Francisco startup said the Series D round of venture funding was led by DST Global , as well as new investors Coatue, General Atlantic, ICONIQ Capital and Dragoneer Investment Group. billion valuation, with DST leading the round. billion valuation.

Valuation 46

Valuation Startups Leadership Banking 46

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.

Startups 81

Startups Accounting General Ledger Forecasting 81

PYMNTS

DECEMBER 10, 2018

Bird and Lime , the two electric scooter sharing startups, have been reducing the amount they are seeking to raise from investors amid rising competition and vandalism of their scooters. The Wall Street Journal , citing people familiar with the discussions, reported that Bird plans to take on more investors at a $2 billion valuation.

Valuation 51

Valuation Startups Planning Sales 51

PYMNTS

SEPTEMBER 19, 2018

A robotics process automation (RPA) startup has just secured a $3 billion valuation as B2B FinTech continues to explore how the technology will disrupt the market. The funding, which also saw Accel participate, followed only a few months after the company raised $153 million, pulling UiPath’s valuation up to $1 billion.

Valuation 57

Valuation Accounts Payable Reconciliations Startups 57

PYMNTS

APRIL 26, 2019

Uber , the ride-hailing startup gearing up to go public via an initial public offering (IPO), is reportedly seeking a valuation of between $80 billion and $90 billion and is getting a $500 million investment from PayPal. It is also closer to the $76 billion valuation it had after its latest round of funding.

Valuation 56

Valuation Investments Profit and Loss Startups 56

PYMNTS

FEBRUARY 3, 2019

Venture capitalists are reportedly urging startup companies to curb their spending and hold on to more capital as concerns about the volatility in the stock market and the growth of the global economy are starting to worry them. Recently he has urged them to seek more cash now rather than later, even if it’s at less valuation.

Startups 43

Startups Valuation Investments Economics 43

PYMNTS

AUGUST 23, 2020

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.,

Planning 61

Planning Valuation Startups Finance 61

PYMNTS

OCTOBER 23, 2020

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. This startup connects founder and employees to a solution that can help them understand their equity.

B2B 63

B2B Startups Accounts Payable Compliance 63

PYMNTS

DECEMBER 3, 2018

China’s venture capitalists have started to take an interest in foreign startups in an attempt to find the next tech unicorn. This opens the door like never before to founders of foreign-bred startups with deep tech solutions that are serious about commercializing in the Chinese market.”. billion, $2.2 billion more than the US.

Startups 51

Startups Valuation Investments Planning 51

PYMNTS

NOVEMBER 25, 2020

Stripe Eyes Funding Round That Could Put Valuation at $100B. The FinTech Stripe is considering a funding round that could value it as much as $100 billion, which would make it one of the most valuable venture-backed startups in the country. Plus, Walmart will begin fulfilling some orders at local stores.

Valuation 78

Valuation Invoicing B2B Startups 78

PYMNTS

JULY 21, 2019

Indian hospitality business OYO now has a valuation of $10 billion after its founder, Ritesh Agarwal, purchased $2 billion in shares from Sequoia Capital and Lightspeed Venture Partners. There are also plans to invest $300 million in the U.S. OYO is active in 800 cities in 80 countries, with more than 23,000 hotels in its portfolio.

Valuation 46

Valuation Startups Finance Investments 46

PYMNTS

AUGUST 17, 2020

the commission-free online brokerage that offers a mobile app to invest in stocks, ETFs and options, announced a $200 million Series G funding, bringing its valuation to $11.2 Robinhood said it is planning to hire “hundreds” of registered financial services representatives this year in Southlake, Texas, and Tempe, Arizona.

Valuation 40

Valuation Education Investments Startups 40

PYMNTS

DECEMBER 3, 2020

Walmart -owned Indian eCommerce business Flipkart is planning to sell off a percentage of its digital payments division PhonePe in an effort to facilitate funding for expansion. . 3) that selling off a stake will give the startup “dedicated long-term capital to pursue our vision of providing financial inclusion to a billion Indians.”.

Planning 61

Planning Valuation Startups eCommerce 61

PYMNTS

OCTOBER 16, 2018

Instacart, the retailers’ delivery service, raised $600 million in a fresh round of funding, giving it a valuation of $7.6 According to a report in Recode , the funding round was led by D1 Capital Partners, the hedge fund, and comes just six months after the startup closed on a $350 million round of investing.

Valuation 43

Valuation Startups Retail Investments 43

PYMNTS

JANUARY 7, 2021

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. The deal would give SoFi a post-money valuation in excess of $8.65 V to file an initial public offering (IPO). . billion, with the goal of bringing FinTech businesses to public markets.

Planning 73

Planning Valuation Startups Cash Management 73

PYMNTS

JANUARY 6, 2020

Food software startup Olo, named after the phrase “online ordering,” has plans to file an initial public offering (IPO) in 2020, according to a report from Bloomberg. The company, which is based in New York, is looking for a $1 billion valuation. Olo has been interviewing possible advisers since the end of last year.

Valuation 52

Valuation Investments Startups Planning 52

PYMNTS

NOVEMBER 8, 2019

Following WeWork ’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. Potential investors wanted to know how those companies plan to turn a profit. WeWork abandoned its IPO plans after massive losses turned off investors. billion net loss. “A

Startups 40

Startups Profit and Loss Valuation Investments 40

PYMNTS

APRIL 23, 2019

Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. The startup’s Founder Pierpaolo Barbieri said the Chinese company would help Uala develop its app, among other things. The investment, he noted, will help to speed up Uala’s plans.

Startups 62

Startups Investments Banking Valuation 62

VCFO

MARCH 9, 2023

So how did Schoox move from a startup with a bold vision to a strong and rapidly growing organization with now more than 2,000 customers and 20 million learners around the world? The post From Startup to Sustainable Success– How Schoox Did It appeared first on vcfo. We are very proud of Schoox’s success and our part in it.”

Startups 58

Startups Leadership CFO Leverage 58

PYMNTS

DECEMBER 17, 2020

In today’s top news, GoCardless raised $95 million in a funding round, and BarkBox plans to go public via a special purpose acquisition company (SPAC). The startup will use the new funds to accelerate the company’s open banking strategy, enabling merchants to transparently and quickly process instant payments. Billion Valuation.

Valuation 58

Valuation Startups Banking Retail 58

PYMNTS

FEBRUARY 18, 2019

European tech startups are getting a new source of funding thanks to a new $200 million investment from Japan-based SoftBank. In all, Mubadala has earmarked $400 million for investment in European startups, according to reports. based robotics startup. Startup Worries. Vision Fund. That means this year it raised $5.43

Planning 51

Planning Startups Valuation Investments 51

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AUGUST 9, 2024

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Accounting 52

Accounting Tax Planning CFO Startups 52

PYMNTS

AUGUST 11, 2017

Coinbase has raised $100 million in a Series D funding round, giving the digital currency startup a post-money valuation of $1.6 During this same six-month period, the startup has also had a fourfold increase in new customers signing up for the platform. Following its new $1.6

Valuation 40

Valuation Currencies Startups Planning 40

PYMNTS

MAY 4, 2020

The FinTech startup, which works to help millennials get into equities, crypto trading and other options, has benefited from the quarantine’s effects as people stay at home and have time to explore new finance options. FinTech startups like Robinhood have been popular lately, attracting numerous new backers.

Valuation 52

Valuation Startups Cash Management Investments 52

PYMNTS

JULY 16, 2019

Indian hotel startup OYO, which is currently in 80 countries around the world, plans to expand into coworking spaces, according to a report by TechCrunch. OYO announced that it has acquired Innov8, a coworking startup that already has 200 workers and about 16 centers. It was acquired for $30 million. .

Startups 51

Startups Valuation Planning Marketing 51

PYMNTS

JUNE 28, 2019

Corporate travel and expense (T&E) management solutions provider TripActions led this week’s B2B venture capital roundup with its announcement of new funding that propelled its valuation to $4 billion. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

OCTOBER 18, 2019

American Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed at competing with industry newcomers like Brex, Bloomberg reports said on Thursday (Oct. “It’s a new data source and a new lens on underwriting,” Marrs told the publication.

Startups 43

Startups Banking B2B Valuation 43