CFO News

JUNE 11, 2024

Ola Electric has received approval from Sebi for the first EV startup IPO in India. The Bengaluru-based company is eyeing a $6-billion valuation through the public offering. This would be among the biggest new-age IPO in India this year. Swiggy and FirstCry have also filed their draft IPO paper and awaiting regulatory clearance.

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Securities Valuation Startups 40

PYMNTS

JANUARY 15, 2021

Poshmark saw its valuation more than double following its Nasdaq debut, with shares closing at $101.50, the Wall Street Journal (WSJ) reported on Thursday (Jan. Poshmark’s valuation is now over $3 billion, up from $1.25 Poshmark joins a slew of digital startups filing IPOs as the coronavirus pandemic continues to fuel eCommerce sales.

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Valuation Startups eCommerce Sales 60

PYMNTS

JULY 24, 2020

London startup mobile bank Revolut Ltd. has secured $80 million in new funding at a $5.5 billion valuation as part of its Series D round that kicked off five months ago. The new funding is an extension of that round to $580 million while the valuation remains the same, the company said.

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Startups Foreign Exchange Valuation Invoicing 102

PYMNTS

MARCH 1, 2020

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. Lead book-running managers for the IPO included Goldman Sachs, Morgan Stanley and BofA Securities.

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Valuation Startups Transportation Securities 66

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.

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Startups Valuation Manufacturing Securities 60

PYMNTS

SEPTEMBER 18, 2020

What shall we make of private fundraising rounds that make valuation leaps, tacking on billions of dollars with each new capital raise? News about Chime ’s latest funding round might give pause when comparing the tech-savvy upstart’s valuation against some traditional banking players. billion garnered only 18 months ago. With the $14.5

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Valuation Banking Startups Economics 56

PYMNTS

NOVEMBER 19, 2020

Silicon Valley buy now pay later (BNPL) payments startup Affirm filed an initial public offering (IPO) for a Nasdaq listing, Affirm said in a statement on Thursday (Nov. When Affirm filed a draft IPO , its estimated valuation was about 10 billion. According to the U.S. It was valued at $2.9 billion in April 2019.

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Startups Valuation Securities Technology 73

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.

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Valuation Accounts Payable Reconciliations Startups 57

PYMNTS

MAY 8, 2020

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.

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Securities Banking Startups Pharmaceutical 64

PYMNTS

SEPTEMBER 15, 2016

The enterprise security space is ballooning with new players, and one of them wants to remain competitive with its latest funding round. Reports cited Gartner research forecasting the enterprise security industry to see a $23 billion valuation by the end of the decade. 14) led by Riverwood Capital.

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Securities Startups Valuation Budgeting 59

PYMNTS

MARCH 28, 2017

While the company did not disclose how much it raised, COO and cofounder Ryn Hermawan told e27 that he estimates the company’s valuation to be about $75 million. Mbiz, based in Indonesia, launched about a year ago and recently raised new financing. Tokyo Century Corporation led the funding, reports added.

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B2B Startups eCommerce Securities 47

PYMNTS

APRIL 8, 2019

digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in Britain. According to The Guardian , Monzo is close to securing £100 million from a new, unnamed American investor. million customers.

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Valuation Banking Investments Startups 47

Boston Startup CFO

SEPTEMBER 9, 2015

For many startups, the short answer is “no.” Some startups can create their own 409A valuation report for $0 using a DIY 409A calculator. This means that all startups — no matter how early the stage — must have a business valuation performed before issuing stock options to justify their choice of strike price.

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Valuation Startups Compliance Auditing 52

PYMNTS

MARCH 1, 2019

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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B2B Securities Investments Startups 75

Global Finance

JUNE 18, 2024

The Hyundai India IPO that was announced earlier this year has become a bellwether for the health of Indian stock markets and particularly its IPO market, now that the South Korean carmaker has reportedly filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) on June 15.

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Marketing Valuation Securities Manufacturing 105

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. At vcfo, our mission is always to make your company stronger.

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Startups Leadership CFO Leverage 58

PYMNTS

NOVEMBER 21, 2016

FreeAgent broke ground with the listing but, according to reports, missed the mark on valuation. 18) reports said FreeAgent has become the first IPO on the market delivered by an equity crowdfunding platform, Seedrs, which launched a funding campaign for the startup last year. Friday (Nov. million) for the company. million ($13.2

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Startups Accounting Valuation Benchmarking 77

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.

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Startups Banking B2B Valuation 43

CFO Plans

AUGUST 9, 2024

Virtual CFO Solutions for Startups and Small Businesses For startups and small businesses, Virtual CFO solutions offer a flexible and cost-effective alternative to traditional CFO roles. Financial consulting for real estate offers tailored advice on investment strategies, cash flow management, and property valuation.

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Accounting Tax Planning CFO Startups 52

Nerd's Eye View

NOVEMBER 6, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: FinanceHQ has launched as a new digital lead generation platform for financial advisors, which takes a more niche-focused approach to matching prospective clients with advisors – representing a bet that capturing prospects (..)

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Valuation Compliance Practice Management Technology 91

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

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Valuation Reconciliations B2B Startups 43

PYMNTS

MAY 29, 2018

Whenever it happens, it’s safe to say that a $150 billion valuation would make Ant’s IPO one of the biggest ever, putting it ahead of Facebook ’s $104 billion IPO in 2012 and behind Alibaba’s $168 billion IPO in 2014. Venture capital was provided by Sequoia Capital , a firm which normally invests in early-stage startups.

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Valuation Investments Startups eCommerce 40

PYMNTS

OCTOBER 5, 2018

Business credit card startup Brex has confirmed earlier reports of its pursuit of unicorn status. The company is first targeting tech startups, which have trouble getting banked and accessing capital — even startups that raise a significant amount of money. billion just a little over three months after launch.

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Valuation Startups Investments Securities 57

PYMNTS

OCTOBER 20, 2017

With more than $172 million raised in total, it was a healthy week for B2B startups, though one clear winner emerged: cybersecurity, which landed nearly 70 percent of the total funding. Two cybersecurity companies came out on top, but they both focus their enterprise security efforts in different ways. Duo Security.

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Startups B2B Treasury SAP 43

PYMNTS

JUNE 25, 2018

The world’s startups are having a good year. The 2018 Q1 saw a combined valuation of VC investments nearing $50 billion — the fourth quarter in a row where VC funding has surpassed $45 million, KPMG noted. Though a startup could secure millions in venture capital funding, it could still take years to turn a profit.

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Startups Banking Profit and Loss Healthcare 52

PYMNTS

JANUARY 18, 2017

New York City-based subscription model and B2C eCommerce enabler startup OrderGroove recently raised $20 million in a Series C venture funding round led by National Securities Corporation. OrderGroove has yet to disclose its valuation for this current round.

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Startups B2C Valuation eCommerce 48

PYMNTS

MARCH 21, 2017

Technology startup Nested has built a platform that boasts the ability to allow homeowners to sell properties at a fair price within 90 days. based startup, which currently operates in London zip codes only, just recently scored additional funding to the tune of £8 million ($9.88 Founded in 2016, the U.K.-based million ($11.4

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Startups Valuation Sales Securities 40

CFO Talks

OCTOBER 2, 2024

This is particularly damaging for high-tech startups and innovative sectors where continuous investment is key. Missed Opportunities for Investment: Companies that are unable to properly capitalize their intangible assets may struggle to secure funding or attract investors.

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Accounting CFO Economics Accounting Standards 98

PYMNTS

SEPTEMBER 13, 2016

One startup looks to tackle that challenge and announced on Monday (Sept. The company also pointed to the spiking demand for cloud billing solutions, citing research from Agile Monetization Platform that found software is headed for a $102 billion market valuation in 2020. 12) that it raised new funding for its solution.

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Securities Valuation Startups eCommerce 63

PYMNTS

JANUARY 11, 2021

The FinTech startup has already created several financial services products, including cryptocurrency and stock trading, savings wallets, junior accounts and rewards. The London-based FinTech was founded in 2015 and has secured more than $580 million in funding on a $5.5 billion valuation.

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Valuation Startups Leadership Banking 86

PYMNTS

DECEMBER 1, 2017

This week’s B2B venture capital breakdown is an impressive blend of startups and, together, they’ve raised more than $279 million. But there is a clear common thread among the B2B startups that secured fresh funding this week: data analytics. billion valuation. Blockchain. B2B eCommerce. Corporate Culture.

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Startups B2B Transportation Auditing 47

PYMNTS

JULY 10, 2020

Taulia , a B2B FinTech startup, made headlines this week thanks to reports that the company is raising funds from Ping An Insurance Co. As discussions about Taulia’s fundraise continue, below, PYMNTS looks at the latest venture capital rounds that were secured this past week, with a combined $45.87 Morgan Chase & Co.

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B2B B2C Valuation SAP 77

PYMNTS

JULY 17, 2020

Several B2B FinTechs topped the list in Q2, however, including commercial card startup Brex, which raised $150 million, as well as global business account service provider Airwallex with $160 million and small business alternative lender Fundbox with a $200 million raise — the largest of the quarter. ’s Ravelin secured $20.6

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B2B Investments Accounts Payable Startups 90

Barry Ritholtz

AUGUST 21, 2024

Full transcript below. ~~~ About this week’s guest: Professor Aswath Damodaran of NYU Stern School of Business is known as the Dean of Valuation. He has written numerous books on valuation and finance. Now, So that’s a minor benefit, but also brings the benefit of more financial security.

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Valuation Startups Investments Numbers 62

PYMNTS

SEPTEMBER 15, 2016

14), Concur secured a deal to purchase Hipmunk. While financial details of the transaction weren’t made public, reports said Hipmunk has raised about $55 million in investment since 2010, with its last valuation in 2014 landing at around $96 million. According to TechCrunch on Wednesday (Sept.

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Startups SAP Valuation Securities 57

PYMNTS

JULY 14, 2017

one startup operating in a B2B FinTech industry rarely seen on the VC roundup landed the second-largest investment round of the week. PayStand is one of two startups chosen by new venture capital fund LEAP Partners I, run by LEAP Global Partners, for its first investments. Enterprise Security. But — surprise! — Deep Instinct.

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B2B Startups B2C Cash Management 53

PYMNTS

AUGUST 7, 2020

Talk of a venture capital plummet continues to grow, particularly in Europe, where new data from Consultancy Europe revealed that the number of venture capital deals for startups across the continent has declined every quarter since Q1 2019. based small business lending platform iwoca, which secured $131.45 million this week.

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