PYMNTS

OCTOBER 16, 2020

billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. London is in second place globally with those numbers, the release stated, with first place going to San Francisco with $5.1 billion in investments. billion in investments.

Investments 106

Investments Numbers Marketing Accounting 106

PYMNTS

JUNE 3, 2020

SoftBank is rolling out a $100 million loan fund targeted exclusively at minority-led startups, in the latest move by a big corporate player to address racial inequities in the United States amid coast-to-coast protests over police brutality. We have to put money behind it, set plans and hold ourselves accountable,” Claure wrote.

Startups 53

Startups Economics Investments Numbers 53

Nerd's Eye View

SEPTEMBER 4, 2023

This month's edition kicks off with the news that WiserAdvisor, one of the longest-running lead generation services in the industry, has acquired IndyFin, a startup advisor rating platform that had aspired to be the 'Yelp for Advisors' – which on the one hand provides WiserAdvisor with an opportunity to jump into the business of client reviews (..)

Startups 88

Startups Technology Investments Planning 88

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. But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

APRIL 22, 2020

With a managed accounting service (MAS) created for startup founders and chief financial officers (CFOs), AcctTwo has rolled out service called MAS for SaaS. By decreasing the number of tasks IT departments need to complete and removing manual processing tasks, the process is accelerated.

Accounting 52

Accounting Reconciliations Leverage Startups 52

PYMNTS

OCTOBER 14, 2016

Though South Korea’s startup ecosystem is relatively new — its first accelerator was launched just three years ago — the culture is evolving quickly. In this edition of PYMNTS’ Weekly Tech Center Roundup , we head to South Korea to see what’s driving the growth of its startup scene, and why investors around the globe are taking notice.

Startups 76

Startups eCommerce Investments Education 76

PYMNTS

JUNE 5, 2019

Grow Mobility, the company that operates electric scooter and bikesharing startups Grin and Yellow, is merging with Flinto, the payments startup. Flinto is available for the unbanked and for people with bank accounts. Those who don’t have cash are able to deposit money at shops and restaurants, the report said.

Startups 46

Startups Healthcare Investments eCommerce 46

Future CFO

AUGUST 12, 2021

Global fintech investment reached US$98 billion across 2,456 deals in the first half of 202 — outpacing last year’s annual total of $121.5 M&A deals continued at a healthy pace, accounting for $40.7 M&A deals continued at a healthy pace, accounting for $40.7 billion of investment globally. After falling to $4.7

Investments 40

Investments Valuation B2B Startups 40

PYMNTS

SEPTEMBER 26, 2019

Beyond Pricing, a startup that helps Airbnb users manage what to charge using an algorithm that calculates numerous factors, has raised $42 million in a funding round. The startup has been very popular, and has grown from covering 26 cities to 7,000, and from four employees to 60. I’m a huge data nerd.

Startups 43

Startups Investments Numbers Accounting 43

The Charity CFO

APRIL 15, 2022

During the “Great Recession,” nonprofits have lost their accountants and financial directors at record rates. And they’re tired of the hamster wheel of hiring, re-hiring, training, and re-training bookkeepers and accountants. So why do accountants leave nonprofit organizations? Why Do Nonprofit Accountants Quit?

Nonprofit 52

Nonprofit Accounting CFO Problem Solving 52

PYMNTS

DECEMBER 1, 2017

Here are the numbers: $70 billion | Current valuation of Uber, a ridesharing company which has raised more than $11.5 117 million | Value of investment activity in the Chinese economy this quarter to date, far below the roughly $540 million estimated for the same period last year, though there are still a few weeks left for it to catch up.

Investments 53

Investments B2B Valuation Startups 53

Nerd's Eye View

JANUARY 1, 2024

This month's edition kicks off with the news that held-away asset management platform Pontera has raised $60 million in venture capital funding as advisors increasingly seek to directly manage clients' 401(k) and other outside assets – although an ongoing investigation by Washington state regulators over whether advisors' use of Pontera violates (..)

Planning 80

Planning Compliance Technology Startups 80

PYMNTS

JULY 3, 2018

In the life of a startup, there’s no better news than growth, be it across new verticals, devices or geographies. As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints.

Startups 40

Startups Compliance Currencies Leverage 40

Nerd's Eye View

NOVEMBER 6, 2023

And be certain to read to the end, where we have provided an update to our popular "Financial AdvisorTech Solutions Map" (and also added the changes to our AdvisorTech Directory) as well!

Valuation 81

Valuation Compliance Practice Management Technology 81

PYMNTS

DECEMBER 11, 2017

Accounting software that boosts automation isn’t taking jobs away from human accountants. But it is altering the profession, with more small businesses seeking advisory services from their accountants and bookkeepers. Accountants are starting to pay attention to upcoming disruption too. 61 percent of U.S.

Accounting 42

Accounting Benchmarking Accounts Payable CFO 42

Barry Ritholtz

JANUARY 24, 2024

Full transcript below. ~~~ About this week’s guest: Ari Rosenbaum serves as the Director of Private Wealth Solutions at O’Shaughnessy Asset Management , now part of investing giant Franklin Templeton. One of the most popular innovations of the past 50 years has been the tax-qualified account. What about your taxable accounts?

Concentration 94

Concentration Investments Accounting Marketing 94

Nerd's Eye View

OCTOBER 2, 2023

Welcome to the October 2023 issue of the Latest News in Financial #AdvisorTech – where we look at the big news, announcements, and underlying trends and developments that are emerging in the world of technology solutions for financial advisors!

Communication 87

Communication Tax Planning Technology Planning 87

PYMNTS

DECEMBER 2, 2019

The payments landscape has evolved over the past few years to embrace other flows across consumer-to-business (C2B), healthcare and business-to-business (B2B) use cases — and open up investment opportunities for those with great tech, but no way to scale it. And it’s not overfunded by a little bit,” he told Webster of challenger banks.

Investments 50

Investments Healthcare Startups Valuation 50

CFO News Room

NOVEMBER 23, 2022

And for advisors who serve self-employed clients, managing a solo 401(k) plan is often a different process than managing other types of investments. But alongside those advantages, there are some specific rules and regulations that are unique to solo 401(k) plans, which can add to the complexity of setting up and maintaining a plan.

Planning 130

Planning Mergers and Acquisitions (M&A) Investments Accounting 130

PYMNTS

DECEMBER 19, 2016

More than $109 million was invested in alternative lending by state-owned British Business Bank (BBB), according to reports last week. According to reports, the BBB invested nearly $75 million in Funding Circle, nearly $19 million in MarketInvoice and about $12.5 The use of U.K. The use of U.K.

Numbers 44

Numbers Finance Investments Banking 44

PYMNTS

MARCH 14, 2016

billion come into its financial startups from investors across a variety of stripes, which is quadruple the investment activity of a year ago, Reuters reported. That means the region is becoming a sweet spot for FinTech investment. The global investment activity in the space stood at $19.1 As a region, Asia has seen $4.5

Investments 41

Investments Valuation Startups Numbers 41

PYMNTS

MARCH 7, 2017

Aiming to back and support FinTech startups focused on the underserved, Accion International and VC Quona Capital raised $141 million in funding. According to a report , the funding came from multiple institutional investors in support of FinTech startups that focus on those who are shutout of traditional banking systems around the globe.

Startups 40

Startups Education Financial Systems Economics 40

PYMNTS

NOVEMBER 16, 2018

RPA is igniting chatter in the corporate finance community as professionals explore next-level analytics and automation functionality to enhance processes like accounts payable, accounts receivable, cash flow management and more. The investment now values Automation Anywhere at $2.6

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

OCTOBER 8, 2019

In terms of the total amount invested to date in FinTechs, as tracked by PYMNTS via the India FinTech Tracker, the year to date tally stands at just under $3.7 Taking the pulse of where we stand coming into the last few months of 2019, deal activity has seemingly been concentrated within the alternative finance and investment arenas.

Finance 57

Finance Concentration Startups Investments 57

PYMNTS

OCTOBER 13, 2019

The largest FinTech startup in Latin America — Brazil’s Nubank — is reporting a 25 percent increase in the number of clients since August, Reuters reported on Friday (Oct. The digital bank said at the Brazil Investment Forum in Sao Paulo that it has 15 million clients, according to Nubank founder and CEO David Vélez.

Startups 60

Startups Banking Investments Accounting 60

PYMNTS

APRIL 19, 2017

A biometric security startup with a fast growing membership-based secure identification program just recently scored a considerable amount of additional funding. A number of industries regard biometric technologies as the future direction of identity authentication.

Startups 40

Startups Securities Leverage Numbers 40

PYMNTS

AUGUST 12, 2020

As detailed by NPR, though at least some verticals, such as grocery stores, accept card transactions (and thus see at some volume of contactless payments), a significant number of smaller businesses rely on cash to keep revenues coming in. Germany trailed at seventh place, with 100 FinTech startups and $3 billion in funding.

Startups 88

Startups eCommerce Forecasting Banking 88

CFO Share

OCTOBER 6, 2023

For the passionate startup founders and dedicated SMB CEOs, knowing the true value of your business isn’t just about numbers; it’s about the heart and soul you’ve poured into your venture. As we journey through this article, we’ll illuminate the core factors that breathe life into the valuation of your business.

Valuation 52

Valuation Financial Analysis Startups Benchmarking 52

PYMNTS

FEBRUARY 14, 2017

While many might have been surprised by House of Fraser’s announcement that it was investing at least £35 million in Tandem, a U.K. startup that’s building an app-only bank, the department store’s chairman said the deal “is just one illustration of how we’ll deliver a meaningfully different set of services to our customers.”

Investments 40

Investments Valuation Startups Banking 40

The Finance Weekly

JANUARY 12, 2023

While tech companies seemed to take the brunt of it, many startups, banks, manufacturers and online platforms also conducted mass layoffs. He reported that 96 percent of the company's annual contract value (ACV) was being delivered by just 50 percent of sales account executives. "We In 2022, more than 120 large U.S.

Economics 105

Economics Restructuring Manufacturing Startups 105

BlueLight

AUGUST 21, 2020

Financial Advice for Startups I recently spoke with finance leaders from a couple dozen startups. In these conversations, I observed that each finance leader had a different perspective and approach when engaging with their financial accounting partner. Our service covers anything in the back office related to numbers.

Planning 52

Planning Marketing Startups CFO 52

PYMNTS

JANUARY 12, 2020

Sujith Narayanan and Sumit Gwalani, both co-founders of Google Pay India — formerly called Google Tez — said the seed funding brings the neo-bank startup epiFi to a valuation of roughly $50 million. They want insurance, lending, investment opportunities and multiple products,” said Narayanan, epiFi CEO. billion into startup lenders.

Concentration 40

Concentration Startups Valuation Financial Systems 40

The Charity CFO

MAY 13, 2022

A private foundation is a 501(c)(3) nonprofit that generates much of its support from a small number of sources and investment income. And you’ll avoid paying taxes on any investment income as well. There are many more charities than foundations in the USA, with charities accounting for over 75% of all nonprofit revenue.

Nonprofit 97

Nonprofit CFO Accounting Investments 97

PYMNTS

APRIL 15, 2020

Andreessen Horowitz is aiming to start a new cryptocurrency investment fund and to get $450 million for that endeavor, even as the global pandemic spooks most investors into conservative standpoints for now. Horowitz boasted a $350 million haul raised in 2018 to go toward startups. The firm did not comment on that.

Investments 56

Investments Currencies Startups Finance 56

PYMNTS

DECEMBER 19, 2019

No cards or account numbers are needed. There is no need to enter an IBAN number. “At In other QR code news, the Alibaba Group said last month that it is planning to invest about $21 million in a milk delivery startup that uses an SMS or QR code to allow people to pick up orders from nearby refrigerators.

Banking 52

Banking Startups Investments Numbers 52

PYMNTS

SEPTEMBER 30, 2020

This will allow Kakao Pay to "cover all areas of finance, with the exception of banking, which is accounted for by Kakao Bank," the report stated. and boasts over 34 million users, which is the largest number for a domestic mobile platform, the report stated. The company has tapped KB Securities Co.

Startups 60

Startups Securities Finance Banking 60

PYMNTS

JANUARY 10, 2020

As far as investments go, SoftBank’s Vision Fund’s recent bumps and bruises, and the state of many of its once high-flying holdings, bring to mind that scene in a long-ago Monty Python movie focused on the Holy Grail. In that film, the plague has struck, and the carts are in the streets collecting the bodies…. Bring out your dead.”.

Profit and Loss 52

Profit and Loss Construction Startups Investments 52