PYMNTS

AUGUST 18, 2019

SoftBank is ready to lend up to $20 billion to its employees so they can buy stakes in a fund aimed to spark investment in cutting-edge technology companies around the globe. Sources told The Wall Street Journal that the firm’s CEO, Masayoshi Son , may account for more than half of that amount.

Investments 54

Investments Planning Startups Accounting 54

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? Forming the Foundation The visits of Schoox Founder and CEO, Lefteris Ntouanoglou, to the U.S. market and build on its momentum. “We

Startups 60

Startups Leadership CFO Leverage 60

PYMNTS

JANUARY 15, 2021

For larger firms, investment in digital-first solutions took on a new priority to promote business continuity while professionals worked from home. One of those is to support a remote workforce, and while Lee said Proper had plans to embrace the work-from-home strategy, the pandemic reinforced that plan. “We

Startups 66

Startups Accounts Payable eCommerce Planning 66

PYMNTS

MARCH 9, 2020

London PropTech startup Goodlord appears to have turned its bad luck around with a new 10-million-pound ($13 million) Series B funding round, TechCrunch reported. Goodlord is planning to use the money to invest in engineering, product and customer-facing teams.

Startups 60

Startups Investments Banking Accounting 60

PYMNTS

APRIL 5, 2019

People who want to use UnionBank of the Philippines ‘s (UBP’s) new bitcoin ATM will need to have an account with the bank. However, users will need to use a UBP bank account — and show a government-issued ID — to exchange funds to and from the virtual currency.

Startups 53

Startups Investments Currencies Banking 53

PYMNTS

SEPTEMBER 16, 2020

based startup plans to use the money to speed up work on its core home workout system and “bring Zwift-designed hardware to market,” the company said in a press release. This investment fits perfectly with our growth equity strategy of backing leading tech entrepreneurs as they scale globally.”. The Long Beach, Calif.-based

Investments 66

Investments Leverage Startups Planning 66

PYMNTS

JANUARY 7, 2021

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. Social Capital Hedosophia is one of three special-purpose acquisition companies (SPACs) on the lookout for investment opportunities. V to file an initial public offering (IPO). . billion in cash proceeds.

Planning 73

Planning Valuation Startups Cash Management 73

PYMNTS

SEPTEMBER 18, 2019

Open banking FinTech startup Bud is reportedly laying off up to one-fifth of its staff just months after announcing a $20 million fundraise, The Telegraph reported on Monday (Sept. It is part of a growing population of open banking startups looking to develop solutions around new regulations in Europe and the U.K.

Startups 71

Startups Banking Accounting Investments 71

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

JUNE 19, 2018

Australian small business (SMB) accounting software startup Karbon sees opportunity in the failed merger of industry leaders MYOB and Reckon , according to The Australian Financial Review ( AFR ) reports Monday (June 18). Karbon announced a $5.19 Karbon announced a $5.19

Accounting 40

Accounting Startups Practice Management Planning 40

PYMNTS

DECEMBER 23, 2019

India-based accounts payable automation company Finly has announced new funding as it plans to expand its B2B product offering, reports in YourStory said Monday (Dec. B2B FinTech is growing in popularity for India’s robust startup community, while the market is also an attractive target for more established players in the industry.

Startups 52

Startups Accounts Payable Securities B2B 52

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 87

Startups Technology Investments Planning 87

PYMNTS

OCTOBER 9, 2018

As a result of the investment, Nubank is now worth $4 billion, making it one of the most highly valued, privately held startups in Latin America. The Chinese giant is making the investment through a $90 million capital increase, Nubank Chief Executive and Co-founder David Vélez told Reuters.

Investments 66

Investments Startups Finance Accounting 66

PYMNTS

JUNE 7, 2019

Commercial card startup Brex has announced the launch of a portal to connect cardholders to accountants. The integrations enable cardholders to automatically connect transactions from their Brex cards into their accounting and expense management solutions. “Today’s product announcement combines those two investments.”

Accounting 47

Accounting Valuation Startups Accounting Firms 47

PYMNTS

APRIL 19, 2019

The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.

B2B 69

B2B Investments Accounts Payable Benchmarking 69

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

PYMNTS

SEPTEMBER 24, 2019

financial institution Nationwide Building Society has made an investment in open banking FinTech BankiFi , the companies revealed in an announcement Monday (Sept. Nationwide did not disclose the value of its investment in the company, though the firms noted that the funding comes as the bank plans to launch its own business current account.

Investments 53

Investments Banking Startups Invoicing 53

CFO Share

OCTOBER 13, 2023

In the dynamic realm of startups and SMBs, understanding the pillars of financial health is paramount. For SMBs and startups, liquidity ensures operations run seamlessly, avoiding disruptions caused by short-term cash constraints. For SMBs and startups, managing long-term liabilities effectively and building assets is vital.

Cash Flow Forecasting 52

Cash Flow Forecasting Profit and Loss Forecasting Startups 52

PYMNTS

JUNE 21, 2019

While there were no mega-deals in the B2B startup funding realm this week, it was still a busy time for companies and investors, with many funders targeting companies operating in less common markets. The debt funding marks the largest provided to an Indian startup in about two years, reports in VCCircle said.

Startups 43

Startups B2B Marketing Investments 43

Future CFO

APRIL 26, 2023

The talent challenge is now becoming a table stake for all leaders, with 55% of respondents to the same PwC Pulse Survey acknowledging this as a serious business risk, 78% that plan to enhance their cyber risk management, and 42% who want to see accountability for climate change governance being assigned to a person-in-charge.

CFO 98

CFO Financial Planning and Analysis (FP&A) Risk Management Budgeting 98

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. The company plans to hold a virtual rollout for CFOs, founders and investors on Thursday (April 23).

Accounting 52

Accounting Reconciliations Leverage Startups 52

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. SoftBank reportedly will invest that $200 million in Mubadala, the state investment company of Abu Dhabi. based robotics startup. Among the most recent investments? Startup Worries.

Planning 51

Planning Startups Valuation Investments 51

PYMNTS

JANUARY 22, 2021

While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.

B2B 81

B2B Securities Startups Investments 81

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 79

Planning Compliance Technology Startups 79

PYMNTS

OCTOBER 19, 2018

In total, nearly $128 million in fresh funding was raised this week by business-focused tech startups, more than one-quarter of that going to data management firms. PYMNTS gives the rundown on those investments below. million investment round earlier this year. million investment round earlier this year. TravelPerk.

Startups 51

Startups B2B Investments Banking 51

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 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 18, 2019

Payroll startup PayFit has announced $79 million in new funding, according to reports Monday (June 17). The solution also automatically informs business owners when taxes must be paid and automatically calculates tax payments while generating reports for a user’s accountant. with plans to introduce an Italian offering in the future.

Startups 46

Startups Securities Accounting Technology 46

PYMNTS

DECEMBER 14, 2018

B2B startups are increasingly building themselves on top of troves of enterprise data, uncovering new ways to unlock and aggregate information across enterprise platforms, and introducing new ways to analyze and make use of that data. million was raised by B2B startups tearing down data silos. In all, more than $87.8 Access Fintech.

B2B 51

B2B Startups Treasury Financial Data 51

CFO Share

MAY 6, 2024

With new businesses come new beginnings, and nothing excites accountants like setting up a fresh set of books. Like an artist in front of a blank canvas, brand new books hold limitless possibilities, the chance to shed old byzantine corporate accounting and to step into the future of clean and clear financials.

Practice Management 52

Practice Management Manufacturing Accounting Construction 52

PYMNTS

MAY 19, 2017

Surprise, surprise: a cybersecurity startup saw the largest funding round of the week by far. WannaCry’s explosive impact on the industry has enterprise security on everyone’s mind, and this startup is now a unicorn because of that attention, closing $100 million in Series D financing. Supply Chain Management. Based in the U.S.,

B2B 61

B2B Investments B2C Cash Management 61

CFO News Room

DECEMBER 1, 2022

Startup founders typically face a fundamental tradeoff: They can grow the company, increasing its value and the value of their shares, but to do so they must give up some control. Co-founders and employees who join the startup want to know that it is well managed. Or, they can keep control, at the expense of growth.

Startups 100

Startups Auditing Investments Leverage 100

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. Accounting ?—?Many An Interview with Ryan Keating?—?Financial

Planning 52

Planning Marketing Startups CFO 52

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

PYMNTS

MARCH 30, 2018

Combined, more than $337 million in funding will fuel growth for an array of B2B startups that revealed their latest funding rounds this week. based startups dominated, with investors focusing on cybersecurity solutions and on startups that aim to streamline back-office functions. PYMNTS breaks down the latest deals below.

Startups 46

Startups B2B Mergers and Acquisitions (M&A) Accounts Payable 46

PYMNTS

APRIL 24, 2020

Yet demand for contactless payments and digital, automated financial solutions means FinTech funding may not take as hard of a hit as other startup segments. B2B FinTech investments appear to be relatively strong, too. Plus, an accounts payable technology company announced a $127 million equity round. KarbonCard.

B2B 77

B2B Accounts Payable Startups Invoicing 77

PYMNTS

FEBRUARY 18, 2019

European tech start-ups are getting a new source of funding thanks to a new $200 million investment from Japan-based SoftBank. SoftBank reportedly will invest that $200 million in Mubadala, the state investment company of Abu Dhabi. based robotics startup. Among the most recent investments by Softbank? Vision Fund.

Planning 40

Planning Startups Valuation Investments 40