PYMNTS

NOVEMBER 18, 2020

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. even people who don’t have a Veem account. . The new investment will be used to further expand its global footprint as well as improve its tools and capabilities. .

B2B 109

B2B Startups Invoicing Accounting 109

The Finance Weekly

FEBRUARY 22, 2023

This includes raising capital, managing cash flow, accurately accounting for business activity, and forecasting future performance. However, they usually lack a strong financial background, and it's essential to have effective finance and accounting support for a business to thrive.

Startups 52

Startups Finance CFO Forecasting 52

PYMNTS

SEPTEMBER 28, 2017

The startups and small businesses that innovate aren’t just coming up with new technologies — they’re creating entirely new business models that, while progressive, can place increasing pressure on cash flow management for the enterprise. This is the type of market Venbridge has in mind.

Startups 40

Startups Investments Pharmaceutical Finance 40

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

JULY 10, 2017

B2B payments startup PayStand announced new funding last week, but the investment is notable for more than one reason. Reports Friday (July 7) said PayStand was one of two startups that attracted financing from LEAP Global Partners’ first early stage venture capital fund, LEAP Partners I.

Startups 40

Startups B2B Investments B2C 40

PYMNTS

SEPTEMBER 24, 2018

Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal ( WSJ ) reported Friday (Sept. Brex, founded by two Brazilian entrepreneurs, emerged on the market as a FinTech issuing corporate cards to other startups. Adoption of commercial cards for a variety of use cases is on the rise.

Startups 70

Startups Valuation CFO Investments 70

PYMNTS

JULY 19, 2019

The new fund of SoftBank Ventures Asia will invest globally in early-stage startups, with Asia being the cornerstone, Reuters reported Friday (July 19). Established in 2000, SoftBank has made a number of notable investments worldwide, including $1 billion in Germany’s Wirecard , $2.5 billion in U.S. billion in U.S.

Startups 61

Startups Investments Technology Numbers 61

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

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. As the head of financials at Proper, Lee said she views her role as vital to the success of the startup. Supply Chain Volatility. As a venture-backed company (the firm announced a $9.5

Startups 66

Startups Accounts Payable eCommerce Planning 66

PYMNTS

JUNE 29, 2020

Wealthfront , the online investment service firm, has added checking features to its app. The Palo Alto, California startup said the no-fee account is the company’s latest move to build a next-generation banking service that is branchless, automated and optimizes every dollar. percent interest rate. percent.

Accounting 60

Accounting Startups Banking Investments 60

PYMNTS

JANUARY 17, 2021

UBS Group might be investing $400 million in India’s Paytm , which is owned by Ant Group , according to a report from Tech in Asia. Paytm is the most valuable Asian startup, and UBS Group is taking a chance on the burgeoning digital payments market, the report stated. That round was led by U.S.-based based asset management firm T.

Investments 70

Investments Valuation Startups Accounting 70

PYMNTS

JANUARY 15, 2021

Blend and MX , which are both FinTech startups, separately announced that they have each landed $300 million in funding. The company said the funds will go toward expansion and investment in offerings for FIs. "No

Investments 62

Investments Leverage Startups Technology 62

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

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

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

DECEMBER 2, 2020

Silicon Valley FinTech startup Step has raised $50 million in a Series B funding round, the company announced Wednesday (Dec. Stripe invested in this round as well, as did returning investors Crosslink Capital, Collaborative Fund and Will Smith’s Dreamers VC. million in a June Series A funding round led by Stripe.

Startups 86

Startups Education Banking Investments 86

PYMNTS

NOVEMBER 9, 2020

Nuro , a startup focused on robotics use in daily life, has raised $500 million in a Series C funding round, according to a Medium post. The round was led by funds and accounts advised by T. Rowe Price Associates, with participation from new investors, including Fidelity Management & Research Company and Baillie Gifford.

Startups 99

Startups Valuation Transportation eCommerce 99

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

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.”. million accounts in 190 countries.

Investments 66

Investments Leverage Startups Planning 66

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. billion in investments. billion in investments. FinTechs account for 44 percent of all venture capital investments in London tech companies this year.

Investments 106

Investments Numbers Accounting Marketing 106

PYMNTS

MARCH 8, 2020

SoftBank’s Rajeev Misra, head of the company’s $100 billion Vision Fund , is still banking on the success of the fund, confident investments and IPOs will surge within the next year. Analysts and investors also questioned the firm’s once heralded investing strategies. He called the mistakes “normal.”.

Investments 52

Investments Valuation Startups Finance 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. 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

DECEMBER 13, 2018

Robinhood, the mobile investment app company, announced Thursday (Dec. In a blog post , Robinhood said its checking and savings product is a departure from traditional accounts that cost more for people who make less money and have unfair and hidden fees associated with them.

Accounting 58

Accounting Financial Systems Startups Investments 58

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

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

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

JANUARY 20, 2020

After investing in over 800 firms, Chinese tech company Tencent Holdings said it would bolster its international investments and in industries like “smart retail.” The firm rarely offers an overview or makes details of its investment activities known. The startup adds about 5,000 new users daily.

Investments 52

Investments Retail Startups Accounting 52

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 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

PYMNTS

JUNE 25, 2019

In a move that will extend the reach of its services outside of Southeast Asia, Grab has extended a partnership with Splyt Technologies and invested in the United Kingdom-based startup. At the same time, it was noted that the investment by Grab is part of an $8 million fundraising round.

Startups 43

Startups Technology Transportation Investments 43

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. ” MAS for SaaS enables CFOs and founders to put their efforts toward developing their companies instead of creating an infrastructure for the back office.

Accounting 52

Accounting Reconciliations Leverage Startups 52

PYMNTS

MAY 2, 2019

Innovation for accounts payable is often an afterthought, but automated solutions can efficiently onboard customers, cut back on errors and eliminate paper-based invoicing systems. In technology, Visa has been investing in artificial intelligence (AI) as well as data, and Apple beat analysts’ estimates for the second quarter.

Accounts Payable 46

Accounts Payable Accounting Invoicing Startups 46

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

JANUARY 30, 2019

recently debuted the Mule Insights Tactical Solution (MITS), a new product that tracks fraudulent transactions for bank and credit union accounts, and helps financial institutions (FIs) meet AML and KYC requirements. How FrontFundr Keeps Its Investment Platform Fraud-Free. In the U.K., for example, financial services firm Pay.UK

Investments 68

Investments Compliance Startups Banking 68

PYMNTS

MAY 3, 2019

The possible IPO of the Vision Fund will take place after the vehicle is fully invested, and might result in a creation of a publicly-listed company similar to Berkshire Hathaway (and of course accessible to retail investors, now able to ostensibly act as venture capital investors) with a decidedly tech company focus. Of the funding, $1.5

Investments 49

Investments Startups Valuation Technology 49

PYMNTS

FEBRUARY 20, 2020

The parent company of Fidelity Investments , FMR LLC, is launching an independent personal data startup called Akoya in conjunction with The Clearing House (TCH) and 11 of its member banks, Fidelity announced on Thursday (Feb. Johnson, chairman and CEO of Fidelity Investments.

Startups 56

Startups Financial Data Securities Financial Systems 56