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 week's B2B Venture Capital roundup saw more than $76 million in new funding.

B2B 63

B2B Startups Accounts Payable Compliance 63

PYMNTS

JULY 29, 2020

TransferWise , the online money transfer service startup, is now valued at $5 billion thanks to a secondary share sale as investors embrace online payments amid the COVID-19 pandemic, the London-based company announced Tuesday (July 29). through the TransferWise borderless account, with the new product set to launch within a year.

Valuation 65

Valuation Startups Sales Investments 65

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. Unnamed sources told the publication that DST Global is set to lead the firm’s next funding round, which could push its valuation to $1 billion.

Startups 70

Startups Valuation CFO Investments 70

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 Leadership Startups Banking 46

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

Valuation 56

Valuation Banking Startups Economics 56

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

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

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

MARCH 20, 2019

Opendoor , the startup that operates an online platform for buying and selling homes, has raised $300 million, giving it a valuation of $3.8 According to a report , it was previously expected the startup would raise $200 million with a valuation of $3.7 The company has raised $1.3

Valuation 46

Valuation Startups Sales Finance 46

PYMNTS

JULY 6, 2020

With a rally in shares, Square ‘s valuation is approaching the level of some of the biggest U.S. On Monday (June 6), Square stocks soared 13 percent after an analyst suggested the firm could eventually claim as much as 20 percent of direct deposit accounts in the U.S., banks, Bloomberg reports. Bloomberg reported.

Valuation 60

Valuation Banking Startups Accounting 60

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

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

FEBRUARY 12, 2019

DoorDash, the food delivery startup, is gearing up to raise about $500 million, giving the company a valuation of higher than $6 billion. the Singapore state investment firm, is expected to lead the capital raise. the Singapore state investment firm, is expected to lead the capital raise. Temasek Holdings Pte.,

Valuation 51

Valuation Startups Investments Retail 51

PYMNTS

JANUARY 17, 2021

The latest funding comes from HealthQuest Capital , a Belmont, California-based investment fund that focuses on companies in their early stages of growth. The investment will put HealthQuest Managing Partner Garheng Kong on Everlywell’s board of directors, according to a Friday (Jan. 15) tweet from his account.

Startups 75

Startups Healthcare Valuation Investments 75

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

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 82

Valuation Compliance Practice Management Technology 82

Spreadym

OCTOBER 27, 2023

Before: EBITDA looks at a company's financial performance before accounting for interest, taxes, depreciation, and amortization, as these factors can vary significantly between different companies and industries. Investment Decisions: EBITDA can be a valuable metric for investors and potential buyers.

Financial Analysis 59

Financial Analysis Valuation GAAP Accounting Principles 59

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. Prime Venture Partners provided the investment, reports said. Fairjungle.

Valuation 43

Valuation Reconciliations B2B Startups 43

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 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

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

JUNE 6, 2019

Step, a finance startup aimed at teens, has raised $22.5 We want to be their first bank accounts with spending cards, but we also want to teach financial literacy and responsibility. The first product will be banking accounts with payment cards, in collaboration with Mastercard and Evolve. Step will start in the U.S.

Startups 46

Startups Finance Valuation Banking 46

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. The deal would give SoFi a post-money valuation in excess of $8.65

Planning 73

Planning Valuation Startups Cash Management 73

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

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. From a firm that targets accounting for blockchain companies to a social network for farmers, investors certainly diversified their funding targets. Blockchain. InstaFreight.

Startups 47

Startups B2B Transportation Auditing 47

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.

Startups 52

Startups Banking Profit and Loss Healthcare 52

PYMNTS

AUGUST 14, 2020

Investments ranged across geographies and industries, but the biggest highlights landed on trade financing and early wage access innovators, as startups bolster their value by supporting small businesses’ and employees’ financial recovery. Accounting automation startup CANDIS secured about $14.2

B2B 65

B2B Finance Accounts Payable Startups 65

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

NOVEMBER 10, 2017

B2B FinTech enjoyed more time in the spotlight with investors this week as companies around the globe — ranging from eProcurement to small- and medium-sized business (SMB) accounting to supply chain management startups — secured fresh funding to support growth. SMB Accounting. Alternative Lending. B2B payments. ScaleFactor.

Investments 40

Investments Finance B2B Startups 40

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

Future CFO

NOVEMBER 30, 2020

The rapid advancement of sophisticated technology has brought monumental changes to most professions – and accounting is no exception. Many of the manual, routine-based accounting tasks of the past are now undertaken by non-human support. Automation will alter the work of accountants in the coming years.

Accounting 40

Accounting Finance Education Communication 40

PYMNTS

DECEMBER 30, 2020

Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. In addition to global expansion, the company said it plans to invest in its own infrastructure, reports said. million investment, Tech.eu CloudTrucks.

B2B 84

B2B eCommerce Banking Accounts Payable 84

PYMNTS

JULY 18, 2019

Online bank N26 is now Germany’s highest-valued startup with a 3.5 billion valuation following a $170 million extension of Series D funding. The mobile bank now ranks among the most valuable European startups as well as being in the top ten most valuable FinTechs worldwide, N26 announced in a press release. and Brazil.

Banking 43

Banking Valuation Startups Investments 43

PYMNTS

JANUARY 29, 2021

The SEC is investigating how the San Francisco-area startup allocates revenue. . A funding round earlier this month put Roblox’s valuation at $29.5 Earlier this month, Roblox raised $520 million in a funding round led by Altimeter Capital and Dragoneer Investment Group. billion, up from just $4 billion almost a year ago.

Entertainment 82

Entertainment Valuation Currencies Startups 82

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

PYMNTS

MARCH 15, 2020

Italian factoring startup CashInvoice launched an equity crowdfunding campaign on CrowFundMe, hoping to raise at least 200,000 euros ($222,000), the company said in a statement. The minimum investment is 500 euros ($555), and the FinTech is planning to go public when it reaches investments of 1 million euros ($1.11 In the U.S.,

Startups 52

Startups Valuation Finance Investments 52

PYMNTS

DECEMBER 9, 2020

Or it may be a last gasp amid heightened valuations and investor enthusiasm, with a focus on a business model that has soared – and may, depending on how you look at it, face fresh challenges that crimp the drive to realizing black ink on the operating line. What about the strain on IT and accounting?

Valuation 76

Valuation Auditing Accounting Firms Financial Reporting 76