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

OCTOBER 22, 2020

Grab counts Softbank among its biggest investors and has evolved from a ride-hail startup in 2012 to a multi-faceted tech company that was last valued at $14 billion. In June, Singapore’s biggest startup had to lay off 5% of its workforce, about 360 people. Like many multi-billion dollar tech startups, Grab is not yet turning a profit.

Numbers 57

Numbers Startups Investments Economics 57

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

Numbers 61

Numbers Accounting CFO Financial Analysis 61

PYMNTS

FEBRUARY 1, 2019

Home improvement startup Houzz revealed that it suffered a data breach. Though Houzz is still investigating, it said that sensitive personal information — such as Social Security numbers and payment card, bank account or other financial information — was not affected by the breach.

Startups 80

Startups Restructuring Accounting Securities 80

The Finance Weekly

AUGUST 30, 2022

Why are FP&A software tools essential for startups and small businesses? For all of these reasons, more and more companies- including small businesses and even startups- are looking for FP&A solutions to help them stay ahead of the competition. What startups and small businesses should look for when choosing FP&A solutions.

Financial Planning and Analysis (FP&A) 52

Financial Planning and Analysis (FP&A) Startups Budgeting Analyzing Data 52

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.

Startups 61

Startups Investments Technology Numbers 61

PYMNTS

OCTOBER 1, 2020

1), the founders of dozens of tech firms housed in India held a Zoom call aimed at setting the wheels in motion to form what’s being billed as a “startup collective” to battle Big Tech – Google and Facebook, among others – across a number of fronts. To that end, as Bloomberg reported on Thursday (Oct.

Startups 56

Startups Education Numbers Accounting 56

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

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

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

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

OCTOBER 1, 2019

Amsterdam FinTech startup bunq is expanding into 22 additional countries after successful launches in Austria, Germany, Italy, Spain, France, Ireland and Belgium, TechCrunch reported on Tuesday (Oct. The company also now accepts Apple Pay and Google Pay in France, Germany, Spain, Italy, Belgium and Ireland. .

Startups 46

Startups Foreign Exchange Currencies Banking 46

PYMNTS

MARCH 13, 2018

Ripple , the blockchain payments company, is gearing up to invest in startups and technology firms that create more uses for its cryptocurrency XRP. In order to access the new offering, consumers must have a bank account, phone number or a QR barcode.

Startups 55

Startups Investments Banking Numbers 55

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

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 92

Startups Technology Investments Planning 92

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

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

PYMNTS

APRIL 9, 2018

Small business accountant” was not among the top 10 phrases searched for by those hirers, Indeed.com found. But that doesn’t mean accountants are no longer in-demand among small business owners. What it means to be an accountant today is a far cry from what it was before online accounting,” he added.

Accounting 49

Accounting Accounting Firms B2B Technology 49

PYMNTS

JANUARY 12, 2018

Hackers, he explained, can insert malware into mobile apps and intercept user information such as credit card numbers and login credentials, just as invisibly as these payments are made in the first place. That’s the problem that startup Arxan aims to solve. The call is coming from inside the house, so to speak.

Startups 47

Startups Entertainment Securities Banking 47

PYMNTS

JANUARY 11, 2018

B2B payments startup Finexio announced new funding this week. Finexio develops solutions with the aim of reducing companies’ reliance on paper in accounts payable departments. Finexio develops solutions with the aim of reducing companies’ reliance on paper in accounts payable departments. The company said Wednesday (Jan.

B2B 40

B2B Startups Accounts Payable Accounting 40

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

PYMNTS

JUNE 18, 2018

bank ClearBank has reportedly agreed to open up an account for a cryptocurrency exchange, according to unnamed sources, as reported by Reuters on Friday (June 15). startup bank’s rumored agreement to service the London Block Exchange signals interest on the part of the alternative finance market to work with these players.

Accounting 40

Accounting Startups Banking Finance 40

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 84

Planning Compliance Technology Startups 84

PYMNTS

NOVEMBER 15, 2020

The pandemic has engendered a number of new obstacles for companies. In addition, with Fiskl poised to shortly become the first truly mobile accounting platform globally, there is a natural fit in our collaboration with Samsung, the market leader in mobile smartphones.”. Joining up with bigger-name apps can be a boon for startups.

Finance 105

Finance Startups Financial Reporting Numbers 105

Future CFO

MARCH 3, 2024

Editor’s note: ”A Day in the Life" is a series of interviews with finance leaders and business leaders that aims to inspire FutureCFO’s audiences comprising senior finance and business executives as well as aspiring finance and accounting professionals. Good finance professionals go beyond keeping the books and tallying the numbers.

Finance 52

Finance Manufacturing Startups Numbers 52

PYMNTS

DECEMBER 1, 2016

PawnHero , a mobile pawn shop service startup company, is disrupting the alternative finance status quo and working to revolutionize the way consumers in the Philippines engage with their pawn shops. Large numbers of Filipinos are underbanked or unbanked. In the U.S., In the U.S., Additionally, just 4.4

Startups 40

Startups Finance Numbers Banking 40

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 5, 2020

Social shopping is the newest hot trend fueled by the pandemic, as new startups are emerging and established brands such as Macy’s are catching up to capture this area. Data: 3,300: Number of employee participants in Macy’s Style Crew program. All this, Today in Data. 75M: Amount of Yotpo’s recent funding round.

Retail 105

Retail Startups Banking Numbers 105

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

DECEMBER 19, 2016

94 million in venture capital was provided to alt-lending startups last week , which signals that some venture capitalists aren’t concerned over doubts of the future of the industry. has also recently introduced legislation that requires traditional banks to refer SMEs to alternative lenders should they be rejected for a bank loan. $94

Numbers 44

Numbers Finance Investments Banking 44

Boston Startup CFO

JULY 10, 2016

According to a report from Harvard Business School, as many as three out of four startups fail to succeed in the long term. To hold their own amongst established competitors, startups need strong leadership teams and effective business strategy. TK: A key role of the CFO at a startup is to build an infrastructure from the ground up.

CFO 52

CFO Startups Communication Financial Modeling 52

Future CFO

AUGUST 3, 2023

The Americas accounted for the largest share of VC investment with $42.9 Highlights of global VC investment: Q2’23 Global Corporate Venture Capital-participating investment was also slow in Q2’23, accounting for $39.7 Global first-time VC financing remained weak in H1’23, accounting for just $17.1 billion in Q1’23.

Investments 52

Investments Concentration Startups Education 52

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

Nerd's Eye View

NOVEMBER 6, 2023

This month's edition kicks off with the news that Practice Intel has launched a new "growth platform" centered around quantifying the quality of an advisor's client relationships with an all-in "Relationship Quality Index" (RQI) – which while potentially valuable in helping advisors understand and improve their client experience (and subsequently (..)

Valuation 86

Valuation Compliance Practice Management Technology 86

PYMNTS

AUGUST 11, 2020

We increased daily active customers by 231 percent and the number of paying customers grew by 139 percent.”. The FinTech’s app-based bank accounts allow customers to send and receive money and use other consumer-oriented features. Last month, Revolut gained $80 million in new funding, valuing the company at $5.5

Profit and Loss 95

Profit and Loss Foreign Exchange Startups Banking 95

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. According to the startup, it services 53 corporate clients with 1.5 28), according to reports. . 30, 2019. .

Valuation 66

Valuation Startups Transportation Securities 66

PYMNTS

FEBRUARY 17, 2020

The startup will shutter all of its U.K. Others said they were disappointed in the closure, enjoying the extra bonuses that come with accounts. Though accurate numbers haven’t been publicly released as to N26’s customer base, reports have the number sitting at 200,000 since its 2018 U.K. locations on April 15.

Startups 92

Startups Banking Numbers Accounting 92