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? The post From Startup to Sustainable Success– How Schoox Did It appeared first on vcfo. We are very proud of Schoox’s success and our part in it.”

Startups 60

Startups Leadership CFO Leverage 60

PYMNTS

JANUARY 7, 2021

Silicon Valley startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. The deal would give SoFi a post-money valuation in excess of $8.65 SoFi partnered with Samsung and Mastercard to launch a new cash management account feature with no fees. billion in cash proceeds.

Planning 73

Planning Valuation Startups Cash Management 73

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

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

OCTOBER 18, 2019

American Express is introducing a suite of new commercial card products targeted at startups and entrepreneurs in a move that is aimed at competing with industry newcomers like Brex, Bloomberg reports said on Thursday (Oct. “It’s a new data source and a new lens on underwriting,” Marrs told the publication.

Startups 43

Startups Banking B2B Valuation 43

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. In all, Mubadala has earmarked $400 million for investment in European startups, according to reports. based robotics startup. Startup Worries. Vision Fund. That means this year it raised $5.43

Planning 51

Planning Startups Valuation Investments 51

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. with plans for eventual expansion. The first product will be banking accounts with payment cards, in collaboration with Mastercard and Evolve.

Startups 46

Startups Finance Valuation Banking 46

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. Small business lending startup Lulalend is driving alternative finance growth in South Africa, and just announced $6.5

Valuation 43

Valuation Reconciliations B2B Startups 43

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

FEBRUARY 18, 2019

In all, Mubadala has earmarked $400 million for investment in European startups, according to reports. An account in CNBC said that the fund “will help Mubadala to invest between $5 million and $30 million in individual start-ups. based robotics startup. Startup Worries. Vision Fund.

Planning 40

Planning Startups Valuation Investments 40

PYMNTS

OCTOBER 12, 2018

Working with a debit product linked to a corporate checking account, he found, wasn’t really an improvement, as it would be a card and it would be a product that only he could use. The product Brex offers is basically a corporate charge card — the firm extends credit to startups based on the amount of money in their corporate bank accounts.

Planning 57

Planning Startups Construction Valuation 57

PYMNTS

JANUARY 14, 2021

FinTech startup Marqeta has been tapped by Goldman Sachs to power digital checking accounts for Marcus. Marqeta said that Goldman Sachs “will leverage our modern card issuing platform” to introduce digital checking accounts to Marcus customers, according to a Marqeta blog post on Thursday (Jan.

Valuation 82

Valuation Leverage Startups Banking 82

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

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. B2B eCommerce.

Startups 47

Startups B2B Transportation Auditing 47

PYMNTS

JANUARY 29, 2021

The SEC is investigating how the San Francisco-area startup allocates revenue. . Roblox was planning to list shares on the New York Stock Exchange in the fourth quarter of 2020 but in an SEC filing on Jan. 8, the company changed its plans to a direct listing to occur in February. .

Entertainment 82

Entertainment Valuation Currencies Startups 82

PYMNTS

MARCH 2, 2020

Cloud-native London FinTech startup Thought Machine has raised $83 million in a Series B funding round led by Draper Esprit, with participation from existing investors Lloyds Banking Group, IQ Capital, Backed and Playfair, Thought Machine announced on Monday (March 2). Some of the funding will benefit Thought Machine’s plans for a U.S.

Banking 56

Banking Restructuring Startups Valuation 56

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

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 7, 2021

But while big names are moving slowly, notably, the startup scene in the glasses wearable world is incredibly active of late, and perhaps putting pressure on the larger players. The Glasses Wearables Startup Rodeo .

Startups 104

Startups Construction Valuation Technology 104

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

JULY 23, 2019

Nationwide is gearing up for the introduction of its business accounts, while Mastercard is planning to roll out debit cards to customers early next year, the companies announced in a joint press release. . Atom, a banking startup in the U.K. billion dollars), making it the second-largest FinTech startup in Britain.

Valuation 57

Valuation Startups Banking Accounting 57

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. CloudTrucks. Brightpearl.

B2B 84

B2B eCommerce Banking Accounts Payable 84

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. This week, RPA startup Automation Anywhere made waves with its $300 million investment from the SoftBank Vision Fund, reports said Thursday (Nov. The investment now values Automation Anywhere at $2.6

Accounts Payable 77

Accounts Payable Foreign Exchange Currencies Startups 77

PYMNTS

JANUARY 17, 2020

Two industry startups secured their first venture capital rounds this week, with investors targeting an array of service providers — from alternative small to medium-sized business (SMB) lenders to B2B sales automation platforms — and focusing on a variety of geographic markets, from India to California. million in seed funding, U.K.-based

B2B 52

B2B Cash Flow Forecasting Valuation Startups 52

PYMNTS

MARCH 6, 2019

Grab , the Southeast Asian ride-hailing startup, has raised more than $4.5 According to a report in The Financial Times, Grab said SoftBank’s Vision Fund accounted for a third of the investment. The ride-hailing startup said the most recent fundraising effort was the largest private investment round to hit Southeast Asia.

Valuation 55

Valuation Startups Investments Marketing 55

PYMNTS

NOVEMBER 22, 2019

Talk of a decelerating FinTech venture capital market continued to mount this week with reports that digital banking startup Aspiration is struggling to raise money. Indeed, WeWork’s recent troubles have shaken confidence in the tech startup funding environment. Venture Capital Funding. Cardlay, based in the U.K.,

Mergers and Acquisitions (M&A) 43

Mergers and Acquisitions (M&A) B2B Foreign Exchange Startups 43

PYMNTS

NOVEMBER 15, 2019

As the fallout from WeWork ’s stumbles continues, one could easily wonder if the market is beginning to question not only the position of WeWork backer SoftBank in the tech investment space, but whether venture capitalists (VCs) have placed too much confidence in tech startups as a whole. The answer is no, according to a Thursday (Nov.

B2B 40

B2B Startups Invoicing Investments 40

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. Another California cybersecurity startup, Contrast Security, announced $65 million in Series D funding this week. Contrast Security.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

JANUARY 20, 2019

The news may hurt the reputation of the Chinese startup that in August raised $1.63 Pinduoduo has a valuation of $23.8 A Reuters report from August said that the State Administration for Market Regulation website announced government plans to interview the staff and deal with any illegal practices it uncovered.

Valuation 59

Valuation Startups Accounting Planning 59

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. Lyric plans to use the investment to expand its operations as it continues to focus on regulatory compliance.

B2B 69

B2B Investments Accounts Payable Benchmarking 69

PYMNTS

MAY 29, 2019

The company’s valuation will stay about the same as with the last funding round two years ago, which was led by Silver Lake. The fund has previously invested in various big-name startups like Flipkart, HelloFresh and Uber. The company also introduced a product called SoFi Money, which is a cash account that has a 2.25

Valuation 46

Valuation Finance Investments Startups 46

PYMNTS

DECEMBER 10, 2018

South Korean company Viva Republica, which is behind the payment app Toss, has become the country’s fourth unicorn startup after raising an $80 million funding round at a valuation of $1.2 In the meantime, Lee told TechCrunch that there are plans to do an IPO “at some point,” but the more immediate goal is to expand overseas.

Valuation 49

Valuation Leadership Startups Securities 49

PYMNTS

JULY 17, 2019

Brazil FinTech Nu Pagamentos SA, also known as Nubank, is preparing to launch small business digital accounts, Reuters reported on Tuesday (July 16). According to the publication, Nubank is letting entrepreneurs test out its new small business bank account solution for free.

Banking 40

Banking Valuation Startups Accounting 40

PYMNTS

OCTOBER 4, 2019

More than $874 million in fresh funding landed at B2B startups this week across a range of market segments and geographies. based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. FinBox plans to use the investment on product research and development.

B2B 51

B2B eCommerce Startups Foreign Exchange 51

PYMNTS

MARCH 29, 2019

This latest round of funding brings the startup’s valuation to between $2 billion and 2.3 Bangalore-based BigBasket plans to use the funds to expand across major metro areas in the country, acquire smaller startups and expand into new categories, including beauty products and meat. per share, or $59.9

Valuation 49

Valuation Startups Investments eCommerce 49

PYMNTS

DECEMBER 8, 2017

In total, B2B venture capitalists placed (or announced plans to place) $85 million in funding to businesses, with startups in the U.S., It was a mixed bag of funding, with a few startups working in more traditional B2B technology, including expense management and SaaS. Asia and the Middle East taking the lead this week.

B2B 55

B2B Startups Reconciliations Valuation 55

PYMNTS

JULY 6, 2018

Some companies struggle to let go of paper and legacy infrastructure, but venture capitalists (VC) this week are focusing their support on B2B startups looking to pull the enterprise up from the past, and propeling them into the future of technology. billion valuation. Oden Technologies.

B2B 41

B2B Manufacturing Startups Valuation 41