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

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MAY 15, 2018

Microsoft is collaborating with Commonwealth Bank of Australia (CBA) and KPMG to form a new cloud accounting startup, Financial Review reported. Dubbed Wiise , the Australia-based startup will rival the market’s current industry leader Xero and fellow Australian small business accounting firm MYOB.

Startups 41

Startups Accounting Invoicing Accounting Firms 41

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FEBRUARY 1, 2019

Home improvement startup Houzz revealed that it suffered a data breach. Once its security team became aware of the issue, it immediately launched an investigation with assistance from a leading forensics firm.

Startups 80

Startups Restructuring Accounting Securities 80

PYMNTS

JANUARY 17, 2017

16) said Qonto secured $1.7 million from Valar Ventures and Alven Capital, a sign of support for the startup’s corporate banking solution. According to TechCrunch , Qonto has identified critical issues in business banking, most notably the cost of a corporate banking account. Reports Monday (Jan.

Startups 43

Startups Securities Banking Cash Management 43

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. At vcfo, our mission is always to make your company stronger.

Startups 60

Startups Leadership CFO Leverage 60

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MAY 25, 2016

The Business Email Compromise is now a top concern for the enterprise and security providers alike, especially since regulators have released warnings against the crime. One startup wants to safeguard corporate email and has just received new venture capital to move forward with its efforts. The emails included accounts for the Mail.ru

Securities 40

Securities Startups B2B Invoicing 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. Cequence Security. Also operating in the enterprise security space is Cequence Security, based in California.

B2B 75

B2B Securities Investments Startups 75

PYMNTS

JUNE 18, 2019

Payroll startup PayFit has announced $79 million in new funding, according to reports Monday (June 17). The France-based company secured the funding from Eurazeo and Bpifrance , which are backing PayFit’s payroll and human resource management technology services designed for multiple European countries’ particular labor laws.

Startups 46

Startups Securities Accounting Technology 46

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). ” That buying cycle could offer smaller industry competitors a chance to secure new clients.

Accounting 40

Accounting Startups Practice Management Planning 40

PYMNTS

JUNE 16, 2020

Branch , the digital bank startup, is branching out. In addition to its partnership with Mastercard, Evolve Bank & Trust, the Memphis-based lender, will provide a free checking account and debit card. Consumers deserve fast and flexible mobile banking services that adapt to their needs,” said Branch CEO Atif Siddiqi in a statement.

Startups 79

Startups Banking Securities Sales 79

PYMNTS

SEPTEMBER 11, 2019

Consumers have reason to be concerned, especially when choosing which mobile services to trust with their personal finances, and many may resultantly prefer to use apps from major financial companies with long-established reputations over those from fledgling startups. Such caution presents a high bar that app-based startups must overcome.

Securities 45

Securities Startups Compliance Budgeting 45

PYMNTS

DECEMBER 2, 2020

Silicon Valley FinTech startup Step has raised $50 million in a Series B funding round, the company announced Wednesday (Dec. Step customers get a bank account that is insured by the FDIC, as well as a secured spending card backed by Visa and the P2P payments platform. Users can transfer funds in real time without any fees.

Startups 86

Startups Education Banking Investments 86

PYMNTS

JANUARY 21, 2020

The average security deposit in the U.S. According to a recent analysis of bank accounts and transactions by the JPMorgan Chase Institute, the typical middle-income household can handle that $400 emergency — but still only has $3,000 in liquid assets.

Securities 52

Securities Startups Numbers Accounting 52

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. The new network boosts financial system security as it speeds up API adoption.

Startups 56

Startups Financial Data Securities Financial Systems 56

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

JUNE 9, 2020

In today’s top news, insurance tech startup Lemonade filed an IPO, and Affirm launched a high-yield savings account. the property and casualty insurance startup, has filed an initial public offering (IPO). JMP Securities, Oppenheimer & Co. JMP Securities, Oppenheimer & Co. InsurTech Lemonade To Go Public.

Accounting 52

Accounting Healthcare Startups Retail 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. Alternative small business lender Lendingkart secured new funding this week to the tune of $11.5 Lendingkart. Growth Street.

Startups 43

Startups B2B Marketing Investments 43

PYMNTS

MAY 31, 2018

Here’s how these startups are hastening the robots’ day. The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. Chargehound. DadeSystems.

Startups 43

Startups Compliance Accounts Payable Invoicing 43

PYMNTS

SEPTEMBER 26, 2019

California -based digital bank Mercury has announced it has raised $20 million in Series A funding that will be used to build a bank for startups. 26), which is “just a small step towards building a bank that helps startups succeed. In addition, Mercury took the first version of its API live on Thursday (Sept.

Startups 40

Startups Auditing Treasury Leadership 40

PYMNTS

MAY 13, 2019

The rise of small business (SMB) accountants as financial advisors to their clients has emerged in parallel with a surge of back-office software solutions. As SMBs embrace cloud-based platforms, data integration across those systems is an integral part of effective accounting solutions.

Accounting 61

Accounting Compliance Prioritization Financial Analysis 61

PYMNTS

MAY 31, 2018

Here’s how these startups are hastening the robots’ day. The IRS is hiring and training more than 3,000 agents to enforce its Foreign Account Tax Compliance Act (FATCA), and the onus is now on the payer to collect all necessary tax documents from the payee and validate the info on those forms. Chargehound. DadeSystems.

Startups 40

Startups Compliance Accounts Payable Invoicing 40

The Charity CFO

APRIL 18, 2024

These challenges include financial issues, data security compliance, and talent retention problems. Financial Sustainability For nonprofits, financial sustainability means the financial security to cover expenses and advance your mission. Implement staff and volunteer training on security best practices.

Nonprofit 52

Nonprofit Compliance CFO Leverage 52

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NOVEMBER 25, 2019

In today’s top payments news, India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information.

Securities 52

Securities Accounts Payable Startups Transportation 52

PYMNTS

OCTOBER 3, 2019

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Also, Saga, a financial company geared to individuals over 50, has linked up with Goldman Sachs consumer bank Marcus to offer two new savings accounts.

Accounting 43

Accounting Cash Management Securities Banking 43

PYMNTS

MARCH 21, 2019

Zion Market Research released a report about the accounts payable software market on Wednesday (March 20), estimating the market will reach about $1,567 million by 2025, according to a release by the company. The software is perfect for small businesses and startups that are looking to control their cash flow and manage their finances.”.

Accounts Payable 52

Accounts Payable Accounting Marketing Startups 52

PYMNTS

JULY 21, 2017

Small business accounting and cash management took home the gold this week, with two startups raising a collective $93 million in funding. But the streak of B2B FinTech investments continues for startups of several industries, including cybersecurity, alternative finance and more. SME Accounting. Awake Security.

Cash Management 40

Cash Management Startups Invoicing Accounts Payable 40

PYMNTS

JANUARY 12, 2018

Companies put a lot of emphasis on security with features like multi-factor authentication, Carter said, but that’s like putting extra deadbolts on the front door while leaving the back door wide open. 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

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. Germany’s small business banking startup Penta raised more than $8 million from investors this week, according to EU-Startups.

Startups 51

Startups B2B Investments Banking 51

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. Kenna Security. Cybersecurity.

Startups 46

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

PYMNTS

MAY 2, 2019

After all, bad password habits can bring severe financial, security and reputational penalties (whereas failing to talk like a pirate merely confirms your status as a relatively normal adult, for better and/or worse). Among the most recent examples comes from Microsoft’s Chief Information Security Officer (CISO) Bret Arsenault.

Securities 55

Securities Education Accounting Technology 55

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

APRIL 25, 2018

Or it might be hackers and crackers, using ill-gotten information gains to take over consumer accounts. Or corporate ones — especially considering just how many IoT for industry devices are out there that still need securing. 100 million: The amount gig economy background-checking startup Checkr raised in Series C funding.

Securities 40

Securities Startups Numbers Accounting 40

PYMNTS

JUNE 25, 2018

The world’s startups are having a good year. With so much money up for grabs, it may come as a surprise that startups often struggle to get approved for a credit card, even after a lucrative funding round. 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

NOVEMBER 21, 2017

Confido, the startup that raised $374,477 in an initial coin offering (ICO), has reportedly disappeared with the investors’ money. What’s more, it removed its social media footprint from the internet, which included shuttering its Twitter, Facebook, Reddit and Medium accounts.

Startups 47

Startups Securities Investments Accounting 47

PYMNTS

OCTOBER 6, 2017

While all startups are doing their own thing and trying to solve different problems, many of those problems boil down to the same core issue: From onboarding to payouts and everything in between, the old way of doing things is just too slow. nanopay: Bringing Speed, Security To Cross-Border Digital Payments. First, on Oct.

Startups 40

Startups Accounts Payable Securities Banking 40

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

B2B 51

B2B Startups Treasury Financial Data 51

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