Musings on Markets

JANUARY 11, 2024

In 1986, I joined New York University's business school as an assistant professor, and asked to teach Security Analysis, a class made legendary by Ben Graham, who taught it at Columbia University in the 1950s.

Corporate Finance 128

Corporate Finance Valuation Finance Investments 128

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, as CNBC reported. With the $14.5

Valuation 56

Valuation Banking Startups Economics 56

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. Lead book-running managers for the IPO included Goldman Sachs, Morgan Stanley and BofA Securities. 28), according to reports. .

Valuation 66

Valuation Startups Transportation Securities 66

PYMNTS

JULY 15, 2020

The company had initially aimed to raise 700,000 pounds ($881,000) at a valuation of 12 million pounds ($15.1 The aim of Coconut is to offer micro-business accounting services and have their assets as well as funds be more effective through the help of smart treasury management. million pounds ($3.15 It notched 1.8 million pounds ($2.27

Accounting 64

Accounting Valuation Treasury Banking 64

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

APRIL 8, 2019

digital bank Monzo is set to raise new funds that could double its valuation to £2 billion, making it the second-largest FinTech startup in Britain. According to The Guardian , Monzo is close to securing £100 million from a new, unnamed American investor. million customers. the company said in a blog post on Feb.

Valuation 47

Valuation Banking Investments Startups 47

PYMNTS

DECEMBER 1, 2020

billion from Black Friday through Cyber Monday, and DoorDash could see a valuation of $28 billion from its IPO. DoorDash Valuation Could Hit $28 Billion, Says It Has Only 3 Pct of US Market. DoorDash is reportedly seeing good demand for its IPO, boosting its estimated valuation rise to some $28 billion.

Valuation 56

Valuation Sales B2B Retail 56

PYMNTS

OCTOBER 9, 2020

9) that hackers may have gained information about customers' personal email accounts, Reuters reported. The wire service said a Robinhood statement indicated that the company’s internal systems were not compromised and that they are “actively working with those impacted to secure their accounts.”. billion.

Valuation 134

Valuation Securities Accounting Investments 134

PYMNTS

NOVEMBER 21, 2016

based small business accounting firm, has listed on the nation’s AIM stock exchange, the LSE ‘s market for smaller firms. FreeAgent broke ground with the listing but, according to reports, missed the mark on valuation. million), slightly lower than its calculated valuation at the time of the Seedrs funding.

Startups 77

Startups Accounting Valuation Benchmarking 77

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. Contrast Security.

B2B 75

B2B Securities Investments Startups 75

Nerd's Eye View

NOVEMBER 6, 2023

From there, the latest highlights also feature a number of other interesting advisor technology announcements, including: FinanceHQ has launched as a new digital lead generation platform for financial advisors, which takes a more niche-focused approach to matching prospective clients with advisors – representing a bet that capturing prospects (..)

Valuation 82

Valuation Compliance Practice Management Technology 82

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. PYMNTS looks at other industry players around the globe that caught investors’ attention below. TripActions.

Valuation 43

Valuation Reconciliations B2B Startups 43

PYMNTS

DECEMBER 17, 2020

a South Korean digital bank, has chosen Credit Suisse and KB Investment & Securities as its advisors for its upcoming initial public offering (IPO), Reuters reported. The bank's most current valuation is estimated to be around 10 trillion won ($9.1 Kakao Bank Corp. , Citigroup , in addition, will serve as a co-advisor.

Banking 97

Banking Valuation Securities Investments 97

PYMNTS

OCTOBER 9, 2020

The big B2B investment of the week was Tipalti , which landed $150 million in new funding on a $2 billion valuation. The valuation puts the accounts payable (AP) and mass payments company well into “unicorn” territory, meaning it is valued at over $1 billion. PYMNTS rounds up the latest funding rounds below.

Compliance 107

Compliance Auditing Accounts Payable Valuation 107

CFO News Room

DECEMBER 16, 2022

Job security is always a concern when choosing a career, but some fields are more recession-proof than others. They may work in various industries, such as investment firms, accounting firms, banks, or the government. Chief compliance officers often have a degree in finance, law, accounting, or business administration.

Finance 130

Finance Budgeting Compliance Financial Analyst 130

PYMNTS

JANUARY 11, 2021

customers expect from their everyday primary bank account.” . He added that Revolut strives to be “the best in class for customer experience, value and capabilities” and offer a full range of services from deposit accounts and overdraft protection to loans and credit cards. billion valuation. 11) that having a U.K.

Valuation 86

Valuation Leadership Startups Banking 86

PYMNTS

DECEMBER 18, 2020

and China over trade and security issues. Securities and Exchange Commission (SEC) in August. Others have suffered from their own internal problems, such as Luckin Coffee, which was delisted in April over an accounting scandal. The Chinese IPO boom comes amid heightened tensions between the U.S. China and the U.S.

Auditing 107

Auditing Valuation Treasury Marketing 107

PYMNTS

APRIL 3, 2019

Business payments company Bill.com has secured unicorn status and launched a partnership with Mastercard to accelerate accounts payable for joint business customers. Virtual cards are more secure and provide transparency into cash in-flows and out-flows, which is critical to the growth of all small businesses.”

Accounts Payable 73

Accounts Payable Valuation B2B Invoicing 73

PYMNTS

JANUARY 28, 2020

The Curve card, which is issued by Wirecard, streamlines multiple cards and accounts into one smart card and app. Customers can also change accounts when shopping. To ensure the security of transactions, Apple Pay does not store card numbers in any device or server. The platform became the fastest U.K.

Banking 56

Banking Valuation Currencies Startups 56

PYMNTS

SEPTEMBER 13, 2019

Northmill said it had a “constructive dialogue” with the SFSA, and that banking services like payment transfers, saving accounts and cards will all be added “in the near future.”. N26, which started in 2013, has a valuation of €2.38 Monzo recently secured €126 in funding on a €2.2 billion valuation. billion valuation.

Banking 62

Banking Valuation Construction Accounting 62

PYMNTS

SEPTEMBER 21, 2020

Next Insurance Looks To Secure $250M Funding Round To Reach $2.25B Valuation. The firm is usually geared toward offering global accounts to companies underserved by financial institutions. In today’s top news in digital-first banking, Next Insurance is aiming to raise new capital that would value the FinTech startup at $2.25

Foreign Exchange 89

Foreign Exchange Banking Nonprofit Valuation 89

PYMNTS

JANUARY 29, 2021

Security and Exchange Commission (SEC) raised concerns, Reuters reported on Friday (Jan. A funding round earlier this month put Roblox’s valuation at $29.5 Online gaming and entertainment platform Roblox is holding off on a public listing after the U.S. 29), citing an employee memo. billion, up from just $4 billion almost a year ago.

Entertainment 82

Entertainment Valuation Currencies Startups 82

PYMNTS

MARCH 4, 2020

A Twitter account advocating a class action lawsuit — Robinhood Class Action — already has almost 7,000 followers. Another user tweeted that Robinhood wasn’t letting people close their accounts or move their money. Securities and Exchange Commission (SEC) to have a contingency plan in the event of service interruption, CNBC reported.

Valuation 85

Valuation Economics Planning Accounting 85

PYMNTS

SEPTEMBER 15, 2020

The service assists shoppers in making expedient and secure transactions throughout different merchants and platforms. Lonestar Cell, which is based in Liberia, is teaming with WordRemit to provide mobile remittances to clients directly to Lonestar Cell MTN Mobile Money (MoMo) accounts. The funding will provide a $10.65

Valuation 54

Valuation Securities Sales Investments 54

PYMNTS

FEBRUARY 3, 2020

North America’s biggest independent digital remittance company is introducing Passbook for immigrants, to help them bypass the typical barriers of opening a bank account. The new banking solution offers secure international money transfer benefits without fees. No Social Security number is necessary to open a Passbook account.

Valuation 58

Valuation Banking Startups Securities 58

PYMNTS

FEBRUARY 5, 2020

The Visa partnership offers users secure, cross-border payments in multiple currencies while taking advantage of Airwallex’s competitive foreign exchange rates. We have evolved to become a business account that will support the financial needs of today’s modern business.”. and Hong Kong.

B2B 71

B2B Foreign Exchange Currencies Valuation 71

PYMNTS

FEBRUARY 3, 2020

North America’s biggest independent digital remittance company is introducing Passbook for immigrants, to help them bypass the typical barriers of opening a bank account. The new banking solution offers secure international money transfer benefits without fees. No Social Security number is necessary to open a Passbook account.

Banking 55

Banking Marketing Valuation Startups 55

PYMNTS

AUGUST 14, 2020

India-based ZipLoan secured $2 million in debt funding from Stride Ventures, the Economic Times of India said this week. Mexico’s Creze secured about $12 million in fresh funding that will bolster the company’s small business lending operations. Accounting automation startup CANDIS secured about $14.2

B2B 65

B2B Finance Accounts Payable Startups 65

PYMNTS

OCTOBER 17, 2019

We can assure you all account information remains secure, and no personal or financial data is at risk.”. San Francisco-based Chime launched in 2013, offering debit cards, savings accounts and checking accounts to consumers without any fees. Earlier this year, it reached a valuation of $1.5

Banking 42

Banking Valuation Startups Leadership 42

PYMNTS

DECEMBER 4, 2020

Securities and Exchange Commission (SEC) on Friday (Dec. New pet owners account for about $4 billion in fresh demand for food and accessories. It could be looking for a $6 billion valuation. . The Silicon Valley-headquartered company filed an S-1 with the U.S. The number of shares and the pricing have not yet been released. .

Profit and Loss 66

Profit and Loss Valuation Sales Retail 66

PYMNTS

FEBRUARY 19, 2020

In a boon for small business (SMB) banking, Redwood Bank has teamed up with Insignis Cash Solutions to offer savings accounts to Insignis’ SMBs through the Insignis Cash Platform, according to a press release. billion in valuation by 2024.

Banking 52

Banking Valuation Compliance Accounting 52

PYMNTS

SEPTEMBER 16, 2019

The total to date, according to Plaid, comes to $310 million, with an implied valuation of $2.6 Visa’s investment in Plaid is the latest way we are bringing the global scale, brand, security and reliability of Visa to the FinTech community.”.

Investments 56

Investments Valuation Financial Systems Financial Data 56

PYMNTS

JANUARY 17, 2020

With Tradeshift securing a nine-figured fundraise, the supply chain payments company was the undoubted leader of this week’s B2B venture capital fundraise. But the company wasn’t the only B2B FinTech to secure fresh funding. The company secured the new investment from Marchmont Ventures, according to Insider.co.uk billion.

B2B 52

B2B Cash Flow Forecasting Valuation Startups 52

PYMNTS

NOVEMBER 21, 2019

The Silicon-based startup, launched in 2013, uses a unified application programming interface (API) to link FinTech apps with people’s bank accounts. earlier this year, Plaid has landed FinTech clients, like the budget app Cleo and the accounting app Pandle. billion valuation. and Canada. despite only being there six months.”.

Valuation 46

Valuation Budgeting Banking Startups 46

PYMNTS

AUGUST 23, 2020

In February, the Silicon Valley-based delivery unicorn filed for an initial public offering (IPO) with the Securities and Exchange Commission (SEC). At the time, DoorDash said its valuation was $13 billion at the close of 2019. as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T.

Planning 61

Planning Valuation Startups Finance 61

PYMNTS

MAY 30, 2018

Bloomberg , citing court proceedings, reported that Baratov was charged with computer fraud and is one of four people slapped with charges last year for a hacker scam that was tied to Russia’s FSB security agency. Federal prosecutors contend Baratov was hired to access 80 million Yahoo email accounts and 50 Google accounts.

Valuation 44

Valuation Securities Accounting Numbers 44

PYMNTS

MARCH 15, 2020

million), based on a pre-money valuation of €7 million ($7.77 the Securities and Exchange Commission (SEC) is planning to introduce an initiative that will lower the entry bar for startups to raise capital via crowdfunding by raising the crowdfunding limit to $5 million from $1 million. million), according to CrowdFundMe. In the U.S.,

Startups 52

Startups Valuation Finance Investments 52