PYMNTS

DECEMBER 3, 2020

million customers, including over 60,000 business users, and over 100,000 in its paid-for current accounts Monzo Plus and Monzo Premium, according to the report. The company's valuation after this funding round is now 1.2 The company also now has over 4.8 billion pounds ($1.6

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PYMNTS

SEPTEMBER 18, 2020

billion valuation, CNBC reported. Chime, which CEO Chris Britt co-founded in 2013, provides clients mobile banking accounts without charges, debit cards and automated teller machine (ATM) access. Chime’s funding comes on the heels of free-trading app Robinhood’s fundraise in August at a valuation of $11.2

Valuation 105

Valuation Banking Startups Investments 105

CFO Network

SEPTEMBER 2, 2021

But did you know that business valuation can give you more insight into your business than just the economic value? Keep reading to learn more about why business valuation is such an important process for every business. Business valuation is the best way to get proof of how well your business is doing year to year.

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PYMNTS

JUNE 16, 2020

bank Monzo , fresh off a round of layoffs, has taken a major hit from the coronavirus pandemic, as shown by a funding valuation that is 40 percent lower than its valuation last year. billion valuation a year ago, as reported by PYMNTS , while talks were in progress. Online U.K. billion, down from its $2.5

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Valuation Startups Banking Numbers 94

Musings on Markets

NOVEMBER 10, 2022

In this post, I will revisit Facebook's most recent earnings report, and argue that while it contained disappointing news on growth and profitability, the bad news was exaggerated by systematic inconsistencies in how accountants categorize expenses, skewing earnings and invested capital down in firms that don't fit the accounting prototype.

Accounting 74

Accounting Advertising Valuation Investments 74

PYMNTS

JANUARY 6, 2021

Petco will file its initial public offering (IPO) with a valuation of almost $4 billion, according to a registration statement filed with the Securities and Exchange Commission (SEC) Wednesday (Jan. That will come with a price-per-share of $14 to $17. The company, as such, set its sights on going public in December. percent.

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Valuation eCommerce Forecasting Numbers 102

CFO Dive

MAY 12, 2022

The board is getting serious about improving accounting standards for digital assets even as a crypto market slump is hammering valuations.

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Prioritization Accounting Standards Valuation Accounting 249

The Charity CFO

MAY 10, 2022

If your nonprofit uses donations of supplies, services, and even time to help fund your operations, you need to know about recent changes in accounting standards for in kind donations. The changes impact the presentation of your data, so you may not need to change the process for how you track or account for in kind contributions internally.

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Accounting Standards Accounting GAAP Nonprofit 98

Creative CFP

MARCH 5, 2021

The purpose of a Business Valuation While most can only dream of selling their business for that amount of money, it is important to know how one goes about valuing a business, no matter what the size. A valuation may be required for periodic reporting (i.e. How do we value a business?

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Valuation Forecasting CFO Construction 52

Creative CFP

MARCH 5, 2021

The purpose of a Business Valuation While most can only dream of selling their business for that amount of money, it is important to know how one goes about valuing a business, no matter what the size. A valuation may be required for periodic reporting (i.e. In South Africa more than 70% of SMEs fail within their first 5 years.

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Valuation Forecasting CFO Construction 52

Musings on Markets

AUGUST 2, 2021

Just over a week ago, I valued Zomato ahead of its market debut, and as with almost every valuation that I do on this forum, I heard from many of you. The Prelude After I posted my valuation last week, I did find some of the portrayals of my post to be a little unsettling. Let me dispel both delusions.

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Valuation Numbers Investments Marketing 52

Musings on Markets

JANUARY 11, 2024

I balked at teaching this motley collection of topics and wanted to teach a class on valuation, but I was told that there was not enough stuff in valuation to fill a class. In the fall of 1986, I taught a valuation class in my security analyst slot, and with no cameras in the classroom or complaints from students, no one was any wiser.

Corporate Finance 128

Corporate Finance Valuation Finance Investments 128

PYMNTS

DECEMBER 5, 2019

Silicon Valley-based Chime has raised $500 million in a Series E funding round that sent its valuation soaring to $5.8 Chime’s account base is 6.5 The branchless bank offers no-fee accounts and free overdrafts and goes after customers who are dissatisfied with traditional banks. billion, CNBC reported on Thursday (Dec.

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Valuation Banking Startups Accounting 57

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

DECEMBER 9, 2019

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. billion valuation led by PayPal Co-founder Peter Thiel and Mastercard. 9), citing sources. This latest fundraising could top $300 million.

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Valuation Accounts Payable Invoicing Accounting 52

PYMNTS

MAY 29, 2019

Robinhood Markets , the operator of a free mobile trading app, is close to garnering a valuation of $7 billion or more. CNBC , citing two people familiar with the deal, reported Robinhood has raised a minimum of $200 million in a recent late-stage fundraising round that will give it a valuation of between $7 billion and $8 billion.

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Valuation Cash Management Currencies Banking 63

CFO Dive

APRIL 12, 2022

Making money based on the customer's savings or revenue generated from the product or service is gaining steam but valuation and accounting challenges are still being sorted out.

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Valuation Accounting 190

CFO News Room

DECEMBER 22, 2022

Starting in late January 2023, I will be back in the classroom, teaching valuation and corporate finance to the MBAs and valuation to the undergraduates, and these classes will continue through May 2023. Just as a note of warning, this is my quirky version of accounting, and I don’t follow the accounting script in this class.

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Marketing Corporate Finance Valuation Finance 130

PYMNTS

OCTOBER 31, 2018

mobile-only bank, now has a valuation of $1.3 Reuters , citing Monzo, reported the mobile bank said Wednesday (October 31) that it raised 85 million pounds — and as a result, has a valuation of more than $1 billion. With a valuation of $1.3 Unicorn status happens when the company has a valuation of $1 billion or more.

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Valuation Profit and Loss Startups Banking 61

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.

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Valuation Banking Startups Accounting 60

PYMNTS

MARCH 5, 2019

now has a valuation of $1.5 Chime noted in its press release that it began March with more than three million FDIC bank accounts. Chime launched in 2013, offering debit cards, savings accounts and checking accounts to consumers without any fees. billion valuation, with DST leading the round. billion valuation.

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Valuation Leadership Startups Banking 46

CFA Institute

JANUARY 11, 2019

Intangible assets are increasingly critical to corporate value, and new valuation methods need to be deployed to accurately calculate their worth.

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Valuation Performance Measuring Financial Analysis Economics 63

CFO News

MARCH 26, 2023

Barclays expects the improving external sector fundamentals and relatively cheap valuations to help the rupee rally later as the dollar weakens. But most remain cautious amid global volatility and the Reserve Bank of India’s aim to build back reserves at every opportunity.

Accounting 52

Accounting Valuation Banking 52

PYMNTS

JUNE 11, 2019

Brex, the credit card startup, announced Tuesday (June 11) it raised $100 million in venture funding, giving the company a valuation of $2.6 The funding comes a few months after Brex raised $125 million, giving it a valuation of $1.1 Brex extends credit to startups based on the amount of money in their corporate bank accounts.

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Valuation Startups eCommerce Investments 65

CFO News Room

JANUARY 25, 2023

During my teaching lifetime, I have taught a wide swath of classes, ranging from banking to equity instruments, but in the last twenty years, my focus has been on three classes, c orporate finance, valuation and investment philosophies , with the last one taught only online.

Marketing 130

Marketing Corporate Finance Valuation Finance 130

CFO Dive

AUGUST 17, 2022

The accounting changes come as crypto-asset valuations have taken a beating and drawn increasing regulatory scrutiny.

GAAP 147

GAAP Valuation Accounting 147

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 latest fundraising round included General Atlantic, a previous investor.

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Valuation Startups Sales Finance 46

PYMNTS

JULY 29, 2020

through the TransferWise borderless account, with the new product set to launch within a year. the New Zealand cloud accounting startup, is collaborating with TransferWise to offer more financial tools. In May, PYMNTS reported Xero ?,

Valuation 65

Valuation Startups Sales Investments 65

PYMNTS

SEPTEMBER 19, 2019

FinTech Stripe is raising $250 million in its latest funding round and has reached a pre-money valuation of $35 billion, according to a release on Thursday (Sept. It also added the ability for instant payouts to all Stripe accounts in the U.S. General Catalyst, Sequoia and Andreessen Horowitz all participated in the round.

Valuation 73

Valuation Treasury Investments Economics 73

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

CFO News

NOVEMBER 29, 2023

Late last year, Prosus said it had ceased equity accounting of Byju’s as it had lost “significant influence” over the firm after its holding slipped below 10%.

Valuation 52

Valuation Accounting 52

PYMNTS

SEPTEMBER 20, 2019

You’d be forgiven for thinking that the WeWork IPO – rather, the shelving of that IPO , at least for now – heralds the end of rich valuations for firms viewed as entrenched in the early stages of disruption. Stripe has said it has millions of businesses in its roster, accounting for hundreds of billions of dollars a year in processing volume.

Valuation 49

Valuation Profit and Loss Compliance Forecasting 49

PYMNTS

SEPTEMBER 24, 2020

The investment and its associated valuation put the company's total value in excess of $1.2 Greenlight said in Thursday’s announcement that children have saved more than $50 million through their Greenlight accounts. 24) it raised $215 million in Series C venture funding. billion, according to a company blog post.

Valuation 56

Valuation Leadership Investments Technology 56

CFO News Room

NOVEMBER 16, 2022

In the second post, I pointed to inconsistencies in how accountants classify operating, capital and financing expenses , and the consequences for reported accounting numbers. As someone who has spent the last four decades talking, teaching and doing valuation that we have lost our way in valuation.

Marketing 130

Marketing Valuation Advertising Numbers 130

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.

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Valuation Accounts Payable Reconciliations Startups 57

PYMNTS

MARCH 1, 2020

So far, Accolade has raised over $230 million with a valuation of roughly $620 million, according to PitchBook. On its own, Comcast accounted for 35 percent of Accolade’s revenue. CEO Raj Singh leads the health benefits platform, and Chief Product Officer Mike Hilton, both co-founders of the travel expense software firm Concur. .

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Valuation Startups Transportation Securities 66

PYMNTS

OCTOBER 3, 2019

FinTech startup Brex is launching a business cash management account to replace traditional business bank accounts, the company said in a press release on Wednesday (Oct. The Brex Cash account will work with the Brex Card on one network and offers users a return of 1.6 percent or more as well as Brex reward points.

Accounting 57

Accounting Banking Valuation Cash Management 57