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FMCG Data Startup Convert Group Notches €1.2 Million

PYMNTS

The startup offers software-as-a-service (SaaS) to let brands know how they are performing throughout eCommerce, according to reports. The investment, for its part, comes from EquiFund-backed Uni.fund. To bring online shopping visibility to fast-moving consumer goods (FMCG), Greece-based Convert Group has notched €1.2

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FTX and the Problem of Unchecked Founder Power

CFO News Room

Startup founders typically face a fundamental tradeoff: They can grow the company, increasing its value and the value of their shares, but to do so they must give up some control. Co-founders and employees who join the startup want to know that it is well managed. Or, they can keep control, at the expense of growth.

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Supply Chain Startup Zilingo Makes US Push

PYMNTS

The startup is bringing offices to Los Angeles and New York and hiring product as well as sales teams as it drives an effort to get more U.S. The startup says it has 800 employees and plans to grow its U.S. The startup says it has 800 employees and plans to grow its U.S. team to over 100 from 17 in the next year.

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What Are The 4 Components of Financial Health?

CFO Share

In the dynamic realm of startups and SMBs, understanding the pillars of financial health is paramount. For SMBs and startups, liquidity ensures operations run seamlessly, avoiding disruptions caused by short-term cash constraints. For SMBs and startups, managing long-term liabilities effectively and building assets is vital.

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Workspace Sharing Startups The New Favorite With B2B Investors

PYMNTS

However, this summer, a different kind of B2B startup has captured investors’ attention. This week, the largest investment round went to one industry player in China. Enterprise blockchain startup Axoni secured $32 million in Series B funding this week, the company announced in a press release. million.

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Meta, Maxar Technologies, Ford, Goldman Sachs and more

CFO News Room

Adobe maintained its forecast for the new fiscal year, while announcing a plan to buy hot startup Figma in the quarter. The investment firm said it expects free cash flow at Lincoln National will remain pressured in 2023 and 2024. gained access to necessary audit documents. However, it also reported profit margins of 18.6%

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Mercury Notches $20M To Fund Startups

PYMNTS

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.