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Market gives thumbs up to Budget 2022

CFO News Room

But unlike other Budget Days, benchmarks ended the day in the green, as investors cheered a growth-oriented Budget. The government’s record borrowing plans for the next financial year sent benchmark bond yields to two-and-a-half years high. By Yoosef Kp & Ruchit Purohit. After surging as much as 1,018.03

Budgeting 130
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SEC Flags Benchmark That Obscured WeWork’s Bottom Line

PYMNTS

The contribution margin — also used by Lyft and Peloton — ignores fixed and startup costs, and highlights core service revenue. The use of the metric raised red flags from analysts, though, and got the attention of the Securities and Exchange Commission (SEC). The SEC is now reviewing WeWork’s reporting of financials and disclosures.

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SME Accounting Startup Breaks Ground With UK IPO

PYMNTS

18) reports said FreeAgent has become the first IPO on the market delivered by an equity crowdfunding platform, Seedrs, which launched a funding campaign for the startup last year. Still, FreeAgent’s listing is good news for Seedrs, which also revealed last week that it secured a 14.4 Friday (Nov. million) for the company.

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Startups (And Their Investors) Offer Enterprise Processes A Digital Overhaul

PYMNTS

With more than $370 million raised by B2B startups this week, investors are showing their support for companies that help other businesses embrace digitization. Beijing-housed Geek+ has secured an impressive $150 million for its robotics technology that targets supply chain management and logistics operations. Cybersprint.

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Digits Lands GV Backing For Expense Management Tech

PYMNTS

Silicon Valley FinTech startup Digits announced a $22 million Series B funding round led by GV — formerly known as Google Ventures — to launch its new expense monitoring dashboard, according to a company blog post. Everything is encrypted for security. “We million Series A funding round led by Benchmark.

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Key Factors Influencing Business Valuation

CFO Share

For the passionate startup founders and dedicated SMB CEOs, knowing the true value of your business isn’t just about numbers; it’s about the heart and soul you’ve poured into your venture. Act now to fortify your business’s financial footing and secure its long-term success!

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Using Sensors And IoT To Thwart Home Invasions (Of Privacy)

PYMNTS

To monitor a home and to make sure all is safe and secure means you have to monitor the people and the activities inside. Fast forward from Minut’s founding in 2014 to today, and the focus is to provide security that leverages motion detection and sound to monitor homes without compromising privacy.