Remove Currencies Remove Investments Remove Numbers Remove Startups
article thumbnail

Sri Lanka: Recovery Takes Hold

Global Finance

The latest such episode started in 2019 with the ongoing debt crisis, followed by a currency collapse and, in 2022, the fall of the scandal-ridden government of Rajapaksa. The BOI approves private FDI and local investments. Each time, it has bounced back. billion GDP growth (2023): 4.5% Inflation: (April 2024): 1.5%

Economics 105
article thumbnail

Daily Data Dive: Investment Wrap Up

PYMNTS

From startups to blockchain and financial institutions, there has been a myriad of investing related news announced late this week. Here are the numbers: $2 billion | Amount Snapchat is predicted to lose in 2017. million | Amount of funding announced by food delivery startup JoyRun. $7 subprime lender. . $7

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Enterprise Security Returns To Top Of B2B Investment Mountain

PYMNTS

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. But Software-as-a-Service emerged as a hot spot, too, with the largest investment round of the week going to a B2B eCommerce SaaS provider.

B2B 75
article thumbnail

Bitcoin Daily: SEC, Kik In Court Over Token Sale; Billionaire Tim Draper Eyes Investing In India’s Crypto Sector

PYMNTS

In addition, the firm contended the second sale was not a securities offering as the company didn’t provide investors with contractual obligations or pledge returns on investment. In other news, Tim Draper is eyeing the early digital currency space in India, Cointelegraph reported. I hope to be able to fund a number of them.”.

Sales 52
article thumbnail

Accounting Startup Tipalti Raises $76M In Series D Led By Zeev Ventures

PYMNTS

San Mateo accounts payable automation startup Tipalti won $76 million in a funding round led by Zeev Ventures. Tipalti also services other big-name tech startups, including Uber, Roku, GoDaddy and Foursquare. The startup targets mid-market firms. full-time accounts payable employees. .

article thumbnail

Budget 2022-23: Taxing virtual assets doesn’t give legitimacy to cryptocurrencies, says FM Nirmala Sitharaman

CFO News Room

After presenting the Budget, finance minister Nirmala Sitharaman interacted with a group of media persons where she highlighted the government’s resolve to generate more jobs by giving thrust to startups, MSMEs, manufacturing firms and defence equipment producers. Every individual cannot be mining currency. Is it not illicit?

Budgeting 100
article thumbnail

Bitcoin Soars In Japan, But What’s ‘Synthetic Currency?’

PYMNTS

Russia’s love-hate relationship with digital currency continues. Now, Russia has overcome its fears and has opened the first digital currency exchange. The new exchange will provide 24/7 currency exchange services and, according to News BTC , the Russian exchange is an actual office. In the first half of 2016, 7.8