PYMNTS

JUNE 29, 2020

A Chinese startup is landing hundreds of millions in additional financing as a group of investors – which includes Tencent – eyes the country’s fast-growing grocery delivery sector. Xingsheng Youxuan recently filed paperwork to go public in 2020, investment research firm EqualOcean reported.

Startups 109

Startups Valuation Investments Finance 109

PYMNTS

APRIL 23, 2019

Chinese technology conglomerate Tencent has invested in Argentinian mobile banking startup Uala, according to a report from Reuters. Point72 Ventures and George Soros have also invested in the mobile payment company. He did not reveal the amount of the investment, but said it would significantly raise the company’s valuation.

Startups 62

Startups Investments Banking Valuation 62

PYMNTS

FEBRUARY 7, 2019

British financial institution Barclays has invested $12.9 million in Bink, a startup that lets customers store and view all their loyalty cards on a phone, and also links payment cards to get points and rewards automatically, according to reports. Mike Jordan, the CEO of Bink , said he’s excited to be partnered with Barclays. “We

Startups 72

Startups Investments Banking Finance 72

Global Finance

MAY 22, 2024

So why is Southeast Asia’s startup engine stalling? VC/PE and infrastructure investment in the 10-nation region has plunged by two-thirds from a 2021 peak, according to the Global Private Capital Association (GPCA). That compares to investments in India dropping by half. In Southeast Asia the flow has turned into a drought.

Startups 108

Startups Construction Valuation Investments 108

PYMNTS

MAY 22, 2020

a Chinese grocery delivery startup, is expected to receive more than $500 million in expansion financing as COVID-19 has fueled demand for fresh food at home, sources told Bloomberg News. So far, the startup has been valued at $3 billion. Beijing’s Missfresh Ecommerce Co., backed company. and Tiger Global Management.

Startups 83

Startups Finance eCommerce Numbers 83

Future CFO

AUGUST 3, 2023

Global VC investment dropped for the sixth consecutive quarter in Q2’2023 – falling from US$86.2 In Asia, VC investment fell for the 6th consecutive quarter, reaching only $20.1 The Americas accounted for the largest share of VC investment with $42.9 The Americas accounted for the largest share of VC investment with $42.9

Investments 52

Investments Concentration Startups Education 52

CFO News

AUGUST 25, 2023

Finance Minister Nirmala Sitharaman highlighted India's resilience and potential at the B20 Summit, choosing to focus on India's narrative rather than China's economic challenges. Sitharaman also outlined the government's initiatives to support infrastructure development, startups, and address climate concerns.

Economics 52

Economics Finance Startups Investments 52

PYMNTS

APRIL 13, 2018

This week’s VC Investment Roundup demonstrates investors’ varied appetite for B2B FinTech. Funding targets this time around included blockchain, logistics, alternative finance, artificial intelligence and T&E — with a few startups taking a stab at some of the biggest problems in the cannabis industry, procurement and microfinance.

Startups 51

Startups Investments Finance B2B 51

PYMNTS

FEBRUARY 17, 2020

Venture capitalists in China are putting record levels of money into tech startups in India, raising questions about the ability of the geopolitical rivals to work cooperatively, the Financial Times (FT) reported on Monday (Feb. Indian startups can also be stigmatized for taking funds from Chinese venture capitalists.

Startups 91

Startups Manufacturing Numbers Investments 91

Global Finance

JUNE 13, 2024

Head of Commercial Bank in North America at Citi discusses the company’s reorganization of its banking lines with Global Finance. Part of the simplified operations model included putting its commercial banking, corporate banking and investment banking businesses under one Banking business line. in New York.

Foreign Exchange 52

Foreign Exchange Banking Investments Startups 52

Boston Startup CFO

FEBRUARY 22, 2023

Just as couples’ therapists emphasize the importance of intimacy for a successful marriage, a key to running a successful startup lies in developing a deep and intimate relationship with your business finances. Finance is the lifeblood of any business, the foundation upon which everything else is built. Think about it.

Startups 52

Startups CFO Financial Data Finance 52

PYMNTS

SEPTEMBER 28, 2017

The startups and small businesses that innovate aren’t just coming up with new technologies — they’re creating entirely new business models that, while progressive, can place increasing pressure on cash flow management for the enterprise. This is the type of market Venbridge has in mind.

Startups 40

Startups Investments Pharmaceutical Finance 40

PYMNTS

JULY 5, 2020

an investment company owned by the Singapore government, are in talks to invest as much as $1 billion for Tokopedia , sources told Bloomberg News. We see our mission, to make it easy to do business anywhere, reflected in Tokopedia’s journey,” said Finance Manager Kenny Ho at Alibaba at the time. Microsoft Corp.

eCommerce 105

eCommerce Investments Startups Retail 105

CFO News Room

DECEMBER 16, 2021

Jana is not only the VP Finance at omni:us, but she is also the inventor of the finance toolbox, a playbook to help startups create their finance processes from scratch. finance cfo business fundraising startup tech software saas. by CFO Connect. Dec 16 2021. Source link.

Prioritization 130

Prioritization CFO Startups Finance 130

PYMNTS

JANUARY 7, 2021

Cloud banking startup Mambu has raised €110 million (nearly $135 million) in a new funding round aimed at financing the company’s global expansion. TCV led the latest round of financing, with Tiger Global and Arena Holdings contributing additional dollars. TCV's investments include Netflix, RELEX, Spotify and WorldRemit. .

Valuation 102

Valuation Investments Nonprofit Leverage 102

CFO News

FEBRUARY 17, 2023

The government in the Finance Bill this year has omitted the term ‘resident’ while referring to investors under the Section 56(2)(viib) of the Income-tax Act, thus making angel tax applicable on all foreign investments.

Startups 98

Startups Finance Investments 98

PYMNTS

AUGUST 14, 2020

Investments ranged across geographies and industries, but the biggest highlights landed on trade financing and early wage access innovators, as startups bolster their value by supporting small businesses’ and employees’ financial recovery. Accounting automation startup CANDIS secured about $14.2

B2B 65

B2B Finance Accounts Payable Startups 65

PYMNTS

JUNE 24, 2020

Bucking the coronavirus-driven economic downturn, Indian FinTech Aye Finance on Wednesday (June 24) said it had raised $27.5 The startup has raised $91 million over its six years in business and is now valued at over $250 million, according to a report in the The Economic Times citing a regulatory filing. That followed a $16.8

Finance 73

Finance Startups Economics Investments 73

Global Finance

JUNE 4, 2024

Currency: Sri Lankan rupee Investment promotion agency: The Board of Investment of Sri Lanka (BOI) Investment incentives: All incentives are subject to approvals and registrations. The BOI approves private FDI and local investments. Just as concerning is the mix of investment targets. billion. .): billion in 2022.

Economics 105

Economics Restructuring Currencies Manufacturing 105

PYMNTS

OCTOBER 23, 2020

And while investors targeted an accounts payable payments startup as well as another platform designed to help other startups understand their equity, a common theme this week was investment in risk mitigation capabilities. This startup connects founder and employees to a solution that can help them understand their equity.

B2B 63

B2B Startups Accounts Payable Compliance 63

Spreadym

JULY 21, 2023

Digital transformation in finance refers to the process of integrating digital technologies and innovations into all aspects of financial services and operations within a financial institution or organization. What is a Goal of Digital Transformation in Finance?

Finance 52

Finance Prioritization Compliance Leverage 52

PYMNTS

JULY 5, 2020

Zomato , the $3 billion Indian food startup, has been cut off from its biggest Chinese investor Ant Financial amid new Indian regulations, The Financial Times reports. Ant Financial has almost 25 percent stake in Zomato, having invested a total of almost $560 million in the company.

Startups 83

Startups Investments Finance Securities 83

PYMNTS

NOVEMBER 18, 2020

Global payments startup Veem is launching a new business-to-business (B2B) tool to simplify and automate domestic payments, the company announced in a Wednesday (Nov. The new investment will be used to further expand its global footprint as well as improve its tools and capabilities. . 18) press release.

B2B 109

B2B Startups Invoicing Accounting 109

VCFO

MARCH 9, 2023

So how did Schoox move from a startup with a bold vision to a strong and rapidly growing organization with now more than 2,000 customers and 20 million learners around the world? would require strong legal, finance, HR, and other expertise to connect the organization’s two worlds and establish its foundational structures.

Startups 60

Startups Leadership CFO Leverage 60

PYMNTS

JULY 2, 2018

When it comes to financial services and financial technology startups, making the right investment decisions is not easy or obvious work. Anthemis holds a unique place in the startup investing marketplace. And that “what could work” attitude carries over into their work with the FIs they advise.

Startups 41

Startups Investments Banking Construction 41

CFO News

FEBRUARY 12, 2023

The Finance Bill, 2023 has proposed amending Section 56(2)(viib) of the I-T Act, thereby bringing overseas investment in unlisted closely held companies, excepting DPIIT-recognised startups, under the tax net.

Investments 52

Investments Valuation Startups Finance 52

The Finance Weekly

JUNE 20, 2022

Categories such as healthcare, media, education, and of course finance, highlight the list, but with 20 categories overall, there is a wide variety of everything that young people have made a splash in. Finance has made an especially big impact this past year and the 2022 list has some impressive accomplishments. 2) Julia Sohajda.

Finance 52

Finance Startups Healthcare Valuation 52

Global Finance

JUNE 4, 2024

Given the high demand for such workers, the bank is determined to create a startup environment. Should Mexico’s nearshoring boom come to pass with estimates of $30 billion to $40 billion worth of foreign direct investment from this alone, Capital One would be well placed to take advantage of the “superpeso” phenomena.

Banking 97

Banking Startups Technology Finance 97

PYMNTS

SEPTEMBER 24, 2018

Commercial card startup Brex is seeking unicorn status with its next funding round, The Wall Street Journal ( WSJ ) reported Friday (Sept. Brex, founded by two Brazilian entrepreneurs, emerged on the market as a FinTech issuing corporate cards to other startups. Adoption of commercial cards for a variety of use cases is on the rise.

Startups 70

Startups Valuation CFO Investments 70

PYMNTS

NOVEMBER 9, 2018

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. Other notable rounds included a $60 million investment in a logistics software firm, as well as several investments in the alternative small business (SMB) finance space.

Startups 63

Startups B2B Investments Finance 63

PYMNTS

JULY 10, 2017

B2B payments startup PayStand announced new funding last week, but the investment is notable for more than one reason. Reports Friday (July 7) said PayStand was one of two startups that attracted financing from LEAP Global Partners’ first early stage venture capital fund, LEAP Partners I.

Startups 40

Startups B2B Investments B2C 40

PYMNTS

SEPTEMBER 2, 2016

With more than $83 million in venture capital and growth equity for B2B startups this week, the space is headed for a promising second half of the year. Let’s start with the big news: Venture capitalists have yet again placed their financial support in a B2B payments startup, a rare feat that could be the sign of a trend this season.

B2B 40

B2B Startups Investments B2C 40

PYMNTS

SEPTEMBER 8, 2020

Dutch FinTech Mollie has just closed on $100 million in new financing, as the startup looks to expand internationally and pump additional money into product development and engineering. The $100 million in investment capital marks the second time Mollie has cut a major financing deal, following a $29.5

Startups 56

Startups Investments Finance eCommerce 56

PYMNTS

JANUARY 7, 2020

Despite headline-grabbing startup debacles, U.S. billion when the startup was looking for $500 million in December, a source told FT. The index measures startups worth over $500 million that are backed by venture capital (VC). 30) with a $100 million fund to invest in middle-stage companies.

Startups 52

Startups Valuation Investments Finance 52

PYMNTS

JANUARY 26, 2021

Financial services startup Albert has raised $100 million in a Series C funding round led by General Atlantic, the company announced on Tuesday (Jan. Headquartered in Los Angeles, Albert aims to develop new financial services to change how people manage, save, invest and think about their money.

Startups 83

Startups Investments Finance 83

PYMNTS

APRIL 3, 2020

tech lobby is reasserting the need to help EU startups with funding as venture capital money dries up in the wake of the coronavirus pandemic. . Led by the Brussels-based Allied for Startups , the letter warns that the continued economic fallout triggered by the pandemic will put the brakes on the fast-growing tech sector.

Startups 52

Startups Economics Investments Planning 52

PYMNTS

JANUARY 6, 2020

To that end, as estimated by the research company Tracxn, India-based tech startups attracted a record amount of funding from investors – $14.5 And drilling down into the numbers, there were a total of 1,185 financing rounds, 459 of which were Series A rounds, funded by 817 investors. billion last year, better than the $10.6

Startups 52

Startups eCommerce Investments B2B 52