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PodChats for FutureCFO: Why intercompany accounting is crucial for post-merger success

Future CFO

There will be intercompany transactions that happen between them, and it gets very complex when businesses are international – whether it's regulation or taxation, foreign exchange rates, or compliance. Large companies typically have subsidiary businesses that sell to each other. Source: Dimensional Research, BlackLine 2022.

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M&A, Open Banking Drive Commercial Card Innovation

PYMNTS

Brex Goes on Acquisition Spree. This week, corporate card startup Brex announced the acquisition of three companies to strengthen its card offering. Archa Collabs With i2c in Australia. Payhawk Explores Open Banking’s Biz Card Opportunity. ” Borisov spoke with PYMNTS on the heels of Payhawk’s announcement of a $3.23

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B2B FinTechs Diversify Funding Strategies With M&A, IPOs

PYMNTS

Further, this week’s B2B Venture Capital roundup finds VC funding isn’t the only investment strategy for B2B FinTechs, with (mergers and acquisitions) M&A activity seeking a spike, as well as some high-profile plans by industry players to go public. Cardlay, based in the U.K., Also in the U.K., Funding Xchange secured $10.3

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How Multi-Entity SMBs Can Navigate A World Of Billing Complexity

PYMNTS

Whether that means establishing subsidiaries abroad, acquiring customers in new geographic markets, or stepping into a new space via mergers and acquisitions (M&A), even small companies are often global ones. The world is flattening for businesses of all sizes that now find it easier than ever to expand across borders.

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Corporate Payments Growth Fuels FLEETCOR Q4 Earnings

PYMNTS

The healthcare and construction industries are among the strong points of FLEETCOR’s corporate payment operations, particularly with 2018 being the first full year with Cambridge Global Payments under the FLEETCOR belt after closing the acquisition in 2017 — a business that showed a “rocking” performance in 2018, said Clarke.

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Moneycorp Goes After SMEs With Corporate FX Acquisition

PYMNTS

based foreign exchange company Moneycorp is entering the U.S. market and targeting SME clients through its acquisition of Commonwealth FX. Moneycorp provides online and telephone payments and facilitated more than seven million transactions last year totaling $32.3 million in value, according to reports.

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Finastra Bolsters FX Trading For FIs With Olfa Soft Takeover

PYMNTS

Finastra , the FinTech conglomerate formed last year via the merger of Misys and D+H, is expanding through yet another M&A deal. In a press release sent to PYMNTS by Finastra, the company announced it reached a deal to acquire Olfa Soft SA , a foreign exchange (FX) eTrading platform for banks and financial institutions (FIs).