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Investors Cool on Internet-of-Things Startups, a Tech Conduit for Retailers

CFO News Room

Many stores, which came to rely on software-connected systems during the Covid-19 pandemic, are now leveraging these capabilities to eke out efficiencies that can help keep prices down amid stubbornly high inflation and rising interest rates, industry analysts said. Over the same period, investment dollars in IoT startups fell 57.2%

Startups 100
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Loadsmart Lands $90M From BlackRock, Maersk, For Digital Shipping Platform

PYMNTS

Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments. Loadsmart said it has instead focused on what its online shipping platform can do for companies in the transportation business on a value-added basis, “coupled with API integrations.”.

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How the Digital Solutions Economy is Changing the Electronics Sector

Bramasol

This can help them plan and invest for the long term, rather than relying on variable sales of individual products. Also, the ability to leverage comprehensive agnostic analytics tools such as SAP Analytics Cloud will be key to enabling agile decision-making that takes into account timely data from all parts of the end-to-end process.

SAP 84
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Uber Lands $1B To Fund Advanced Technologies Unit

PYMNTS

Uber announced late last week that it landed a $1 billion investment from Toyota, DENSO and the SoftBank Vision Fund. On Twitter , Uber Chief Executive Dara Khosrowshahi announced the investment, saying the companies are jointly working toward “the future of mobility.” The investment gives Uber ATG a valuation of $7.25

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Treading along the propulsion of the digital payments system

Future CFO

With growth also high on the agenda of Boards and CEOs, finance leaders must balance cost-control efforts against investments. They also had to learn how to leverage the new opportunities from payments to go beyond just the handling of transactions, and how to derive new revenue streams and build new products and services around payments.

Banking 98
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Challenger Banks Raise The Stakes (And The Cash)

PYMNTS

With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. Wise is one of them, and reports said the company has just secured $5.7 and Mexico. and Mexico.

Banking 66
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Consumers' Preference For Online Car Sales And Auto Loans Shakes Up Banks And Dealers

PYMNTS

Many buyers who have secured financing digitally had a great experience and won’t go back to the old way of doing things — even when COVID-19 is no longer a factor.”. More consumers have sought to buy cars as a result of urban flight or to avoid public transportation. Power, said in releasing the J.D. Power 2020 U.S.

Sales 85