The Finance Weekly

FEBRUARY 22, 2023

A startup usually can't afford to establish a complete finance organization with accountants, controllers, planners, and tax specialists right from the beginning. To establish an effective finance function for a startup, the process can be divided into three stages.

Startups 52

Startups Finance CFO Forecasting 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

PYMNTS

APRIL 23, 2019

Financial management is mission-critical to the health and vitality of small business (SMB), but it’s also one of the most difficult tasks for entrepreneurs and business owners that may have the skills to launch new products or services, but lack the accounting expertise to handle the numbers. The firm secured $1.8

Numbers 61

Numbers Accounting CFO Financial Analysis 61

PYMNTS

APRIL 8, 2019

An Israeli startup that creates anti-fraud services that deal with online transactions wants to raise $200 million for expansion, according to a report in Bloomberg. Many Israeli tech startups have attracted investor interest lately, and investment has increased in the past three years to the tune of 37 percent – a total of $856 in 2018.

eCommerce 72

eCommerce Startups Investments Numbers 72

PYMNTS

OCTOBER 22, 2020

In today’s top payments news around the world, Swedish peer-to-peer (P2P) lending upstart Lendify has reportedly secured $115 million of funding, while international trade platform Contour has teamed with information technology (IT) solutions firm Mphasis. Swedish Startup Lendify Closes $115M Funding Deal. Morgan Stanley and J.P.

Securities 53

Securities Startups B2B Investments 53

PYMNTS

OCTOBER 28, 2019

ID verification startup IDnow has received a $40 million growth equity investment from private equity group Corsair Capital, according to reports. The segment of ID verification is growing, and other startups in the field, like Onfido and Jumio, have raised large amounts of capital in the last few years. “Our

Startups 40

Startups Investments Securities Numbers 40

PYMNTS

APRIL 8, 2019

A startup called Landed that helps teachers buy houses has raised $7.5 Our mission is to help these people build financial security and help them remain committed to their communities,” Landed co-founder Alex Lofton said. million in a Series A funding round, according to reports.

Startups 51

Startups Education Economics Securities 51

PYMNTS

NOVEMBER 25, 2019

In today’s top payments news, India’s mobile payments startup Paytm said on Monday (Nov. 25) that it secured $1 billion in new funds from Japan’s SoftBank and China’s Alibaba affiliate Ant. The exposed information, however, reportedly did not include password data, Social Security numbers or any financial information.

Securities 52

Securities Accounts Payable Startups Transportation 52

PYMNTS

AUGUST 28, 2018

Very Good Security (VGS), a startup working to protect data, told TechCrunch on Tuesday (August 28) that it raised $8.5 Andreessen Horowitz partner Alex Rampell is joining the Very Good Security board as a result of the investment. Real card numbers are only swapped back in when a payment is being sent to the processor.

Securities 40

Securities Startups Investments Numbers 40

PYMNTS

JANUARY 12, 2018

Hackers, he explained, can insert malware into mobile apps and intercept user information such as credit card numbers and login credentials, just as invisibly as these payments are made in the first place. That’s the problem that startup Arxan aims to solve. The call is coming from inside the house, so to speak.

Startups 47

Startups Entertainment Securities Banking 47

PYMNTS

SEPTEMBER 22, 2016

The Indian and American startup ecosystems are tremendously different, but there still may be many similarities. Some elements are universal — like the startup’s starting-up lifecycle — but others, like certain cultural norms, depart from each other. His company, Roomi, is a peer-to-peer platform helping people secure shared housing.

Startups 68

Startups Investments Securities Numbers 68

PYMNTS

APRIL 25, 2018

Or corporate ones — especially considering just how many IoT for industry devices are out there that still need securing. 1 million: The number of background checks Checkr runs per month. 97 percent: The number of organizations that report a cyberattack on their IoT devices would be catastrophic. The good news?

Securities 40

Securities Startups Numbers Accounting 40

PYMNTS

NOVEMBER 6, 2017

The Social Security number (SSN) was never meant to get this much attention. Yet those nine numbers have become a standard bearer for identity verification, a gold mine for fraudsters – maybe rendered moot by the huge breaches at Equifax and other companies. Let’s not pick solely on the SSN.

Securities 43

Securities Numbers Accounting Banking 43

PYMNTS

JANUARY 13, 2017

Things appeared to be going alright for drone startup Lily Robotics up until recently. In December, reports suggested Snapchat was eyeing the drone startup as a possible acquisition as part of its search to build out its wearable camera, augmented reality and virtual reality application offerings. Yesterday (Jan. Yesterday (Jan.

Startups 40

Startups Manufacturing Securities Finance 40

Nerd's Eye View

SEPTEMBER 4, 2023

This month's edition kicks off with the news that WiserAdvisor, one of the longest-running lead generation services in the industry, has acquired IndyFin, a startup advisor rating platform that had aspired to be the 'Yelp for Advisors' – which on the one hand provides WiserAdvisor with an opportunity to jump into the business of client reviews (..)

Startups 90

Startups Technology Investments Planning 90

PYMNTS

JANUARY 12, 2017

The last five days have seen numbers bouncing around between $790 and $800. While not quite back up to last October’s highs, these numbers are nothing to scoff at. Another number was on Amazon’s mind of late as well: $20 million. Just a few days ago, Amazon quietly acquired AI security startup harvest.ai

Numbers 40

Numbers Retail Leverage Startups 40

PYMNTS

DECEMBER 28, 2016

Safety may come first, but the security guard industry hasn’t really been updated in decades. As an “Uber of X” company, San Francisco–based Bannerman pairs security guards with businesses in high-rise buildings seeking protection. Security guards today rely very much on pen and paper and phone tag. Absolutely.

Securities 69

Securities Math Startups Technology 69

PYMNTS

JANUARY 18, 2017

New York City-based subscription model and B2C eCommerce enabler startup OrderGroove recently raised $20 million in a Series C venture funding round led by National Securities Corporation. Founded in 2010, OrderGroove’s claim to startup fame is a SaaS-based subscription and membership commerce platform and network.

Startups 48

Startups B2C Valuation eCommerce 48

The Finance Weekly

JANUARY 8, 2024

It's crucial to have an accurate and ,, useful forecast for any business, especially for SaaS startups. Sadly, a whopping ,, 90% of startups don't make it. Even successful startups have had to lay off many employees. However, startups can succeed with careful planning. Knowing your burn rate is essential.

Forecasting 52

Forecasting Budgeting Startups Strategic Planning 52

PYMNTS

OCTOBER 10, 2017

Treasury management startup IBSFINtech has landed seed funding from investors, reports from Indian information services group VCCircle said Monday (Oct. The India-based startup secured investment from Shailesh Haribhaki, chairman of consultancy firm Haribhakti & Co.,

Treasury 40

Treasury Startups Foreign Exchange Management Consulting 40

PYMNTS

APRIL 19, 2017

A biometric security startup with a fast growing membership-based secure identification program just recently scored a considerable amount of additional funding. CLEAR , the popular security line-busting experience that can be found at some 21 airports and six baseball stadiums around the U.S.,

Startups 40

Startups Securities Leverage Numbers 40

PYMNTS

OCTOBER 1, 2019

It wasn’t until late 2015 that the number of small businesses opened in the U.S. topped the number of ones that closed. headlines about the almost decade long “ startup slump ” brought on by lack of access to capital first began making the rounds in headlines — and by last year the problem had made very little progress.

Startups 54

Startups Nonprofit Finance Numbers 54

PYMNTS

MAY 20, 2019

A popular interior design startup in India, Livspace , has received an investment from Ingka Investments, the venture capital arm of IKEA, according to reports. . Last year, Livspace secured investments from Goldman Sachs and TPG Growth, among others.

Investments 43

Investments Startups Retail Planning 43

PYMNTS

JULY 3, 2018

In the life of a startup, there’s no better news than growth, be it across new verticals, devices or geographies. As startups such as DadeSystems , FitPay and Jewel Paymentech expand across devices and functions, Tipalti , AvidXchange and Emailage announce new growth for their local, national and global footprints.

Startups 40

Startups Compliance Currencies Leverage 40

PYMNTS

JULY 12, 2020

Delivery startup Dunzo , India’s food and grocery delivery service backed Google , has suffered a data breach, The News Minute reported. While it said users’ credit card numbers were not accessed, the company has not provided how many customers could have been impacted.

Startups 80

Startups Securities Investments Numbers 80

PYMNTS

MARCH 10, 2017

In order to keep payments innovation moving quickly and safely, Mark Turnage, CEO of OWL Cybersecurity , said it’s important to ensure information security remains at the forefront of the new products and services being introduced into the market. We are innovating how organizations safely and securely interact with the darknet.

Securities 54

Securities Startups Financial Data Technology 54

PYMNTS

JANUARY 11, 2018

B2B payments startup Finexio announced new funding this week. 10) that it secured $4 million in Series A funding led by James R. The company said Wednesday (Jan. Existing backers Florida Funders, Loeb.nyc, Zach Coelius, Mobile Financial Partners and other angel investors also participated in the oversubscribed round, reports said.

B2B 40

B2B Startups Accounts Payable Accounting 40

CFO Share

MAY 6, 2022

Giving away company equity in a startup . How to value startup equity. You still own the same number of shares, but the total number of shares has increased. A startup CFO, like those at CFOshare, will be able to guide you toward the best decision for your business. This can range from 0.1% Three years? Five years?

Startups 98

Startups Leverage Valuation Investments 98

PYMNTS

OCTOBER 21, 2020

As T-Mobile races ahead with its rollout of 5G, the wireless giant is now on the hunt for startups to develop the additional bells and whistles that will make its new, high-powered network stand out from its competitors. To that end, T-Mobile on Wednesday (Oct.

Startups 83

Startups Communication Investments Securities 83

PYMNTS

JANUARY 8, 2021

The FinTech group is reportedly mulling setting aside a significant number of shares for users if it goes public, but it has yet to make any final decisions, according to Bloomberg, who cited unnamed sources. CNBC reported that the Silicon Valley startup has raised more than $1 billion in funding this year.

Compliance 145

Compliance Communication Startups Retail 145

PYMNTS

DECEMBER 19, 2016

. $94 million in venture capital was provided to alt-lending startups last week , which signals that some venture capitalists aren’t concerned over doubts of the future of the industry. BillFront raised $35 million and BlueVine secured $49 million.

Numbers 44

Numbers Finance Investments Banking 44

PYMNTS

MARCH 27, 2020

The new fee structure, which had been in planning for some time, would raise some credit card transactions for a number of merchants and lower it for others. Earlier this month , Visa announced that it was teaming up with Paga, a Nigerian-based startup, to help bring new payments technology to Africa and beyond.

Startups 87

Startups Numbers Planning Banking 87

PYMNTS

MARCH 1, 2020

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. Lead book-running managers for the IPO included Goldman Sachs, Morgan Stanley and BofA Securities. 30, 2019. .

Valuation 66

Valuation Startups Transportation Securities 66

PYMNTS

MARCH 23, 2016

The R3 effort aims to explore how these financial institutions can work with the R3 startup group. Post-bitcoin phase has opened new opportunities; indeed, financial institutions have already started to study and experiment with blockchains, and a large number of related startups have been funded.”.

Startups 50

Startups Banking Compliance Leverage 50

PYMNTS

AUGUST 30, 2017

The FinTech’s technology uses cryptography — not blockchain — to secure payments, allowing for faster, more secure transactions with the ability to achieve greater scale. We have a number of countries that are about to deploy our solutions in huge, enormous scale, which is very, very exciting,” he said.

Securities 47

Securities B2B Technology Banking 47

Nerd's Eye View

NOVEMBER 6, 2023

This month's edition kicks off with the news that Practice Intel has launched a new "growth platform" centered around quantifying the quality of an advisor's client relationships with an all-in "Relationship Quality Index" (RQI) – which while potentially valuable in helping advisors understand and improve their client experience (and subsequently (..)

Valuation 84

Valuation Compliance Practice Management Technology 84

PYMNTS

DECEMBER 9, 2020

Developing a quick, seamless and secure onboarding process for financial institutions (FIs), lending startups and other financial services providers has long posed its trials. The process involves capturing a user’s live photo to compare alongside an official document, such as an Aadhaar card, which bears a unique, 12-digit ID number.

Startups 70

Startups Compliance Risk Management Securities 70