Planful

SEPTEMBER 6, 2021

In an ideal world, financial reports should build shareholder trust by offering accurate data about the performance of the company. In reality, a company’s financial report can be more flimsy—involving estimates and judgment from leadership that’s far from the truth. Valuations are a classic example of hole-filled financial reporting.

Financial Reporting 40

Financial Reporting Valuation IFRS GAAP 40

PYMNTS

APRIL 12, 2019

PayU Global Chief Financial Officer Aakash Moondhra said, according to the report, “This is a strategic acquisition for PayU that combines our merchant network and Wibmo’s leadership in digital security.” To help grow its business in India, Naspers-owned PayU has acquired U.S.-based based Wibmo.

Leadership 43

Leadership Startups Securities Investments 43

PYMNTS

SEPTEMBER 4, 2020

has rejected investor Bill Ackman’s offer to merge with his newly formed blank-check company to go public, preferring a traditional initial public offer (IPO). For more than half of them, one factor was key in deciding where to open their accounts: trust in the financial institution. Walmart Inc. 15, priced at $98 annually or $12.95

Banking 70

Banking Retail eCommerce Leverage 70

PYMNTS

JULY 21, 2017

As reported Friday (July 21), American multinational financial services firm Blackstone and private equity firm CVC Capital Partners have bid to acquire payments processor Paysafe Group. The price tags attached to the deals were reported as $3.7 The company also said its largest shareholder, Old Mutual Global Investors at 10.3

Sales 43

Sales Marketing 43

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

CFO Simplified

DECEMBER 26, 2021

We know, however, that hiring a full-time CFO can come with a hefty price tag. A part-time outsourced CFO provides the strategy of a C-Suite member without the price tag. . Plus, with the additional education and experience, a CFO brings a strategic financial view to the company. What is a Large Company? Bookkeeper.

Finance 52

Finance General Ledger CFO Auditing 52

Michigan CFO

NOVEMBER 7, 2022

This thriving market has led to significant competition among investors and venture capital to invest in and acquire SaaS companies of any size or stage of growth. Seeking out investors is another key point in your company’s long-term growth, where the right valuation can make all the difference. Finances not your strong suit?

Valuation 40

Valuation CFO Leadership Forecasting 40

PYMNTS

MAY 14, 2018

After shares of Symantec plunged last week following its disclosure of an internal investigation over concerns flagged by an ex-employee, the company said it would provide information about the probe in an investor call on Monday (May 14). That deal came with a price tag of $4.65

Planning 40

Planning Auditing Securities Investments 40

PYMNTS

FEBRUARY 26, 2018

Circle , the payments firm that operates an app-based peer-to-peer payments network based on blockchain and which has financial backing from Goldman Sachs, said Monday (Feb. As noted by Reuters , the acquisition — where financial terms were not disclosed — boosts Circle’s efforts within blockchain. 26) it acquired the U.S.

Compliance 40

Compliance Currencies Investments Finance 40

PYMNTS

JANUARY 19, 2017

While few working applications of blockchain technology are in use today by financial service providers, the industry continues to place its confidence — and money — behind the technology. The latest is global consulting firm McKinsey, whose new report has put a price tag on the potential of blockchain: $110 billion.

Treasury 79

Treasury B2B Education Technology 79

PYMNTS

JULY 23, 2018

In a press release , PayU said the price tag was undisclosed, but that the deal supports PayU’s expansion into high growth markets. By working together to create the first ‘Payment OS’ platform, we will advance PayU’s mission to help build a world without financial borders.”.

Investments 40

Investments Leadership Technology Marketing 40

PYMNTS

MARCH 29, 2017

In the latest twist of the MoneyGram acquisition bidding war, Euronet is ramping up for a fight with Ant Financial. government to take a closer look at the competing bid from Ant Financial, a company based in China, stating that it raises “significant national security risks.”. In a new report , Euronet has urged the U.S.

Treasury 40

Treasury Leadership Securities Sales 40

PYMNTS

JULY 2, 2019

For instance, Chinese bikesharing company Mobike , which once attracted billions from big-name investors, said it is closing down all of its operations around the world, to focus solely on China. Bike and scooter sharing are expanding to more cities as mobility-as-a-service retail offerings continue to grow.

Transportation 43

Transportation Retail Technology Marketing 43

Musings on Markets

MARCH 19, 2022

Equity Markets and Equity Risk Premiums Lenders may be the first to worry, when there is a crisis that puts their payments at risk, but equity investors are often with them, pushing down stock prices and pushing up equity risk premiums. as of March 16, 2022.

Economics 100

Economics Valuation Treasury Forecasting 100

PYMNTS

JULY 25, 2017

At the upper edge of the spectrum, students can be looking at a ~$330,000 total price tag for an education at an elite private college. And with price tags that large, there is going to be a generation of students who are by necessity going to be seeking private student loans. Lenders who ignore this age group do so at their peril.”.

Banking 40

Banking Education Finance Technology 40

PYMNTS

APRIL 1, 2019

Some of that money — supplied by investors such as Andreessen Horowitz , Nyca Partners and Max Levchin, founder and CEO of alternative lending startup Affirm — will go toward building an identity bureau, which will help lenders and financial firms verify identities. Flavors Of Fraud.

Construction 73

Construction Numbers Concentration Securities 73

PYMNTS

AUGUST 22, 2016

The message is clear: Automated, digital FinTech solutions can help businesses and financial service providers save money. The latest research puts a price tag on the finances of better procurement, banking, cash management and innovation among small and medium-sized businesses. 139 billion could be saved by U.K.

Finance 40

Finance Accounts Payable Startups Banking 40

PYMNTS

OCTOBER 8, 2018

Danske Bank’s problems are the biggest and most obvious at the moment, but they point to a much bigger, more puzzling issue that is affecting the financial services industry broadly. Plus, real AI can now point to a pretty successful track record — for keeping the homeland safe, and for detecting and preventing financial fraud.

Banking 76

Banking Compliance Budgeting Technology 76

PYMNTS

FEBRUARY 21, 2017

Which is why retail marketers — along with marketers of financial services, travel and other B2C verticals — are signing on with SmarterHQ ‘s multi-channel behavioral marketing platform. That ROI has been attracting attention from major retailers, other B2C entities and investors.

B2C 41

B2C Leverage Retail Advertising 41

Barry Ritholtz

SEPTEMBER 19, 2022

And Joshua added tags to that, and so you could browse things by tags. And so I wrote an angel check here, and then I brought Union Square Ventures in as the first Series A investor. What was that experience like now not as a president, but as an outside investor? WENGER: They were also acquired by Yahoo. RITHOLTZ: Okay.

Valuation 118

Valuation Investments Marketing Technology 118

PYMNTS

JULY 13, 2016

And RedKix has just shored up $17 million in seed funding from some very big-name investors to attempt to buck said conventional wisdom. billion price tag represents a hefty profit for Apax, which bought Epicor for $1 billion.
. The firm makes enterprise resource planning and retail management software.

Investments 40

Investments B2B Startups Accounting 40

PYMNTS

JANUARY 11, 2017

The second largest deal of the week also involved China, this time as Didi and a number of fellow investors sank a reported $100 million in 99, the Brazilian ride-hailing company, which now ups the competitive ante against Uber, of course, in that region. In that scenario, the human team reads the message and selects how to respond. “It

Sales 49

Sales Investments Numbers Valuation 49

PYMNTS

MARCH 16, 2017

based payments startup that enables financial service developers to create cross-border payment tools and services. Alphabet’s investment was part of a $25 million round that also included input from existing investors Notion Capital Ltd and Rakuten Inc., among others.

Startups 40

Startups Leadership Marketing Investments 40

PYMNTS

SEPTEMBER 23, 2016

.” Currently, bitcoin can be traded 24 hours a day, but as there are few sellers at certain times of the day, Gemini is taking advantage of the non-trading hours of traditional financial markets and designating those as the time to trade bitcoin. The auction should also help to establish the daily bitcoin trading price.

Profit and Loss 77

Profit and Loss Currencies eCommerce Leverage 77

PYMNTS

JANUARY 28, 2019

Though Capital One had lots of positive forward-looking statements to make after releasing its Q4 earnings information last week, its stock sank as what investors and analysts most noted was that the bank missed on both earnings and revenue. Mastercard got tagged with a $648.3 Capital One’s Earnings Flub. billion expected by analysts.

Advertising 51

Advertising Retail Currencies Banking 51

PYMNTS

APRIL 4, 2016

Fideres noted that banks are likely to blame, as they struggle to please both the businesses that issue the bonds and the investors that buy them. the price tag for buying its competitor was $36 million, the firms said. 44% of SMEs sought funding last year, most often from a bank , found Bibby Financial Services in its latest survey.

B2B 40

B2B Finance Corporate Finance Numbers 40

Musings on Markets

DECEMBER 10, 2023

Finally, Charlie Munger's passing at the age of ninety-nine brought to a close one of the most storied key person teams of all time at Berkshire Hathaway, and generations of investors who had attached a premium to the company because of that team's presence mourned. Key Person: Who, what and why?

Valuation 113

Valuation Profit and Loss Entertainment Investments 113

Barry Ritholtz

JULY 11, 2023

JOHNSON: So I spent a year, my father said to me, “Look, if you’re going to be in the financial services business you should probably work in New York.” Otherwise, the West Coast, if you were in the financial services business, it was rough life. And honestly, I think we divested post financial crisis.

Mergers and Acquisitions (M&A) 86

Mergers and Acquisitions (M&A) Investments Finance Technology 86

PYMNTS

MAY 11, 2019

That device is still in the working prototype phase and is forecast to have a six-figure price tag when it hits the market. The robots are small, but the funding raised was not – the little robotics firm brought in $200 million in venture capital from some very well-known Silicon Valley investors like Index Ventures and Andreessen Horowitz.

Technology 75

Technology Startups Construction Entertainment 75

Barry Ritholtz

MAY 30, 2023

He is the founder of Operation HOPE and one of the leading voices for financial literacy. In America, he was vice chair of President Bush’s Council on Financial Literacy and sat on a similar council on financial capability for President Obama. And as well-meaning as financial literacy is, it’s got two problems.

Economics 57

Economics Education Profit and Loss Banking 57

PYMNTS

AUGUST 21, 2016

Goldman Sachs — with its long track record of being the investment bank of choice for elite investors, corporations and governments — is probably not the first financial institution that comes to mind when thinking about touching the “common man.”. Goldman Sachs Goes Middle Class. and Canada.

Accounting 40

Accounting Banking Numbers Retail 40

Barry Ritholtz

MAY 23, 2023

I — I found this to just be a fascinating masterclass in running a giant financial organization. Then suddenly in the ensuing weeks, you get tagged to be CEO. Trading through our CTAS and Quant and discretionary and private markets, reaching investors all over the world. And I think you will also. GREW: Sure. I enjoyed it.

Investments 61

Investments Finance Construction Technology 61

PYMNTS

DECEMBER 7, 2018

In what’s becoming an increasingly popular theme for B2B startup investors, this week’s funding rounds for B2B startups largely centered on tackling data silos and empowering the enterprise with the insights that data can provide. Reports in Reuters said this week that private equity firm KKR & Co.

B2B 70

B2B Startups Benchmarking Manufacturing 70

PYMNTS

JANUARY 27, 2017

Ant Financial (U.S. The foot traffic is waning, and thus, so is investor enthusiasm. Coming off the big Olympic sponsorship deal announcement last week, Alibaba and Ant Financial both made big headlines this week — by outpacing analyst expectations for earnings and a big acquisition announcement, respectively.

Economics 40

Economics Valuation eCommerce Forecasting 40

PYMNTS

SEPTEMBER 28, 2017

Perhaps the looming $999 price tag has something to do with it? In this way, the grain of salt was swallowed and investors have seemingly moved on. However, the production delays coming out in the financial and technology trade press might be a bit bracing. The shares have rebounded as noted before.

Profit and Loss 40

Profit and Loss Sales Marketing Forecasting 40

Barry Ritholtz

APRIL 25, 2023

So, Brian is not a stranger to me, and we have some shared financial interests, but the reason I wanted to bring him in here is there are few people in the industry who have a better perch by which to look at the world of registered investment advisors, broker-dealers, all of the changes that are taking place in the space. Has that closed?

Mergers and Acquisitions (M&A) 61

Mergers and Acquisitions (M&A) Compliance Investments Finance 61

Barry Ritholtz

DECEMBER 20, 2022

Then you’re a VP at Lehman Brothers, and this was late ‘90s, not the Lehman Brothers we kind of are familiar with from the financial crisis. as we learned during the financial crisis, the government-sponsored enterprises like Fannie Mae and Freddie Mac, and by extension, Sallie Mae, you go down the whole list of these things, the U.S.

Restructuring 61

Restructuring Investments Marketing Banking 61