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This week, the two countries were the only markets that landed on the B2B venture capital board, with funding landing at SaaS, BigData and procurement startups across a range of industries, from corporate social media management to marijuana procurement. PYMNTS breaks down the $24 million in venture capital raised.
Known as the oldest startup in Silicon Valley, the data analytics software company said in a press statement that it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) informing the agency of its plans.
Flexibility and adaptability of data analytics technologies like machine learning are key in today’s volatile climate, but Rastogi noted another key factor essential to effective supply chain optimization strategies. “How can I analyze data in real time, and make decisions faster?”
Bigdata, bigdata, bigdata. We all know the term, understand its significance and have seen plenty of examples across the industry of how businesses are utilizing massive amounts of data (and the applied analytics needed to make sense of it all) as a competitive edge in the market.
BigData management firm MapR is looking to go public, but before it does, the company announced a big funding round. 9) said MapR Technologies raised $50 million from several big-name backers. Reports on Tuesday (Aug. American Express, Qualcomm and other major corporations already use MapR services.
But BigData lands new capabilities in the hands of corporate treasurers and other executives that yields active, real-time assessments of risks from multiple angles, from counterparties to compliance. A weak data management strategy could heighten the risk of non-compliance. One is in assessing counterparty strength.
The world of modern data and analytics continues to evolve and is very exciting. The change really began in earnest about 10 years ago with the introduction of Hadoop and bigdata processing. While this explosion of data use cases started on premises, it is most certainly migrating to the Cloud as the primary platform.
The hot topics in B2B venture capital these days are often cutting-edge technologies like blockchain and data analytics. Indeed, these spaces secured significant funding in this week’s B2B venture capital roundup. Data Nerds. But a lesser-discussed market grabbed the largest investment of the week: logistics.
Mercado Libre Inc, the Argentina online marketplace, is gearing up to offer working-capital loans to entrepreneurs in Brazil and Mexico during 2017, reported Reuters. He wouldn’t say how much interest the company would charge on the working-capital loans. . With the new feature, sellers that use Mercado Libre Inc.
Crux is a startup that allows financial institutions to outsource their data processing to gain further insights from that data. Bigdata and data insight […]. The startup plans to use the $10 million for business expansion, Reuters reports.
Fintech got a fresh flush of capital this week, with some old favorites joining newer names all with innovations in bigdata, e-commerce software, compliance, and many more. Here are the Top 4 fintech funding rounds of the week: MissFresh e-commerce Beijing-based MissFresh e-commerce ‘s equity rose sharply with its Read More.
It was a fairly quiet week for B2B startups on the venture capital front: Just three companies landed funding, all of which in the U.S., And investment plans are looking up, with two venture capital funds announcing their own latest raises headed toward the B2B FinTech space in the future. Nauta Capital. Notion Capital.
Founded in 2012, Moovit — based in the Israel town of Ness Ziona — has raised $133 million led by BRM Capital, Hanako, BMW iVentures, Sequoia Capital Israel and Vintage Investments Capital. “At Moovit received $50 million in Series D funding in 2018 led by Intel Capital. .
Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing.
Don’t let the seemingly low value of $42 million raised this week by B2B venture capital firms fool you: VC activity in the space was strong, hitting key verticals like cross-border payments and SaaS. Find out who’s planning ahead in our breakdown of B2B venture capital from the week below. Honorable Mentions.
Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Kibo added, “We love global companies with very capital efficient structures.”.
Quite a few fintech ventures received funding this week; though perhaps surprisingly blockchain is not an area featured on this list—perhaps with all of the recent blockchain proof-of-concepts that are running, investors and angels thought it was time to take a stronger look at artificial intelligence, bigdata, and other Read More.
Qupital said the agreement will enable it to provide financing to eBay sellers doing business in the region, through its “flagship product QiaoYiDai,” to “assist them in resolving their cash flow and working capital issues.”.
review of the capital requirements for market risk regulations, namely the Fundamental Review of the Trading Book (FRTB). It becomes effective in 2022, but banks should now, more than ever, implement the proposed changes in order to meet the deadline for reporting their Pillar I capital under the new methodologies.
Amazon, Alibaba’s payment affiliate Alipay and other internet and BigData players are a threat to traditional banks, warned Agustín Carstens, head of the Bank for International Settlements (BIS), on Tuesday (Dec.
The funding will also go toward technological advancements, more improvements on its product suite and better big-data capabilities. Oriente said it will use the money to boost its growth in existing markets and further new developments in places like Vietnam.
This week’s B2B Venture Capital roundup is all about data. With a total of $388 million raised this week, newly funded startups are deploying an array of data analytics technologies to address B2B finance friction. Yellowbrick Data. Catch up on the latest investment rounds below. Biz2Credit.
It’s a self-perpetuating scenario that keeps barriers to capital in place. In a recent conversation with PYMNTS, Raghav Mathur, head of data science and analytics at Singapore-based Grab Financial Group , discussed the opportunities in data technology that can address the region’s most pressing SMB lending needs.
Don’t let the lack of news about mega-grossing venture capital (VC) rounds fool you. This week’s B2B venture capital activity led to an impressive $141.2 SIG, GGV Capital, Yunqi Partners, Huochebang, SKy9 Capital and Chuangban Investment also participated in the funding round, reports said. TravelBank.
Accounts payable, cloud migration, BigData and even legal management for startups raising new funding were all targeted among investors. Investors at Barclays Bank and BOLD Capital Partners led the investment, while TFX Capital Partners, Techstars Ventures and First Derivates also participated. The company raised $6.5
It may be slow on the B2B venture capital front, with just $31.5 With $16 million in new venture capital (VC) funding, SyncHR, based in the U.S., The company provides Human Capital Management cloud-based software to businesses. million in funding rounds for some pretty niche enterprise service providers.
OneConnect used Guangdong’s “digital government” tech resources, as well as its own blockchain tech, AI and BigData, to create the platform — which has access to data in 213 categories from 26 departments of government, and has connected with 129 financial institutions in the China province. ”
This last week, investors went for platforms in mobile development, cloud-based BigData, cloud-based invoicing, home equity funding, and marketing. Even though we’re not seeing quite as many raises as in previous years, fintech funding doesn’t seem to be in any danger of disappearing. This brings us to our top Read More.
A robust supply of private capital reportedly is one of the main reasons for that, along with corporate cultures that are averse to public markets. But relatively high stock prices and access to more capital remain prime temptations, and there is little doubt that 2019 will bring more than few exciting — and telling — IPOs.
BigData and software as a service (SaaS) once again caught the attention of venture capitalists in the B2B FinTech space this week, but it was cross-border B2B payments that landed the most money. Currencycloud’s Series D funding also saw participation from Sapphire Ventures, Notion Capital and Anthemis, Rakuten’s investment fund.
By smartly using bigdata and machine learning, they have created a sustainable supply chain, which offers a fair price to consumers, fishermen and farmers, for their premium produce.”. The Series C round comes after a July 2017 Series B funding round worth $10 million that was led by Bain Capital. million USD.
million in B2B venture capital was divided among alt-finance, supplier payments and BigData services startups this past week. MCI Capital, based in Poland, led the financing via its MCI.TechVentures Fund, according to reports. based Redis Labs , an act of support for the startup’s BigData management services.
The Chinese tech giant wants to capitalize on an initiative from Beijing, which announced it wanted to bolster the country’s technology infrastructure in the next few years.
percent) agrees that their businesses are actively working to become a data-driven enterprise — up from 85.5 “As interesting and important as the embrace of AI and various forms of cognitive learning (machine learning, deep learning) by corporations, [so] is the role that BigData has played in empowering AI,” he said.
The cloud, artificial intelligence (AI) and robotics are all prevalent themes in this week’s venture capital breakdown, with startups working to overhaul entire processes for their enterprise customers, from logistics to workforce management. New backers Edge Capital Group and World Innovation Lab tacked onto the round, too.
According to Venture Beat , this latest round of funding was led by Manhattan-based VC firm Stripes Group, with participation from existing investors that include Union Square Ventures, Insight Venture Partners and Spark Capital.
Reuters , citing the China Securities Regulatory Commission , said the technology innovation board would list companies in the tech and emerging sectors with a focus on high-tech manufacturing equipment, new energy, biotech, BigData and cloud computing.
million investment in BigData Partnership in 2015, another B2B company focused on providing businesses with training, storage and support with their data needs. million investment with Intel Capital in InContext Solutions, a firm targeting retailers with shopper engagement technologies. and U.S.,
This week, venture capital for B2B startups is all about quality — not quantity. million in B2B venture capital from the last seven days below. In the biggest funding round of the week, BigData startup MapR revealed $50 million raised on Tuesday (Aug. We break down the $68.3 B2B Payments.
Small business banking, cross-border corporate payments and BigData management all landed on the board with seed funding, while Software-as-a-Service scored an impressive $30 million. On Monday (July 25), Tide announced a $2 million seed funding round from Passion Capital, LocalGlobe and others. Based in the U.K.,
Of these, BigData, blockchain and AI are integral to a successful and progressive FinTech industry.”. The company announced the financial support while noting it aims to develop its own BigData and AI solutions and to apply blockchain, cloud and SaaS technologies into its operations as well.
In the financial services industry, data has always been “big” Information derived from data is the fuel that drives the engines of global capital markets. Behind every trading decision – to buy, sell, or hold – is an analysis, whether based on a company’s.
His reasoning revolves around the issue of proving ownership of certain assets and access to capital. Health care issues that could be potentially tackled with blockchain — data portability, diagnosis, treatment, cost-saving opportunities — are easy to come up with.
In Kenya, the Capital Markets Authority (CMA) has issued its “FinTech Sandbox Guidance Note,” which is now finalized as policy. million in venture capital funding from a number of banks, including Citigroup , Credit Suisse and JPMorgan Chase. Meetings between these firms and the CMA are slated to begin next month.
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