This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
Supply chain management strategies are top of mind for many organizations at a time when Brexit, trade disputes, tariffs and an overall sense of geopolitical volatility have businesses recognizing the need for resiliency through operations and business partners. “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.
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.
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.
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.
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. As part of its rebrand , blockchain payments firm BitPesa is now AZA Group.
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. and international operations.
-based B2B FinTechs led the way in this week’s investment roundup, with more than $212 million in new funding falling in the hands of startups targeting a range of enterprise operations. Accounts payable, cloud migration, BigData and even legal management for startups raising new funding were all targeted among investors.
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.
Based in Manchester, AccessPay provides a digital platform for payments, cash management and treasury operations by integrating businesses’ back-end operations with their banks. million investment with Intel Capital in InContext Solutions, a firm targeting retailers with shopper engagement technologies. and U.S.,
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.
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. The firm said it will use the investment to focus on operational expansion.
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.
The company, which operates its own eCommerce marketplace, has built its own supply chain, according to reports, and has recently expanded into the Mumbai and Pune regions, with perishables delivered the same day. The startup also began operations in UAE recently. The new capital will help expand into new geographies.
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.
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. ”
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. Tencent said the coronavirus pandemic had hit cloud-based companies hard, but the eventual outcome would likely be in the favor of digitization.
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.
The startup has a partnership with Google through its Voice Assistant and Wear operating system. This will enable the capital markets to support the development of China’s core technologies and innovative capabilities,” the regulator said in a statement posted on its website.
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.
This latest round of funding brings Cybereason’s total amount raised to approximately $400 million, with previous investors including CRV, Spark Capital and Lockheed Martin, according to a press release. The new funding will be used to boost the company’s operations, with a focus on global growth.
This week, venture capital for B2B startups is all about quality — not quantity. Another B2B startup, operating in the SaaS space, positions itself in an unlikely vertical, while the biggest investment round of the week placed $50 million into a startup that is soon to go public. We break down the $68.3 B2B Payments.
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.
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.
In Kenya, the Capital Markets Authority (CMA) has issued its “FinTech Sandbox Guidance Note,” which is now finalized as policy. The first step is one that takes in market-specific operators within a number of spaces, including robo-advisors, crowdfundng and algorithmic trading.
Other investors that participated in the round include Allianz, General Catalyst, GV (formerly known as Google Ventures), OurCrowd, and Thrive Capital. The startup plans to use the proceeds from the capital raise to pick up the pace of expansion in the U.S. and Europe this year, and to evaluate possible new product lines.
There may be a few resilient, strategic entrepreneurs out there who don’t need venture capital to run a successful startup. “It’s a huge anomaly,” said Small Business Administration Head of Innovation and Investment Mark Walsh, referencing the ability for startup founders to make it without venture capital.
-Israeli data science firm Explorium raised $19 million in private funding to expand its new machine learning platform, Reuters reported on Wednesday (Sept. million seed round was led by Emerge with the participation of F2 Capital. Zeev Ventures, with the participation of the seed investors, added another $15.5
In a bit of a mixed bag for B2B FinTech venture capital (VC), investment backers stayed fairly quiet this week, racking up nearly $90 million in funding. This week, the company announced it had raised $750,000 from Frontline Ventures and other backers, which the firm will use to launch operations in the U.K. Invoice Bazaar.
It may have been a big week for alternative lending in the consumer finance space, but in B2B payments, blockchain and eCommerce startups snagged the biggest share of venture capital. Elliptic revealed a $5 million funding round on Monday (March 21), with the Series A funding led by Paladin Capital. Blockchain.
Commodore didn’t know about its customer and didn’t have enough feedback from operations to understand its margins were inadequate. Bankers’ decisions stay with their capital for a very long time. In addition to credit risk, fraud is a rapidly growing area that data architecture is winning the day.
At the time, GAC said it wanted to access Tencent ‘s knowledge in digital payments, social media, BigData and AI. Under the terms of the deal, which was inked Thursday, the venture will get one billion yuan, or $149 million, in capital.
Operating as an incubator, the Singapore eXellerator lab will aim to strengthen the bank’s financial services innovation efforts within China , with the bank pointing to the market’s leadership in cutting-edge technologies like artificial intelligence, mobile payments and biometrics. NS Banking said Wednesday (Aug.
In a press release , Socure said that Thimot brings to the company decades of management increasing sales and operations at private and public technology companies. Under his charge, Socure said he will align the company to capitalize on the demand for its digital identity verification service across different sectors.
With a strong penetration of smartphones and mobile commerce, Spain is quickly gaining visibility in the FinTech world, and its capital city is leading the charge. Spain’s capital city had more than 480 startups as of last year, with startups raising €659.4 million in private funding in 2015. billion that co-invests with VCs. .
Using the CB Insights database, we mapped global unicorn companies valued at $1B+ according to the primary markets in which they operate. Download the PDF for all the data behind the unicorn club. Google Ventures, New Enterprise Associates, MPM Capital. China Cinda Asset Management, IDG Capital. Iconiq Capital.
Thirty-seven Chinese companies reached billion-dollar valuations in 2018, operating in areas as diverse as healthcare, transportation, and education, among others. Select Investors : Sequoia Capital China, IDG Capital, EDBI, Coatue Management. Select Investors : Sequoia Capital China, JD Capital Management, Alibaba Group.
FreshToHome currently has 650,000 customers in 10 cities in India, and recently launched operations in UAE, as well as opened physical stores in Bangalore and Chennai. Now we are going a step ahead and processing the chicken at the slaughtering level ourselves,” Shan Kadavil, CEO of FreshToHome, told TechCrunch in an interview.
Fraudsters are deploying strategies, such as credit card theft and false chargebacks, to capitalize on online marketplaces’ security vulnerabilities, and merchants are scrambling to anticipate and counter fraudsters’ emerging schemes. It turns out there was a bigdata breach. …
The flow of integrated data goes both ways, meaning accounting teams using Xero can also access all the operational information they need from data sources like tickets, services and time tracking, among other common elements. Its CEO, Rod Drury, also pointed to plans to focus on continued expansion across the U.K.,
It entails simplification and building operational efficiency in applications, infrastructure and data to wring costs out of your current environment. A recent report on digital transformation from the Hackett Group mentions COEs as useful building blocks in an optimized operating model. Big organizations’ bigdata advantage.
sent a letter to five alternative small business lenders operating in the country, inquiring about their business practices. It’s not all venture capital, but the investments do suggest that the FinTech industry, and its backers, aren’t quite ready to let go of the promise of alternative finance. Primary Data. lawmaker, Rep.
The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. There were a ton of big mergers in 2019, including the vaunted BB&T and SunTrust combo and a great get-together between First Horizon and Iberia Bancshares.
We organize all of the trending information in your field so you don't have to. Join 23,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content