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In this environment, blockchain has surfaced as a technology heralded by many as the disruptive force that can address some of the modern threats to supply chains, from cyberattacks to vendor risks. One of the biggest selling points of distributed ledger technology (DLT) is its ability to preserve the integrity of data.
Palantir Technologies is the latest in a recent flurry of tech companies to signal plans for a potential IPO. 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.
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.
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.
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. It also plans to invest in companies where technology is a clear differentiator.
American technology giant Intel has acquired Israel’s public transit app Moovit for $1 billion. 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.
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.
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. Hainan Golden Technology. Starling Bank.
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.
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 datatechnology that can address the region’s most pressing SMB lending needs.
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
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.
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.
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.
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.
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.
The company will use the money for expansion and new products, from dashboard platforms to car mirrors with smart technology. 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. “It
His reasoning revolves around the issue of proving ownership of certain assets and access to capital. But that’s also true for absolutely any other form of technology,” said Luther Martin, distinguished technologist at HPE Security – Data Security.
Transportation systems supplier Fujitec and sensing technologies manufacturer Optex, also both based in Japan, are exploring ways to bring contactless hand signals to places such as elevators to open doors. It introduced the tool at the Tire Technology Expo in Hannover at the end of February to help protect some 5,000 attendees.
based corporate payments and treasury technology company AccessPay , reports in The Telegraph said on Sunday (Jan. million investment in BigData Partnership in 2015, another B2B company focused on providing businesses with training, storage and support with their data needs. investors have placed new funds with U.K.-based
Amazon Prime Day , which was earlier this month, brought out waves of fraudsters trying to capitalize on the barrage of promotional emails related to the shopping event. The latest Digital Fraud Tracker explores why fraudsters are still relying on phishing as a major strategy even as they increase their use of new technologies and techniques.
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.
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.
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.
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.
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.
With more competition from emerging fintech players and new technology such as mobile and artificial intelligence demanding banks rethink how they deliver services to consumers, some companies are now looking to question how banks should define themselves in today’s market. What do banks need to be effective?
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. based Featurespace and Atlanta-based Pindrop.
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.
China could be gearing up to take on New York and Hong Kong when it comes to listing technology companies on the stock exchange, publishing draft rules for a startup board that is similar to Nasdaq. It will also help Shanghai become an international financial center, as well as a hub for technology innovation.”.
Analysts at the financial institution (FI) said they expect mergers and acquisitions (M&A) activity to heat up, and corporate finance teams must be prepared — both to strategically deploy capital for acquisitions, and to anticipate being a takeover target themselves.
Software based on these technologies can make predictions on customers’ behavior, assess their potential as repeat purchasers and automate communications that will stimulate buying behavior, or even do it for them. So, the prevalence of BigData available now from mobile and online shoppers could herald a new era in CRM innovation. “As
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. AI-driven technology from Cybereason is helping secure our increasingly connected world.”. and its affiliates.
-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
The firm’s $100 billion Vision Fund logged big gains. The results in the most recent period were buoyed by bets it has made in firms tied to emerging technologies over the past few years, with marquee companies such as Slack and DoorDash among them. billion of committed capital, with a fair value of current holdings at $82.2
This week, venture capital for B2B startups is all about quality — not quantity. million in B2B venture capital from the last seven days below. 8) a $1 million seed round for its solution, which provides technology to identify the most efficient and cost-effective payment rail for B2B payments. We break down the $68.3
While Dan was the one really working (he presented on “How BigData can change Financial Services”) I mingled around the participants of this vibrant ecosystem encompassing entrepreneurs, financial institutions, investors, and regulators among other stakeholders.
“The merchant cash industry first started as a product for unbankable clients,” said Andrew Mallinger, COO of PIRS Capital, in a recent interview with PYMNTS. “It There are scenarios, too, in which a merchant cash advance may actually be the best financial option for a business in need of working capital.
With use cases being established, ecosystems being created and quantum technology advancing rapidly, the time to engage with quantum computing is at hand. We’re talking about larger, more complex, real-time calculations on bigdata to gain faster and more precise risk assessments—which can drive better business results in spite of volatility.
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.
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