Search Results for: annual revenue

Stellantis Targets ~€20 Billion In Incremental Annual Revenues by 2030 Driven by Software-Enabled Vehicles
Fintech News

Stellantis Targets ~€20 Billion In Incremental Annual Revenues by 2030 Driven by Software-Enabled Vehicles

Fintech News Desk
by Fintech News Desk0
Approximately €4 billion in annual revenues by 2026 and ~€20 billion by 2030, generated by software-enabled product offerings and subscriptions More than €30 billion of investments planned through 2025 to execute software and electrification transformation 34 million monetizable connected cars expected by 2030, with a majority of all new vehicles......
Banks Could Increase Annual Revenues by Nearly 4% by Embracing Innovative Business Models of Digital-Only Players, Accenture Report Finds
Banking Fintech News

Banks Could Increase Annual Revenues by Nearly 4% by Embracing Innovative Business Models of Digital-Only Players, Accenture Report Finds

Fintech News Desk
by Fintech News Desk0
Banks have an opportunity to reap an additional US$518 billion in revenues by 2025 By rethinking their business models and embracing the innovative strategies of digital-only banking and financial services new entrants, traditional banks could boost revenues by nearly 4% annually, resulting in more than half a trillion dollars in......
Financial Infrastructure Innovator, Prime Trust Raises $64 Million in New Funding as Annual Revenue Run Rate Crossed $100 Million Mark
Fintech News

Financial Infrastructure Innovator, Prime Trust Raises $64 Million in New Funding as Annual Revenue Run Rate Crossed $100 Million Mark

Fintech News Desk
by Fintech News Desk0
Prime Trust, the one-stop shop for financial infrastructure for fintech innovators, announced the close of its $64 million Series A round. The timing of the raise coincides with the firm having crossed $100M in annual revenue-run rate and 250 million API calls per month from its B2B customers. This is the first institutional......
Payrix Accelerates into Q2 With Brand Evolution and Annual Revenue Growth Exceeding 700%
Digital Payments Fintech News

Payrix Accelerates into Q2 With Brand Evolution and Annual Revenue Growth Exceeding 700%

Fintech News Desk
by Fintech News Desk0
Performance, additional velocity and new identity re-invigorate the company’s commitment to fuel growth and transformation for vertical software providers and payment facilitators Payrix, the acknowledged leader in embedded fintech, announced a full refresh of its brand identity, website and user interface. The Company’s enhancements and growth in revenue, client signings......
Smartsheet Reaches $1 Billion in Annualized Recurring Revenue
Finance Fintech News

Smartsheet Reaches $1 Billion in Annualized Recurring Revenue

Business Wire
by Business Wire0
The company is the first in the collaborative work management category to achieve this milestone Smartsheet, the enterprise work management platform, announced today that it reached $1 billion in annualized recurring revenue (ARR) earlier in Q4, a significant milestone in the company’s history that comes on the heels of being......
Bridge Bank Provides $15 Million Annual Recurring Revenue Line of Credit to Support EliseAI’s Growth
Banking News

Bridge Bank Provides $15 Million Annual Recurring Revenue Line of Credit to Support EliseAI Growth

Fintech News Desk
by Fintech News Desk0
Bridge Bank announced that its Technology Banking Group has closed a $15 million line of credit for EliseAI, a New York City-based technology company dedicated to building the world’s most advanced conversational artificial intelligence platform with an initial focus on rental housing. Latest Fintech News: Breaking Wave, Deutsche Bank’s Innovative Fintech,......
Bizongo Scales to $150 Million in Annualised Revenue; Nears Profitability
B2B E-commerce Fintech News

Bizongo Scales to $150 Million in Annualised Revenue; Nears Profitability

Fintech News Desk
by Fintech News Desk0
Records a revenue growth of 5X from pre-pandemic levels Growth for the B2B e-commerce platform for customized goods marked by strong unit economics and positive cash flow Tech-enabled B2B e-commerce platform for customized goods, Bizongo is set to turn profitable as it achieves $150 million in annualized revenue. The company’s......
Tipalti Continues Revenue Growth by More Than 80%, Increases Annualized Transactions to More Than $23 Billion
B2B Digital Payments Finance Fintech News

Tipalti Continues Revenue Growth by More Than 80%, Increases Annualized Transactions to More Than $23 Billion

Fintech News Desk
by Fintech News Desk0
B2B fintech unicorn completes first acquisition, hires GM of Mass Pay, continues aggressive employee hiring Tipalti, the leading global payables automation company, grew its revenue by 83% in the first half of 2021 relative to the first half of 2020. Tipalti continued its rapid growth, surpassing $23 billion in annualized......
Tipalti Grows Revenue by More Than 85%, Increases Annualized Transactions to More Than $18 Billion
Business Fintech News

Tipalti Grows Revenue by More Than 85%, Increases Annualized Transactions to More Than $18 Billion

Fintech News Desk
by Fintech News Desk0
B2B fintech with $2 billion+ valuation accelerates employee growth, adds new executives Tipalti, the leading global payables automation platform, announced it grew its revenue by over 85% in Q4 2020 relative to Q4 2019. Tipalti continued its rapid growth surpassing $18 billion in annualized transactions in the second half of......
Expensify Surpasses $100 Million in Annual Recurring Revenue
Fintech Fintech Funding News

Expensify Surpasses $100 Million in Annual Recurring Revenue

Fintech News Desk
by Fintech News Desk0
Expensify, the financial app with more than 10 million users worldwide, reveals record growth heading into 2021 Expensify, the most widely used expense software in the world, announced today it will surpass $100 million in annual recurring revenue in 2020. The company, which has maintained profitability for years and only......
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