Search Results for: operational costs

E78 Partners Acquires Profit Enhancement Systems
Finance News

E78 Partners Acquires Profit Enhancement Systems

Fintech News Desk
Acquisition creates new business unit that delivers expense optimization and streamlining of highly complex technology systems E78 Partners, a leading provider of finance, accounting and technology solutions for the Office of the CFO and private equity firms, announced today that it has acquired Profit Enhancement Systems (PES), a technology-enabled managed service......
JPMorgan Chase Survey Intensified Challenges Push Business Leaders’ Optimism to Record Lows
B2B Banking News

JPMorgan Chase Survey Intensified Challenges Push Business Leaders’ Optimism to Record Lows

Fintech News Desk
Most still expect a boost in revenue even as they navigate inflation and labor shortages As the U.S. economy faces decades-high inflation, soaring interest rates and continued supply chain and labor shortages, midsize business leaders across the country are increasingly cautious in their economic outlooks, according to JPMorgan Chase’s 2022......
Adwisely announces $1.5Million Seed Round led by TMT Investments
Investment Services News

Adwisely announces $1.5Million Seed Round led by TMT Investments

Fintech News Desk
Adwisely ad automation platform helps retailers combat skyrocketing customer acquisition costs and delivers ROAS 2x higher than market benchmark Adwisely, formerly known as RetargetApp, an ad automation platform for e-commerce DTC brands, announced that it has raised $1.5 million Seed Round, led by TMT Investments with participation from Gaingels, Mana......
Alibaba.com Report finds MSMEs to be the "Backbone of the Post-Pandemic Economy"
E-commerce News

Alibaba.com Report finds MSMEs to be the “Backbone of the Post-Pandemic Economy”

Fintech News Desk
Global B2B e-commerce company, Alibaba.com, partners with AliResearch to co-publish a report that reveals telling research on the survival of Micro- Small- and Medium-sized Enterprises (MSMEs) throughout and beyond the pandemic in time for MSME Day 2022. To commemorate MSME Day 2022 on June 27, Alibaba.com and AliResearch Institute, Alibaba......
Dalrada Names Jose Arrieta as Chief Strategy Officer of Dalrada Financial Corporation and President of Dalrada Technologies
Banking News

Dalrada Energy Services Announces Partnership with Banyan Infrastructure to Improve ESG Banking Transparency

Dalrada Financial Corporation announced its clean energy subsidiary, Dalrada Energy Services (DES), has entered into a strategic partnership with Banyan Infrastructure, a San Francisco-based software company. The partnership provides a secure cloud-based software as a service (SaaS) solution for DES sustainable infrastructure and renewable ESG projects, improving banking transparency. Latest Fintech......
After Doubling ARR, Leading Software and Game Development Acceleration Platform Incredibuild Raises $35Million Led by Hiro Capital, Significantly Increasing Valuation
Fintech Funding News

After Doubling ARR, Leading Software and Game Development Acceleration Platform Incredibuild Raises $35Million Led by Hiro Capital

Fintech News Desk
Investment will go towards driving Incredibuild’s innovation and growth across industries such as AI, the Metaverse, and many others, as well as enhancing its supercomputing platform Incredibuild, creator of the leading hybrid development acceleration platform for developers and DevOps teams, announced it has raised $35M in Series B funding after doubling......
Prosus Delivers Strong Revenue Growth With Profitable Core Operations Announces Open-Ended Share Repurchase Programme
E-commerce News

Prosus Delivers Strong Revenue Growth With Profitable Core Operations Announces Open-Ended Share Repurchase Programme

Fintech News Desk
Prosus N.V. announced strong revenue growth with profitability in core operations for the year ending 31 March 2022. Building on the prior year’s standout performance, the Group’s ecommerce portfolio delivered revenue growth of 51%1 to US$9.8bn. This growth resulted from strong operational execution and momentum in all ecommerce segments despite the......
Stepan Company Executes $450 Million Credit Facility Agreement
Banking News

Stepan Company Executes $450 Million Credit Facility Agreement

Fintech News Desk
Stepan Company announced that it has entered into credit agreement providing for a five-year committed $350 million multi-currency revolving credit facility and a $100 million delayed draw term loan facility with a syndicate of banks. JPMorgan Chase Bank, N.A. and BofA Securities, Inc. acted as joint lead arrangers. The credit facilities mature on June......
Lynx Software Technologies Receives Strategic Investment from OceanSound Partners
Investment Services News

Lynx Software Technologies Receives Strategic Investment from OceanSound Partners

Fintech News Desk
Lynx Software Technologies (“Lynx”), a developer of open architecture software solutions for mission critical embedded systems, today announced it has received a strategic investment from affiliates of OceanSound Partners, LP (“OceanSound”), a private equity firm that invests in technology and technology-enabled services companies serving government and enterprise end markets. Latest Fintech News: GreenBox......
Glia Acquires Finn AI to Deliver Turnkey Banking Virtual Assistants for Enhanced Digital Customer Service
Finance News

Glia Acquires Finn AI to Deliver Turnkey Banking Virtual Assistants for Enhanced Digital Customer Service

Fintech News Desk
Finn AI’s state-of-the-art Conversational AI solution and deep financial services expertise complement Glia’s industry-leading DCS platform Glia, the leading provider of Digital Customer Service, has acquired Finn AI, the premier AI-powered chatbot platform for banks and credit unions. The deal aims to mainstream virtual assistants for financial services companies by making......
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