Search Results for: macro environment

Economic Pressures Contribute to Finance Leaders Improving Last-Mile Readiness
Finance News

Economic Pressures Contribute to Finance Leaders Improving Last-Mile Readiness

Fintech News Desk
Among global IPO delays, fast-growing businesses are looking to bolster last-mile financial readiness, eying eventual economic recovery Even with today’s economic volatility, inadequate financial systems and processes are holding global businesses back from growing at scale, according to new research from Coupa Software, a leader in Business Spend Management (BSM). Nearly three......
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......
Lendingtree Provides Update to 2Q 2022 Financial Guidance
Finance News

Lendingtree Provides Update to 2Q 2022 Financial Guidance

Fintech News Desk
Company remains focused on strategic imperatives despite persistent inflation and interest rate-driven headwinds LendingTree, Inc. the nation’s leading online financial services marketplace, announced revised guidance for the current quarter. Latest Fintech News: Genesis Receives In-Principle Approval from Monetary Authority of Singapore for Major Payment Institution License “Our variable marketing model continues......
Evention Announces Strategic Growth Investment from Equality Asset Management
Finance News

Evention Announces Strategic Growth Investment from Equality Asset Management

Fintech News Desk
Investment Will Support Evention’s Domestic and International Growth Evention LLC (“Evention”), a leading provider of software to hotels, restaurants, and retailers, announced that it has secured an investment from Equality Asset Management (“Equality”), a Boston-based growth equity firm. Evention will continue to be led by its founders and Co-Managing Partners, Mike......
Eco Innovation Gains Access to New $10Million Line of Credit to Power Current and Strategic Objectives
Fintech Funding News

Eco Innovation Gains Access to New $10Million Line of Credit to Power Current and Strategic Objectives

Fintech News Desk
Eco Innovation Group, Inc. an innovative company aggregating investments in new technologies that promote environmental and social well-being and the advancement of green energy solutions, is pleased to announce that the Company has been granted a line of credit of up to $10 million to be used toward retiring outstanding toxic......
HGGC Closes Fund IV At Over $2.5 Billion
Fintech Funding News

HGGC Closes Fund IV At Over $2.5 Billion

Fintech News Desk
HGGC to Continue Executing Sector-Focused Strategy in the Middle Market with Differentiated Advantaged Investing Approach HGGC a leading middle-market private equity firm with a sector-focused approach, announced it has completed fundraising for HGGC Fund IV (“Fund IV”) with $2.54 billion of capital commitments. Fund IV exceeded its $2.25 billion target and......
German Mittelstand Leaders Skilfully Navigate Global Issues, Supply Chain Challenges and Ongoing Labour Shortages, Second Annual J.P. Morgan Survey Finds
Fintech News

German Mittelstand Leaders Skilfully Navigate Global Issues, Supply Chain Challenges and Ongoing Labour Shortages, Second Annual J.P. Morgan Survey Finds

Fintech News Desk
Mittelstand companies face inevitable uncertainty, business challenges and rising geopolitical tensions head-on in the year ahead German Mittelstand leaders expect business repercussions from the war in Ukraine for at least six months, up 14% from March, citing higher energy prices (50%), commodity prices (47%) and inflation (38%) as the top......
KKR Closes Inaugural Asia Credit Fund at US$1.1 Billion
Lending News

KKR Closes Inaugural Asia Credit Fund at US$1.1 Billion

Fintech News Desk
KKR, a leading global investment firm, announced the final close of KKR Asia Credit Opportunities Fund, a US$1.1 billion fund focused on performing privately originated credit investments in Asia Pacific. “Our credit strategy is highly complementary to our existing equity strategies in Asia, and the close of ACOF represents a......
LexisNexis Risk Solutions Launches Innovative Insurance Customer Data Management Solution
News Risk Management

LexisNexis US Auto Insurance Trends Report Shows Signs of a Revolution in the Auto Insurance Industry

Fintech News Desk
Latest Annual Report Details Trends U.S. Auto Insurers are Facing in the Aftermath of Pandemic-Induced Supply Shortages, High Inflation Rates, New Driving Behaviors and More LexisNexis Risk Solutions released its 2022 US Auto Insurance Trends Report, which aggregates annual market data about driving behaviors, auto insurance shopping, underwriting and claims to......
KKR Acquires Twenty Anson
Investment Services News

KKR Acquires Twenty Anson

Fintech News Desk
Transaction marks KKR’s first real estate office investment in Singapore KKR, a leading global investment firm, announced the completion of KKR’s acquisition of Twenty Anson, a prime-grade office building in Singapore’s central business district (CBD). The transaction marks KKR’s first real estate office investment in Singapore, and reflects KKR’s confidence......
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