Search Results for: profit margin

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......
Samsung Partners Innoviti on BEAM to provide Extra Margin for Mainline Mobile Dealers on EMI Transactions
Digital Payments Mobile Banking News

Samsung Partners Innoviti on BEAM to provide Extra Margin for Mainline Mobile Dealers on EMI Transactions

Fintech News Desk
by Fintech News Desk0
Reaffirms Innoviti’s commitment to bring online customers back to retail shops using its superior technology backed by its strong partnerships with leading brands Innoviti Payment Solutions, leading provider of smart payment solutions announced a pioneering scheme, Brand EMI Acceleration Mission (BEAM) on its smart marketing app, G.E.N.I.E. This novel feature enables......
Toast Acquires xtraCHEF to Empower Restaurants with Insights into Menu Profitability and Accounts Payable Automation
Digital Payments News

Toast Acquires xtraCHEF to Empower Restaurants with Insights into Menu Profitability and Accounts Payable Automation

Fintech News Desk
by Fintech News Desk0
Acquisition follows successful partnership launched in June 2020 Toast, the end-to-end cloud platform purpose-built for the restaurant community, announced it acquired xtraCHEF, a suite of back office tools for restaurants, including accounts payable automation and inventory management. Designed from the ground-up for restaurants of all sizes, xtraCHEF arms operators to take......
Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term
Fintech Fintech Funding News

Atom Bank to Raise £40m to Put It on the Path to Profitability in the Near Term

Fintech News Desk
by Fintech News Desk0
Atom, the UK’s first app-based bank, is to raise £40m from existing shareholders as it moves to profitability from its mortgage and business lending within a year, and to IPO the year after. Read More: Aurus Technologies Brings Gold Tokenization to Chile and Latin America Atom’s revenues are growing strongly......
Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds
Artificial Intelligence Blockchain Capital Markets Cloud Cryptocurrency Digital Fintech News

Financial Services Firms That Invested In Emerging Technologies Profited In 2020, New Broadridge Study Finds

Fintech News Desk
by Fintech News Desk0
Widening gap emerges between Leaders and Non-leaders Leading firms to allocate nearly 20% of global IT budgets to next-generation technologies by 2023 Over half of financial services firms worldwide plan to increase their spending over the next two years on next-generation technologies such as AI, blockchain, the Cloud and digital,......
Introducing UniMex: A Low-Cap DeFi Project that Solved Decentralized Margin Trading
Banking Cryptocurrency Currency Exchange Fintech News Risk Management Trading

Introducing UniMex: A Low-Cap DeFi Project that Solved Decentralized Margin Trading

Fintech News Desk
by Fintech News Desk0
The invention of the Internet has revolutionized the trading industry, making it a lot more accessible to regular people. In fact, most people had no access to the markets prior to this, as they needed to be rather wealthy in order to participate individually. The Internet changed that, making it......
B2Broker Introduces B2Core To Offer Businesses Brand New Pack-Based Trader’s Room Concept
Business Fintech Investment Services News Trading

B2Broker Launches B2Margin White Label Margin Exchange Trading Platform

Fintech News Desk
by Fintech News Desk0
B2Broker, a leading liquidity and technology provider of solutions to the Forex and crypto industry, has announced the launch of B2Margin, a white label margin exchange trading platform. Margin trading, long present in the Forex markets, is now hugely popular in the fast-moving crypto sphere. Even large exchanges have now implemented......
New Syntellis Performance Solutions Report: Financial Executives Have Limited Confidence in Managing Profitability Performance
Fintech News

New Syntellis Performance Solutions Report: Financial Executives Have Limited Confidence in Managing Profitability Performance

Fintech News Desk
by Fintech News Desk0
Financial Institution executives call for greater use of profitability analysis in uncertain industry landscape Syntellis Performance Solutions, a leading provider of financial planning software, data and analytics solutions for healthcare, higher education and financial institutions, released a report that found 71% of financial institution executives have limited confidence in their......
GiftCardsDoGood.com Allows Consumers to Support Nonprofits and Local Businesses through Gift Card Purchases
Business Fintech News

GiftCardsDoGood.com Allows Consumers to Support Nonprofits and Local Businesses through Gift Card Purchases

Fintech News Desk
by Fintech News Desk0
Website aggregates variety of gift cards and egifts giving back As people and businesses search for ways to help others during the COVID-19 crisis, global branded payments provider Blackhawk Network is connecting brands and people through GiftCardsDoGood.com—an aggregation of Blackhawk’s customers who are giving back with promotions of their gift card and egifts to “do......
Financial Services CFOs Say Their Institutions Need to Gain Greater Insights into Who and What Drives Profitability, Kaufman Hall Survey Finds
Business Fintech News

Financial Services CFOs Say Their Institutions Need to Gain Greater Insights into Who and What Drives Profitability, Kaufman Hall Survey Finds

Fintech News Desk
by Fintech News Desk0
Huge Gaps Exist Between What Finance Leaders Feel Is Important to Monitor, and What They Actually Measure and Track Pressure from an uncertain economy and unprecedented competition from an increasing number of sources has 92% of CFOs and financial executives feeling like their financial institutions should be doing more to......
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