Banca Akros

WeWork | February 11, 2020

WeWork on Tuesday brought forward its target of becoming free cash flow positive by a year to 2022 as Chairman Marcelo Claure pushes ahead with his five-year turnaround plan aimed at boosting valuation and winning back investor trust. The office sharing start-up, which has gone through a meltdown as its public offering imploded last year, also said it expects to record its first ever $1-billion revenue quarter this year. The company aims to achieve free cash flow of over $1 billion by 2024. As p...

Financial Management, Payments

Nuvei | February 03, 2023

Nuvei Corporation announced on February 2, 2023, that it has been selected as the exclusive payment technology supplier for Le Panier Bleu, a Quebec-based online marketplace platform. Through its e-commerce platform, Le Panier Bleu gives small and medium-sized businesses access to enterprise-level payment solutions by employing Nuvei for Platforms, the market-leading integrated payments technology developed by Nuvei. Nuvei for Platforms is a packaged solution that inc...

Revolut | August 12, 2020

Revolut, a tech ‘unicorn,’ and one of the more promising FinTech platforms on the market today, has recently released its annual fiscal report. The annual fiscal report touches on the various accomplishments, setbacks, and financial markers surrounding the company’s operations throughout the 2019 fiscal year. As its user base increases, so do its cash holdings on the users’ behalf, with this total jumping from £903M in 2018 to roughly £2,281M in 2019. Fu...

Torstone Technology | June 10, 2020

Torstone Technology, a leading provider of post-trade securities and derivatives processing, today announced its SaaS platform has been recognised as the Best Cloud Computing Solution in the FTF News Technology Innovation Awards 2020. The annual FTF News Technology Innovation Awards recognise accomplishments in post-trade processing and industry participants that have made significant advances and notable achievements in operational excellence over the past year. The final list of the awards win...