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PLASTIQ RAISES $75M

Plastiq | March 27, 2020

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Plastiq, a US startup that lets SMEs pay any bill by credit card, has raised $75 million in a Series D funding round led by B Capital Group. Kleiner Perkins, Khosla Ventures, Accomplice and Top Tier Capital Partners, all previous investors, also participated in the round, bringing Plastiq's total funding to date to more than $140 million. Plastiq enables SMEs to use their credit cards for virtually any expense, even where plastic isn't accepted, helping users to maximize the working capi...

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PAYMENTS

BILL.COM ANNOUNCES MICROSOFT DYNAMICS 365 INTEGRATIONS

Bill.com, Microsoft | April 20, 2021

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Bill.com, a leading supplier of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and medium-sized companies (SMBs), today announced an extension of its partner platform with Microsoft Dynamics 365, including Microsoft Dynamics 365 Business Central and Microsoft Dynamics GP. Mutual clients will now be able to take charge of their financial operations, save time, and scale with trust due to the integrations' intelligent automatio...

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WALL STREET RISES ON STRONG DATA; TESLA LIMITS NASDAQ'S ADVANCE

Tesla | February 05, 2020

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Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the U.S. economy but the Nasdaq pulled back from record levels as losses in Tesla shares weighed. Private-sector payrolls increased by 291,000 in January, the ADP National Employment Report showed, far above expectations of 156,000 job additions. Meanwhile, the Institute for Supply Management’s (ISM) data showed U.S. services sector activity picked up last month following...

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WEWORK SETS HARD FREE CASH FLOW, REVENUE TARGETS AS PART OF FIVE-YEAR PLAN

WeWork | February 11, 2020

news image

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...

Read More
news image

PLASTIQ RAISES $75M

Plastiq | March 27, 2020

Plastiq, a US startup that lets SMEs pay any bill by credit card, has raised $75 million in a Series D funding round led by B Capital Group. Kleiner Perkins, Khosla Ventures, Accomplice and Top Tier Capital Partners, all previous investors, also participated in the round, bringing Plastiq's total funding to date to more than $140 million. Plastiq enables SMEs to use their credit cards for virtually any expense, even where plastic isn't accepted, helping users to maximize the working capi...

Read More
news image

PAYMENTS

BILL.COM ANNOUNCES MICROSOFT DYNAMICS 365 INTEGRATIONS

Bill.com, Microsoft | April 20, 2021

Bill.com, a leading supplier of cloud-based software that simplifies, digitizes, and automates complex back-office financial operations for small and medium-sized companies (SMBs), today announced an extension of its partner platform with Microsoft Dynamics 365, including Microsoft Dynamics 365 Business Central and Microsoft Dynamics GP. Mutual clients will now be able to take charge of their financial operations, save time, and scale with trust due to the integrations' intelligent automatio...

Read More
news image

WALL STREET RISES ON STRONG DATA; TESLA LIMITS NASDAQ'S ADVANCE

Tesla | February 05, 2020

Wall Street rallied for a third straight day on Wednesday after a clutch of positive data painted a stronger picture of the U.S. economy but the Nasdaq pulled back from record levels as losses in Tesla shares weighed. Private-sector payrolls increased by 291,000 in January, the ADP National Employment Report showed, far above expectations of 156,000 job additions. Meanwhile, the Institute for Supply Management’s (ISM) data showed U.S. services sector activity picked up last month following...

Read More
news image

WEWORK SETS HARD FREE CASH FLOW, REVENUE TARGETS AS PART OF FIVE-YEAR PLAN

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...

Read More