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Volante Technologies | April 06, 2021
Volante Technologies, the international pioneer in cloud payments and financial messaging, reported today that it has received the Cfi. co Global Award for Best Payments & Financial Messaging Solutions for 2021. The CFI.co awards program aims to recognize and honor excellence in individuals and organizations, as well as to promote innovative fintech solutions and consistently high levels of customer satisfaction. Volante's emphasis on cloud-native solutions ...
Business Wire | October 13, 2020
Spendesk, the leading spend management platform for SMBs, today announced it has raised $18 million in addition to its Series B round last year ($38 million). The new investment comes from global VC fund Eight Roads Ventures and brings the total raised to $68.5 million. This funding will support the strong growth Spendesk has realised despite the current pandemic, which has accelerated digitisation of finance departments and increased the demand for spend management solutions. The trend towards ...
Reuters | April 24, 2020
Oil prices rose on Friday, bringing an end to another week of losses that featured the U.S. contract plunging to minus $40 a barrel, as global production cuts could not keep pace with the collapse in demand caused by the coronavirus pandemic. Oil trading was extremely volatile all week, in an extension of the selling that has dominated trading since early March as demand collapsed 30% due to the pandemic. While certain fundamental factors, such as a sharp fall in active drilling ri...
Investing.com | April 24, 2020
Senior World Bank officials on Friday warned that developing economies could see a deeper recession than currently expected if consumption and investment do not rebound quickly after the coronavirus pandemic. In a blog posting on the Bank's website, officials said the preliminary baseline scenario forecast a "grim" 2% drop in economic output in developing countries, the first contraction in these economies since 1960 and a sharp swing from average growth of 4.6% over the las...
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