Market Realist

Mobile Banking, Payments

Mastercard | October 10, 2022

Businesses often struggle with visibility into how and where they spend money and with which suppliers. In a recent poll of treasury professionals, 91% of respondents noted they still used spreadsheets for forecasting1. To address this need, Mastercard today announced the launch of Global Treasury Intelligence, a cloud-based analytics platform that enables organizations to execute more effective and sustainable financial strategies, and support corporate priorities such as cash management, risk ...

Casper | January 27, 2020

Casper Sleep Inc, the online mattress retailer whose investors include actor Leonardo DiCaprio and rapper 50 Cent, expects its initial public offering valuation to be well below the roughly $1 billion it commanded in the last funding round. In a regulatory filing on Monday, the company said it expects the offering of 9.6 million shares to be priced between $17 and $19 per share. At the top end of the range, the IPO will raise $182.4 million and give the firm a valuation of $768 million. Casper w...

Payments

Huawei | September 27, 2021

Huawei launched a financial inclusion solution featuring mobile payment and micro finance at HUAWEI CONNECT 2021. The solution helps financial institutions provide fast and affordable services, bringing the world a step closer to financial inclusion. Huawei will continue working with ecosystem partners and using new ICTs to advance mobile payment and build a prosperous business ecosystem. Banks use mobile payment and micro finance solutions, including cloud technology and SaaS, to...

Payments

PayAlly | June 11, 2021

PayAlly has picked Banking Circle solutions to boost its cross-border payment services in multicurrency for B2B, a fully integrated payment system for small- and medium-sized enterprises. The new agreement allows PayAlly access to the Banking Circle Banking Network to a larger number of payment channels to improve the speed and price of payment internationally for their e-commerce consumers. “At PayAlly, we seek to assist small businesses and people by providing them with fa...