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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...
Financial Management
Alkami | June 10, 2022
On June 9th, Alkami Technology, a prominent cloud-banking digital solutions provider in the U.S., announced an alliance with Array, an innovation platform specializing in financial services. Following the partnership, Alkami Technology will be able to offer Array’s range of solutions to their client base, comprising of My Credit Manager, Offers Engine, and ID Protect. Improving the digital-first banking experience is a top priority for banks and credit ...
Wall Street | April 22, 2020
U.S. stock markets opened higher after two days of losses as a measure of confidence returned thanks to a rebound in crude oil prices and the Senate's passing of another economic support package, which tops up the existing program for small businesses by more than $400 billion while also channelling more money to hospitals. By 10:10 AM ET (1410 GMT), the Dow Jones Industrial Average was up 405 points, or 1.8%, at 23,424 points. The S&P 500 was up 1.7% and the Nasdaq Composite was ...
Qupital | June 24, 2020
Qupital, a trade financing platform, announced today that it will partner with eBay as one of its officially recommended Hong Kong financing service providers. In today’s announcement, Qupital said it will provide offshore financing services, including working capital, to eBay sellers in China through QiaoYiDai, its main product. The agreement with eBay means Qupital will be able to monitor the real-time data of eBay sellers who apply for their services, which the fintech start...
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