Value Capital Funding

Reuters | April 10, 2020

Saudi Arabia, Russia and their allies will press Mexico on Friday to join an accord for collective oil production cuts equivalent to 10% of global supplies and will push the United States and other producers to remove a further 5%. The plan for cuts top the agenda for Friday’s video conference of energy ministers from the Group of 20 (G20) major economies, after Moscow, Riyadh and others in the OPEC+ group forged a deal in marathon talks on Thursday, only to have it stumble when Mexico bal...

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...

Reuters | January 20, 2020

Global direct foreign investment (FDI) dipped slightly around the world last year, hit by massive divestment in Hong Kong and a drop in flows into Britain due to Brexit uncertainty, the United Nations said on Monday. FDI could rise marginally in 2020 on the back of modest growth as trade tensions between China and the United States ease, but geopolitical uncertainties and protectionist pressures are tempering expectations, it said. In 2019, global FDI flows were estimated at $1.39 trillion, down...

FINTECH

iBanFirst | July 01, 2021

In order to become the European leader in B2B cross-border payments, iBanFirst is expanding its services with the implementation of additional open-banking features. The iBanFirst Open Banking Barometer assesses open banking coverage for SMEs across Europe. This tool will give a country-by-country effective measurement of account aggregation and payment initiation availability. “While the historical banks' lack of enthusiasm made it difficult to develop effective open-ba...