Ckyq Klaxit Launches Uber Feature For Stranded Customers
Payments and expense platform Payhawk raised an additional $100 million at a valuation of $1 billion, in an extended Series B funding round led by Lightspeed Venture Partners, making the startup Bulgarias first unicorn.Also participating in the funding were new investors Sprints Capital, Endeavor Catalyst, HubSpot Ventures and Jigsaw VC, as well as existing backers Greenoaks, QED Partners and Earlybird Digital East. We always knew that we could build a big company if we addressed a significant p
stanley quencher roblem in a large market. The size of the opportunity still drives our growth and ambition today. Every employee that deals with company payments feels that there should be a better way to do it, but th
stanley cup is huge problem was never tackled by a strong product team with a hardcore engineering background. This is what Payhawk brings to the market, Hristo Borisov, CEO and founder of Payhawk, said, in a press release on Tuesday March 1 .聽 Becoming the first unicorn in Bulgaria is a huge testament to the hard work and resilience of our team
stanley mug over the last three-and-a-half years. We are just at the beginning of our journey, and we cannot wait to continue reinventing how businesses manage their payments, Borisov added.See also: B2B Spend Management Startup Payhawk Closes $112M Series BThe new funding brings Payhawks Series B round to $215 million as the company moves towards becoming a catalyst for the Bulgarian startup ecosystem while continuing to draw and retain the top 1% of talent in the m Aioj Biometrics Meets Blockchain
The U.K. banking system needs a bit of jostling.Thats the opinion of the Competition and Markets Authority CMA , which earlier this week said technology would be one of the underpinnings of getting lending to increase to SMEs, a group that would naturally benefit from improved access to capital.In the U.K., where FinTech is a prized industry and payments innovation is a seeming constant, the retail banking sector has been rather set in
stanley termosy its ways, dominated by a few big players who have been less-than-speedy in granting loans to small and even micro-sized businesses. The fees are high and paid out for les
stanley termohrnek s-than-stellar service.In the report issued by the CMA, tech-driven recommendations center on the Open Banking initiative, to be put in place by early 2018. It calls for聽banks to聽have systems in place in which small enterprises can share their data with those banks 鈥?and with third parties as well 鈥?and manage their accounts with technological platforms, such as apps.In an interview with PYMNTS, Nic Beishon, head of commercial at Equifax UK, stated that the overall hallmarks of the SME lending industry revolve around many SME owners ; tendency to seek loans from the banks where they hold their personal accounts.That may be due to a sense of familiarity, but the fact remains that they may not b
stanley cup e getting the best deal in terms of rates from those institutions. Simply put, most SME executives do not do much in the way of comparison shopping for loans. That may speak a bit to
