29 April, 2016 by The TZ Newswire Staff Comments Off on Citi, PayPal Names Add Spark To B2B Funding Rounds
Citi, PayPal Names Add Spark To B2B Funding Rounds
The B2B financial services startup sector is rarely graced with a venture capital flood — and the media attention that comes along with it. This week, amid the earnings reports bonanza, the sector saw a welcome spike in investment activity, boosted by some big names.
Players associated with PayPal and Citibank, for instance, all took the stage in B2B venture capital, and we’re sure these names will add a boost to the value of those funding rounds. We break down how more than $42 million worth of investment landed across India, the U.S. and Europe.
29 April, 2016 by The TZ Newswire Staff Comments Off on Italian unemployment falls to the lowest since Dec 2012
Italian unemployment falls to the lowest since Dec 2012
Some good news for Italy
Go Italy!
29 April, 2016 by The TZ Newswire Staff Comments Off on Sizzle Or Fizzle: The Ant Financial IPO?
Sizzle Or Fizzle: The Ant Financial IPO?
Unicorns are one thing. Unicorns on steroids are quite another.
As is well known by now, Ant Financial, the Chinese micro-lending Internet player, has raised a whopping $4.5 billion in its latest financing round, a tidy sum above the $3.5 billion it had initially been seeking. The funding is a striking portrait of demand by investors with dry powder to gain entry into a nascent, technology driven market.
29 April, 2016 by The TZ Newswire Staff Comments Off on Despite Economic Uncertainty, MasterCard Chugs Ahead (Digitally, Too)
Despite Economic Uncertainty, MasterCard Chugs Ahead (Digitally, Too)
Despite a macro-backdrop that has been marked by headwinds (depending on where you look), MasterCard managed to beat expectations on Thursday (April 28) morning on transaction growth that could be summed up as robust.
The payments firm said that transactions were up 14 percent in the quarter, and revenues, as a result, were 9.7 percent higher year over year, to $2.45 billion, edging the $2.38 billion that was expected by The Street.
Despite rebates, the firm managed to beat The Street with a net income report of $0.86 a share, better than consensus by a penny.
29 April, 2016 by The TZ Newswire Staff Comments Off on SNB’s Jordan Swiss Franc remains significantly overvalued
SNB’s Jordan Swiss Franc remains significantly overvalued
Same old Cobblers from Jordan
Do I really need to repeat his guff again?? Not sure how the figures that last line seeing as we’re still 1000 odd pips worse than the cap.
29 April, 2016 by The TZ Newswire Staff Comments Off on Pitney Bowes Partners On X-Border Shipping
Pitney Bowes Partners On X-Border Shipping
They just don’t make consumer products like they used to. No, literally, the option for a startup to crowdfund its concepts through Kickstarter has actually changed the way new products go from prototypes to market releases. Come launch day, though, those crowdfunded efforts have to navigate the complex world of a cross-border commerce – but increasingly, they’re not going it alone.