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Small business online lending platform BlueVine announced a $102.5 million funding round and plans to expand its presence in the small and medium-sized business  SMB  banking market.In a press release Tuesday  Nov. 19 , BlueVine revealed ION Crossover Partners led the series F equity financing round, which also saw par <a href=https://www.cup-stanley.fr>stanley france</a> ticipation from Lightspeed Venture Partners, Menlo Ventures, 83North, SVB Capital, Nationwide, Citi Ventures, M12 and private investors.A series of new investors also participated, the press release said, and include MUFG Innovation Partners, O.G. Tech, Vintage Investment Partners, ION Group, Maor Investments and other private backers.BlueVine plans to deploy the funding to develop BlueVine Business Banking, an expansion of its small business financing offering. The initiative includes the creation of a banking platform with small business checking account services integrated with BlueVines existing SMB financing products. The platform will also connect businesses to the BlueVine Business Debit Mastercard.Funding will be used to integrate BlueVines invoice factoring, li <a href=https://www.stanley-germany.de>stanley germany</a> ne of credit and term loan products into the banking platform. BlueVine said it also plans to grow its team with a focus on hiring in the engineering, product and revenue departments.The company first announced its plans to expand into small busine <a href=https://www.cups-stanley.uk>stanley uk</a> ss banking in October with the launch of the BlueVine Checking Account. The recent launch of BlueVine Checking demonstrates our commitment to revolution Efyw Today In Payments Around The World: Mobile Money, bKash Collaborate With Ripple; Ant Group Revamping Operations
Didi Chuxing, the Chinese ride-hailing startup, ByteDance, the mobile app maker in China, and other Chinese tech firms <a href=https://www.cup-stanley-cup.pl>stanley cup</a>  are reining in perks such as free snacks and gym memberships, slashing bonuses and laying off workers amid a slowdown in the economy.According to a report in聽The Financial Times, tech firms across the country are in cost-cutting mode after years of excesses. With capital raises slowing down amid the sluggish economy, startups are optin <a href=https://www.stanleycup.com.de>stanley quencher</a> g to reduce expenses rather than spend lavishly on their employees. According to The Financial Times, capital investments in tech startups in China began to slow down during the second half of last year, which resulted in lower valuations for the companies. At the same time, consumers have become more price-conscious and advertisers are rethinking their ad spends. All of this is weighing on Chinese tech <a href=https://www.stanleycup.com.de>stanley cup</a>  companies, which are passing the pain on to employees.Dianrong, the peer-to-peer lender, was the latest example of cost cutting going on with Chinese tech startups. It announced late last week that it is laying off 2,000. Meanwhile Zhaoping, an online recruitment website, said it is seeing a record number of resumes.聽 Changes in the market environment have brought the development of the internet industry back to a rational state,  said Li Qiang, executive vice-president, in an interview with The Financial Times. He said other issues hurting the sector are the fact that internet user numbers are flattening out and a regulatory cla
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