Apple alum’s finance operations startup raises funds to develop globally
Category:

Apple alum’s finance operations startup raises funds to develop globally

Bluecopa, an Indian startup constructing a finance operations automation platform for high-volume corporations, has raised $2.3 million to develop its providing within the world market.

The seed funding spherical was led by Mumbai-headquartered Blume Ventures, with participation from Titan Capital, T-Fund, Speciale Make investments, Bharat Founders Fund, T2D3, Amplify and Power Ventures.

It was additionally joined by Chargebee founders Krish Subramanian and Rajaraman Santhanam, Rohit Chennamaneni of HR administration platform Darwinbox and Asad Khan and Jay Singh of cross-browser testing instrument LambdaTest.

“Simply to take an analogy, say Salesforce for gross sales, Marketo for advertising and marketing, GitHub for

… Read More Read
Posted On : Published By : Mark Jensen
U.S. cash market funds see huge inflows as Ukraine battle intensifies
Category:

U.S. cash market funds see huge inflows as Ukraine battle intensifies

U.S. greenback banknotes are displayed on this illustration taken, February 14, 2022. REUTERS/Dado Ruvic/Illustration

Register now for FREE limitless entry to Reuters.com

Register

March 4 (Reuters) – U.S. traders had been dashing to spend money on cash market funds because the battle between Russia and Ukraine intensified, fuelling worries about inflation and financial progress.

U.S. cash market funds drew a internet $43.21 billion in internet shopping for, the largest weekly influx since Sept. 22.

Fund flows: US equities bonds and cash market funds

Riskier belongings had been underneath stress as traders disposed U.S. fairness funds price $1.81 billion, marking a

… Read More Read
Posted On : Published By : Mark Jensen
Category:

Who funds your native sheriff? Report raises new marketing campaign finance questions

(Reuters) – An inherent battle of curiosity arises from many political donations to sheriffs across the nation, together with from medical suppliers and bail bond corporations doing enterprise with them, in accordance with a brand new report by watchdog group Frequent Trigger.

Frequent Trigger and Communities for Sheriff Accountability, a jail reform coalition, examined marketing campaign finance stories from 2010-2021 supplied by a pattern of sheriffs in 11 totally different states, together with in Massachusetts, Louisiana and Maryland. They discovered that about 40% of all examined contributions, or greater than $6 million {dollars} in donations, created a possible battle of

… Read More Read
Posted On : Published By : Mark Jensen
Chicago Atlantic Actual Property Finance, Inc. Funds Senior Secured Credit score Facility to MEDfarms
Category:

Chicago Atlantic Actual Property Finance, Inc. Funds Senior Secured Credit score Facility to MEDfarms

CHICAGO, Jan. 03, 2022 (GLOBE NEWSWIRE) — Chicago Atlantic Actual Property Finance, Inc. (NASDAQ: REFI) (“Chicago Atlantic”), introduced immediately it acted as sole lender on a brand new senior secured credit score facility for MEDfarms LLC (“MEDfarms”), a vertically built-in operator in Michigan.

“We’re extraordinarily excited to assist Brandon and MEDfarms, present accretive capital to strengthen MEDfarms’ stability sheet, and improve the corporate’s market share in Michigan. MEDfarms has confirmed itself as a best-in-class operator in Michigan, with superior branding, best-in-class cultivation, and dispensaries which have a loyal following in a aggressive market,” stated Tom Miles, Vice President at Chicago

… Read More Read
Posted On : Published By : Mark Jensen
Category:

Stashing Your Cash Below a Mattress Would not Look So Dangerous In comparison with Bond Funds

Textual content measurement

Some ultrashort-term bond funds, regardless of their minimal danger, have managed to shrink your funding.


Chernetskaya/Dreamstime

The Mattress Fund is the right benchmark by which all funding ought to be measured. Overlook that nonsense about so-called relative efficiency, the all-purpose excuse of funding managers whose outcomes have been solely much less awful than some market benchmark. You could possibly all the time stuff money into the bedding and sleep soundly realizing no less than you’d have the identical sum once you awoke.

Credit score for this clearheaded criterion goes to Floyd Norris, Barron’s Dealer columnist method

… Read More Read
Posted On : Published By : Mark Jensen
Category:

Chinese banks explore e-yuan for selling investment funds and insurance By Cointelegraph

Chinese banks explore e-yuan for selling investment funds and insurance

Government-backed Chinese banks have reportedly started exploring new use cases for the digital yuan by allowing citizens to use it to buy insurance products and investment funds online.

The South China Morning Post reported on Tuesday that leading Chinese banks such as Bank of Communications (Bocom) and China Construction Bank (OTC:) (CCB) are working with fund managers and insurers to enable e-yuan payments for sectors beyond the retail landscape.

Continue Reading on Coin Telegraph

Disclaimer: Fusion Media would like to remind you that the data contained in this website is
… Read More Read
Posted On : Published By : Mark Jensen