Arketi Group, a leading digital marketing and public relations agency specializing in B2B technology companies, has announced a major milestone in its growth strategy. The firm has secured a significant private equity investment from Go Capital and Station Partners, positioning Arketi as the platform leader for a new network of industry-leading digital marketing and PR firms. Expanding Reach and Capabilities Arketi has been a trusted partner for technology organizations worldwide for over two decades, known for delivering revenue-driving strategies in public relations, messaging, branding, and demand generation. With the support of Go Capital and Station Partners, Arketi is poised to…
Author: Your TechCFO
The demand for the business B2B Payments market is set on a path of constant growth, with an estimated CAGR of 9.42% by the year 2030 and a projected market size of USD 3,010.91 billion. According to the data, the sector is worth USD 1,603.32 billion in 2023 and is further fuelled by digital and virtual platforms, automation, and demand for efficient cross-border payments. A Digital Revolution in Payments Due to the continued advancement of business organizations toward dependency on technology, how organizations manage their payments is quickly changing. B2B payments represent the other side of the financial exchanges between…
WeTransact has partnered with Capchase to offer B2B software-as-a-service (SaaS) providers an innovative solution for payment delays. This collaboration combines WeTransact’s powerful marketplace platform with Capchase’s capital and payment services, enabling businesses to access upfront payments and strengthen their financial health. Solving Cash Flow Challenges for SaaS Providers The financial challenges facing SaaS providers are real. With an unpredictable economy and delayed payments, tech startups are often stuck in a cycle of chasing payments, impacting their ability to scale. This new partnership will let companies selling through the Microsoft Marketplace receive upfront payments, sidestepping the typical 90-day waiting period. “Marketplace…
In recent years, the financial services industry has undergone a significant transformation, driven by advancements in technology and changing consumer expectations. One of the most notable developments is the rise of cloud banking, which offers a range of benefits that traditional banking models cannot match. Understanding cloud banking and its implications for the future of financial services is essential for both consumers and industry professionals. This blog will explore what cloud banking entails, the benefits it offers, key trends shaping its future, and the challenges that organisations may face in adopting cloud-based solutions. What is Cloud Banking? Cloud banking refers…
Priority Technology Holdings has achieved impressive results, reporting a 20% jump in quarterly revenues, hitting a record $227 million, up from $189 million. This surge in earnings comes as the company’s B2B business continues to drive exceptional growth. Strong Performance Across Key Segments Priority’s adjusted gross profit reached $86 million, a nearly 19% increase from the previous quarter. Chairman and CEO, Tom Priore, credited the company’s success to its strong performance in small and medium-sized business (SMB) acquiring, B2B payables, and enterprise payments. “Our continued execution supports that Priority’s technology, operations, and decision-making have positioned us to excel throughout 2024…
Sunbit, a fast-growing Buy Now, Pay Later (BNPL) fintech, closed $355 million in its debt warehouse facility. The financial heavyweight JP Morgan, Mizuho Bank Ltd., and Waterfall Asset Management in a new agreement represents another step forward for the company. A Strong Start to 2024 This is Sunbit’s second 2024 term ABS facility, after closing a $310-million deal in January with Citi and Ares Management. This most recent agreement looks to take that prospect forward for Sunbit in what will be crucial to scaling the competition position of its point-of-sale (POS) lending technology. Expanding Market Reach Sunbit, launched in 2016,…
In the fast-paced world of business, organisations must navigate a complex landscape of competition, changing market conditions, and evolving customer needs. To thrive in this environment, having a clear roadmap is essential. This is where the Annual Operations Plan (AOP) comes into play. Understanding why an Annual Operations Plan is important can help businesses align their resources and strategies effectively to achieve operational goals and long-term success. This blog will explore the significance of an AOP, its benefits, and how it differs from strategic planning. What is an Annual Operations Plan (AOP)? An Annual Operations Plan (AOP) is a detailed…
DHL Group, headquartered in Germany, adjusted its earnings before interest and taxes (EBIT) forecast to €5.8 billion ($6.3 billion) for 2024, a reduction from the previously set €6–€6.6 billion range ($6.5–$7.2 billion). The announcement, made Tuesday morning, led to a nearly 4% drop in company stock as investors digested the news. DHL attributed the revision to “weak economic dynamics” impacting demand across its service offerings. Despite the overall outlook, DHL reported a 6.2% rise in third-quarter revenue to €20.6 billion ($22.5 billion), with net profit at €751 million ($819 million). This gain, however, was not enough to sustain earlier growth…
Mastercard has announced a strategic partnership with PayMate, a leading business-to-business (B2B) payments platform. The collaboration aims to enhance digital B2B payments for companies in Eastern Europe, the Middle East, and Africa (EEMEA). This announcement was made on November 4, 2024, signaling a significant shift in how businesses conduct transactions in these regions. Addressing Industry Challenges The B2B payments market is expected to surpass $3 trillion in revenue by 2027, underscoring its immense growth potential. Mastercard and PayMate’s partnership seeks to tackle challenges faced by businesses, including limited visibility, manual invoice processes, and restricted payment options. These issues often lead…
In the fast-paced world of business, organisations must navigate a complex landscape of competition, changing market conditions, and evolving customer needs. To thrive in this environment, having a clear roadmap is essential. This is where an Annual Operations Plan (AOP) comes into play. Understanding why an Annual Operations Plan is important can help businesses align their resources and strategies effectively to achieve operational goals and long-term success. This blog will explore the significance of an AOP, its benefits, and how it differs from strategic planning. What is an Annual Operations Plan (AOP)? An Annual Operations Plan is a detailed document…