Cash flow stories - Page 6

Databricks secures over USD $4bn in fresh funding, lifting its valuation to USD $134bn as demand for AI data infrastructure surges.

Xero launches global beta of JAX-powered bank reconciliation, promising to auto-match over 80% of statement lines in real time.

Finity has teamed up with Hydr to offer businesses faster invoice verification and next-day payroll funding, easing cash flow and payment challenges.

QuickBooks Payments launches in the UK to help SMBs cut late invoices, aiming to tackle a GBP £2.5 billion annual payment delay problem.

Hidden inefficiencies in finance teams, including manual processes and data errors, are undermining firms' ambitions for growth and expansion, research shows.

Small businesses boost Black Friday sales by 30% through embedded finance, securing fast funding via eCommerce platforms to overcome cash flow challenges.

Finance firms are shifting from AI hype to mature, strategic use, aiming to cut costs by 81% and speed processing by 73% with integrated solutions.

Bizcap has acquired US-based AI-driven platform 8fig to enhance global SME funding, integrating tech to speed up flexible lending across multiple markets.

project44 grows new annual recurring revenue by over 40% and reaches operational cash flow breakeven amid rapid AI-driven expansion in supply chain solutions.

Over half of finance teams report only partial AI automation, focusing on accuracy and fraud prevention amid reliance on outdated tools and manual tasks.

Automation can tackle talent shortages in finance by cutting repetitive tasks, making roles more engaging amid new European e-invoicing mandates.

Payments now make up 55% of global fintech revenues at USD $126 billion, driven by innovation, regulation, and demand for instant, secure transactions.

Europe's Deep Tech startups, rooted in labs, struggle with app-style funding models; new Playbook urges patient capital aligned with scientific milestones.

Supervity launches its AP AI Command Centre to automate invoice-to-pay finance tasks, cutting processing times by 90% and boosting payment accuracy for firms.

FlexTecs launches AP Inbox Assist, an AI-powered module for its FlexTrap platform to automate AP inboxes and enhance financial control and risk detection.

The suite aims to automate finance workflows and deliver predictive insights, boosting efficiency for 11,000 firms globally.

Fergus has launched tap-to-pay on mobiles, letting tradespeople accept instant contactless payments without extra hardware, boosting convenience and cash flow.

TeamSystem has acquired French SME software provider Sellsy, enhancing its presence in France and Spain with AI-powered CRM and financial management tools.

Dwolla aims to unify instant payments via a single API across FedNow and RTP, simplifying real-time transactions for enterprises amid rapid market growth.

Malpa Games boosted cash reserves by USD $3M and increased user acquisition spend by 81% via a $20M credit facility from PvX Partners to fund growth.