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Saudi Startup Lendo Helps SMBs With Invoices

PYMNTS

The company allows for solutions to some of the biggest problems when it comes to the SMB financing market. Late payments and lack of working capital, [and]/or inadequate cash flows, are the main challenges that [SMBs] face. The startup was founded by Osama AlRaee and Mohammed Jawabri. .

Capital 131
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Dutch Takeaway.com Gets $10B For London’s Just Eat Takeover

PYMNTS

Combined, the companies will lead worldwide food delivery markets, including the United Kingdom, Germany, the Netherlands and Canada, Reuters reported on Monday (July 29). The merger is a triumph for hedge fund investor Cat Rock Capital , who is invested in both companies and has asked for a deal.

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‘Ghost’ Kitchens Take A Bigger Role In Food Delivery

PYMNTS

million in fresh capital, a funding round that comes after one in May that brought it about $7.9 The idea is to capitalize on the trend toward food delivery thanks to the likes of Uber Eats, DoorDash and Deliveroo. which is developing robotic technology that can prepare and cook pizzas while en route to delivery.

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The Four Pillars of Smarter Bank Leadership

Gonzobanker

Financial institutions standing in 2030 will have completed a significant and gut-wrenching transformation of their leadership talent. Smarter Bank leaders have an eye for designing and building new systems that align people, processes and technology and that leverage data and intellectual capital.

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Finastra research points to open finance progress

Bobsguide

Results point to the significant progress the industry has made around open finance and collaboration, despite the challenging market conditions of the last few years. London, UK – October 3, 2022 – Finastra today revealed a sneak peek at its annual State of the Nation Financial Services research.

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The Banking Crisis of 2023 is Over — Time to Get Back to the Crisis of the ’20s

Gonzobanker

This decade-long crisis touches banks’ products, technologies, people, processes and the political climate. High interest rates have forced many banks to pay more to retain deposits (often via brokered deposits), while many institutions have seen deposits flee to higher-yielding money market funds. Bond losses. 2) Zombie cores.

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The past and future of the valuation industry

Abrigo

However, as our economy, markets and technology have seen exponential growth over the past century, “valuation science” has evolved – a trend that’s likely to continue as valuation professionals respond to healthy demand in the coming years , Whitener said. Big valuations and venture capital investments spiked during this bubble.

Industry 150