(Source: FSM News) More information about Ziddu.com is that it is one of the startup companies that utilize the use of the blockchain technology ledger accounting technology. This same technology is used by digital currency, and Ziddu uses it to create small digital currency loans. The company’s acquisition gave them the opportunity to transact .
Read more ›ACL Services secures $50M growth funding from Norwest
(Source: Private Capital Journal) Just as CRM software aligns the activities of sales, marketing, and customer success teams to deliver greater revenues and an enhanced customer experience, ACL aligns the activities of operations, finance, risk, compliance, and audit teams to deliver enhanced governance and more reliable execution of organizational
Read more ›Aditya Birla Finance Limited partners MoneyTap for better consumer lending
(Source: BFSI Post Magazine | Elets) Aditya Birla Finance Limited is one of India’s leading NBFCs with an outstanding track record and one of India’s most trusted brands with a deep capital base. The partnership serves as a good example of disrupting a traditional banking process and leveraging technology to make the experience significantly better for …
Read more ›Oracle Cloud Business Future Still Murky and Gray
(Source: CIO Today) But Oracle allayed some fears about the state of its cloud software efforts on Thursday [Dec. 14], when it reported cloud-based revenue of $1.5 billion during its fiscal second quarter, which ended November. That figure was 44 percent higher than the $1.05 billion in cloud sales that Oracle reported in the same period a year
Read more ›Digital India, via Skill India
(Source: Financial Express) We’ve set up 500 academies across India for training personnel in softwareinventory and accounting, and plan to scale this up to 2,000 by 2018. Clearly, business solution software companies with a futuristic vision can pitch in to fulfil India’s requirement of digital empowerment through their active involvement with Skill …
Read more ›Aconex deal shows investors ignore Aussie tech at their peril: Mike Cannon Brookes
(Source: The Australian Financial Review) Mike Cannon-Brookes has warned Australian fund managers to ignore Aussie techfirms at their peril, after construction software company Aconex announced a $1.6 …. But since then the company had stumbled, with investors punishing the business for a series of missteps including an accounting change which was not …
Read more ›ezbob lending as a service ‘LaaS’ platform for banks wins Best Technology Initiative for 2017
(Source: PR Web) ezbob is a UK based ‘Lending as a Service’ software provider for banks and other financialinstitutions. The company’s leading product is an digital end to end business loan platform. The automated online platform analyzes the applicant’s personal and business information, including links to business bank accounts, online ..
Read more ›Deals Buzz: Bain Capital takes $450 million bridge loan to fund Axis Bank deal
(Source: Livemint) Bain Capital has taken a $450 million bridge loan from JP Morgan Chase to finance its multi-billion bet on third-largest lender Axis Bank. … Online retail giant Amazon is looking to expand its footprint in the financial technology space and is in talks to invest in digital lending startup Capital Float, reports The Economic Times, …
Read more ›