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Iliad Launches Stancer, a Low-Cost Payment Fintech for Small Merchants

Approved by the ACPR as a payment institution, Stancer has been headed by George Owen, a former business lawyer, since May 2022. The fintech company intends to launch in the future a complete suite of technological tools for merchants, both in physical stores and online (split payment, e-commerce site creation and hosting, scoring).
Veröffentlicht am 28.09.2022 um 17:00:00 Uhr - Kategorie: Featured - Autor: Helene Lindbergh

Industrie Ilpea Secures €15 Million Loan From Crédit Agricole Italia

Ilpea had been the subject of one of the first major buyouts in the history of Italian private equity. The company closed its consolidated financial statements as of October 31st, 2021, with €279 million in revenues, Ebitda of €43.4 million, and net income of €16.9 million, against net financial debt of €82.3 million, after closing 2020 with €225.8 million in revenues, Ebitda of €36.8 million, net income of €7 million, and net financial debt of €92.3 million.
Veröffentlicht am 28.09.2022 um 16:00:00 Uhr - Kategorie: Business - Autor: Andrew Ross

General Electric Healthcare Seeks €100 Million From the Inveat Plan in Spain

GE Healthcare is divided into four areas. The first is imaging (with X-ray equipment, for example), ultrasound, patient care solutions, and pharmaceuticals. The company's annual turnover is around $17,725 million and the business in Spain and Portugal generated €250 million in 2021. GE plans to IPO its medical products division in January 2023, thus fulfilling the roadmap set out in November 2021.
Veröffentlicht am 28.09.2022 um 15:00:00 Uhr - Kategorie: Biotech - Autor: Anthony Donaghue

The Business Plan Competition in Burkina Faso

A total of 37 winners were selected for the first edition of the Business Plan Competition (CPA) out of a thousand candidates in the thirteen regions of Burkina Faso. The official award ceremony of this competition of the year 2021, was chaired by the Minister of Economy, Finance, and Forecasting, Seglaro Abel Somé, this Tuesday, September 27th, 2022.
Veröffentlicht am 28.09.2022 um 14:00:00 Uhr - Kategorie: Africa - Autor: Desmond O'Flynn

Invesco: Factor Investing Minimizes ESG Losses

The quantitative factor model is highly appreciated by investors. 66% of investors already consider this approach useful for implementing their ESG objectives (in 2018 only 42% thought so). More than half of respondents say they allow them to "identify and control unintended biases" in their sustainable portfolios. What psychological mechanisms control their investment decisions?
Veröffentlicht am 27.09.2022 um 18:20:00 Uhr - Kategorie: Featured - Autor: Helene Lindbergh

Desafío Latam Raises US$ 660,000 to Enter Mexico

In its eight years of operation, Desafío Latam exhibits sustained growth figures and metrics that generate impact in the booming market of programming boot camps that have been developed in Chile: 10 thousand students have passed through its classrooms, 300 teachers impart their knowledge in Information Technology on a daily basis, $120 million have been raised in public funds.
Veröffentlicht am 27.09.2022 um 17:00:00 Uhr - Kategorie: Crowdfunding - Autor: J. Frank Sigerson

Dock Financial Acquires a Stake in Compeon – and Wants to Sell to Its Customers

According to Dock Financial and Compeon, the joint offering has already been tested in a pilot phase and will be rolled out by the end of the year - with financial advisors from the Compeon network expected to boost sales. Compeon's last funding (€15 million in January 2021) saw participation from existing investors Tengelmann, b-to-v Partners and Dieter von Holtzbrinck Ventures.
Veröffentlicht am 27.09.2022 um 16:00:00 Uhr - Kategorie: Featured - Autor: Jeremy Whannell

Cardano (ADA) After the Vasil Upgrade – What Has Changed

Vasil for ADA will provide further improvements to the ecosystem this Tuesday (September 27th). That is because, as planned, it virtually ignites a second stage of the upgrade, which expands possibilities for Plutus on Cardano. Plutus is the programming language for smart contracts at Cardano and thus an important factor in how ADA performs in use cases for Decentralized Finances (DeFi), for example.
Veröffentlicht am 27.09.2022 um 15:00:00 Uhr - Kategorie: Crypto - Autor: Michael Jermaine Cards

Corn Demand Needs to Hold to Keep Lower Ending Stocks Estimates in Play

Corn closed lower on Friday and near unchanged for the week as the US Dollar moved sharply higher and as the harvest comes closer in the US. Oats were also about unchanged for the week after moving sharply lower on Friday. The cash market has been strong as the trade is worried about the availability of US Corn in the short run and Ukraine Corn overall. 
Veröffentlicht am 27.09.2022 um 14:00:00 Uhr - Kategorie: Featured - Autor: Jack Scoville

Orabank-Burkina Gets Closer to its Customers with Innovations

The financial institution Orabank Burkina organized a cocktail ceremony for institutional clients, in the evening of Friday 23rd, September 2022 in Ouagadougou, to present its new products and services. Since 2014, the Orabank Group is present in twelve countries in Africa. Already in December 2013, the group established itself in the eight countries of the WAEMU (West African Economic and Monetary Union) zone.
Veröffentlicht am 26.09.2022 um 17:50:00 Uhr - Kategorie: Africa - Autor: Suzanne Mitchell

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