Atlanta-based Urjanet wants to help utilities go paperless, using a $14.65 million Series D raise announced this week to drive adoption of digital payments in a sector where most companies still use in-person collection or paper-based systems. The 10-year-old company spun out of Advanced Technology Development Center has built a business out of aggregating and permissioning […]
Euronext Ireland Listing to Grow Trust Stamp’s Expanding Global Footprint
Atlanta-based Trust Stamp, a prime example of a local tech startup going global almost from inception, plans to go public via a direct listing on the Euronext Growth market in Dublin in September. The direct listing option on Euronext, which has about 1,500 listed companies representing $3.6 trillion in market capitalization, allows issuers to sell shares to the […]
Ebix Preaches Resilience as Extended India Lockdown Hits Bottom Line
Metro Atlanta-based Ebix Inc. says its broad diversification kept the company profitable in the first quarter, despite an extended lockdown in India and pandemic-related restrictions that pummeled business segments that are highly dependent on travel. The Johns Creek-based insurance software provider, travel marketplace operator and financial technology firm posted a drop in revenues of about 4 percent to $137.9 million, down from […]
Invoice Insights: PrimeRevenue Sees Early Indications of Recovery Among Chinese Suppliers
Editor’s note: The following commentary by PrimeRevenue CEO P.J. Bain first appeared on PrimeRevenue.com but has been adapted for this publication with permission. PrimeRevenue has closely monitored COVID-19 and its impact on global supply chains since the beginning of the year both by speaking to our customers as well as leveraging the data we have. […]
Dubai Makes Its (Pre-Pandemic) Investment Pitch in Atlanta
The focus may have been on its gleaming skyscrapers, upscale homes and a (potentially postponed) world expo in October, but a presentation on Dubai March 12 showed that the emirate has a few business sectors, especially in technology, that could complement Atlanta well. The “Demystifing Dubai” seminar was held at the Commerce Club downtown March 12, […]
Atlanta’s Riskonnect Expands Into U.K. With Acquisition, Belfast Office
Riskonnect, an Atlanta-based provider of software and solutions that help companies manage risk and government compliance, has made significant moves into the United Kingdom, opening a Belfast office and acquiring a London-based company within the same week. Invest Northern Ireland, the economic development agency, announced last week that Riskonnect would hire 100 in what will become […]
Kabbage Co-founder Advocates Three-Week Global Quarantine to Mitigate Small Business Harm From Coronavirus
One prominent Atlanta tech executive is calling for a three-week global quarantine he believes could help the world get a handle on the novel coronavirus in relatively short order. In a blog post published as Italy enacted a nationwide lockdown and markets panicked on news of the COVID-19 disease’s spread to 100-plus countries, Kabbage CEO […]
Atlanta to Kick Off Federal Reserve’s Fintech ‘Office Hours’
The Federal Reserve Bank early next year will open the doors of its banks across the country to private banks and companies seeking insight on innovations in financial technology, with Atlanta hosting the first session Feb. 26. The Fed’s fintech “office hours” are designed to help companies gain insights into the banking regulator’s thinking on […]
Interview: Colombia’s Ambassador on Tech Ties With Atlanta, Optimism on Venezuela and Long-Term Peace Prospects
Editor’s note: The message at the Metro Atlanta Chamber from Colombian Ambassador Francisco Santos Tuesday was clear: the country of 50 million is not only open to American investment, but eagerly seeking more commercial engagement from its long-time military ally. In light of the U.S. trade spat with China, which he sees as a “technological […]
Global Payments to Buy Merchant Processing Business of Canada’s Desjardins Group
Atlanta-based Global Payments Inc. has agreed to buy the merchant payments business of Canada’s sixth largest financial institution. The terms of the deal with Quebec-based Desjardins Group were not disclosed; the companies expect the transaction to close next year after receiving regulatory approvals, the companies announced in an Oct. 31 news release. In addition to […]
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