A $120 million fund has been established by UK-based Spex Capital to help MedTech and digital healthcare companies. The Spex Venture Health-Tech Fund was announced on Monday, February 27. It will invest up to $6 million in early-stage health technology companies at a time when consumers are increasingly using digital-first health services. Claudio D’Angelo, founder…
According to a press release from ShiftMed, the platform, which links healthcare providers with certified nurses, wants to increase its national presence in the healthcare industry. According to ShiftMed CEO Todd Walrath, “Healthcare providers continue to struggle with access to credentialed personnel as patient requirements and volume continue to climb.” ShiftMed is well-positioned to offer…
Freight Technologies, a B2B shipping provider, has expanded its scope by teaming with transportation company Majoba. The firms announced their agreement, claiming that Mexico-based Majoba Logistics will connect its fleet to Freight Technologies’ (Fr8Tech) Fr8App platform, allowing the companies to offer their clients a larger choice of products and services. According to a corporate press…
“Embedded finance is in its first inning,” if the FinTech “revolution” following the financial crisis is still in its early stages. We’re just scratching the surface, according to Matthew Valente, head of product strategy at FIS, as conventional financial institutions and FinTechs collaborate to provide everything from bank accounts to lending products to a wider…
Brazil demonstrates how a smartphone may increase financial inclusion and provide underprivileged individuals with access to bank accounts. According to Mario Shiliashki, CEO of PayU Global Payments, bringing financial services to underserved populations and assisting them in moving beyond cash-based transactions will require extensive, collaborative efforts between traditional and nontraditional financial services players and regulators….
To be sure, the recent FTX crisis in the crypto industry has put the word “liquidity” on everyone’s lips as traders withdraw their bitcoin from exchanges, trading platforms declare bankruptcy, and fears grow that more crypto-focused enterprises may follow suit. However, liquidity is a worldwide problem. Liquidity may be thought of as the “oil” that…
PayUp, a Rex business, has obtained a $5 million line of credit from private working capital finance company nFusion Capital, which will allow it to process $50 million in bills. PayUp and nFusion Finance both focus on small to medium-sized businesses (SMBs), and the new relationship will employ PayUp’s tech-enabled early payment solution to give…
As a result of the growing market for options for people to pay their increasingly expensive healthcare costs, another payment arrangement has emerged. KPJ Healthcare, a Malaysian specialty healthcare organization, announced Thursday (Nov 10) that it has worked with merchant commerce platform Pine Labs to create a new zero-interest installment payment plan for customers. The…
Walmart’s CEO has warned suppliers that increased pricing would no longer be accepted if the economy weakens. The Wall Street Journal reported this, citing quotes from Chief Executive Doug McMillon’s speech to suppliers last month. According to people with knowledge of the situation, McMillon warned manufacturers of goods for Walmart’s Sam’s Club stores that Walmart…
Top Tips for Running an International Business from Home Today with the recent spurt of social media and digitization it has become very easy for international businesses to build and at the same time thrive. Another reason for it is the technology which is growing and changing rapidly and is responsible for the spread of…
