Divido, a consumer finance startup that makes credit available to purchasers of merchandise at the point of sale, raised $15 million in its most recent funding round. Investors included Mastercard and American Express Ventures.
Emplify, a startup whose software helps employers keep track of how their workers feel about their jobs, raised $7.5 million in its most recent funding round. The company is launching a partner program to work with talent management and consulting firms.
Binny Bansal, co-founder of Indian online retailer Flipkart, says the company plans to go ahead with an initial public offering even though Walmart paid $16 billion for 77% ownership. He says Flipkart needs to offer equity to recruit top talent.
Ola, a major competitor of Uber in India, raised $50 million in its most recent funding round. The investment from Hong Kong-based Sailing Capital and the China-Eurasian Economic Cooperation Fund, which is backed by the Chinese government, was based on a $4.3 billion valuation.
Setoo, a British startup that helps e-commerce businesses incorporate the offering and sale of insurance products into their websites, raised $9.3 million in its most recent funding round. Much of the money came from Kamet, a startup studio backed by insurer AXA.
Freightos, an Israeli startup that runs a cloud-based shipping marketplace and logistics service, raised $44.4 million in its most recent funding round. The Singapore Exchange, which led the round, says it wants to work with Freightos to create financial instruments to bring improved transparency and risk mitigation to the shipping industry.
The Treasury Market Practices Group is accepting feedback on a white paper that covers clearing and settlement of Treasurys on secondary markets. The group seeks to advance the discussion of how participants are moving away from central clearing.
The buy side is dealing with increasing regulations and smaller margins, prompting a search for new markets. "The question is where are you going to see growth?" said William Wilkinson, chief operating officer of United Nations Joint Staff Pension Fund.
This analysis of recent stock buyback activity points to potential red flags and the value of options such as raising dividends when stock performance is strong. Share repurchase plans may not be the best use of capital in the long run.