Know What's Happening in Finance
Know What's Happening in Finance
Klarna secures $1.7B risk transfer and $2B funding facility to boost lending
Klarna unveiled a $2 billion forward‑flow facility with Elliott Investment Management that will back up to $17 billion of U.S. loan originations over the next three years. It also completed a €1.7 billion Significant Risk Transfer led by Värde Partners, freeing capital for broader lending.
Also developing:
Ecofy Finance, a climate‑focused NBFC, is raising Rs 380 crore in a Series B equity round led by British International Investment. The round includes Rs 220 crore from BII, Rs 70.5 crore from Finnfund, and continued backing from FMO and Green Growth Equity Fund. Post‑allocation, Ecofy’s valuation is estimated at roughly Rs 800 crore, and the capital will bolster its working‑capital needs for financing EVs, solar, and other sustainable projects. The company reported a 4.8‑fold revenue surge to Rs 93.3 crore in FY25, albeit with a 15.6% rise in losses.
Yeliz Ataay Arıkök explains that sustainable finance in Turkey is accelerating thanks to regulatory alignment, rising climate‑related risks, and strong corporate demand, especially from renewable energy and heavy‑industry players. Leveraging QNB Group’s deep balance sheet and international market access, QNB...
The Central Information Commission (CIC) has directed the National Financial Reporting Authority (NFRA) to publish all orders, circulars, and policy decisions affecting audit practices on its website. The recommendation emerged from an RTI appeal concerning auditors' right to legal representation...
Backup withholding obliges payers to retain 24% of reportable payments when a payee’s Taxpayer Identification Number cannot be verified or the IRS issues a directive. Failure to apply the withholding exposes the payer to personal liability for the shortfall. The...
Interio by Godrej projects its workspace‑solutions business to exceed ₹1,100 crore in FY26, buoyed by strong demand for turnkey interiors across banking, corporate and infrastructure sectors. The firm recently delivered a 75,000 sq ft fit‑out for State Bank of India’s head office in...
Kalshi has teamed up with Brazil's leading brokerage XP Inc. to launch regulated prediction‑market contracts outside the United States. XP will handle local distribution, client relationships, and regulatory coordination, while Kalshi supplies the trading technology, market design, and risk‑management tools....
Valero Energy priced an $850 million senior note offering due 2036 with a 5.15% coupon, set to close Tuesday. The net proceeds will refinance higher‑cost 2026 debt, including 7.65% debentures and 3.4% senior notes. In 2025 the refiner achieved a record...
Financial crime risk assessments are positioned as the cornerstone of a bank’s AML and CTF framework, providing both diagnostic insight and a roadmap for control enhancements. Regulators treat them as the structural foundation of compliance, while board members rely on...
Government gilt yields spiked on Monday as oil prices surged nearly 30%, reigniting fears of higher inflation and prolonged interest‑rate hikes. The 10‑year gilt rose 14 basis points, while the two‑year jumped over 23 basis points, reflecting market expectations that...
The European Commission has reached a provisional agreement on the Payment Services Directive 3 (PSD3) and the accompanying Payment Services Regulation (PSR), setting a roadmap toward full implementation by 2026. The new rules broaden the definition of payment service providers, tighten...
Navi Technologies posted an Rs 126 crore loss for FY25, a marked improvement from the Rs 358.5 crore loss a year earlier, despite an 18% jump in revenue to Rs 2,565 crore. Interest income, which makes up 85% of total revenue, rose 21% while other income...
A new NBER study of over 4,000 bank runs from 1863‑1934 finds that insolvency, not liquidity, is the primary driver of bank failures. Solvent institutions rarely collapsed even when faced with massive withdrawals, while loss‑making banks turned runs into terminal...
Novobanco has entered a multi‑year partnership with Feedzai to overhaul its anti‑money‑laundering (AML) and fraud defenses using Feedzai’s AI‑native platform. The initiative consolidates fragmented compliance tools into a single, intelligence‑driven system that merges KYC, AML and fraud functions. Advanced watchlist...
Cheniere Energy, Fair Isaac (FICO) and Zillow Group announced sizable share repurchase programs, collectively representing a significant portion of each company's market value. Cheniere boosted its capacity to $10.2 billion, roughly 20% of its $52 billion market cap, while FICO authorized a...
Clio has introduced Clio Capital, a financing program that offers law firms using its practice‑management software pre‑qualified working capital. Launched on Feb. 26, the service embeds a fast, low‑friction application directly within the Clio platform, bypassing traditional loan paperwork. Eligible firms...
HM Treasury released a policy paper on 9 March 2026 announcing the Market Engagement Group (MEG), a senior‑level forum for financial market participants to advise the Chancellor on UK gilt, sterling and broader market issues. The Treasury invites applications until 5 April 2026, outlining...
Société BIC disclosed a February 2026 share repurchase program, buying back 31,570 of its own shares at an average price of €53.5908 per share. The total outlay amounted to €1.691 million. The transactions were executed on February 25‑27, 2026, and are...
Societe BIC disclosed its capital structure as of February 28, 2026, reporting 40,861,314 issued shares. The total voting rights amount to 57,593,899, with 57,386,137 rights when excluding non‑voting shares. The filing complies with French Code de Commerce and AMF regulations...
Finance and AP teams still rely on Excel for vendor statement reconciliation, but growing transaction volumes expose its manual, error‑prone nature. AI‑driven platforms now automate data extraction, transaction matching, and discrepancy detection, handling inconsistent formats and large data sets in...
Ringkjøbing Landbobank reported its week‑10 share buyback results, repurchasing 127,500 shares at an average price of DKK 1,642, amounting to DKK 209.4 million. The cumulative buyback now totals 1,235,647 shares, representing 4.87% of the bank’s share capital. The programme, approved on 30 January 2026, allows...
Nscale, a UK AI factory builder, secured $2 bn in C‑Series funding, valuing the company at $14.6 bn. The round lifts total capital raised to just over $4.9 bn within a year, led by Aker ASA and 8090 Industries with Dell, Lenovo, Nokia...
The post curates a set of recent analyses spanning corporate finance, accounting, AI labor impact, sustainability, and macro‑economic outlook. Highlights include a deep dive into Sabre’s post‑Constellation Software strategy and a bill‑and‑hold revenue‑recognition case study. Anthropic’s report flags imminent AI‑driven...
StrideOne, an Indian NBFC that serves MSMEs and SMEs, secured ₹100 cr (≈$11 mn) in a blend of equity and debt from undisclosed investors. The capital will fund expansion of its enterprise‑anchor programmes, broaden its partner‑lender network, and upgrade technology and risk...
A new SBI Research report suggests that revaluing the United States’ gold reserves at current market prices could eliminate roughly 70% of the federal budget deficit. The reserves are still recorded at 1973 valuation levels, creating a massive accounting gap....
Morningstar DBRS released its March 2026 Consider Credit—Fundamental Ratings Monthly Briefing, presenting a Credit Rating Actions Dashboard that spans sovereign, public‑finance, banking and corporate sectors. Most ratings were confirmations, with a handful of trend upgrades, a single bank downgrade, and upgrades for...
Morningstar DBRS released episode 40 of its Securitisation Insights podcast, featuring Mudasar Chaudhry, Andre Soutinho and Nicola De Caro discussing synthetic Significant Risk Transfer (SRT) transactions in Europe. The hosts explained how synthetic SRTs let banks shift credit risk to...
Artificial intelligence is moving from simple automation to core financial workflows, forcing CFOs to assume direct responsibility for AI outcomes. The article argues that AI‑driven forecasts, reconciliations and working‑capital decisions must meet the same audit‑ready standards as traditional accounting. To...
Yes Madam, the Noida‑based at‑home salon platform, doubled its operating revenue to Rs 92.5 crore in FY25, up from Rs 45.8 crore a year earlier. Product sales now account for 54% of revenue, reaching Rs 50 crore, while services generated Rs 42.5 crore. Despite a 100% rise in...
Denmark is proposing a wealth tax on illiquid shares, forcing owners of private‑company stock to pay annually on paper valuations. The measure would compel startup founders to liquidate or borrow against equity, diverting capital from growth to tax compliance. Norway’s...
RM11B Sunway-IJM Takeover: The Great GLC Standoff The Employees Provident Fund (EPF) and major institutional shareholders are officially in a holding pattern, freezing an RM11 billion power shift as the Independent Advice Circular faces strategic delays. This regulatory bottleneck creates a...
Digital Nasional Berhad (DNB), Malaysia's 5G wholesale operator, is set to become a fully private company after CelcomDigi and Maxis each exercised a put option to buy the 41.67% stake held by Minister of Finance Incorporated (MOF Inc). The transaction,...
Cash basis accounting records income and expenses only when cash is received or paid, making it simple and low‑cost for sole proprietors and very small businesses. As companies grow, offer credit terms, or hold inventory, the accrual method—recognizing revenue when...
BlackRock recently imposed redemption limits on its corporate lending fund after investor withdrawal requests exceeded the fund's preset thresholds. The move underscores the inherent liquidity challenges of semi‑liquid private credit structures, where assets can take weeks or months to liquidate....
Bharti Airtel's data‑centre subsidiary Nxtra Data is raising $1 billion to expand capacity to a gigawatt scale. The round includes $300 million each from Airtel and private‑equity firm Carlyle, and a $400 million commitment from Sheikh Tahnoon bin Zayed’s Alpha Wave Global. Funds will...
Honest confession — I tried Profit First when I first started my business because everyone swore by it. Five accounts, constantly moving money around, paying bank fees I didn't need to be paying. It genuinely stressed me out more than it...
Heritage Commerce Corp reported a strong deposit surge of $160.7 million in Q4 2025, with 95% of the growth coming from non‑maturity accounts, while loan balances slipped $37 million due to higher payoffs. Net interest margin rose to 3.44% as funding costs...
Eltek Ltd reported a 20% year‑over‑year revenue increase to $12.5 million in Q2 2025, driven by strong defense demand and a higher‑margin flex‑rigid product mix. Gross profit doubled and gross margin rose to 24.1% from 15.6% a year earlier, while operating profit...
Sequans Communications reported Q4 2025 revenue of $7 million, a 72.6% sequential increase driven primarily by product shipments. Gross margin was 37.7% (about 43% excluding inventory provisions) and operating expenses fell to $11.5 million. The company ended the quarter with $68 million in...
Heritage Insurance Holdings (HRTG) posted Q4 2025 revenue of $357 million, a 19% year‑over‑year increase, driven by strong written‑premium growth and an 80% surge in Marketplace revenue. Adjusted EBITDA rose 97% to $57 million and net income jumped 238% to $29 million, helped...
The MSDW podcast highlights new data from Yooz showing rising confidence in AI among finance teams, though adoption still varies across industries. As familiarity with AI tools grows, organizations are moving toward concrete use cases for core financial processes. Michael...
Ideal Power Inc. reported a Q4 2025 earnings call highlighting a multiyear strategic cooperation with Lazen, a letter of intent with an Asian power‑module maker, and progress on a Stellantis purchase order for EV‑related B‑TRAN devices. The company raised $12.6 million...
Biodesix reported fiscal 2025 revenue of $88.5 million, a 4,124 % year‑over‑year increase driven largely by its lung‑diagnostics business. Gross margins rose to 83 % in Q4 and the company posted its first positive adjusted EBITDA of $530 k. A strengthened balance sheet now...
Microsoft Dynamics 365 Finance and Supply Chain Management blogs highlighted several updates. Settlement transactions in AP/AR now appear automatically during currency revaluations, financial‑dimension mismatches, or vendor/customer group changes, clarifying why users see unexpected entries. The open‑source External Integration Framework was...
Global Business Travel Group (GBTG) posted a strong Q4 2025, reporting $10 billion total transaction value—a 45% jump—and $792 million revenue, up 34% year‑over‑year. Adjusted EBITDA rose 17% to $130 million, while free cash flow reached $104 million for the full year. AI‑driven digital...
Franklin Street Properties Corp announced Michael Comparato as CEO and Brian Buffone as President, signaling a leadership overhaul as the firm pivots toward a diversified commercial‑real‑estate platform. The board reduced the quarterly dividend to $0.20 per share to preserve book...
Constellium Inc. reported a strong fourth‑quarter 2025, delivering $2.2 billion in revenue, a 28% year‑over‑year increase, and an adjusted EBITDA (excluding metal‑price lag) of $213 million, the highest ever for the quarter. Net income swung to $113 million from a $47 million loss, driven...
Kforce reported Q4 2025 revenue of $332 million, a 3% sequential increase per billing day, and annual 2025 revenue of $1.33 billion, down about 5% year‑over‑year. Adjusted EPS fell 22% to $2.09, while GAAP EPS was $1.96, impacted by a $0.13 charge...
DBS is urging Singapore‑based SMEs to hedge at least half of their foreign‑exchange exposure amid heightened volatility from the Middle‑East conflict. The bank’s SecureFX facility, which lets companies lock in rates up to US$1 million without credit lines, is already used...
Our new Prophit Engine service is now live. In this episode I cover: Who’s it for Why you should care And how to get started. https://t.co/iSLVAmatFe My challenge to every founder, CFO or CMO is to listen and ask yourself if 1)...
A new video slated for 2 pm New York time argues that the Efficient Markets Hypothesis (EMH) is fundamentally flawed. It promotes the Inefficient Markets Hypothesis (IMH) pioneered by the late contrarian finance professor Bob Haugen. Haugen’s three books—*The New Finance*, *The...
