The US fintech startup ecosystem received $2.7 billion in total funding in the third quarter of 2023, a 74% decline compared with $10.2 billion raised in the second quarter..
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Year: 2023
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Tracxn Deals of the Week: AI, Cybersecurity, and Big Data (September 22-28, 2023)
AlphaSense, arbinger Health, Shield AI, and Nord Security all landed new rounds of $100 million or more.
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Globant Plans to Invest $1 Billion and Hire 20,000 People over Five Years in Latin America
"We were born in Latin America, and believe that it is one of the strongest regions when it comes to innovation, talent, and creativity," said Globant co-founder Martín Migoya.
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Interview: In Slowdown Year, BPO Is Outperforming IT Services Business for Many Providers
There is never a dull moment in the world of business process outsourcing (BPO) and business process services (BPS). Everest Group, a research firm based in Dallas, has long been an invaluable resource for those looking to keep track of all the comings and goings in the industry. This summer, the Dallas-based research group released...
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Interview: How Sourcestack Is Helping Organizations by Offering Company Data as a Service
Alec Barrett-Wilsdon: "A lot of businesses need a pretty substantial amount of data to operate, and there are things you can't generate easily internally. So that's where we try to be helpful."
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With New Bogotá Facility, NY-Based Horatio Expands BPO Activities Into South America
The move comes less than a year after opening a 92,000 sf facility in the Dominican Republic.
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Hitendra Patel Urges BPO Providers to View Disruption as an Opportunity — Not a Threat
"Innovation is hard — it’s not easy — but the results of innovation are tremendous," says Hitendra Patel of the IXL Center.
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Tracxn Deals of the Week: AI and Cybersecurity (August 4-10, 2023)
Weights & Biases, Credgenics, and One Model each raised a round north of $40 million.
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Interview: Tushar Sharan Discusses Hinduja Global Solutions Strategic Expansion in Colombia
"The kind of commitment — the kind of energy and motivation — that we see in our current set of employees is very enriching," said Tushar Sharan of HGS.
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TaskUs Announces Plans to Launch New Office in Medellín, Colombia
The US company, which employs more than 47,000 people across 13 countries and already has one office operating in Colombia, expects to open its Medellín location in September.