As a Scaling Partner, we work with leading tech companies that have recently achieved impressive growth and innovation, and we’re proud to be part of their journey. Our Summer 2024 edition of "Industry Insight from Our Partners" brings you the latest updates and breakthroughs shaping the tech and finance industries. These stories highlight ongoing innovation and progress, from record-breaking financial achievements to groundbreaking tools and strategic partnerships. Let’s explore how our partners thrive in this fast-paced, evolving landscape.
Plus500 Sets the Bar with Unmatched Revenue Per Client
Plus500 has outperformed its competitors by generating an impressive $3,115 in revenue per client in 2023, nearly double that of Interactive Brokers and vastly surpassing Saxo’s $570 per client. In 2024, the company achieved a remarkable $726.2 million in revenue, driven by the addition of over 233,000 new customers. Despite facing numerous challenges, Plus500’s strategic investments in technology and product development have significantly enhanced customer engagement, solidifying its leadership in the market.
Source: financemagnates.com
Tipalti and CohnReznick Join Forces to Transform Financial Operations
Tipalti and CohnReznick have forged a powerful alliance to streamline global payment processes for businesses. By integrating Tipalti's automation technology, CohnReznick aims to enhance the efficiency of accounts payable and mass payments, significantly reducing costs and mitigating fraud risks. As this alliance develops, it is likely to set new standards for financial operations across industries.
Source: cpapracticeadvisor.com
Cyvers and Arthera Chain Partner to Redefine Web3 Security
As the Web3 space continues to evolve, security remains a top priority for companies operating within this domain. In a bid to enhance the security and predictability of blockchain interactions, Cyvers has partnered with Arthera Chain to introduce a new era of Web3 security. Arthera's subscription model removes the unpredictability of gas fees, while Cyvers leads with proactive security measures. Together, they are setting new standards in the Web3 space, ensuring more secure and stable blockchain experiences.
Source: linkedin.com
Payouts.com Advances to Semi-Finals in Ernst & Young's Startup Competition
Payouts.com has advanced to the semi-finals of The Pitch, Ernst & Young's premier startup competition. Out of 240 participating companies, they have been selected as one of the final few nominees. Special congratulations go to CEO Leor Ceder and the entire team for their hard work and dedication in reaching this milestone. The company is now eagerly awaiting the next round, with high hopes for positive news ahead. The recognition from such a prestigious competition boosts the company’s profile and positions it as a key player to watch in the startup ecosystem.
Source: linkedin.com
Pepperi Joins Forces with Advantive to Boost Customer Success
Pepperi has been acquired by Advantive, a leading provider of mission-critical software for specialty manufacturing and distribution companies. This partnership will enable Pepperi to offer its customers enhanced capabilities, driving transformational outcomes, increasing efficiencies, and boosting revenue. The collaboration marks an exciting new chapter for Pepperi as they work together with Advantive to deliver even greater value to their clients.
Source: linkedin.com
