Expansion

The action of becoming larger or more extensive. Expansion is the phase of the business cycle where real GDP grows for two or more consecutive quarters, moving from a trough to a peak.

Source: investopedia.com

Inter Focuses on Brazilian Migrants to Drive US Growth
Inter Focuses on Brazilian Migrants to Drive US Growth
June 05, 2024  |  Business

Brazilian online lender Inter&Co is expanding its efforts in the United States, with a focus on replicating its success in Brazil’s online banking sector. With a...

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How Fortune 500 CFOs Are Turning Cross-Border Compliance Into a Growth Engine
How Fortune 500 CFOs Are Turning Cross-Border Compliance Into a Growth Engine
April 29, 2024  |  Business

Nothing dulls the enterprise risk appetite like uncertainty. And for today’s businesses, the focus remains on navigating the threats of recession, cybersecurity risks and pressure...

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Norwegian Online Grocery Store Oda Raises $150M for Expansion
Norwegian Online Grocery Store Oda Raises $150M for Expansion
December 06, 2022  |  eCommerce

Norwegian online grocery store Oda has raised 1.5 billion Norwegian krone (about $150 million).  The firm said the capital came from both new and existing investors and...

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FinTech Revolut Eyes Japanese Expansion
FinTech Revolut Eyes Japanese Expansion
November 29, 2022  |  Digital-First Banking

British FinTech startup Revolut is looking at Asia to continue its rapid growth.  Revolut has 25 million customers — primarily in Europe — and aims to...

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Globant Buys eWave to Grow Digital Commerce Capabilities in APAC
Globant Buys eWave to Grow Digital Commerce Capabilities in APAC
November 17, 2022  |  Acquisitions

Digital transformation firm Globant has acquired digital commerce specialist eWave to reinforce Globant’s capabilities and support its expansion into Australia and several Asian countries.  The acquisition will add eWave’s...

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OCC to Open Office of Financial Technology
OCC to Open Office of Financial Technology
October 27, 2022  |  Regulation

Noting the rapidly changing banking landscape, the Office of the Comptroller of the Currency (OCC) has announced it will establish an Office of Financial Technology...

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Google Pays $100M for AI Avatar Startup Alter
Google Pays $100M for AI Avatar Startup Alter
October 27, 2022  |  Acquisitions

Google has reportedly acquired artificial intelligence (AI) avatar startup Alter — which was formerly known as Facemoji — for $100 million. The purchase took place...

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Western Union Applies for Crypto-Related US Trademarks
Western Union Applies for Crypto-Related US Trademarks
October 25, 2022  |  Cryptocurrency

Western Union reportedly may be considering adding cryptocurrency-related products and services. The firm has filed several trademark applications that are related to crypto, U.Today reported...

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Walmart-backed Flipkart Looks to Raise Up to $3B on $40B+ Valuation
Walmart-backed Flipkart Looks to Raise Up to $3B on $40B+ Valuation
October 25, 2022  |  Walmart

In an attempt to expand its eCommerce reach in India, Walmart is considering raising up to $3 billion for its eCommerce brand Flipkart, currently at...

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