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发表于 2025-5-4 03:27
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The would-be chief operating officer of healthcare workflow management startup OrbCare pointed to financial mishandling and lack of oversight behind the company financial troubles, which have led the firm to seek a buyer while it wavers at the point of bankruptcy, BetaKit reported Sunday stanley ca Sept. 15 .Canada-based OrbCare, which provides cloud-based workflow management solutions for healthcare service providers, along with its subsidiaries Pariscribe and OrbCare U.S., reported owe a combined $1.5 million to creditors, including termination pay for former workers and debt owed to the Canada Revenue Agency, reports said, citing documents filed with the Ontario Superior Court of Justice.Revelations of its financial troubles follow six months after OrbCare announced $2 million in seed funding.The investment was led by iGan Partners, which subsequently provided a $1.2 million loan to the company, and whose partner Olivier Giner planned to leave the venture capital firm to join OrbCare as its chief operating officer. That plan was put on hold in early May.According to Giner, once he obtained access to the company financial records, it became clear that something was amiss. I learned gradually that OrbCare financial reporting was quite o stanley cup romania ut of date and that no recent monthly or annual statements were available, Giner said in an affidavit pro stanley cup vided to the court. OrbCare did not maintain adequate customer records and did not diligently keep track of customer invoi Fort Cross-Border Demands Banks Get Ready for Clearing 2.0
Expensify, an expense reporting software company, has gotten its hands into the FinTech funding space.The company stanley quencher announced yesterday July 27 that it was launching Expensify Ventures 鈥?an investment fund for early-stage financial tech startups. And joining them for the launch is Piper, an alternative receipting solution that does away with paper receipts. Everyday, we meet with entrepreneurs and companies that have awesome ideas when it comes to solving some of the corporate worlds biggest pain points, and making life easier for both employees and employers, said David Barrett, founder and CEO of Expensify. We raised a $17.5M round led by OpenView Venture Partners to enable us to think bigger and act bolder in dominating our marketspace, and ventures is the first of those initiatives. From receipt capture to expense management and even booking travel, there are a ton of companies out there trying to make these processes easier, and Expensify wants to be involved. The聽Expensify Ventures fund is in its early stages and the company should be announcing more investment in stanley cup the near future, but for now Expensify it trying to recruit FinTech companies to apply to become a partner of the fund.The Piper platform works with stores to help merchants and consumers have better access to receipts as they are stored digitally in order to c stanley termosy ut down on the extra paper, time and expense it takes to track them all down.聽Pipers deal with Expensify will 8220 treamline their current customer |
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