Capital One

Phreesia Announces Fourth Quarter Fiscal 2024 Results

Retrieved on: 
Thursday, March 14, 2024

Phreesia, Inc. (NYSE: PHR) (“Phreesia” or the "Company") announced financial results today for the fiscal fourth quarter and fiscal year ended January 31, 2024.

Key Points: 
  • Phreesia, Inc. (NYSE: PHR) (“Phreesia” or the "Company") announced financial results today for the fiscal fourth quarter and fiscal year ended January 31, 2024.
  • Fiscal Fourth Quarter Ended January 31, 2024 Highlights
    Total revenue was $95.0 million in the quarter, up 24% year-over-year.
  • Fiscal Year Ended January 31, 2024 Highlights
    Revenue was $356.3 million in fiscal year 2024, up 27% year-over-year.
  • We will hold a conference call on Thursday March 14, 2024, at 5:00 p.m. Eastern Time to review our fiscal fourth quarter and fiscal year 2024 financial results.

Riskified Launches “Auth Rate Enhance” as Part of Chargeback Guarantee to Improve Conversion Rates and Maximize Ecommerce Revenues for Merchants

Retrieved on: 
Tuesday, March 12, 2024

According to Riskified data, approximately 15% of ecommerce orders fail due to card issuers declining to authorize payment.

Key Points: 
  • According to Riskified data, approximately 15% of ecommerce orders fail due to card issuers declining to authorize payment.
  • The impact is massive: false declines were expected to generate a $157B loss ( Nuvei ) for US merchants alone in 2023.
  • Overly low authorization rates can choke conversion rates, in turn stunting ecommerce growth.
  • This empowers merchants to optimize conversions, reduce insult rate, and offload chargeback risk to Riskified based on the needs of their specific business segments.

Chevron, Exxon Mobil, Super Micro Computer and Tesla Among Top Five Shorted Securities in February, Finds Hazeltree Shortside Crowdedness Report

Retrieved on: 
Tuesday, March 12, 2024

The report is a monthly listing of the top 10 shorted securities in the Americas, EMEA, and APAC regions in the large-, mid-, and small-cap ranges.

Key Points: 
  • The report is a monthly listing of the top 10 shorted securities in the Americas, EMEA, and APAC regions in the large-, mid-, and small-cap ranges.
  • The data is aggregated and anonymized from the contributing Hazeltree community, which includes approximately 700 asset manager funds.
  • Highlights from the February 2024 report include:
    In the large-cap category, Tesla was the most crowded security (99), followed by Chevron (94) and Exxon Mobil (92).
  • Multiple newcomers joined the ranks, including Super Micro Computer (87), Capital One (76), Comcast (76), and Wells Fargo (74).

Houlihan Lokey Expands Healthcare Capital Markets Capabilities With Experienced Hire

Retrieved on: 
Monday, March 11, 2024

Based in Chicago, Mr. Shepherd will co-lead the firm’s Healthcare Capital Markets efforts alongside Managing Director Neha Shah.

Key Points: 
  • Based in Chicago, Mr. Shepherd will co-lead the firm’s Healthcare Capital Markets efforts alongside Managing Director Neha Shah.
  • Mr. Shepherd joins following 24 years at Capital One’s Healthcare Banking and Lending unit (formerly GE Capital Healthcare Financial Services prior to its sale to Capital One in 2015), where he most recently served as a Managing Director covering Healthcare Sponsor Finance.
  • Prior to Capital One’s acquisition of GE Capital Healthcare Financial Services, he was a Managing Director there for 10 years, leading investments for GE’s healthcare direct investment practice.
  • “The demand for specialized healthcare capital markets expertise has never been greater, and adding Brent alongside Neha will enable our team to better service our healthcare clients’ expanding needs for capital and advice, as well as will further accelerate the Capital Markets team’s growth in the U.S.”
    “Houlihan Lokey has one of the most experienced and active private Capital Markets teams in financial services,” added Mr. Shepherd.

From FinTech Upstart to 2024 Growth Leader: SuperMoney Celebrated by FT.com

Retrieved on: 
Thursday, April 4, 2024

The ranking was created using a four-step process, whittling a list of more than 30,000 companies down to the 500 winners - SuperMoney ranked #126.

Key Points: 
  • The ranking was created using a four-step process, whittling a list of more than 30,000 companies down to the 500 winners - SuperMoney ranked #126.
  • The accolades adorning SuperMoney's mantle are a testament to its unwavering excellence:
    Consistent Growth: For the third year running, SuperMoney is celebrated on the Inc. 5000 Fastest-Growing List.
  • Technological Vanguard: Securing a place on the Deloitte Technology Fast 500 list for the second successive year, SuperMoney is heralded for pioneering fintech innovation.
  • SuperMoney continues to forge paths that connect individuals with financial tools that simplify, clarify, and enhance their fiscal journeys.

GOBankingRates Celebrates 20 Years as a Leader in the Digital Marketing Industry

Retrieved on: 
Wednesday, April 3, 2024

LOS ANGELES, April 3, 2024 /PRNewswire/ -- In an increasingly competitive digital marketing and media landscape, GOBankingRates continues to grow and thrive as the company celebrates its 20th anniversary.

Key Points: 
  • LOS ANGELES, April 3, 2024 /PRNewswire/ -- In an increasingly competitive digital marketing and media landscape, GOBankingRates continues to grow and thrive as the company celebrates its 20th anniversary.
  • Launched as ConsumerTrack, Inc., in March 2004, the GOBankingRates brand sits at the intersection of marketing, digital media, content and fintech.
  • Thanks to this broad reach, GOBankingRates has generated millions of new customers for our banking and financial brand advertisers.
  • "Developing an ethos around accountability, ownership and outcomes was the big leap that drove growth across all aspects of GOBankingRates."

Observe Announces $115 Million In Series B Financing

Retrieved on: 
Wednesday, March 27, 2024

SAN MATEO, Calif., March 27, 2024 /PRNewswire/ -- Observe, Inc. the SaaS observability company reinventing the way machine-generated data is stored, managed and analyzed, today announced the Company has closed a Series B funding round of $115 million led by Sutter Hill Ventures with participation from existing investors Capital One Ventures and Madrona and new investor Snowflake Ventures.

Key Points: 
  • The Series B funding, raised at a valuation 10x higher than the company's Series A round four years ago, promises to further accelerate Observe's growth.
  • Observe's headcount increased more than 50% and the company is scaling its sales organization as many tech companies pull back.
  • "Legacy monitoring and APM players, shackled by outdated architectures, are dead companies walking," said Jeremy Burton, CEO at Observe.
  • "We believe Observe is the future of Observability and we're incredibly excited to lead the Series B round," said Mike Speiser, Managing Director at Sutter Hill Ventures.

Capital One Financial Corporation to Webcast Conference Call on First Quarter 2024 Earnings

Retrieved on: 
Thursday, March 21, 2024

MCLEAN, Va., March 21, 2024 /PRNewswire/ -- On Thursday, April 25, 2024, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release its first quarter 2024 earnings results.

Key Points: 
  • MCLEAN, Va., March 21, 2024 /PRNewswire/ -- On Thursday, April 25, 2024, at approximately 4:05 p.m. Eastern Time, Capital One Financial Corporation (NYSE: COF) will release its first quarter 2024 earnings results.
  • Additionally, the company will host a conference call at 5:00 p.m. Eastern Time to review financial and operating performance for the quarter ending March 31, 2024.
  • The call will be webcast live and the earnings release will be available on the company's homepage at www.capitalone.com .
  • A replay of the webcast will be available 24 hours a day, beginning two hours after the conference call, until 5:00 p.m. Eastern Time on May 9, 2024, through the company's homepage.

ETA Honors Outstanding Achievements with 2024 Star Awards at TRANSACT

Retrieved on: 
Thursday, March 21, 2024

WASHINGTON, March 21, 2024 /PRNewswire/ -- The Electronic Transactions Association (ETA) is excited to announce the recipients of the 2024 Star Awards. The awards honor individuals and companies advancing the payments industry through innovative business practices and contributions to the association.

Key Points: 
  • WASHINGTON, March 21, 2024 /PRNewswire/ -- The Electronic Transactions Association (ETA) is excited to announce the recipients of the 2024 Star Awards.
  • "I am honored to celebrate the titans and leaders in the payments industry at TRANSACT," said Jodie Kelley, CEO of ETA.
  • The ETA Industry Affairs Awards and Recognition Committee—comprised of ETA member company executives—reviewed submissions for the 2024 Star Awards and selected recipients in the following categories:
    This award recognizes a volunteer who dedicated extraordinary time and effort to a committee's success.
  • Star Award winners will be honored during TRANSACT, the biggest show in payments, at the exclusive ETA Awards & Visa Celebration evening hosted at Allegiant Stadium on April 17.

IAB PUBLIC POLICY AND LEGAL SUMMIT 2024

Retrieved on: 
Tuesday, March 19, 2024

NEW YORK, March 19, 2024 /PRNewswire/ -- 

Key Points: 
  • Premier Event for Digital Media and Marketing Leaders Returns to Washington, D.C.
    Join leaders in advertising, media, technology, and government, at the 2024 IAB Public Policy & Legal Summit , where we'll explore the latest legal, legislative, and regulatory topics in digital media and marketing – from AI and data privacy to children's online safety, FTC consumer protection and competition enforcement.
  • Improve your company's privacy compliance and tech solutions in specialized breakout sessions, while networking with representatives from major brands, publishers, agencies, and ad tech firms.
  • Hear insights from influential speakers from The New York Times, Google, Capital One, Meta, Omnicom Media Group, DISH Network, Dotdash Meredith, and more.
  • These white papers provide valuable key elements of claims, strategies for successful defenses, and guidance on technical implementations.