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How A Profitable Fintech Unicorn In Southeast Asia Plans To Accelerate Growth

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Coming off 2021’s global funding highs, Singapore’s Coda Payments raised $690 million earlier this year from big league backers including the city-state’s sovereign wealth fund GIC and America’s Insight Partners and Smash Capital. That investment—its highest ever, which tipped the value of the payments platform for online game purchases at $2.5 billion—rewarded an elusive benchmark among Southeast Asia’s unicorns: profitability. The VC funding environment has since turned bleak amid rising inflation and interest rates and the heightened risk of a global recession. But that doesn’t worry Neil Davidson, co-founder and executive chairman of Coda Payments. The funding raise, a secondary share sale, gave some returns to early investors including the firm’s founders, but it wasn’t necessary to tap fresh capital, he says in a video call from his office in Los Angeles. The company already had sufficient cash flow, which jumped fourfold to $68 million in the year ended September 2021, accordin...

How Construction Can Bolster Its Cybersecurity

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Fashioning a strong cybersecurity effort isn’t easy. It requires an incredibly disciplined and complex security posture where responsibility and accountability are shared not just up and down an organization’s hierarchy but across to the technology providers a company decides to work with. At Bluebeam, we advocate for a shared responsibility model when it comes to construction cybersecurity. This means that several stakeholders must be involved to make cyber defenses as protective and effective as possible. Together, their collective protection measures offer the most secure defenses against the evolving threat of cybercriminals.   Originally published by:   https://blog.bluebeam.com/how-construction-can-bolster-cybersecurity/?utm_source=facebook&utm_medium=social&utm_term=november&utm_content=imglink&utm_campaign=221116-na-ad-blog-article-promotions&fbclid=IwAR1X94ZWAdFtsodr0ByhzD95qBlddckJQ4ntSYraTqd2sLZKufBkLRg85Uc Bluebeam Price The newes...