FundTech – What analysts said before the acquisition of Accountis

OK, as the title suggests, I thought of capturing the analyst sentiment of FundTech before the acquisition of Accountis. So without further ado, here is a snapshot of analysis from three firms in Jan 2008: D A Davidson & Co BUY. Price on 9th Jan $10.60. Price Targets: 12 to 18 months $18, 5 year […]

The role played by this blog in FundTech’s acquisition of Accountis

Whilst I cannot take any credit for the deal between FundTech and Accountis, I feel exhilarated at the service this blog provided in above acquisition. Here are some clues: OB10 #8 – Ready to be acquired! James Governor # 1 – Learning from a Pro I actually thought there was a blog post giving more […]

Breaking News: FundTech Acquires Accountis

Acquisition further expands Fundtech’s product suite in the corporate banking financial supply chain JERSEY CITY, N.J., Feb 07, 2008 (BUSINESS WIRE) — Fundtech Ltd. (NASDAQ: FNDT), a market leader in global corporate banking solutions, today announced the acquisition of Accountis Ltd. of Bangor, Wales, a leading supplier of electronic invoice presentment and payment (EIPP) systems. […]

EIPP and Card vs. ACH

This Guest Post is from Will Donovan of Paystream Advisors of USA There’s been some recent discussion at PayStream surrounding EIPP on the receivables side and payment channel issues. The question: Does/will EIPP drive ACH adoption, thus intruding upon middle-tier B2B electronic payments, an arena that credit-card companies have dominated. ACH payments is a problematic […]

Tim re-unites with his baby (Tradex) and enters the world of blogging

Last week, I learned that Tim Cole, R&D Director of Causeway Technologies and Founder of Tradex has been given the task of growing Tradex into a mainstream e-invoicing hub. During the last year, the responsibility for Tradex changed many hands internally, causing immense confusion. Tim never gave up his involvement, but at the time, his […]

TBiConnect joins a foray of e-invoicing startups to be funded by Venture Capitalists

Latest to join the e-invoicing startups to be funded by Venture Capitalists is TBiConnect run by Simon Fox. Both OB10 and Burns e-Commerce top the VC funding tables for attracting the most cash to date. Among other funded companies include Accountis from North Wales, but they still require a significant funding round to enable an […]