Fintech

In today's fast-paced business world, accurate information is key. Yet, many CFO organizations struggle with data visibility, hindering effective financial strategies.  That's where Panax steps in with its innovative liquidity management platform. We're excited to lead Panax’s $15 million funding round, and believe in their ability to become a market leader, helping finance teams adapt to the digital age. Here's why we're backing Panax:

Recent years have ushered in an unprecedented wave of unicorns, startups that have defied all expectations to reach a billion-dollar valuation. In the context of the 2021 tech bubble - and the subsequent market correction - claims to the title for some companies in this camp were either premature or unwarranted. The hard truth is that achieving unicorn status signifies more than just financial success; it reflects a company’s capacity to disrupt the status quo with innovative solutions and exceptional business agility and resilience. 

Issues across the global supply chain have been a major concern for many of us in recent years. The process of transporting goods from one location to another has become increasingly complicated, with longer delivery times, higher shipping costs, and significant delays putting extra stress on a fragmented logistics space. In addition, freight is one...