Browsing: profitability,

Global payroll and HR platform Deel has announced the appointment of Todd Ford to its Board of Directors. This move comes as Deel marks two years of profitability within its first five years of operation. Todd Ford brings a wealth of experience to Deel’s board, having held prominent roles in tech and finance. His extensive career includes taking multiple companies public and serving as joint President and CFO at Coupa Software for eight years. More recently, he has led financial operations and investor relations at several enterprise companies and venture capital firms, such as MobileIron, Rackable, and Broken Arrow Capital.…

Zilch, the world’s first ad-subsidised payments network (ASPN), has announced a major milestone in its rapid rise within the fintech industry, achieving profitability within just four years of its launch. The company also revealed that it has surpassed an annual revenue run rate of $130 million (£100 million), marking a significant achievement that places it alongside some of Europe’s most successful fintech firms. The news comes as Zilch continues to outpace the average growth rates seen in the tech industry, particularly in the UK and US, where it typically takes companies 8-10 years to reach similar revenue levels. By contrast,…