Tag: transactions

How Hot Is Ad Tech? According To LUMA, It’s Raining Billion-Dollar Transactions

Seven ad tech companies made transactions valued at over $1 billion in the first quarter of 2021 – double the amount that’s happened in the past few years combined.

“We’ve got a perfect storm here of different forces lining up, which created such a strong quarter,” said Conor McKenna, LUMA Partners director. The ad tech investment banking firm LUMA tallied up recent deals in its Q1 2021 Market Report last week.

Multiple paths to get to $1 billion exist: IPOs, SPACs and acquisitions – often by public companies flush with cash from spiking valuations.

In Q1, those billion-dollar transactions included

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Digital transactions boom in Pakistan


KARACHI:

Once made necessary by Covid-19, online transactions are now becoming a norm for the Pakistanis as the country witnessed a strong growth in such transactions during the second quarter of current fiscal year 2020-21.

The State Bank of Pakistan (SBP) released its report titled “Quarterly Payment System Review” for the second quarter (Oct-Dec) of fiscal year 2020-21, which showed a strong growth in digital financial transactions in the country.

“It is a moment of pride for us as a nation to see such a remarkable growth in this sector,” said SI Global CEO Noman Ahmed while talking to The

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