May 18, 2024
Investors

SaaS valuations are at rock-bottom; why are investors wary then?

Four years after the covid pandemic fuelled a technology services boom, valuations of software as service (SaaS) firms have plunged to near-historic lows. Still, high interest rates and fears of slower growth are holding back fresh investments, multiple investors said. Four years after the covid pandemic fuelled a technology services boom, valuations of software as

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Mortgage

Phoebus upgrades SaaS mortgage servicing technology

UK-based fintech Phoebus has launched a cloud-native SaaS mortgage servicing platform, following investments in new technology.   The investment brings new capabilities to Phoebus’ technology, taking mortgage servicing to the next level. The company has transformed how the system can service all types of lending as well as savings and deposit-taking. Enhanced security, integration, and

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