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MIAMI--(BUSINESS WIRE)--Dec 16, 2024-- KEO World (KEO), a fintech leader in B2B digital payments and inventory financing, today announced that it has taken a significant step in its expansion. Through a partnership agreement with BTG Pactual Bank S.A., the largest investment bank in Latin America, KEO World will expand its operations in the Brazilian market. As part of the partnership, KEO's Workeo solution , in collaboration with the Amex Business Link PlatformTM, can help thousands of medium and large businesses in Brazil digitize their B2B invoice payments, which can result significant cost efficiencies and increased purchasing power. Founded in 2020, KEO has experienced rapid growth. KEO's Workeo solution, powered by KEO's flagship credit processing, provides businesses with a working capital line of credit through a digital wallet within a multi-product payment and billing rails, available via Amex Business LinkTM. Additionally, KEO offers its own proprietary blockchain payment rails, known as KEO Rails TM, to help make payments even easier. "We are delighted to have agreed to this partnership agreement with one of the largest financial institutions in South America, which will allow us to increase the reach of our B2B digital payments program and provide financing to many more companies in Brazil," said Paolo Fidanza , Founder and CEO of KEO. "In a market where less than 10% of total traditional credit is extended to SMEs, our Workeo product enables business buyers to access core inventory on credit and suppliers to increase their recurring sales, enhancing working capital management through a fully digital, frictionless, and low-cost financing and cash management platform thanks to our innovative payment rails, credit processing, and the American Express network." "Expanding the value proposition of the Amex Business LinkTM platform is one of our priorities so that buyers and suppliers can make real-time decisions that optimize their working capital and improve their operational-administrative and reconciliation processes. Thanks to this expansion, companies in Brazil will be able to access an innovative and 100% digital ecosystem that offers digital payment and billing tools for local and international transactions," said René Centeno, American Express, Supply Chain Solutions Global Head. About KEO World Founded in 2020, KEO World is a leading innovator of technology-based financial solutions with a mission to provide businesses with digital, seamless and secure ways to finance their supplies and increase efficiency in their cash flow. KEO is headquartered in Miami, Florida, with operations in the US, Canada, Mexico, and throughout Latin America. The company was the first non-bank financial institution to receive an American Express issuing license. To learn more, visit www.KEOworld.com . About American Express American Express is a globally integrated payments company, providing customers access to products, insights and experiences that enrich lives and build business success. Learn more at americanexpress.com and connect with us at facebook.com/americanexpress , instagram.com/americanexpress , linkedin.com/company/american-express , twitter.com/americanexpress and youtube.com/americanexpress . American Express ® is a brand of American Express. Workeo is issued by KEO World S.A. de C.V., SOFOM, E.N.R. under license from American Express. KEO presents Workeo, a credit solution through the Amex Business LinkTM platform. View source version on businesswire.com : https://www.businesswire.com/news/home/20241216985773/en/ CONTACT: KEO World Media Contact Carlos Mejia Public Realtions carlos@elfashonguru.tv KEYWORD: FLORIDA LATIN AMERICA NORTH AMERICA UNITED STATES BRAZIL SOUTH AMERICA INDUSTRY KEYWORD: TECHNOLOGY PAYMENTS FINANCE FINTECH BANKING OTHER TECHNOLOGY PROFESSIONAL SERVICES SOFTWARE SMALL BUSINESS DATA MANAGEMENT SOURCE: KEO World Copyright Business Wire 2024. PUB: 12/16/2024 05:52 PM/DISC: 12/16/2024 05:50 PM http://www.businesswire.com/news/home/20241216985773/enMinor hockey players get to meet 3 Winnipeg Jets pros at mega tournamentTrump’s Silicon Valley advisers have AI ‘censorship’ in their crosshairs
Artificial intelligence (AI) remains one of the most transformative forces in the modern economy. And investing in AI stocks is still a compelling strategy for those with a long-term outlook. As businesses increasingly adopt AI to optimize operations, improve decision-making, and create innovative solutions, AI stocks at the forefront of this technology are positioned to benefit from sustained growth. Among these, ( ) has emerged as a standout contender. Offering robust fundamentals and exciting growth potential for 2025 and beyond. Let’s get into why. Why AI stocks The case for AI stocks as a long-term play lies in their ability to address real-world challenges with cutting-edge solutions. AI is not just about automation. It’s about using data in ways that were previously impossible, driving efficiency and creating new business opportunities. AI stocks that have successfully integrated AI into operations are experiencing notable improvements in efficiency, cost management, and customer satisfaction. This trend suggests that AI stocks are not just a fad. They are foundational to the future economy. Why Kinaxis stock? Kinaxis stock exemplifies the type of company poised to capitalize on this shift. Known for its AI-driven supply chain management solutions, Kinaxis helps businesses manage increasingly complex global supply chains with speed and precision. By leveraging predictive analytics and machine learning, its RapidResponse platform enables clients to react quickly to disruptions, optimize inventory, and maintain operational continuity. This value proposition has only grown more critical in a world still grappling with supply chain challenges post-pandemic. The AI stock’s recent performance reflects its growing dominance in this space. In its third-quarter earnings report for 2024, Kinaxis posted a 16% increase in software-as-a-service (SaaS) revenue, thus signalling strong demand for its subscription-based solutions. Its annual recurring revenue (ARR) grew by 14%, underscoring the stickiness of its customer relationships. Meanwhile, its adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) margin rose to 25%, demonstrating the company’s ability to scale profitably. These figures not only highlight Kinaxis’s resilience but also its potential to drive shareholder value in the . Looking ahead Kinaxis stock has already seen impressive appreciation over the years, with its market capitalization growing steadily to over $5 billion. Despite this, analysts believe the company still has a significant runway for growth. Forecasts suggest that Kinaxis’s earnings could grow by nearly 43% annually. Driven by the expanding adoption of its AI-powered solutions across diverse sectors, including life sciences, industrial manufacturing, consumer goods, and automotive. The AI stock’s ability to attract clients from such varied industries reflects the universal appeal of its offerings. Beyond its strong performance metrics, Kinaxis’s financial provides further confidence to investors. The AI stock has a healthy cash position of $294.63 million and manageable debt levels of $50.32 million, translating to a debt-to-equity ratio of just 12.12%. This solid balance sheet gives Kinaxis the flexibility to invest in innovation, explore acquisitions, and expand its market presence — all without compromising its financial health. Looking ahead, Kinaxis stock is uniquely positioned to benefit from macroeconomic trends. Global supply chains are becoming more intricate. And the need for real-time, AI-powered solutions has never been greater. Whether it’s helping manufacturers predict disruptions or enabling retailers to manage inventory during demand surges, Kinaxis’s tools are becoming essential to its clients’ operations. As a result, the AI stock is likely to capture an even larger share of the $20 billion or higher supply chain management software market in the coming years. Bottom line AI stocks like Kinaxis are well-positioned to deliver long-term returns as the global economy continues to embrace digital transformation. With its strong financials, innovative solutions, and growing market share, Kinaxis stock offers a compelling investment case for 2025 and beyond. For investors seeking a mix of growth and resilience in their portfolios, Kinaxis could be a stock to watch. The AI stock’s focus on AI-driven supply chain optimization places it at the intersection of two of the most critical trends of the decade, making it a potential standout performer in the years to come.New York To Close 12 Migrant Shelters Ahead Of Trump Deportation Agenda
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