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Soldo Data Reveals CFOs Caution Cashflow And Overspending Will Challenge Economic Recovery

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CFOs across the UK warn that cashflow and overspending are the main barriers to their organisation’s financial recovery. The research, commissioned by Soldo, a European pay and spend automation platform, found that 60% of CFOs are forecasting that their business will not recover to pre-pandemic levels until October 2022. 3% of CFOs that say their business has already recovered, while 2% forecast recovery is still over five years away.

Investment Spending Reduced in The Early Stages Of The Pandemic

60% of UK businesses cut their spending in response to the pandemic, with the average business reducing expenditure by 14% in the last financial year. Economists have modelled this data, suggesting that across the UK, business spending was reduced by £153 billion in 2020/2021.

Soldo’s research found that the average reduction in business spending in the last financial year (20/21) was as follows;

  • Small firms (up to 50 employees) – £417,553
  • Medium sized firms (51 – 500 employees) – £4,011,651
  • Corporates (501+ employees) – £17,251,279

Reductions in inventory and staffing costs (including contractors, reduction of permanent headcount and a freeze in the recruitment of new talent) were the main areas where business reduced their expenditure. Nevertheless, the majority of CFOs (60%) acknowledge that now is the time to re-start business spending to drive recovery as quickly as possible. Finance professionals acknowledge that there are numerous challenges associated with ramping up investment. The following were cited as the top 5 difficulties:

  • Cashflow issues (54%)
  • Managing overspending (51%)
  • Supplier relationships (44%)
  • Inability to forecast (37%)
  • Lack of insight around spending (26%)

Said Paraag Amin, CFO of dotdigital, said:

“The pandemic has focused businesses more than ever on continuing to grow through uncertain times, and digital transformation, including the shift to cloud, is one of the key enablers of this. Having access to real-time information, wherever you are, is of paramount importance. Add to this the scaling of processes, to drive cost efficiency, means that it is very important for CFOs/businesses to continue to reinvest, not just to survive the pandemic, but to thrive.”

Mariano Dima, President of Soldo, said:

“Business leaders are taking a deeper look at spending control and payment models, whether through the pandemic or the new norm. With spend management technology, the average UK business can save 2% of annual revenues and reinvest in market expansion.

“Many CFOs have doubled down on digital transformation and cash displacement. It is crucial to have the ability to forensically examine business spend, whether SaaS, retail or advertising.”

What do CFOs cite as the top challenges threatening recovery and growth?

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Managing overspending – CFOs told us that overspending is the number one challenge when it comes to making investments. 50% of CFOs recognise that a digital approach to managing spend can solve overspending. Soldo gives business leaders the ability to set tight budgets and gives real time updates, helping to prevent overspending.

Cashflow issues – Poor visibility of cashflow and working capital acts as a drag on investment. Our research found that 63% of finance teams want better oversight of their working capital. Soldo enables finance teams to track spending against budgets in real time.

Lack of insight around business spending – The inability to analyse investment spending in real-time is a challenge for a significant number of finance leaders. Over a quarter of the CFOs Soldo spoke to said that they wanted more accurate and timely insights around spending. Founders and finance teams want to see spending in real time and see where and how money is being spent.

Soldo’s research found that an incredible amount was wasted across Europe due to ineffective spending controls:

€347 billion across Europe
€62 billion in Germany
€42 billion in France
€43 billion in UK (£37 billion)
€30 billion in Italy

Cloud Benefits – Making the shift to cloud accounting enables CFOs to manage and monitor investment spending more efficiently. Soldo’s research showed that an average sized company could  save more than £2.3m annually. In short, tech-enabled businesses are much more confident in their ability to invest for future growth.

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Quantum Leap: What a 40% CAGR Means for the Future of Future-Proof Secure Computing

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Equity Insider News Commentary

Issued on behalf of Scope Technologies Corp.

VANCOUVER, BC, April 1, 2025 /PRNewswire/ — Equity Insider News Commentary – The quantum computing landscape continues to rapidly transform in 2025. Now, experts are starting to truly sound the alarm, with WIRED recently putting out a report called The Quantum Apocalypse Is Coming. Be Very Afraid, warning about what cybersecurity analysts are calling Q-Day—the day someone builds a quantum computer that can crack the most widely used forms of encryption in seconds. Prior to this year the National Institute of Standards of Technology (NIST) standardized a set of encryption algorithms, then later selecting another new algorithm for post-quantum encryption called HQC, which will serve as a backup to the current ML-KEM algorithm for general encryption. Across the pond in the UK, the National Cyber Security Centre published its own migration to post-quantum cryptography. Since post-quantum security will be absolutely essential very soon, the market is now looking towards the security of tomorrow, being developed today by groups like Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), Cloudflare, Inc. (NYSE: NET), Cisco Systems, Inc. (NASDAQ: CSCO), NVIDIA Corporation (NASDAQ: NVDA), and F5, Inc. (NASDAQ: FFIV).

The article continued: While Market.us expects the Quantum Computing Software market to explode at a 40% CAGR through 2034 to reach US$31.8 billion, Research and Markets forecasts the Post-Quantum Cryptography market to grow at an even larger 41.47% CAGR, to hit US$17.69 billion in the same time period.

Scope Technologies Corp. (CSE: SCPE) (OTCQB: SCPCF), a rising name in the post-quantum cybersecurity race, today announced significant infrastructure upgrades to the QSE platform, focused on enhancing system Redundancy, expanding Capacity, and optimizing Performance. These upgrades come in response to increased demand from both enterprise tenants and retail users, as well as in preparation for the launch of the QSE Mobile App announced earlier this month.

Scope has recently signed multiple strategic partnership agreements and is now onboarding additional clients onto the QSE platform. In parallel, growing interest from retail users for QSE’s encrypted, quantum-resilient cloud storage has led to an increase in user activity and overall system usage.

To support this growth, Scope has proactively invested in expanding its infrastructure. Internal benchmarks now indicate the QSE system is capable of processing millions of secure, encrypted messages per second, placing it in the same league as large-scale communication platforms such as WhatsApp and Signal—but with true round-trip quantum-resistant encryption built in.

“The improvements we’ve made to system performance and reliability ensure that QSE can scale rapidly and securely,” said Sean Prescott, Founder of Scope Technologies. “Whether for encrypted messaging, file storage, or enterprise data workflows, QSE is built to handle modern and future demands—with quantum resilience and distributed redundancy at the core of every transaction.”

With these upgrades in place, Scope is well-positioned to handle the influx of activity expected with the public launch of the QSE Mobile App and ongoing enterprise white-label deployments.

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Scope’s new platform offers encryption with no third-party data access—not even from Scope itself. Built to withstand both current and future threats, it features zero metadata exposure and integrates fully with the QSE Security Suite, giving organizations a secure, zero-trust ecosystem that avoids the vulnerabilities of email and public messaging apps.

The official launch came on the heels of a $1.5 million private placement (which officially closed the first tranche on Monday), anchored by a $1 million investment from First Majestic Silver Corp., an early enterprise client now doubling down as a stakeholder. Scope will use the funds to finalize app development, currently preparing for closed alpha testing, and expand its decentralized encryption suite with a white-labeled, mobile-first option.

With secure messaging demand rising and platforms like Telegram recently surpassing 1 billion active users and facing scrutiny over data handling, Scope sees an opening for enterprise-grade alternatives—especially in sectors like healthcare, finance, legal, and government, where privacy is non-negotiable.

Momentum is building fast. In March, Scope signed a master reseller deal with Coegi Cloud AB, a Microsoft Solution Partner in Sweden, to expand across Europe and North America. Just days earlier, it secured a channel partnership with Asia-Pacific distributor COGITO, unlocking access to over 2,000 resellers and 40,000 institutional users across China, Singapore, and Australia.

These deals follow February’s launch of the upgraded Quantum Preparedness Assessment (QPA), an AI-driven tool that helps businesses assess quantum vulnerabilities. Fully integrated with Risk Management Frameworks (RMFs) and aligned with upcoming U.S. HHS data security updates, QPA complements Scope’s broader QSE platform.

The company’s trajectory points to more than just steady growth. It’s carving out a strategic position at the intersection of quantum risk, regulatory pressure, and enterprise demand—exactly when organizations are being forced to rethink security from the ground up.

With “Harvest Now, Decrypt Later” threats making headlines, Scope’s timing couldn’t be better. From secure messaging to quantum risk assessments, the company is positioning itself as an early and essential solution provider in a race that’s only just beginning.

CONTINUED… Read this and more news for Scope AI at: https://equity-insider.com/2025/03/18/is-scope-technologies-corp-cse-scpe-otcqb-scpcf-the-next-big-player-in-quantum-cybersecurity/

Cloudflare, Inc. (NYSE: NET) recently expanded its post-quantum cryptography to secure corporate apps, while offering end-to-end protection for internet traffic, far ahead of NIST’s 2035 post-quantum cryptography standards transition.

Cloudflare has long committed to making post-quantum security the new baseline for internet security, delivering it to all customers so we can bolster defences against future quantum threats,” said Matthew Prince, Co-Founder and CEO of Cloudflare. “Now, we’re offering that protection built directly into our Zero Trust solutions.”

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Cloudflare’s latest upgrade enables organizations to route browser-based communication to internal web apps with quantum-resistant encryption, providing end-to-end protection without needing to modify individual applications. By mid-2025, this support will expand to all IP traffic, allowing users to secure their entire digital infrastructure through Cloudflare without internal system overhauls.

Cisco Systems, Inc. (NASDAQ: CSCO) and NVIDIA Corporation (NASDAQ: NVDA) recently unveiled a joint Secure AI Factory to help enterprises build, manage, and protect AI infrastructure with security embedded at every layer. The platform combines Cisco’s networking and security tools with NVIDIA’s AI compute and software to deliver scalable, secure, and high-performance AI data centers.

“AI can unlock groundbreaking opportunities for the enterprise,” said Chuck Robbins, Chair and CEO, Cisco. “To achieve this, the integration of networking and security is essential. Cisco and NVIDIA’s trusted, innovative solutions empower our customers to harness AI’s full potential simply and securely.”

The joint Secure AI Factory supports flexible deployment options, including pre-integrated or modular build-your-own systems tailored to enterprise needs. With integrated firewalls, workload protection, and AI-specific defenses, the solution aims to simplify adoption while addressing the complex risks of modern AI deployments.

“AI factories are transforming every industry, and security must be built into every layer to protect data, applications and infrastructure,” said Jensen Huang, founder and CEO, NVIDIA. “Together, NVIDIA and Cisco are creating the blueprint for secure AI—giving enterprises the foundation they need to confidently scale AI while safeguarding their most valuable assets.”

F5, Inc. (NASDAQ: FFIV) recently launched the industry’s first platform that combines high-performance traffic management with advanced app and API security in one solution, designed for the hybrid multicloud environments powering AI. The new F5 Application Delivery and Security Platform simplifies operations, reduces complexity, and strengthens protection for AI-driven applications, while new tools like AI Gateway and intelligent assistants further boost performance, automation, and security.

“AI is accelerating innovation, but also intensifying the high costs, crushing complexity, and escalating cyber risks that have IT and security teams in crisis,” said François Locoh-Donou, President and CEO of F5. “F5 stands alone in its ability to address the challenges of hybrid multicloud architectures. The F5 Application Delivery and Security Platform represents a giant leap forward for organizations, enabling them to overcome complexity and unlock the full potential of AI.”

Article Sources: https://equity-insider.com/2025/03/18/is-scope-technologies-corp-cse-scpe-otcqb-scpcf-the-next-big-player-in-quantum-cybersecurity/

CONTACT:

Equity Insider
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DISCLAIMER: Nothing in this publication should be considered as personalized financial advice. We are not licensed under securities laws to address your particular financial situation. No communication by our employees to you should be deemed as personalized financial advice. Please consult a licensed financial advisor before making any investment decision. This is a paid advertisement and is neither an offer nor recommendation to buy or sell any security. We hold no investment licenses and are thus neither licensed nor qualified to provide investment advice. The content in this report or email is not provided to any individual with a view toward their individual circumstances. Equity Insider is a wholly-owned subsidiary of Market IQ Media Group, Inc. (“MIQ”). MIQ has been paid a fee for Scope Technologies Corp. advertising and digital media from the company directly. There may be 3rd parties who may have shares Scope Technologies Corp., and may liquidate their shares which could have a negative effect on the price of the stock. This compensation constitutes a conflict of interest as to our ability to remain objective in our communication regarding the profiled company. Because of this conflict, individuals are strongly encouraged to not use this publication as the basis for any investment decision. The owner/operator of MIQ own shares of Scope Technologies Corp. which were purchased as a part of a private placement. MIQ reserves the right to buy and sell, and will buy and sell shares of Scope Technologies Corp. at any time thereafter without any further notice. We also expect further compensation as an ongoing digital media effort to increase visibility for the company, no further notice will be given, but let this disclaimer serve as notice that all material disseminated by MIQ has been approved by the above mentioned company; this is a paid advertisement, and we own shares of the mentioned company that we will sell, and we also reserve the right to buy shares of the company in the open market, or through further private placements and/or investment vehicles. While all information is believed to be reliable, it is not guaranteed by us to be accurate. Individuals should assume that all information contained in our newsletter is not trustworthy unless verified by their own independent research. Also, because events and circumstances frequently do not occur as expected, there will likely be differences between any predictions and actual results. Always consult a licensed investment professional before making any investment decision. Be extremely careful, investing in securities carries a high degree of risk; you may likely lose some or all of the investment.

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London Blockchain Series announces first Finance Summit in partnership with Clifford Chance

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Unlocking the blockchain advantage for Financial Services

Leading global financial services providers to share insights and experience

LONDON, April 1, 2025 /PRNewswire/ — The London Blockchain events series will be hosting its first Finance Summit in partnership with Clifford Chance, Tokenovate, Global Digital Finance and European Blockchain Association. The groundbreaking event set for 3 June 2025 in Canary Wharf, London will bring together industry leaders, innovators, and decision-makers at the intersection of blockchain technology and finance.

As the financial sector continues to evolve amidst rapid technological advancements, this summit presents a unique opportunity to explore how blockchain is reshaping the future of finance. 

From revolutionising payment systems to transforming asset management, delegates will experience a day of insightful discussions, networking, and hands-on learning, all designed to equip them with the knowledge and connections necessary to thrive in this dynamic landscape. 

The panel discussions will cover key topics, including:

  • How blockchain is revolutionising payments, asset management, and operational resilience
  • Comprehensive guide to regulatory changes across the UK, EU, and US and the impact on the finance industry
  • The rise of digital currencies, stablecoins, and CBDCs, and what they mean for different organisations
  • How to integrate blockchain with legacy financial systems and measure real ROI

Alex Stein, Conference Director, London Blockchain said, “Blockchain is no longer just a buzzword; it is actively and rapidly transforming the way financial services operate, from payments to regulatory compliance. Blockchain is reshaping finance, and this summit will focus on what really matters to anyone in the financial sector such as real-world impact and the future of financial services. The summit will be a day of practical insights, actionable strategies, and real-world case studies.”

The summit will feature spokespeople from major global organisations, including:

  • Paul Landless, Partner at Clifford Chance
  • Sabih Behzad, Managing Director, Head of Digital Assets and Currencies Transformation at Deutsche Bank
  • Bilal Jafar, Hedge Fund & Crypto Correspondent at Dow Jones
  • Emma Lovett, Executive Director – Markets DLT at J.P. Morgan
  • Konstantinos Adamos, Group Lead Legal Counsel at Revolut

The full day session, which is free to register, will provide a unique opportunity to learn from industry pioneers driving blockchain adoption and discover how blockchain enhances transparency, compliance and efficiency and can transform the financial system to meet future demands. Representatives from Vodafone, Credit Suisse, Schroders and UBS amongst others will also be speaking at the event.

Interested parties can register for a complimentary pass to attend this innovative event that will bring together industry leaders, innovators, and decision-makers at the intersection of blockchain technology and finance.

About the London Blockchain Conference:

UNITING ENTERPRISE, AI & WEB3 

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At the London Blockchain Conference, we show how Blockchain will change the world and help people see another way to manage data, build scalable on-chain solutions and achieve great things. We do this by creating valuable, insightful, and engaging events that educate and inform, allowing you to connect and network to build strong business relationships. Our conference is the best avenue to see blockchain innovations, big ecosystem announcements, new product launches, technology updates, keynote speeches, panels, and fireside chats from blockchain leaders. Join us and experience it for yourself. 

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Bybit Leads March Capital Inflows and Reclaims No.2 in Trading Volume

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DUBAI, UAE, April 1, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has staged a remarkable comeback, recording $3.61 billion in asset inflows in March and reclaiming the No.2 spot in trading volume. The latest inflows serve as a testament to the effectiveness of Bybit’s rapid recovery strategies and its unwavering commitment to user security and transparency.

No. 1 in 1-month Capital Inflows

According to  DeFiLama data, Bybit led centralized exchanges in capital inflows over the past month, adding  $3.61 billion in March and reaching a total value locked (TVL) of $14.9 billion as of March 31, 2025. Over the 31-day period, Bybit’s significant inflows across timeframes (7-day: $612.62 million, 1-month: $3.61 billion) underscore the confidence users have placed in the platform. Bybit has withstood one of the greatest tests in crypto history, setting new benchmarks in rapid recovery strategies across: security recalibration, operational and financial resilience, and trust building.

Bybit Reclaims No. 2 Spot in Trading Volume

Bybit’s introduction of the Retail Price Improvement (RPI) mechanism significantly boosted spot trading volume post-hack, reaffirming its dominance in retail liquidity. RPI orders, tailored specifically for retail clients, drove unparalleled liquidity in key trading pairs like BTC/USDT and ETH/USDT. From February 27 to March 3, Bybit achieved three times the liquidity of the market leader across the top 12 trading pairs.

Throughout this period, Bybit maintained full platform functionality, ensuring uninterrupted withdrawals, new token activities, and robust rewards programs. These strategic efforts not only reinforced user trust but also fueled Bybit’s resurgence, solidifying its position as the go-to exchange for traders worldwide.

New data from CoinGecko (April 1, 2025) confirms that Bybit has reclaimed its position as the world’s second-largest cryptocurrency exchange by trading volume.

Business As Usual: New Token Activities, Innovation, and Rewards

Bybit’s ability to bounce back is driven by several factors, including favorable market conditions and a more constructive regulatory environment under the new U.S. administration. More importantly, Bybit has remained laser-focused on delivering a best-in-class user experience, offering continuous rewards, innovative product features, and seamless service.

Bybit introduced multiple new token listings, including WAL, PARTI, CORN, and NEAR, alongside exciting airdrop campaigns. Notably, the Bybit Web3 AI-DOL Superstar competition—the first Web3 idol competition—showcased the platform’s ability to drive engagement and innovation in decentralized finance.

The spectrum of new initiatives and rewards events demonstrated Bybit’s capability to fend off major crises and to generate post-crisis growth, as is reflected in the positive capital inflows in March.

“We do not let setbacks define us. Bybit remains committed to our users and the broader crypto community, ensuring continuous innovation and stability. Our capability to sustain operations and roll out new initiatives, even during challenging times, demonstrates our resilience, dedication to long-term growth, and the strong support we receive from the industry,” said Joan Han, Sales and Marketing Director of Bybit.

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Bybit is also committed to long-term programs for trust-building, transparency and accountability. Users and stakeholders may keep up with Bybit’s regular Proof-of-Reserves updates and the Bybit-led initiative to combat the circulation of illicit funds in the crypto ecosystem, LazarusBounty. The platform is an ongoing project for individuals and groups within the cryptosphere to contribute to the fight against bad actors while receiving rewards and recognition, with over $2.2 million in bounties already awarded to verified contributors.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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