PYMNTS

JANUARY 22, 2021

Chinese eSports provider VSPN has raised $60 million in a Series B+ funding round to help it expand its operations overseas. Investors in the latest financing included Prospect Avenue Capital, Guiotai Junan International, and Nan Fung Group. Lighthouse Capital served as the exclusive financial adviser.

Nevada 180

Nevada Capital New York Groups 180

PYMNTS

MAY 11, 2020

PayCargo Capital (PCC) is offering short term loans and credit lines to help its supply chain customers keep the cash flow going as the coronavirus pandemic continues to disrupt business as usual. . Transportation and cargo companies that do business with PayCargo in North America can apply for $25,000 to $2.5

Capital 141

Capital Florida America Online 141

CB Insights

DECEMBER 10, 2020

Bank of America and the traditional banking system is being disrupted across a wide variety of core revenue streams. . Bank of America, for one, saw profits drop 16% year-over-year (YoY) in Q3’20 to $4.9B. Sales and trading operations within banks can be lucrative. get the full 45-page disrupting investment banking report.

America 101

America Lending Cards San Francisco 101

PYMNTS

SEPTEMBER 29, 2020

The cash flow challenges for small businesses have been in place for a while, in Latin America since well before the pandemic took root. And in an interview with PYMNTS, Jacob Shoihet , co-founder and CEO of the online financing platform Marco Financial , said the problem is particularly acute for exporters. “In

United States 286

United States Regional America Trends 286

PYMNTS

JUNE 26, 2020

Iain McNicoll , VP of Americas/SMB for payments platform Payoneer , recently told PYMNTS that eCommerce’s market share has risen to 27 percent from just 16 percent when the pandemic began. With this [change], we’ll see more competition in the online arena, with larger brands coming in and competing directly,” he said.

Retail 318

Retail Online Capital ATM 318

PYMNTS

SEPTEMBER 25, 2020

The grants are part of the San Jose, California-based worldwide online payments system’s $530 million pledge made earlier this year to strengthen minority communities and fight for economic equality and racial justice. “To PayPal Holdings Inc. provided $5 million in grants to support Black-owned businesses in the U.S.

San Jose 261

San Jose Baltimore Nebraska Community 261

PYMNTS

AUGUST 10, 2018

With a focus on small retailers, ShopX offers online commerce and supply chain management services with support for mobile access to its services. The company operates primarily in the food and groceries, digital services and electronics space. Payroll is on a roll with investors , again.

America 100

America Capital New York Software 100

PYMNTS

OCTOBER 18, 2017

But a new solution from Bank of America Merrill Lynch is looking to make better use of the notoriously manual tool. The solution can automatically collect data from CashPro Online and display it into configurable spreadsheets, Bank of America said. In corporate finance, “Excel spreadsheets” is nothing short of a taboo.

America 179

America Analytics Tools Management 179

CB Insights

FEBRUARY 13, 2020

As businesses and consumers become more comfortable using credit cards online, the proportion of US commerce that takes place online has steadily increased over the last 20 years. Specifically, the Collisons aimed to more seamlessly connect online businesses and payment processors, allowing more businesses to accept online payments.

Online 98

Online Company Retail Payments 98

PYMNTS

AUGUST 4, 2020

We’re excited to extend our partnership with Stripe to offer our customers capital and real-time access to funds so they can take on more jobs and better operate their businesses.”. Funds that contractors’ customers pay online will reach providers’ bank accounts in seconds, including on non-business days. employment.

America 158

America Software Meeting Capital 158

PYMNTS

OCTOBER 4, 2019

“These new capabilities and partnerships fuel our mission to empower businesses to grow,” said Payoneer VP, Regional Head of Americas Iain McNicoll. By giving them access to the tools they need to expand and streamline operations, we continue to be the partner for growth for U.S. More than ever, we’re focused on the U.S. businesses.”.

Capital 152

Capital Regional America Payments 152

PYMNTS

DECEMBER 23, 2019

The funding round was led by Techstars Toronto, Open Circle Capital from Lithuania, Practica Capital, and angel investors from North America and Europe. . ikonis, CTO Pranas Kiziela and CMO Adomas Baltagalvis — all from Lithuania, but the company operates out of Toronto.

America 130

America Capital Branding Company 130

PYMNTS

MARCH 1, 2019

Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.

Security 189

Security Capital Analytics Software 189

PYMNTS

JANUARY 15, 2021

Its micro-financing portal targets SMBs that cannot access capital via traditional means. Sequoia Capital India led the Series A investment, TechCrunch reported. Based in Germany, Xentral offers small and medium-sized businesses software to help streamline back-office operations including logistics, sales management and accounting.

Capital 167

Capital Fintech Operations Technology 167

PYMNTS

FEBRUARY 20, 2019

Payless, a nationwide discount shoe retailer, has won approval from a bankruptcy court to begin closing its 2,500 stores in North America, effectively putting 16,000 employees into eventual unemployment, according to reports. Canada and Puerto Rico, and also a robust online operation. Payless has stores in the U.S.,

Puerto Rico 131

Puerto Rico America Operations Retail 131

PYMNTS

JUNE 7, 2019

This week’s B2B Venture Capital roundup is all about data. However, the biggest funding round of the week went to a company that is not yet in the B2B FinTech space, though it has plans to use the capital to launch a cross-border, small business (SMB) money-transfer service. Catch up on the latest investment rounds below.

Data 139

Data Capital Analytics Lending 139

PYMNTS

FEBRUARY 7, 2020

Luxury gym operator Equinox has secured funding from Silver Lake, an equity firm, in its continuing bid to compete with exercise giant Peloton, according to a report by Bloomberg. Equinox already has around 100 locations throughout North America and the U.K., Terms of the funding were not disclosed. Peloton’s shares fell 4.9

Exercises 136

Exercises America Community Meeting 136

PYMNTS

FEBRUARY 14, 2017

Previously, Strappa was client management and strategy Head for Institutional Clients Group at Citi Latin America. She comes to Chase Merchant Services with background experience in retail and mortgage business management, consulting, strategy, lean manufacturing, operations, transformation and change management.

ATM 168

ATM Strategy America Online 168

PYMNTS

JUNE 10, 2020

billion in a move that could result in the world’s largest online food delivery firm outside of China, with operations in 25 countries. Once the deal is completed, Grubhub CEO and Founder Matt Maloney will join Just Eat Takeaway.com’s board of directors, where he will lead the business in North America.

United States 141

United States America Chicago Operations 141

PYMNTS

FEBRUARY 18, 2020

The company expects to operate its business in the normal course during this process,” Pier 1 said in its statement. Its customers will still be able to shop with the company, both at the stores that remain open and online. The bankruptcy financing from lenders including Bank of America N.A., million.

Fort Worth 130

Fort Worth Virginia Texas America 130

PYMNTS

JULY 6, 2020

Since May, Square’s market capitalization has almost doubled, now hitting $55 billion. Morgan Chase and Bank of America still easily outpace Square, but the Jack Dorsey -helmed company is only around $20 billion away from being on the level of Goldman Sachs ‘ $74 billion market value. banks, Bloomberg reports.

America 151

America Mobile Report Capital 151

CB Insights

JULY 18, 2018

Investors from around the globe are flocking to Latin America — within the first half of 2018, deep-pocketed investors like Andreessen Horowitz, Sequoia Capital, and DST Global have backed startups in the region. Private technology companies in Latin America have raised over $5.8B Want the 12-page report for free?

Regional 50

Regional America Capital United States 50

PYMNTS

JANUARY 25, 2021

Metrick also outlined a 3-point “Luxury Disrupted” strategy which consisted of edicts such as don’t forget the fashion, make it easy for customers and the need to use data to improve both online and in-store shopping experiences. The Digital Shift Is Permanent. Stores As Social Centers.

Community 269

Community Retail Strategy National 269

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Improving efficiency is like “losing weight” and “working out more.”

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

MARCH 21, 2019

In addition, the new company reportedly is seeking to grow its market share in China, online and with women. JPMorgan, Morgan Stanley, Bank of America Merrill Lynch and Goldman Sachs are among the underwriters. Other uses of the funding are said to include working capital, capital expenditures and operating expenses.

New York 145

New York Capital America Strategy 145

PYMNTS

JULY 28, 2019

billion) online food ordering business that is expected to be more competitive to younger rivals Uber Eats and Deliveroo. The proposed takeover could create a powerful online food delivery group across Europe. and western Europe and recently considered expanding into Canada, Latin America and Australia.

Leadership 108

Leadership Online America Capital 108

PYMNTS

SEPTEMBER 8, 2020

Thunes, the FinTech startup that operates a global cross-border payments network for emerging economies, announced on Tuesday (Sept. The funding is intended to fuel its growth in Africa, Asia and Latin America. The new features include price reduction, online deal notifications and product alerts for customers. s devices.

Payments 141

Payments California Apple Video 141

PYMNTS

NOVEMBER 4, 2016

This time, the industry saw modest gains — a couple million in funding here, another million there — with just three venture capital funding rounds. million in venture capital. Also targeting SaaS businesses is UserIQ, which announced its own $2 million Series A funding round this week, led by BIP Capital. i2B Capital.

Capital 100

Capital Software America Security 100

PYMNTS

NOVEMBER 22, 2019

VTEX, an eCommerce company that has helped companies like Walmart sell online, has raised $140 million in a funding round led by SoftBank’s Latin American fund, according to a report by TechCrunch. The company has grown 43 percent a year for the past five years, and it processes $2.4 billion in gross merchandise value.

Software 108

Software America Regional Tools 108

PYMNTS

NOVEMBER 30, 2018

The cloud, artificial intelligence (AI) and robotics are all prevalent themes in this week’s venture capital breakdown, with startups working to overhaul entire processes for their enterprise customers, from logistics to workforce management. The firm said it will use the investment to focus on operational expansion.

Capital 156

Capital Management Technology Operations 156

PYMNTS

OCTOBER 30, 2020

Visa has signed a deal to acquire YellowPepper, which works with upstarts in Latin America and the Caribbean. Bain Capital Ventures: 2020 Is B2B Payments’ Breakout Year. Bain Capital Ventures’ partner Matt Harris told PYMNTS that 2020 marked the tipping point for commercial payments. Fun, Cool And Otherwise Interesting .

Technology 161

Technology Apple Payments Capital 161

PYMNTS

JUNE 21, 2018

Launched in 2014, Robinhood is a minimalist app that lets users set up an an online brokerage account, transfer funds from accounts at major banks (including Chase, Citi and Band of America) and check the prices of their stocks. Jack Randall, a spokesman for Robinhood, declined to comment. s growth fund CapitalG.

Regulation 123

Regulation Millennials California Capital 123

PYMNTS

NOVEMBER 18, 2020

The health crisis has forced some eateries to close entirely, while others must operate at reduced capacities depending on state and local restrictions. The November Mobile Order-Ahead Tracker® explores the impact of AI and how eateries are using the technology to ease their operations, personalize customer offers and fight fraud.

Boston 186

Boston Fraud Marketing Mobile 186

PYMNTS

MAY 29, 2018

Global Fashion Group, which operates fashion Websites in Russia, Latin America, and Southeast Asia, took a hit because of a decline in the Russian rouble and the Brazilian real. Rocket CEO Samwer did note that Jumia, which is still losing money, may need to raise capital during the next two years.

Fintech 122

Fintech Groups Capital America 122

PYMNTS

APRIL 30, 2018

But analysts from Bank of America, Square, Navcom and the National Association for the Self-Employed warn that challenges for some SMBs have reached new heights, too. This week’s B2B Data Digest is all about small businesses in America, their financial hurdles and their outlook for the future.

Taxes 144

Taxes America National Community 144

PYMNTS

MARCH 21, 2018

Amazon has overtaken Alphabet — Google ’s owner — as the company with the second-highest market value in America, as Google’s stock fell for the third consecutive day on Tuesday (March 20). As of now, Apple is the only company worth more than Amazon at nearly $900 billion.

Google 110

Google Apple Company Capital 110

PYMNTS

JULY 21, 2017

Bank of America (BoA) is expanding its mobile service for small- and medium-sized (SME) customers. ” In addition to the new feature, Bank of America also announced a new service for small business borrowers to help them find the right loan product. This is another way we are providing a competitive advantage for our clients.”

Mobile 100

Mobile America Lending Meeting 100