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Pilot Raises $60 Million To Help SMBs Modernize Finances

PYMNTS

The round, headed up by Sequoia Capital , doubled the company’s total funding to $120 million, the release stated. Our first job out of college was owning a business in Boston,” Pilot Co-Founder and CEO Waseem Daher said in the release.

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Financial Conferences this Fall Showcasing New Ideas and Innovation

William Mills

While this year will be remembered for: fintech labs and partnerships with traditional FI’s; the rise of millennials; and a push for real-time payments; I’ve been thinking a lot about how to gauge disruption and how we should view the messengers. Alternative lenders are learning more about fraud to their dismay and access to capital.

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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. However, the model doesn’t currently allow companies to issue new shares, meaning that DPOs do not raise any capital for the company. STAYING PRIVATE.

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Innovation in the Asset Management industry

Tefkin

By lifting the ban on general solicitation and making crowdfunding easier, the JOBS act is opening access (for accredited investors for now) to the Venture Capital and Hedge Funds asset classes. On the other end of the scale (Alpha), access to alternative assets has become easier with the JOBS act. as the Blooomberg article explains: . “We

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Fintech Fundings: 28 Companies Raise $330 Million Week Ending Jan 15

Fintech Labs Insights

Millennial saving & investing app. Startup capital raising platform. HQ: Boston, Massachusetts. Tags: SMB, capital, crowdfunding, equity, investing. Latest round: $3.1 million Seed. Total raised: $4.2 HQ: New York City. Source: FT Partners. Latest round: $3 million Seed. Total raised: $3 million. Source: Crunchbase.

Company 12
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What Big Real Estate Is Saying About WeWork

CB Insights

These smart millennials are in high demand by employers and infuse fresh energy into neighborhoods. ”. I think that if any of these companies are capitalized properly and WeWork looks to be like they are, then these downturns in New York tend to be short-lived. [A] Boston Properties: WeWork as a partner AND a competitor.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

Instead, new millennial-inspired and tech-infused dining trends have been emerging across the US and internationally. Many of yesterday’s casual dining brands are dying, but not because millennials “don’t eat out.” Vegan fast casual: By Chloe (NYC, Boston, LA, Providence, London). Dining out. table of contents.