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Steal This 5-Step Banking Innovation Playbook from Gentle Monster

South State Correspondent

Honkook Kim and his Gentle Monster Brand is a perfect example. With financial hardship, competition from dominant players, and a startup budget, Gentle Monster faced many of the same challenges as a community bank. How Banks Can Leverage: While not exactly a banking innovation, banks can better allocate capital to COIs.

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How The DTC Model Is Gaining An Edge In Commerce

PYMNTS

I realized I had an opportunity to create a modern brand with a focus on art while incorporating storytelling and community,” Stone said. One recent example comes from Los Angeles-based Pepper. That new capital is earmarked to boost Pepper’s mission to assist DTC startups and digitally native businesses.

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Munchery Leaves Consumers, Vendors Out $6M

PYMNTS

That came after it shut down service in Seattle, Los Angels, and New York. We have also enjoyed giving back to our community through meal kit donations, volunteer service, and so much more.”. The company ceased operations in late January after laying off 30 percent of its workforce in May 2018.

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National Small Business Week Celebrates the American Entrepreneurial Spirit

Abrigo

The SBA offers the “three Cs” to help aspiring entrepreneurs start up and scale up by making counseling available, providing more choices and chances to secure capital, and by helping them seize market opportunities to commercialize their ideas. Every business starts small.

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Facebook’s Sizzly, Fizzly Week

PYMNTS

The new shops will feature 100 popular small businesses and digital brands on Facebook and Instagram into retail stores, and will be housed in The Market @ Macy’s. The Market @ Macy’s helps both emerging and established brands reach new audiences by showcasing them in a physical space inside Macy’s.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

Select VC Investors: Khosla Ventures, Social Capital. Ample Hills Creamery — named for a line in a Walt Whitman poem — is an ice cream shop and “community gathering place.” Select VC Investors: Cue Ball Capital, Valley Oak Investments. Select VC Investors: Otium Capital. Café X Technologies. Oh My Cream!

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Banking's Total Return Top 5: 2014 Edition

Jeff For Banks

capital appreciation and dividends. Open Bank (OTCQB: OPBK) Open Bank commenced operations in 2005 as First Standard Bank in the Koreatown section of Los Angeles. They are built as a relationship bank serving the Korean community in LA and surrounding areas. Not so over the three years I have been keeping track.