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The United States Of Venture Capital: The Most Active VC In Each State

CB Insights

Although startups based in California, New York, and Massachusetts have traditionally accounted for the majority of VC tech investment in the US, VCs are spurring other hotbeds of innovation across the country. We excluded debt deals and only considered venture capital, corporate venture capital, super angel, and growth equity firms.

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Varo Achieves Milestone AsĀ First Consumer FinTech To Get National Charter

PYMNTS

Colin Walsh got lots of laughs five years ago when he talked of his intention to launch a financial technology (FinTech) startup. The initiative was co-led by new investor Gallatin Point Capital LLC, a Connecticut private investment firm, and existing investor The Rise Fund , a global impact investment fund. million.

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On Demand Pay Finds A Home In Financial Services

PYMNTS

He pointed to advancements in technology that allow people to tap into wages as they are earned to help alleviate financial stresses. Yet, in neighboring Connecticut, the top income tax rate is 7 percent. While finances may balance at monthā€™s end, there is often some unevenness with timing for when earnings come in and expenses go out.

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Dream Payments Closes $10 Million Series A

Fintech Labs Insights

Canadian payments innovator Dream Payments raised $10 million in new funding this week. The Series A round was led by the investing division of Fairfax Financial Holdings, FairVentures, and takes the company’s total capital to more than $17 million. ” The company plans to use the new capital to fuel expansion in the U.S.,

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Strategic Insight Buys BrightScope for Reported $35+ Million

Fintech Labs Insights

One of our earliest alums, financial information and technology company BrightScope , has been acquired by data and business intelligence provider, Strategic Insight. But RIABiz reports that the acquisition was financed by Genstar Capital and notes “outside sources peg the deal at $35 to $40 million.” Germany, and Canada.

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55 US Companies That Became Unicorns In 2018

CB Insights

Select Investors: Tencent Holdings, Disney Accelerator, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Vulcan Capital, ICONIQ Capital. Select Investors: Y Combinator, Sequoia Capital, Khosla Ventures, Kleiner Perkins Caufield & Byers, Wellcome Trust, GIC, SoftBank Group, DST Global. Valuation: $12B.

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11 New Restaurant Concepts Reimagining Fast Food & Casual Dining

CB Insights

The old guard of American dining are switching up their games to compete: McDonald’s is adding self-serve kiosks to many of its franchises, upping the ante with mobile order technology. The company and its primary supplier, Beyond Meat, are driving a new wave of food businesses using technology to create meat substitutes.