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Brex Launches Vancouver Tech Hub With 40 Employees

PYMNTS

Silicon Valley payments FinTech Brex opened its first international office, a technology hub in Vancouver, Canada with a 40-person workforce, the company announced on Tuesday (March 3). The new hub will target software engineering and user experience processes. The company also has offices in Salt Lake City and New York City.

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B2B FinTech Firms Brace For Growth With New VC

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While the startups have big plans for those funds, including technological enhancements and staff expansions, it remains to be seen whether they will heed the advice to reserve cash. The company recently announced $10 million in venture capital funding, led by GV and Foundation Capital, while Amicus and Pierre Lamond also participated.

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Deep Dive: COVID-19 Spurs Biometric Innovations For A Contactless Global Society

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The New York City Police Department recently stopped using its fingerprint identification security procedure for employees entering buildings, for example, contributing to a spike in demand for contactless identification alternatives. I don’t think authorities will rule out keeping this up after the outbreak.”.

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Investors Haven’t Forgotten About Alternative SMB Finance

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By now, the alternative lending market is hardly new, and investor appetite for startups in the space seems to have waned. This week, alternative finance companies raised more than $77 million in venture capital funding, accounting for nearly 70 percent of total funds raised by B2B FinTech startups this week. Veritas Finance.

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Tracksmith: Taking DTC Running From Heartbreak Hill To The Global Market

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3 in the best running cities in the U.S., you’d be hard-pressed to find a Chowdahead who doesn’t think Boston is the running capital of the world. Content marketing is a staple of the website, with Taylor himself conducting interviews with runners of local and national prominence. He studied psychology and biology at Yale.

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Amazon Go Has Spawned Imitators, But Also Innovation

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Much of the excitement surrounding automated retail — aka cashierless retail — has been driven by Amazon Go, but the enthusiasm for “just-walk-out” technology has been tempered by the stores’ limited locations. French retail giant Carrefour SA has also been testing camera and image-recognition technology in grocery stores.

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Instant Payments, Unicorns And Food Fights Top Week’s News

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In a bid to expand its healthcare payments presence , JPMorgan said that it has entered a deal to acquire InstaMed, a payments technology company focused on the space. The news of Nextdoor.com’s capital raise and $2.1 Tim Berners-Lee On Building a New Web. Why Anyone Can Be a Unicorn Now. Fun, Cool and Otherwise Notable.

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