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Why Venture Capital Is Accelerating In Asia — Why It’s Different From The Valley

PYMNTS

Despite the pandemic, venture capital dollars are flowing freely to nascent firms in Asia that are tackling the need for contactless interactions and platforms that match supply and demand — setting the stage for innovation on the other side of the public health crisis. Many of them are government, corporate or university led, Dixon said.

Capital 298
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Postmates Raises $100M As Online Food Delivery Heats Up

PYMNTS

But consolidation looms, according to some observers, and online food delivery services will eventually have to shift more focus away from consumers and toward restaurant operators in order to thrive in a crowded marketplace. Partnerships and technology are becoming increasing important in the delivery space. Postmates Funding.

Online 176
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Israel’s Red Dot Capital Likes Southeast Asia’s COVID Comeback Story

PYMNTS

Fresh on the heels of a $200 million round of fundraising, Tel Aviv’s Red Dot Capital is straying from its bread-and-butter focus on homegrown Israeli technology and security startups to find opportunity half a world away in Southeast Asia. But Stern said the strategy shift isn’t just based on the need to fuel growth.

Capital 192
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Latin America Entices B2B FinTech Investors

PYMNTS

. “Latin America is a highly attractive growth market for us, and the acquisition of Omni will significantly expand our capabilities in this important region,” the firm’s Founder and CEO Lex Greensill said in a statement. FTV Capital recently announced that it has closed its sixth fund, and totaling $1.2 Authenticiti.

America 182
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How To Do Better Against National Bank Lending Competition

South State Correspondent

There are now many online, nationally-focused lenders that are capable of an entire virtual relationship. Traditionally, community banks would compare their financial performance and health to similar-sized banks in their region. Scale, security, and innovation are all linked to better information technology design and implementation.

National 195
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Cloud Technology, B2B Payments, Visa’s YellowPepper Deal Top This Week’s News

PYMNTS

We have deep dives on cloud technology, business-to-business (B2B) payments and Visa’s deal to acquire YellowPepper. 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. “I In the U.S.,

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PayPal Wants To Capitalize On India’s Mobile Growth

PYMNTS

India is critically important,” said Sri Shivananda, chief technology officer at PayPal. “We We look at regions and then there are countries of importance?…?India The Financial Times is reporting that PayPal launched a domestic business in India in 2017, which allows for local and global payments in the country.

Mobile 181