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Bill.com Sets IPO Price Slightly Higher Than Expected

PYMNTS

The firm’s market capitalization is at $1.56 Since launching in 2006 in Palo Alto, Bill.com has been providing SMBs with automated back-office payment operations, such as payroll and bill payment. The IPO’s lead underwriters were Goldman Sachs, BofA Securities and Jefferies. Its net loss only went up 1.7 percent to $7.3

New York 131
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Ex Danske Bank Exec Still Missing In Estonia

PYMNTS

Aivar Rehe, the 56-year-old former executive of Danske Bank who was in charge during a 200 billion euro money laundering operation that made global headlines, has been missing for a second day in Estonia , according to a report by the Financial Times. 23) morning in Tallinn, the capital of Estonia.

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Why The ICBA Is Fighting Industrial Loan Charters For FinTechs

PYMNTS

Before this year, the last time that happened was in 2006, when Walmart made a move on an ILC. As we scale, it’s becoming increasingly important that we have direct relationships with regulators,” said Jacqueline Reses, who leads Square Capital and will be the chairman of the bank. billion to more than 141,000 firms.

Industry 108
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Second Largest US Mall Owner Defaults On Loan Payment

PYMNTS

The property is operated by the second largest U.S. To make matters worse, it’s increasingly getting difficult to seek commercial-mortgage backed securities that could finance such malls, Bloomberg reported. In 2006 or 2007, everything was beautiful,” said RBC Capital Analyst Rich Moore.

US 100
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How Toys R Us’ Demise Could Benefit Amazon And Other Retailers

PYMNTS

Amazon could take over some of Toys R Us’ stores, which may be soon vacant as the retailer winds down its operations. Ironically, Strategic Marks purchased the KB Toys name from Bain Capital — the firm that took Toys R Us private in 2006. Unhappy Suppliers. Not all businesses could gain from Toys R Us’ losses.

US 139
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The Top 20 Venture Capitalists

CB Insights

For the third consecutive year, we worked with The New York Times to identify and rank the top 100 venture capital professionals from around the globe. 15 of the top 20 operate in the Greater Bay Area. 15 of the top 20 operate in the Greater Bay Area. Below are the detailed profiles of the Top 20 Venture Capital Partners.

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How To Live Forever In The Financial Services Space

PYMNTS

From user interface technology to security and risk management, the only constant in the financial space is that nothing stays the same for long. Apart from significant investments in marketing, there are two critical components for the long haul: technology and working capital. How do you manage security and risk?

How To 136