Remove 2010 Remove Capital Remove Fintech Remove Regional
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First New Community Bank In Decades Headed To US Market

PYMNTS

The bank is one of several newly proposed community banks in the region, with goals of disrupting the financial services landscape, including business and corporate banking. Reports in FinTech Futures on Wednesday (Jan. have emerged to do. We urge you to make such legislation a priority.”.

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AI Platform By Conversica Automates Business Conversations

PYMNTS

This time around, the B2B sector led FinTech as the area where the most funds flowed, with about $456 million. The biggest announcement came as Magento Commerce, spun out from eBay two years ago, got $250 million from Hillhouse Capital, one of China’s largest investment firms. The implied valuation here is $700 million.

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Reverse Logistics: Optoro Clinches $30M Series D

PYMNTS

This past week, the tally stood at $349 million, with FinTech at almost $238 million of that. That capital announcement comes despite fears over what Brexit might mean for the FinTech sector across the pond in general, and the peer-to-peer lending sector continues to grow — by some estimates, at about 50 percent annually.

Retail 100
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Stripe Teardown: How The $35B Payments Company Plans To Supercharge Online Retail

CB Insights

This growth has created major opportunities in the payments space, and companies like Stripe — the payments unicorn valued at a masive $35B — are hungry to capitalize on them. One key catalyst for online payment innovation was the introduction of the Payment Facilitator, or “PayFac,” in 2010.

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OrderGroove Funds Frictionless Commerce With $20M Series C

PYMNTS

The majority, at 72 percent, came from FinTech. Within FinTech, banking held sway. Looking at the geographic concentration of activity, the US was the most active region, with 47 percent of activity, followed by China at 41 percent. A bit more than $783 million in investment activity marked last week’s fund flow.

Branding 100
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Big Plays Push Investments & RedKix Grabs $17 Million In Seed Funds

PYMNTS

And while chat apps were a somewhat livelier field even as recently as 2010, as of the end of 2015 most were saying the market was for the most part shut down. We’ve been seeing this same bifurcation, but it stood on its head in the latest week, with B2B carrying the weight of the deal flow, and FinTech relatively lighter.

Phoenix 100
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The 2019 GonzoBanker Awards

Gonzobanker

There is an understanding that technology and fintech are going to cause radical change, but the how, how big and when are still very unclear. The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. The Tech Award – Goes to Capital One.

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