Remove 2010 Remove Capital Remove Innovation Remove Regional
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Big Plays Push Investments & RedKix Grabs $17 Million In Seed Funds

PYMNTS

Might there still be ways to innovate with email? 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. If it does, RedKix might just win the title for the surprise innovation no one knew they needed.

Phoenix 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. As a result of its product innovation efforts, Stripe has seen explosive growth in product adoption and valuation. A decade of online payments innovation.

Online 98
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AI Platform By Conversica Automates Business Conversations

PYMNTS

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 new capital will help fund global expansion, with focus, as the name implies, on eCommerce. By 2010, Conversica had developed AVA — the automated virtual assistant.

Capital 100
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LendingClub Settles With SEC, DOJ

PYMNTS

The DOJ investigation centered on whether LendingClub had – between January 2009 to September 2010 – misled its FDIC-insured loan originator, WebBank , leading the bank to underwrite over 200 loans that did not conform to the bank’s lending requirements. In 2010, LendingClub added to its war chest with a $24.5 The DOJ Finding.

Lending 135
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OrderGroove Funds Frictionless Commerce With $20M Series C

PYMNTS

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. Founded in 2010, the company offers a SaaS-based subscription technology platform and builds tools for brands and merchants looking to add subscription services to their retail repertoire.

Branding 100
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The 2019 GonzoBanker Awards

Gonzobanker

The company’s market capitalization, which after declining to less than $600 million in the 2009 recession, has now grown to almost $3 billion. Yet the Gonzo team has to give a shout out to the late entry of Texas Capital and Independent Bank. It is an innovator with tech (e.g., The Tech Award – Goes to Capital One.

Idaho 148
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Passport Raises $8 Million in Series B

Fintech Labs Insights

Here’s a funding from one of our more interesting alums that slipped below the radar last month: mobile payment innovator Passport has raised $8 million in new funding. The Series B round was led by MK Capital, and featured participation from Grotech Ventures and Relevance Capital. ” Youakim said.