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Kabbage Acquires Lending Data Provider Orchard Platform Markets

PYMNTS

Small business lending platform Kabbage is making plans to acquire Orchard Platform Markets, a provider of lending data and services. According to Bloomberg , several sources said that Kabbage plans to use Orchard’s technology. It focuses on small businesses and licenses technology to banks, much like Orchard.

Lending 108
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Chinese Investors’ $1.4B For Indian Startups Prompts Questions

PYMNTS

In 2013, China invested in only three Indian startups, said data provider Tracxn. . India is a large market, where a lot of the models have yet to pan out to create large dominant players,” said Singh. “In It’s a very well-capitalized economy.” . billion, according to data from research firm Refinitiv. .

Capital 229
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RVshare Nets $100M In Funding, Seeks To Rev Up RV Rentals

PYMNTS

The company said the new funding will “provide capital, as well as access to KKR’s operational resources and global network.” Jon and team have proven they can deliver explosive growth with impressive capital efficiency.”. RVshare’s goal is to rapidly build up the RV rental industry, noted a press release.

Ohio 150
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Citi Venture Investing Head: ‘Financial Services is Becoming More Like Tech’

Bank Innovation

This is up from 35% in 2017, and way up from 18% in 2013, according to Financial Technology Partners’ 2018 Annual Fintech Almanac. Strategic participation in fintech climbed in 2018, with 41% of all fintech financings containing either a corporate VC or strategic investor.

Fintech 170
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Lalamove Launches Delivery Services In Dallas

PYMNTS

Lalamove has been operating since 2013 and has 22 markets in Asia, Latin America and North America. The company uses the web's technology, alongside mobile app technology and the sharing economy, to provide seamless and contact-free tech to boost deliveries.

Dallas 131
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Recurly Notches $19.5M In Funding To Bolster Subscription Business

PYMNTS

million in funding led by F-Prime Capital along with participation from Polaris Partners, Silicon Valley Bank and Greycroft. Tony Allen, a former platform and architecture engineer, joins as chief technology officer. To bolster its subscription business, San-Francisco-based Recurly has notched $19.5 million, VentureBeat reported.

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Banking's Total Return Top 5: 2013 Edition

Jeff For Banks

capital appreciation and dividends. Texas Capital Bancshares, Inc. Nasdaq: MRLN) Continuing the theme of niche banks, Marlin is a direct lender providing financing to business so they can acquire new equipment and technology while preserving capital. Not so over the three years I have been keeping track. Well done! #4.