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Neon Lands $300M In VC Funding For Brazilian Expansion

PYMNTS

Brazilian digital bank Neon is gearing up for another big wave of expansion after landing hundreds of millions of dollars in venture capital funding. Founded in 2016, Neon Pagamentos on Wednesday (Sept. 2) announced a Series C investment of $300 million led global equity firm General Atlantic. Neon says its user base now tops 9.4

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Marc Lore Denies Rumors He’s Leaving Walmart

PYMNTS

The news also comes a month after Jet.com President Liza Landsman left the company to join a venture capital firm. Walmart bought Jet.com for $3 billion in cash and an additional $300 million in Walmart shares in 2016. The deal brought Walmart a new, more digitally savvy customer base and expanded the U.S.’

New York 108
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How Goldman Uses M&A to Bring in Talent for Marcus

CB Insights

Goldman Sachs introduced Marcus — its digital consumer bank — in October 2016. Goldman expedited Marcus’ growth by acquiring companies for three general reasons: Customers: Goldman Sachs acquired GE Capital Bank to attain its customers and their $16B in deposits. Goldman Sachs Strategy Teardown.

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Capstone Conference

Independent Banker

You can feel the energy boost at Park Bank from its leadership development program. It really gives people a sense of ownership,” explains James Hegenbarth, the bank’s president and CEO of the employees who have participated in the leadership development program. “It Wisconsin bank uses LEAD FWD Summit as a development resource.

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Here Are 35 Casualties Of The Retail Apocalypse And Why They Failed

CB Insights

Formerly beloved brands such as Aeropostale, American Apparel, and PacSun bit the dust in 2016, and the pace of retail deaths has accelerated since then. Additionally, many of these physical retailers have lost the cache they once had as new direct-to-consumer brands with a hyper-focus on specific products have taken off.

Retail 78
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The New Lending Fintech Bonanza

Gonzobanker

On the other hand, nCino, Black Knight and Ellie Mae are among the strongest go-to lending automation brands for banks and credit unions with automation both for employees and, increasingly, their end consumers. How will all of this new capital flowing help my organization and my customers, and how does it improve product roadmaps?

Lending 158
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Here Are The Asian Smartphone Upstarts Gunning To Displace Apple, Samsung, And Huawei In The Region

CB Insights

Using CB Insights data, we mapped out the key emerging Asian smartphone brands challenging established players. Below, we dive deeper into these various smartphone brands and the companies that own them. Oppo, Vivo, and OnePlus are smartphone brands run by the BBK Electronics Corporation , headquartered in Dongguan, China.

Samsung 44