Remove 2017 Remove Capital Remove Fintech Remove Management
article thumbnail

Germany’s Delivery Hero Introduces Its Own Venture Capital Fund

PYMNTS

German food delivery platform Delivery Hero is launching its own early-stage venture capital (VC) firm — DX Ventures — that will be managed independently to focus on advancing founder-led startups. 12) press release. The company replaced payments firm Wirecard, which in 2018 took Commerzbank’s spot on the index.

Capital 151
article thumbnail

German FinTech N26 Eyes IPO With Hiring Of New CFO

PYMNTS

German neobank N26 hired Dr. Jan Kemper as its new chief financial officer (CFO) as the Berlin-headquartered FinTech looks toward a future initial public offering (IPO). In his eight years at the startup, he helped grow market capitalization to 11 billion euros from 2010 to 2017. Its most recent valuation was $3.5

Fintech 254
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Fintech Is Back

Bank Innovation

EXCLUSIVE (SAN FRANCISCO) -- Welcome back to the fintech boom. At this time last year, fintech was in a downturn. Fintech venture funding was down more than 9% year-over-year; valuations seemed stuck. But the fintech market has rebounded.

article thumbnail

Treasurers Watching FinTech Innovation To Get An Upgrade

PYMNTS

Capital One’s Treasury Management Group is already looking ahead to how corporate treasurers will face the most modern of challenges in 2017. For Capital One, approaching the future of treasury management means collaboration. “We’re

article thumbnail

GPS Capital Markets For Sale, Sources Say

PYMNTS

Corporate foreign exchange brokerage GPS Capital Markets is reportedly up for sale, unnamed sources told PE Hub. GPS Capital Markets, founded by Al Manbeian and Ryan Gibbon, posts between $20 million and $30 million earnings before interest, taxes, depreciation and amortization (EBITDA), one source told the publication.

Capital 108
article thumbnail

3 Notable Fintech Funding Rounds in March

Bank Innovation

Fintech funding is significantly on the rise. CB Insights' 2018 Q4 report showed a $21 billion, or 120% total increase in fintech funding from 2017 to 2018. And already this year, there have been several notable funding rounds.

Fintech 199
article thumbnail

Silicon Valley FinTech Brex Scores $200M Credit Line

PYMNTS

San Francisco FinTech Brex announced a $200 million debt capital raise from Credit Suisse that will be used to expand its eCommerce business and credit offerings to new companies, Brex announced in a press release on Thursday (Dec. The product automates expense management and integrates with accounting systems.

Fintech 131