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CAN Capital Announces Another Leadership Change With New CEO

PYMNTS

Alternative small business (SMB) lending platform CAN Capital announced on Wednesday (Jan. CAN Capital added Siciliano from commercial financing company Marlin Business Services , where he served in a variety of roles, including CEO and chief operating officer. 9) that Edward J.

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Automakers Rev Up Venture Capital Engine With 38 Investments in 2017

PYMNTS

As such, automakers are hitting the venture capital highway in droves. In 2017, there were 38 disclosed venture and seed rounds by automakers , up from 26 in 2016 — and astronomically higher than only six in 2015. DCM Ventures and Coatue Management also participated in the deal. Ridesharing. Self-Driving Taxis.

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Fiserv CEO Jeff Yabuki to Speak at Bank Innovation 2017

Bank Innovation

Fiserv CEO Jeff Yabuki has joined the speaker faculty of Bank Innovation 2017, taking place March 6-7 in San Jose. Under his leadership, the company has grown revenue to exceed $5 billion annually, and serves more than 13,000 institutional clients. Yabuki joined Fiserv in 2005. Fiserv also supports this site’s Read More.

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A $200M Mélange Of B2B Venture Capital

PYMNTS

B2B startups saw a little bit of everything this week when it came to venture capital. And that goes for the industries covered, too, with treasury management’s Kyriba, blockchain’s BlockApps and enterprise security’s Druva landing on the board, to name a few. Expense Management. Blockchain.

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Lowe’s, PetSmart And Others Take On New Leadership

PYMNTS

Despite another quarterly earnings miss announced Wednesday (May 23), Lowe’s shares got a 9 percent bump mid-week after poaching JCPenney CEO Marvin Ellison on Tuesday, a move that garnered support from Bill Ackman’s Pershing Square Capital Management LP. PetSmart’s same-store sales fell 4.5 billion.

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B2B Financing Firm FreightRover Reportedly Impacted By Celadon Fraud Scam

PYMNTS

It hasn’t exactly been the best of times lately for FreightRover , at least not when it comes to legal drama and company leadership. PYMNTS readers might recall that late last year, FreightRover secured $500 million in financing to fuel its factoring operations, with the capital coming from Crayhill Capital Management.

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New Greenlight Financial Round Pushes Valuation Past $1.2B

PYMNTS

My wife and I trust Greenlight to give us the modern tools to teach our children how to manage money,” said Gardiner Garrard, founding partner at TTV Capital, a prior investor that co-led the latest round. “Greenlight’s rapid growth is a testament to the value they bring to millions of parents and kids every day.

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