CB Insights

MARCH 20, 2019

From e-commerce to software to payments, several companies with $1B+ valuations exited in 2018. Using CB Insights data, we identified the startups with a $1B+ valuation that exited in 2018. We’ve also covered 2018’s 14 European unicorns , 37 Chinese unicorns , and 55 US unicorns.). Meituan Dianping.

Company 70

Company San Francisco Capital Software 70

PYMNTS

SEPTEMBER 20, 2019

The company reportedly has over one million registered users and has grown its revenue by over 200 percent from 2017 to 2018. This investment round provides us with the necessary capital to further increase the accuracy of our technology, which is really exciting.

Security 122

Security Branding Maine Online 122

PYMNTS

JUNE 22, 2020

Securities and Exchange Commission (SEC) on Monday (June 22), the North Carolina-based company said it plans to raise $100 million. percent of total revenues) in fiscal 2018, representing a 64.7 The company recorded net losses in fiscal 2018, 2019 and 2020 of $18.6 In its initial public offering (IPO) filing with the U.S.

North Carolina 150

North Carolina Capital Software Security 150

PYMNTS

SEPTEMBER 18, 2018

And in lending, with the financial crisis in the rearview mirror, a decade on, invention – okay, innovation – has become a hallmark, at least in some corners. Much has been said about the wealth effect of those who held and hold stock market securities, and much has been written about income disparity. Invention can become necessity.

Lending 148

Lending Innovation Fintech Cards 148

PYMNTS

JUNE 18, 2020

as well as Durable Capital Partners LP in addition to current investors, accounts and funds that T. The company said the funds will help with new offerings that assist its retailers in handling the evolved operating climate as well as provide diners with secure and accessible ways to transact. Rowe Price Associates, Inc. among others.

Capital 141

Capital Community California Maine 141

PYMNTS

SEPTEMBER 3, 2018

Almost 33 years ago, David Letterman introduced his singular innovation in stand-up comedy: the Top 10 List. Since we would hate for anyone to go into the end of 2018 behind the eight ball, we decided to pay tribute to both a great bit and a great deal of news with our own top 10 list of the biggest news of summer 2018.

Branding 100

Branding Cards Fraud Marketing 100

PYMNTS

JULY 15, 2020

Coconut has previously brought in growth capital through the site. million) in funding in 2018. The company had initially aimed to raise 700,000 pounds ($881,000) at a valuation of 12 million pounds ($15.1 million), Crowdfund Insider reported. It notched 1.8 million pounds ($2.27

Maine 160

Maine Tools Report Capital 160

PYMNTS

FEBRUARY 19, 2019

Account takeovers are becoming bigger business for criminals — or, at least, the business of preventing account takeovers in the digital retail and payments realm is becoming an increasing focus of companies and security experts. The new capital will help fuel hiring and other growth, the company said. Fraud Prevention Innovation.

Retail 118

Retail Fraud Case Study San Francisco 118

PYMNTS

SEPTEMBER 23, 2019

Bank of America has announced that it has joined the Marco Polo Network , the leading trade and working capital finance network. The network — and its more than 25 member banks — aims to unlock a potential $1.5 trillion opportunity in global trade finance, according to a press release.

America 148

America Capital National Groups 148

Bank Innovation

MAY 10, 2019

Banks and their venture arms increasingly are backing cybersecurity startups, investing in everything from threat intelligence to data security firms, according to a new CB Insights report.

Security 170

Security Data Report Capital 170

PYMNTS

JANUARY 2, 2019

While commercial card innovation certainly accelerated in 2018, progress can always continue. Recent Capital One research also uncovered how sluggish mobile payments adoption has been in the corporate setting. ” Enhancing Security. One area of development that J.P. Following The Consumer Trend. ”

Mobile 211

Mobile Cards Samsung America 211

PYMNTS

MARCH 2, 2018

Toward the start of 2018, analysts began to highlight the potential for venture capital (VC) to embrace the B2B business model. Total venture capital across the global FinTech market between 2010 and 2017 hit a combined $97.7 A report released this week found startups across the U.S., Much of the growth, particularly in the U.S.

Fintech 118

Fintech Capital blockchain Lending 118

Insights on Business

SEPTEMBER 26, 2016

In order to remain relevant to digitally astute and socially active customers, core banking processes, must be more reliable, scalable and secure requiring banks to constantly innovate. Without optimizing existing processes and platforms, it is a drag on creating anything new and innovative.

Innovation 70

Innovation System User Experience Meeting 70

PYMNTS

MARCH 20, 2018

The “Scottish Pacific SME Growth Index,” released twice a year, found the portion of small businesses that said they would use banks for funding declined from 38 percent in 2014 to 24 percent in 2018. At the same time, interest in alternative lenders increased. Nearly half (47.6

Fintech 118

Fintech Lending Survey Innovation 118

PYMNTS

DECEMBER 30, 2019

Japanese business to business (B2B) payments firm JCB is partnering with Singapore blockchain technology provider Keychain to capitalize on using blockchain in the payments space, JCB announced in a press release. Keychain is developing an innovative data security framework targeting the financial, industrial and enterprise spaces.

blockchain 102

blockchain Payments Security Cards 102

PYMNTS

DECEMBER 20, 2017

million in new venture capital (VC) funding. 18) reports from TechCrunch said AxleHire — which facilitates last-mile logistics and delivery for subscription commerce and consumer packaged goods (CPG) firms like HelloFresh and La Boulangerie — has secured the new funding from contributors like Acorn Pacific, RGA Ventures and other backers.

Los Angeles 112

Los Angeles San Francisco California Operations 112

PYMNTS

JUNE 6, 2019

Credit unions (CUs), meanwhile, are rarely the first point of contact for small businesses in need of capital or other financial services, according to a recent Federal Reserve report. Rather, payments and security have emerged as top focuses, according to the Credit Union Innovation Playbook.

Lending 129

Lending Analytics Data Security 129

PYMNTS

FEBRUARY 9, 2017

2018 to comply with the new rules, are at the same time pressured to promote innovation and enable faster, more agile payment services, Capgemini said. The new platform, hosted on Amazon Web Services Cloud, enables banks to comply with PSD2 rules and support the development of innovative financial services.

Compliance 100

Compliance Innovation Regulation Payments 100

PYMNTS

MAY 25, 2018

Rover , the world’s largest network of pet sitters and dog walkers, has announced that it secured $125 million in new capital. Other key investors include Winslow Capital and Cross Creek, while existing shareholders TCV , Greenspring Associates and Spark Capital also participated. The funds and accounts were advised by T.

Capital 100

Capital America Company Industry 100

Independent Banker

JULY 31, 2022

In partnership with Nymbus, the bank’s custom digital platform is built on a secure cloud-native core banking system with an open API architecture. While many banks are utilizing technology and trying to be innovative, they are doing so on an existing legacy structure that is too expensive, painful and ingrained in their culture to change.”.

Florida 91

Florida Community Bank Community FDIC 91

PYMNTS

OCTOBER 6, 2017

The small business loan market is oversaturated, she argued, creating a “FinTech credit bubble” that first showed signs of deflating as investors pulled out of some players like CAN Capital and LendingClub in 2016. Indeed, the remainder of 2017 and 2018 will see more partnerships between the banks and FinTechs.”. Alternative Lending.

Lending 152

Lending Capital Marketing Report 152

PYMNTS

AUGUST 20, 2020

This week’s exploration of the latest in payment rail innovation finds industry heavyweights like Visa, SWIFT and NACHA eyeing speed and data to add value to both new and legacy payment infrastructures. Businesses Ready To Jump Into RTP. . ” AscendantFX Eyes Payment Tracking With gpi.

Groups 252

Groups Payments Survey Data 252

Bank Innovation

MARCH 1, 2019

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

Fintech 170

Fintech Financial Technology Technology Operations 170

PYMNTS

MAY 1, 2020

The best way today’s businesses can digitize their payment processes is by transitioning to innovative platforms that work with existing systems and do not require large infrastructure investments or changes to current processes.”. postal mail, using APIs that work with existing software.

Payments 132

Payments Tools System Online 132

PYMNTS

JULY 9, 2019

Ireland and Italy, Soldo said it secured the latest funding, to the tune of $61 million, from U.S.-based based Battery Ventures, as well as Europe’s Dawn Capital and Accel. Soldo, a company offering corporate spend management solutions, has announced a Series B funding round, according to a Monday (July 8) report in Yahoo!

Management 100

Management Strategy Capital Payments 100

PYMNTS

FEBRUARY 28, 2019

In a press release , the company said the round of funding was led by Scale Venture Partners and included participation from existing investors Commerce Ventures, Flint Capital, Two Sigma Ventures and Synchrony. New investor Sorenson Capital also joined the round. The funding comes on the back of a good year for Socure in 2018.

Fraud 119

Fraud Capital Analytics Digital Banking 119

PYMNTS

MAY 2, 2019

Last year saw record levels of venture capital pumped into cybersecurity startups, and researchers at Gartner expect companies to increase cybersecurity spend by 9 percent between 2018 and 2019, reaching $124 billion. Organizations’ cybersecurity investments may be giving firms a false sense of security.

Survey 139

Survey Policies Data Security 139

CB Insights

APRIL 25, 2018

Select investors: F-Prime Capital, FundRx, Optum Ventures. Select investors: Nielsen Innovate, Pereg Ventures, New York Angels. Select investors : Founders Fund, Thrive Capital, SV Angel. Total disclosed funding : $9M. Select investors : Sound Ventures, Precursor Ventures, Rough Draft Ventures. Total disclosed funding : $1M.

Company 49

Company Colorado Mobile New York 49

CFPB Monitor

AUGUST 7, 2018

On August 3, 2018, Arizona began accepting applications for its regulatory sandbox that “enables a participant to obtain limited access to Arizona’s market to test innovative financial products or services without first obtaining full state licensure or other authorization that otherwise may be required.”

Arizona 68

Arizona Innovation Lending Fintech 68

PYMNTS

AUGUST 24, 2016

According to Financial Times reports, the consortium is working to jointly pitch the premise to central banks with an eye toward a 2018 launch. Today trading between banks and institutions is difficult, time-consuming and costly, which is why we all have big back offices,” said Julio Faura, head of R&D and innovation at Santander.

Bitcoin 100

Bitcoin blockchain System Capital 100

PYMNTS

DECEMBER 20, 2017

The company announced this week that it deployed a “blockchain-inspired” technology to manage collateral in its ledger and facilitate the sending of cash and securities. Currently,” Citi explained in its announcement, “banks have to set aside capital as they wait for collateral to be settled.

blockchain 135

blockchain Cyber Security Groups Regulation 135

Bank Innovation

FEBRUARY 1, 2019

E-commerce giant Amazon mentioned its cloud computing platform Amazon Web Services, or AWS, 58 times, its virtual assistant Alexa 25 times, and retail just once in its earnings release for the fourth quarter of 2018. Perhaps this is an indicator of where the company sees its future growth potential?

Retail 186

Retail Company Operations Capital 186

Celent Banking

OCTOBER 16, 2015

I was pleased to be invited to speak to CSI’s clients about innovation in banking (more about that later.). Surely Capital One is no nimble start-up — with more than 70 million cards and $80 billion in card balances, Capital One is a top-four credit card issuer. What’s The Hurry? .

Conference 100

Conference Las Vegas Nashville Capital 100

PYMNTS

SEPTEMBER 1, 2017

Don’t let the lack of news about mega-grossing venture capital (VC) rounds fool you. This week’s B2B venture capital activity led to an impressive $141.2 SIG, GGV Capital, Yunqi Partners, Huochebang, SKy9 Capital and Chuangban Investment also participated in the funding round, reports said. TravelBank.

Fintech 135

Fintech Capital Groups Analytics 135

PYMNTS

FEBRUARY 26, 2020

For example, a Comcast Wi-Fi network would not currently be able to integrate a separate network that operates a home security system or a smart refrigerator that connects to a phone app. percent) between 2018 and 2019. As TIP explains it, most residential Wi-Fi networks operate independently. percent to 14.5 percent (from 14.4

Software 140

Software Study Technology Analytics 140

PYMNTS

DECEMBER 28, 2018

With FinTechs offering clients a range of easy-to-use, sophisticated products, banks in 2018 were pressured to react to small businesses’ demand for advisory services — not just data, and not just digital platforms. Bank technology provider nCino has kept this challenge in mind throughout 2018. with FinTechs. we’re even seeing?

Fintech 177

Fintech Customer Experience Tools Technology 177

Bank Innovation

MAY 28, 2018

Voice banking has been touted as the technology to watch in 2018 (even on this very site), but two developments this week show the new technology has significant challenges to overcome. Whether or not consumers choose to engage in "voice banking," the risks are growing.

Technology 199

Technology Capital Online Security 199