article thumbnail

Perficient to Present at Fintech Generations 2021

Perficient

Perficient is excited to announce that Fintech Generations 2021 , a global fintech thought leadership event that takes place June 7-11, will feature Scott Albahary, chief strategist, financial services. RevTech Labs alumni have raised over $2 billion in venture capital and have had more than $230 million in company exits.

Fintech 462
article thumbnail

Amidst a Global Crisis, Cloud Technology Trends for 2021 Emerge

Perficient

If your organization is looking to capitalize on cloud technology in 2021, here are a few trends to keep in mind. With many organizations planning or already engaged in some form of digital transformation, it is not surprising that the global public cloud infrastructure market is projected to grow 35% to $120 billion in 2021.

Insiders

Sign Up for our Newsletter

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

article thumbnail

Will SPACS Be Back (With A Bang) In 2021?

PYMNTS

Thus far in 2021, as of this writing, there have been 27 SPAC IPOs, according to the site, which have generated $6.6 In only one example noted in this space, as reported this week , tech startup Social Finance (SoFi) is closing a merger deal with blank-check firm Social Capital Hedosophia Holdings Corp. billion in gross proceeds.

Capital 237
article thumbnail

Bain Capital Nets $800M For Business Impact Funding

PYMNTS

Bain Capital has raised $800 million for a social impact fund — a category of investment vehicles whose stated objectives are to advance social or corporate governance policies in addition to turning profits, the Wall Street Journal reported. The managing director was former Massachusetts Gov. billion through Nov. 20 compared with $76.2

Capital 188
article thumbnail

How to Manage Your Efficiency Ratio with Loan Size

South State Correspondent

The banking industry’s average efficiency ratio worsened for the first time since 2021. Further, banks could achieve much greater credit diversification by managing the industries and geography they lend to than by managing loan size. That is, bank managers should incent the desired portfolio construction.

article thumbnail

Small business lending insights Vol. 1

Abrigo

The negative correlation of funded business loans to the Fed funds rate is a staggering 86% as businesses weigh their needs for capital against expensive debt and lenders aim to limit risk. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 195
article thumbnail

Navigating Economic Uncertainty with Cisco Capital

Cisco

Since preserving capital will remain a top priority, decision makers will need to look for options that allow them to maintain or increase IT capabilities while keeping monthly spending to a minimum. Cisco Capital and Cisco Refresh , which offer global payment and lifecycle management solutions, were created to enable customers and partners.

Capital 116