PYMNTS
JUNE 7, 2017
Until now, the Alabama startup had not made any move to topple the reigning grocery delivery champs out of major coastal cities like New York and Los Angeles, but now that can finally change. Shipt has raised $40 million in venture capital on top of last year’s funding as initial investors doubled down on their contributions.
American Banker
FEBRUARY 5, 2020
The Mississippi company will pay $49 million for Traders & Farmers Bancshares.
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South State Correspondent
MAY 23, 2023
This data is critical for pricing, capital allocation, and marketing. The operative question is when commercial PODs will show a spike. Regarding volatility, Alabama is projected to have the most significant variability in credit, while Connecticut is expected to have the most minor variability.
PYMNTS
JUNE 27, 2016
While the tool initially launched in March , reports said OnDeck expanded this aspect of its operations this month across Kentucky, Florida and Alabama. ” OnDeck facilitates access to working capital of up to $500,000 for accountants’ SMEs with the program. .
PYMNTS
APRIL 10, 2020
While they will lack the sheer financial clout of federal assistance, they are starting to offer strategies beyond capital infusions that will assist in restarting small business when the crisis passes. In Birmingham, Alabama a public private partnership is creating a fund to support small businesses through low-interest loans.
PYMNTS
JULY 28, 2016
We seek to partner with capital-efficient businesses that are on rapid growth trajectories and look forward to working with Shipt and playing a role in the continued advancement of the company.”. Founded and based in Birmingham, Alabama, Shipt launched in Nov.
PYMNTS
SEPTEMBER 6, 2018
The Chicago-based startup sells salads and other meals via vending machines , and plans to double its operations in 2019 after raising $30 million in a Series C funding round. The capital will support hiring and the deployment of up to 500 new machines to St. Louis, Cincinnati and other areas.
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