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Digital Car Insurer Metromile To Go Public Through Merger With INSU II

PYMNTS

Investors Social Capital, Hudson Structured Capital Management, Miller Value, Clearbridge and Mark Cuban have committed to investing $160 million through a private placement of INSU II Class A common shares. Morgan Securities, Wells Fargo and Northland Capital Markets. Morgan served as financial adviser to Metromile on the deal.

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Taking A Data-Driven Approach To Meeting CU Members’ Banking Needs

PYMNTS

CUs that are adapting to an online-only banking reality thus also have to keep an eye out for more fraud schemes and are turning to technologies such as machine learning (ML) and data analytics to keep online data and transactions as secure as possible. Deep Dive: Emerging CU Fraud Threats And How Data Analytics Can Help.

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Keap Partners With Stripe For Small Business Payments

PYMNTS

Keap, an Arizona-based customer relationship management (CRM) software and marketing platform for small business, announced a partnership with Stripe on Monday (March 30). At Keap, we understand that getting paid can be one of the biggest challenges as a small business owner,” said Keap Co-Founder and CEO Clate Mask.

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Theranos Thrashed By Investor Law Suit

PYMNTS

The suit was filed by San Francisco-based Partner Fund Management in Delaware Court of Chancery on Monday October 10. The letter accuses Theranos, founder Elizabeth Holmes and a former executive of deception by claiming that “proprietary technologies that worked” had been developed and were close to regulatory approval.

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Data Dive, Summer Heat Edition: Venmo Speeds Up, Amex Branches Out And Walmart Takes A Pass

PYMNTS

Arizona temps grounded flights last week when they got about 120, and even the Pacific Northwest saw temperatures get up over the 100 mark in Portland. And if you can’t stay cool this summer – and odds are if you’re reading this from Arizona you can’t – we can at least keep you very well informed. But as for the lazy, well not so much.

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Senate Grills Facebook’s Marcus Over Libra

PYMNTS

Brown was far from the only voice on the committee during the hearing with sharp words for the manager Facebook sent. should “absolutely” lead the way when it comes to creating global cryptocurrency structures — and further asserted it is Facebook’s belief that blockchain technology is inevitable and it falls to the U.S. Arizona Sen.

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The United States Of Startups: The Most Well-Funded Tech Startup In Every US State

CB Insights

Using the CB Insights database, we identified the most-well funded VC-backed technology startups by state based on disclosed equity funding. The others include: Vox Media , Magic Leap , GreenSky , Avant , DraftKings , Duo Security , Infor , AvidXChange , and Domo. Tilson Technology Management. Tenable Network Security.