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Austin Is Bringing The FinTech Heat

PYMNTS

That couldn’t ring truer for the state’s capital, which many consider to have a tech scene bursting with potential and growth. Though Austin may fall in the shadows of bigger U.S. Before we jump into the post, here are a few quick facts about Austin and its tech scene: Austin has an estimated population of approximately 931,830 people.

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BigCommerce Increases IPO Pricing Window To $21-$23 Per Share

PYMNTS

Online shopping technology provider BigCommerce Holdings is increasing its potential pricing and appended insider selling as it plans to go public, according to reports. BigCommerce Holdings, which was started in 2003 and is based in Austin, Texas, registered $120 million in revenue for the 12-month period that concluded on March 31.

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Sweetgreen Closes $150M Funding Deal On A $1.6B Valuation

PYMNTS

Restaurant disruptor sweetgreen raised $150 million in a new funding round co-led by Lone Pine Capital and D1 Capital Partners, sweetgreen said in a press release on Monday (Sept. The new funding will enable sweetgreen to advance technology and supply chain while also addressing its social impact.

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Upcoming Celent discussion at the American Banker Retail Banking conference

Celent Banking

Next week I will be moderating a panel discussion at American Banker´s Retail Banking Conference in Austin about the competitive pressures of community institutions. Consumers now expect a certain basic level of technological capabilities driven by their experiences across other industries. Even labor saving technology (e.g.

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B2B Finance As A Service Tops This Week’s VC List

PYMNTS

The big B2B venture capital news of the week was Augmentum Fintech’s trio of investments, signaling the company’s focus on the B2B FinTech market — but it wasn’t the only firm targeting this startup space. The company secured $50 million in private equity funding from BV Investment Partners, Built In Austin said this week. OfBusiness.

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SXSW Accelerator Fintech Finalists for 2017 Announced

Bank Innovation

More fintech is coming to Austin. Austin is known for having a thriving Read More. The massive South by Southwest conference and festival features startups in a number of categories — transportation, augmented/virtual reality, and of course fintech — plus several others.

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5G Isn’t The Only Digital Communication Game In Town

PYMNTS

The new 5G mobile network technology is getting its first deployments, but that’s not the only communications game in town. A technology that tracks lost scooters people rent could play a role in the coming years in digital retail and payments, at least going by recent reports. Telco Alternative.

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