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Software Co BigCommerce IPO Soars 183 Pct

PYMNTS

BigCommerce , which works in software for online business operations, saw its value rise by 292 percent after an initial public offering (IPO) for $216 million was priced above a target range, according to a report by Bloomberg. exchange for a company raising at least $100 million, according to Bloomberg’s data. 4) for $24 each.

Software 194
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PayPal Will Buy Hyperwallet In $400 Million Deal

PYMNTS

The deal will give PayPal greater strength in eCommerce and online marketplaces, PayPal said in a statement. Marketplace sales accounted for 50 percent of all online sales in 2017, according to an estimate provided by PayPal. Hyperwallet has offices in Austin, London, San Francisco, Sydney and Vancouver.

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

PYMNTS

Based in Austin, Consero provides businesses with a Finance as a Service suite of solutions: outsourced CFO and bookkeeping services, combined with its financial management platform SIMPL. The company secured $50 million in private equity funding from BV Investment Partners, Built In Austin said this week. Consero Global.

Austin 100
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Apart-Hotels Turn Apartments Into Boutique Lodging

PYMNTS

Alternatively, they can find the company through online travel agencies (OTAs) such as Expedia, Hotels.com and Booking.com by searching for a particular property. Locale currently lists locations in Austin, Houston and Nashville on its website. To book one of the company’s apart-hotel units, travelers can use a few different channels.

Nashville 139
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B2B Venture Capital: Corporate Social Media, Marijuana Procurement, and Big Data

PYMNTS

Perfios operates in both the B2B and B2C markets and provides financial institutions and FinTechs with solutions to aggregate and analyze financial data for the purpose of streamlining loan decision making. The company provides a B2B eCommerce platform for cannabis retailers to procure product online while ensuring legal compliance.

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The Top 20 Venture Capitalists

CB Insights

15 of the top 20 operate in the Greater Bay Area. He received his MBA in 1993 from UT Austin before joining Credit Suisse First Boston as an Equity Research Analyst, where he focused on computer hardware and software. Operating Location: San Francisco, CA. Operating Location: San Francisco, CA. BILL GURLEY.

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Levi Goes ‘Soft And Stretchy’ In A Rigid Retail Market

PYMNTS

Consumers want everything these days, from online shopping with one-click ordering and fast delivery to an exciting and high-tech shopping experience at physical stores. million secured term loan, which comes due in 2020. The Austin, Texas-based retailer is hoping to sell 109 Golfsmith stores in the U.S. Sears Holdings Corp.

Retail 100