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Big Data Firm Palantir Prepares For Potential IPO

PYMNTS

Known as the oldest startup in Silicon Valley, the data analytics software company said in a press statement that it has filed confidential paperwork with the U.S. Securities and Exchange Commission (SEC) informing the agency of its plans.

Big Data 131
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China B2B FinTech Nabs The Venture Capital Spotlight

PYMNTS

Yet, small business (SMB) banking wasn’t the only highlight of this week’s B2B venture capital roundup, with the two largest fundraises showcasing China’s rising B2B FinTech ecosystem in areas like expense management and invoicing.

Capital 101
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Tel Aviv Fuels Israel’s ‘Startup Nation’ Reputation

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Israeli expertise in cryptography and Big Data, gained in the world of security and defense, is now proving itself useful in the financial world, allowing for better, safer and more efficient ways to perform trusted transactions without intermediaries,” Keidar said. Acceleration In the Startup Nation.

National 101
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VCs And SPACs Raise $1B+ To Invest In Cloud, AI And More Despite Pandemic

PYMNTS

Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Kibo added, “We love global companies with very capital efficient structures.”.

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Rethinking The SME Loan Underwriting Model In Southeast Asia

PYMNTS

Traditional banks will require credit histories and collateral to underwrite a small business loan, both of which many SMBs in Southeast Asian nations lack. It’s a self-perpetuating scenario that keeps barriers to capital in place. Asymmetric Information Exchange.

Data 193
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Alt-Lending Regulation Fears Won’t Stop Investors

PYMNTS

million in B2B venture capital was divided among alt-finance, supplier payments and Big Data services startups this past week. with the latest figures stating that the industry has lent $943 million in the nation to SMEs in just the first quarter of this year. Find out how the more than $26.5 Alternative Lending.

Lending 100
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Cybersecurity Firm Cybereason Snags Another $200M From SoftBank

PYMNTS

This latest round of funding brings Cybereason’s total amount raised to approximately $400 million, with previous investors including CRV, Spark Capital and Lockheed Martin, according to a press release. Cybereason has announced it has received a series of investments and commitments totaling $200 million by SoftBank Group Corp.

Boston 115