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Bank Product Profitability and Productivity

South State Correspondent

We focused mainly on customer profitability and used risk-adjusted return on capital as a proxy for profitability. Through this understanding of profitability and productivity, bank managers can set better strategies and tactics plus start to optimize the allocation of capital. Both banks, for example, had about $150B in deposits.

Study 195
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Klook CPO Liu Outlines Travel Booking Platform’s Global Expansion

PYMNTS

Having $1 billion in bookings and more than 200 destinations globally – those are big numbers, to be sure, but these are not stats gleaned from an airline. The Series D round, which includes investors as far-flung as Sequoia Capital China, Goldman Sachs and others, brought in a total funding of $300 million to date.

Regional 103
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Capital Float Tops Up Capital Raise

PYMNTS

India-based SME lender Capital Float has added a bit of funding to its books thanks to a $2.3 According to Capital Float cofounder Sashank Rishyasringa, the deal brings the total raised for Capital Float in 2016–2017 to $9.2 The company has secured significant venture capital, too. million through this route.

Capital 122
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Travel Firm Booking Invests $500M In Didi Chuxing

PYMNTS

Chinese ride-hailing company Didi Chuxing has received $500 million in funding from Booking Holdings. dollars on its balance sheet after it raised $4 billion in new capital late last year. In addition, Didi customers can book hotels through Booking.com and its sister site Agoda.

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Drip Capital Aims To Create Trade Finance Network For Cross Border Buyers, Suppliers

PYMNTS

As the holiday shipping delay season fades into the books, the feeling of ordering something and doubting its arrival should be fresh in the minds of American consumers. And enter Drip Capital , the middleman that serves as the financial grease that enables trade to flow, easing concerns of both buyers and suppliers.

Capital 259
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How Consumer-Style Business Travel Platforms Can Streamline Booking

PYMNTS

That option is not always available with the traditional suspects for business travel booking, like travel agents or online travel agencies (OTAs). As a result, Avi Meir sought to build a better business travel booking experience when he helped found Travelperk. That process is often slow and time-consuming.

Policies 115
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Small business lending insights Vol. 1

Abrigo

Recent data and trends of the small business lending market SMB Lending Insights is a snapshot of current financial trends and metrics that impact small and medium-sized business (SMB) lending and financial institutions. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 195