PYMNTS

JANUARY 26, 2021

Hong Kong’s travel and leisure booking platform Klook has closed a $200 million Series E funding round led by Aspex Management , with participation by Sequoia Capital China , SoftBank Vision Fund, Matrix Partners China and Boyu Capital , according to a press release.

Capital 241

Capital Maine Regional Innovation 241

PYMNTS

NOVEMBER 20, 2020

Chromo Capital co-led the deal. Also participating were Perry Capital, founded by Richard C. Perry, and new fund Bramalea Partners, launched by Andrew Boyd, former head of global equity capital markets at Fidelity Investments.

Capital 253

Capital Online Industry Strategy 253

PYMNTS

APRIL 26, 2019

Capital One Financial posted results that were higher than Street estimates as its core card business grew, as did commercial lending activity. In reference to credit card operations, the company said that as average loans were up $2 billion, purchase volume was up eight percent, and the revenue margin of 16.3 percent.

Capital 145

Capital Cards Lending Operations 145

Insights on Business

MARCH 12, 2019

review of the capital requirements for market risk regulations, namely the Fundamental Review of the Trading Book (FRTB). It becomes effective in 2022, but banks should now, more than ever, implement the proposed changes in order to meet the deadline for reporting their Pillar I capital under the new methodologies.

Capital 79

Capital Regulation Strategy Operations 79

Lars Markull

DECEMBER 29, 2019

The year is coming to an end and like last year ( My books in 2018 ), I am blogging about the books I have read this year. Initially, my goal was to read 52 books (one per week), however, I changed my mindset already in the first half of the year. These were my books in 2019: Based on a real story. Recommended.

Trends 40

Trends San Francisco Leadership Maine 40

Lars Markull

DECEMBER 29, 2019

The year is coming to an end and like last year ( My books in 2018 ), I am blogging about the books I have read this year. Initially, my goal was to read 52 books (one per week), however, I changed my mindset already in the first half of the year. These were my books in 2019: Based on a real story. Recommended.

Trends 40

Trends San Francisco Leadership Maine 40

PYMNTS

MARCH 1, 2016

The decision to pare back operations in Africa — where the company will sell off much of its 62 percent ownership in publicly traded Barclays Africa — represents what The New York Times said was a step back from one of the key pillars of Barclays’ long-term strategy, right in lockstep with credit cards and investment banking.

Operations 100

Operations Strategy United States Regional 100

PYMNTS

NOVEMBER 27, 2020

It was a slow week for B2B FinTech venture capital investments, though the industry still managed to pull more than $46.8 SourceSage said it plans to use the investment to expand its management team and for overall expansion as it positions itself to help B2B businesses launch their eCommerce operations and go digital. Credit Key.

Fintech 176

Fintech Capital Operations Analytics 176

PYMNTS

JANUARY 12, 2021

Payment operations software company Modern Treasury raised $38 million through an Altimeter Capital-led Series B funding round, according to a Tuesday (Jan. 12) announcement. The company says that over $18.5

Payments 182

Payments United States Software California 182

PYMNTS

OCTOBER 21, 2020

The company said the new funding will “provide capital, as well as access to KKR’s operational resources and global network.” Jon and team have proven they can deliver explosive growth with impressive capital efficiency.”. This whole year has been great for drive-to travel, of all forms,” Gray said at the time. “If

Ohio 150

Ohio Capital Resources America 150

PYMNTS

JANUARY 13, 2021

The company said $15 million of that amount is an extension of a $100 million round from June to boost interest from new investor Pelham Capital alongside the company's existing investors, the post stated. With the proceeds, the company plans to speed up its Software-as-a-Service (SaaS) platform and expand worldwide, according to the post.

Software 171

Software Analytics Capital Marketing 171

PYMNTS

JANUARY 24, 2020

While businesses have more sources of capital than ever before, from bank loans to initial coin offerings to alternative online investments, experts are urging small to medium-sized businesses (SMBs) to take a strategic approach to their fundraising efforts — often by combining a variety of funding sources to mitigate risk. Flutterwave.

Fintech 198

Fintech Capital San Francisco Georgia 198

PYMNTS

SEPTEMBER 26, 2019

The travel and lifestyle platform has received investments from the likes of JD.com, Sequoia Capital and Hillhouse Capital, according to Deal Street Asia. Currently many Indonesian consumers are forced to book their flights and hotels last minute due to the lack of credit access typically provided via credit cards,” Hendrawan said.

Cards 158

Cards Conference Capital Online 158

PYMNTS

MAY 31, 2020

The companies on the defensive right now also include venture capital-backed rental companies and vacation rental apps like Airbnb. Vacation rental companies, backed by venture capital funds, include names such as Washington state-based Stay Alfred, San Francisco-based Sonder, and Airbnb-backed companies like Zeus Living and Lyric.

San Francisco 181

San Francisco Washington Capital Report 181

PYMNTS

MARCH 5, 2020

Joseph LaForte, of short-term capital provider Par Funding, said this week that his company will be providing a new product to help small- to medium-sized businesses (SMBs) with cash flow issues, according to a press release. The product is open to SMBs that have other factors on their books.

Capital 130

Capital Resources Operations Payments 130

PYMNTS

JANUARY 25, 2021

Plus, British travelers age 55 and older are powering a formidable rise in trip bookings. One idea is a 9 percent core capital mandate on the top tier. 55-Plus Group Lends Optimism To Travel Operators. Reserve Bank Of India Wants To Crack Down On Big Shadow Lenders. Foreign Companies Abandon US Investments In Favor Of China.

United States 217

United States Regulation Payments Lending 217

PYMNTS

DECEMBER 30, 2019

Merage and his company, MIG Capital , based in Newport Beach, California, disclosed the 5 percent stake in the eCommerce company, the reason for which was that the stock was “undervalued, and represented an attractive investment opportunity,” he said. He is also seeking a seat on Groupon’s board.

Capital 130

Capital California America Branding 130

PYMNTS

JANUARY 15, 2021

Despite a slowdown in corporate travel, expense management and travel booking technology provider SalesTrip still managed to impress investors, which pumped $1.4 Its micro-financing portal targets SMBs that cannot access capital via traditional means. Sequoia Capital India led the Series A investment, TechCrunch reported.

Capital 167

Capital Fintech Operations Technology 167

PYMNTS

OCTOBER 14, 2020

Additional new and existing investors include Reinvent Capital, Menlo Ventures, SoftBank, Braemar Energy Ventures and others. With this funding, we’ll further develop Getaround’s unique connected car technology, Getaround Connect, which enables our fully contactless booking and pickup experience,” said Zaid, chief executive officer.

Customer Experience 242

Customer Experience Meeting Capital Groups 242

PYMNTS

MARCH 27, 2020

It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. Venture Partners, while existing backer Chicago Ventures and newcomer Soma Capital also participated, according to a press release. ”

Cards 181

Cards Fintech Capital California 181

Jeff For Banks

JULY 19, 2020

Excess Capital 3. I defined excess capital as top quartile tangible equity to assets for the most recent year ended 2019. Interestingly I could find no material difference in price to tangible book and price to earnings ratios to the median of all of the Measured Banks. Santa Cruz traded at 112% of tangible book and 8x earnings.

Lending 109

Lending Capital California Taxes 109

PYMNTS

APRIL 3, 2020

Bookings were off up to 90 percent in particularly hard-hit regions, data from independent monitoring firm AirDNA indicated. Chesky also made a point of telling staff that other travel booking services were suffering from a downturn due to the coronavirus. Airbnb has raised $4.4 billion in 15 founding rounds. .

Regional 140

Regional Meeting Capital Report 140

PYMNTS

MAY 30, 2018

Daimler , the German carmaker that owns Mercedes-Benz , has acquired a stake in Taxify , the ride-booking startup, in a round of fundraising that gives Taxify a valuation of greater than $1 billion. The goal is to launch in “tens of cities” during the course of the next few years and also scale the locations it is already operating in.

Capital 100

Capital Leadership Operations Course 100

Jeff For Banks

DECEMBER 10, 2023

I call this "pulling into the pits" in my book: Squared Away-How Can Bankers Succeed as Economic First Responders. Total return includes two components: capital appreciation and dividends. The bank was founded in 1907 and has operated continuously since 1908 with branches in Durham, Raleigh, Charlotte, Greensboro, and Winston-Salem.

Fresno 107

Fresno North Carolina Raleigh FDIC 107

PYMNTS

JANUARY 5, 2020

Amazon also has pop-up stores at select locations, book stores and 4-Star , which offers a curated selection of top-selling Amazon items. Last year, RBC Capital Markets estimated that Amazon Go’s average annual sales at each of its nine stores would hit $1.5 and Britain including subsidiary Whole Foods and cashierless Amazon Go.

Atlanta 133

Atlanta Marketing Capital Retail 133

PYMNTS

NOVEMBER 12, 2020

banking-as-a-service (BaaS) Startup Railsbank closed a $37 million funding deal co-led by MiddleGame Ventures and Ventura Capital. as well as 21 European Union (EU) countries — sent a letter to antitrust regulators asking that they throw the book at Google as fast as possible. Afterpay Rolls Out BNPL Cross-Border Pay For Merchants.

Google 193

Google Payments Regulation Branding 193

PYMNTS

NOVEMBER 27, 2018

Australia-based challenger bank Judo Capital has raised more than $250 million from Credit Suisse Australia, according to reports. Business Insider Australia said Monday (November 26) that Credit Suisse has provided the credit facility worth AUS$350 million to fuel Judo’s small business lending operations. billion USD].”.

Lending 134

Lending Capital Fintech National 134

Jeff For Banks

JULY 28, 2018

One of the investors' opening remarks was about banks that were over-capitalized. But there were enough open jaw gapes to see that many bankers share the regulatory belief that there is no such thing as too much capital. But, as Derek pointed out, it is a highly effective use of excess capital when the bank believes it is undervalued.

Capital 60

Capital Austin Strategy Regulation 60

PYMNTS

MARCH 13, 2020

As Bloomberg reported Friday morning, at least one operator, Carnival , had hoped to keep passengers coming on deck by offering credits of up to $200 to those who go ahead with the planned trips. The incentive is available for people with cruises that are booked between March 6 and May 31. told Bloomberg.

Course 140

Course Cards Examples Operations 140

South State Correspondent

APRIL 6, 2022

Making loans is central to your bank’s operations, and lending has a compounding effect on profitability. Change 1: Cost of Capital and Capital Allocation. Back in 2020, banks’ capital cost was at a record low as it averaged a little under 6% for the industry. A 15% RAROC target equates to about a 1.7%

Capital 195

Capital Training Management Atlanta 195

PYMNTS

AUGUST 28, 2017

“We did some research and found out that the majority of businesses in the beauty industry operate offline, without any software at all. still manage their bookings with pen and paper,” Shedul co-founder and CEO William Zeqiri said in an interview. Shedul’s offering is deeper than just appointments and bookings.

San Francisco 119

San Francisco Software Capital Maine 119

South State Correspondent

JANUARY 4, 2023

Because many banks are now producing below their cost of capital, growth further exacerbates their issues and drives them out of business (likely through a sale) faster. In addition, they may consider focusing on these five critical areas: Improve Operating Leverage. Remember all those five-year fixed-rate loans you booked at 4%?

Community Bank 195

Community Bank Capital Training Lending 195

PYMNTS

JANUARY 26, 2020

Previous investors Global Founders Capital, Comcast Ventures and Trinity Ventures also gave money. Among the fastest-growing hotel brands, Life House has over 800 beds and 25 hotels that are expected to be operational by early next year. . Its website directly garners more than 65 percent of its bookings. .

Branding 130

Branding Software Operations Capital 130

PYMNTS

AUGUST 22, 2019

Digital parking company SpotHero has raised $50 million in a series D funding round led by Macquarie Capital , according to a release. . Other participants in the round included Union Grove Venture Partners, and previous investors Insight Venture Partners, Global Founders Capital and others also invested again.

Company 116

Company Capital Mobile Leadership 116

PYMNTS

JUNE 17, 2020

Expensify Links Cards To Booking. The company recently announced the rollout of its Concierge Travel tool, which connects businesses that use the Expensify Card to a travel booking tool. Once booked, the trip can be paid for via the Expensify Card, with transaction details automatically captured for reconciliation and reporting.

Cards 169

Cards Management Tools Report 169

PYMNTS

FEBRUARY 25, 2019

As such, they can struggle to organize flight bookings, handle payments, manage trip expense records and more. The solutions are designed to enable non-employees to book flights, hotel rooms and car rentals through Pana’s platform, while paying for each one via virtual cards generated by AirPlus.

Management 122

Management Software Resources Mobile 122

PYMNTS

AUGUST 27, 2019

Funds also came from Liberty Mutual Strategic Ventures, Active Capital Partners, Florida Funders, Deepwork Capital and Engage. Individual workers can book most jobs in under a minute on average from within Homee’s app, while larger operations can track teams of crewmembers.

Tampa 128

Tampa Florida United States Capital 128