PYMNTS

NOVEMBER 16, 2020

Securities and Exchange Commission (SEC) for an initial public offering (IPO). The lead book-running managers are Morgan Stanley , J.P. Morgan and BofA Securities , with Deutsche Bank Securities acting as another book-running manager for the proposed offering, the release stated. ai Founder and CEO Thomas M.

Software 201

Software Leadership New York Security 201

Abrigo

APRIL 25, 2024

The negative correlation of funded business loans to the Fed funds rate is a staggering 86% as businesses weigh their needs for capital against expensive debt and lenders aim to limit risk. Almost half sought credit to grow their businesses, and 28% applied to make repairs or replace capital assets.

Lending 195

Lending Trends Capital Strategy 195

PYMNTS

JANUARY 21, 2021

LLC and BofA Securities are serving as joint lead book-running managers and representatives of the underwriters for the deal. Additional book-running managers for the IPO include Wells Fargo Securities, BMO Capital Markets and Deutsche Bank Securities Inc. Goldman Sachs & Co.

Idaho 167

Idaho New York Security Branding 167

The Paypers

AUGUST 17, 2020

Brazil-based digital lender C6 Bank has raked in USD 96 million in fresh capital to grow its loan book.

Capital 28

Capital Security 28

PYMNTS

MARCH 1, 2020

Health tech startup Accolade , with headquarters in Seattle and Philadelphia, filed with the Security and Exchange Commission (SEC) to raise $100 million for an initial public offering (IPO) on Friday (Feb. Lead book-running managers for the IPO included Goldman Sachs, Morgan Stanley and BofA Securities.

Mobile 165

Mobile Philadelphia Seattle Washington 165

PYMNTS

FEBRUARY 27, 2019

.” In its release, Brex pointed to inventory, marketing, software and other business spend categories that are key for eCommerce companies and require access to capital. In October the firm closed a $125 million Series C funding round from Greenoaks Capital, DST Global and IVP, valuing the firm at $1.1

Cards 185

Cards Capital Software Meeting 185

PYMNTS

JUNE 25, 2020

LLC, BofA Securities, J.P. Morgan and Barclays acting as joint lead book running managers, a press release says. The company plans to use the investments to redeem its outstanding Series A preferred stock, to pay off some senior unsecured notes, and for other general working capital and corporate purchases, according to the release.

Analytics 232

Analytics Capital New York America 232

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 The company secured the funding from Hong Kong-based EmergeVest, reports said, while other angel investors also participated. million in fresh funding. SourceSage. Credit Key. Credit Key, a U.S.-based

Fintech 176

Fintech Capital Operations Analytics 176

PYMNTS

SEPTEMBER 2, 2020

If approved by the Canadian Securities Administrators (CSA), the country’s equivalent of the U.S. Securities and Exchange Commission, the stock would be listed on the Toronto Stock Exchange under the “NVEI” ticker. and RBC Capital Markets. The company said it plans to use net proceeds from the offering to repay debt.

Payments 229

Payments Fintech Security Technology 229

PYMNTS

OCTOBER 21, 2020

Swedish peer-to-peer (P2P) lending startup Lendify has secured $115 million in funding from Insight Investment, according to a Bloomberg report on Wednesday (Oct. In the past, the startup was supported by P2P lending and institutional capital. Last year Insight Investment supported the digital lender with a 1.5 billion kronor infusion.

Lending 258

Lending Customer Experience US Capital 258

PYMNTS

FEBRUARY 13, 2020

Only two weeks after Chief Executive Elon Musk indicated that Tesla was not looking to bring in more capital, the electric automaker says it intends to have a $2 billion common stock offering. LLC are serving as lead joint book-running managers. . Morgan Stanley and Goldman Sachs & Co.

Security 130

Security Management Report Capital 130

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

JUNE 2, 2020

Allen & Company, Goldman Sachs, Wells Fargo Securities and BofA Securities are working as underwriter representatives and book-running managers. Baird, Wedbush Securities, JMP Securities, William Blair and Stifel are working as the offering’s co-managers. L Catterton, T.

Security 130

Security Resources Capital Management 130

PYMNTS

NOVEMBER 4, 2020

4), Wang Wenbin, China’s foreign ministry spokesman, said the decision to suspend the Ant Group IPO was made to “better maintain the stability of the capital markets and to protect investors’ interests,” the Financial Times reported. Explaining the move to puzzled investors on Wednesday (Nov.

Lending 240

Lending Groups Regulation Marketing 240

PYMNTS

MARCH 23, 2020

RateSetter , has over 800 million pounds ($924 million) on its loan book. One platform that makes loans against secured property, Assetz Capital, has gotten funding from British Business Investments, which is an arm of the British Business Bank. million) in loans with the new capital.

Lending 143

Lending Capital Regulation Industry 143

PYMNTS

DECEMBER 13, 2018

Commercial card startup Brex, which recently secured funding that propelled it into unicorn status, is augmenting its platform with the introduction of corporate travel booking capabilities. ” “Startups have a disadvantage when booking corporate travel,” added TravelBank CEO Duke Chung in another statement.

Marketing 134

Marketing Cards Capital Company 134

South State Correspondent

MARCH 19, 2024

Credit products are one of the very few products where the customer takes the bank’s capital with the possibility of non-payment – this arrangement requires substantial scrutiny and underwriting by the bank. Commercial mortgages are long-term commitments and typically contain prepayment provisions.

Community Bank 195

Community Bank Community Industry Cards 195

PYMNTS

JANUARY 29, 2021

Security and Exchange Commission (SEC) raised concerns, Reuters reported on Friday (Jan. Earlier this month, Roblox raised $520 million in a funding round led by Altimeter Capital and Dragoneer Investment Group. Online gaming and entertainment platform Roblox is holding off on a public listing after the U.S.

San Francisco 205

San Francisco New York Groups California 205

Gonzobanker

DECEMBER 8, 2021

Digital Security. This continued to be a hot area with several deals including: TransUnion’ s acquisition of identity analytics provider Neustar Mastercard acquired digital identity provider Ekata Canapi Ventures invested in security/behavior analytics firm Neuro-ID The aforementioned DefenseStorm funding round.

Fintech 213

Fintech Los Angeles Lending Analytics 213

South State Correspondent

FEBRUARY 27, 2024

Treating all credit facilities equally by setting minimum credit spreads regardless of size, term, cross-sell opportunities, lifetime value, and credit quality leads to misallocation of capital and substandard return on assets (ROA) and return on equity (ROE). Many banks target profitable commercial clients. Cost-plus pricing.

How To 195

How To Community Bank Community Management 195

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 Malaysia's microLEAP has secured $3.3 Its micro-financing portal targets SMBs that cannot access capital via traditional means. Reports said the U.K. Modern Treasury.

Capital 167

Capital Fintech Operations Technology 167

PYMNTS

NOVEMBER 9, 2018

It was another busy week for B2B FinTech startups, with globally and vertically diverse companies securing new funding for their enterprise-targeting tools. The big news of the week comes from TripActions , a corporate travel solutions provider that secured unicorn status with its latest fundraise (the largest in this week’s breakdown).

Software 158

Software North Carolina Capital San Francisco 158

PYMNTS

JANUARY 29, 2020

For example, when directors of Hannon Armstrong Sustainable Infrastructure Capital were looking for someone to fill the role, they were more worried about hiring someone who had experience with raising debt and equity, and they didn’t care if the person was a former accountant. But that freed us up to get a capital-markets-focused CFO.”.

Strategy 144

Strategy Capital Examples US 144

PYMNTS

SEPTEMBER 23, 2019

“Neon is a simple and mobile banking solution that, even though very easy to use, offers a high level of security. Miklos Stanek, founding partner and chairman of venture capital firm Backbone, added, “neon thrills us with its product and its highly committed team.

Mobile 122

Mobile Fintech Capital Retail 122

PYMNTS

MARCH 13, 2020

The incentive is available for people with cruises that are booked between March 6 and May 31. It’s not in their interest to topple an airline or tour operator, but their job isn’t to provide security or capital.”. told Bloomberg.

Course 140

Course Cards Examples Operations 140

PYMNTS

OCTOBER 19, 2018

The funding was led by Inception Capital, which added to the firm’s nearly $11.5 This startup’s data analytics offering caught the attention of Microsoft , and its venture capital unit M12 (along with Telstra Ventures), which led the $15 million Series B funding round for the company. Netherlands, Germany and France.

Data 128

Data Analytics Software Capital 128

PYMNTS

JUNE 10, 2016

in the alternative SME lending space, while B2B startups from the Netherlands and Spain also secured impressive rounds. Find out where the rest of the $19 million in venture capital landed this week and which two U.S. Kikka Capital. Kabbage’s sister firm Down Under secured $1.5 companies came out on top.

US 100

US Capital Lending Security 100

PYMNTS

OCTOBER 27, 2017

In a bit of a mixed bag for B2B FinTech venture capital (VC), investment backers stayed fairly quiet this week, racking up nearly $90 million in funding. Check out all the B2B FinTech companies that secured fresh investments below. Advance Global Capital provided $1.1 SMB Banking. Countingup. Invoice Bazaar.

Samsung 100

Samsung Capital Security Analytics 100

PYMNTS

NOVEMBER 4, 2016

This time, the industry saw modest gains — a couple million in funding here, another million there — with just three venture capital funding rounds. Find out who secured how much below. million in venture capital. i2B Capital. SaaSOptics. Reports Tuesday (Nov. Accompanying the new $1.8 SME Finance. Honorable Mention.

Capital 100

Capital Software America Security 100

Bobsguide

JULY 21, 2022

• The financial technology firm expands bookings by 300% in H1 2022 versus prior period. The hires include several senior hires with decades of experience in capital markets and technology: Paul Sweeney, Head of Fixed Income Development : Paul has over 20 years of experience designing and developing financial solutions.

New York 87

New York Software Capital Leadership 87

PYMNTS

NOVEMBER 16, 2018

In a week of multiple nine-figure venture capital funding rounds, B2B FinTech has proved it plans to end the year on a high note. Investors from IVP, Madrona Venture Group and Meritech Capital all joined the fold, while existing backers CapitalG and Sequoia Capital led the round.

Lending 193

Lending Capital Analytics Fintech 193

PYMNTS

JUNE 15, 2020

The pandemic has seen a flurry of capital raising as firms across all verticals have sought to shore up their balance sheets. By getting cash on the books, there’s the chance to keep going — to continue operating and pay expenses until the horizon is a bit clearer. The airline has also secured $4.5

Strategy 249

Strategy Cards Course Examples 249

PYMNTS

SEPTEMBER 25, 2019

The company recently secured two asset-backed financing deals totaling €80 million, in addition to the €60 million of debt previously obtained. And earlier this year the company raised €25 million in equity financing in a Series B round led by Valar Ventures, with participation from Acton Capital Partners and Atlantic Labs.

Capital 108

Capital Resources Fintech Innovation 108

PYMNTS

JUNE 13, 2017

According to a report , Emirates Islamic plans to issue new check books, dubbed Cheque Chain, that include a unique QR code on each page as well as a string of 20 characters that are random. Financial firms are increasingly turning to blockchain to enable secure, digital payment transactions.

blockchain 124

blockchain Fraud Security Report 124

PYMNTS

OCTOBER 25, 2017

Countingup , a FinTech that aims to combine and streamline corporate banking and accounting for small- and medium-sized businesses (SMBs), secured fresh funding this week, according to news from TechCrunch. Countingup, started by Clear Books Founder Tim Fouracre, plans to use the venture capital funding to launch operations in the U.K.

Tools 110

Tools Capital Fintech Operations 110

PYMNTS

NOVEMBER 17, 2019

Hoesley also previously led the midwest region for Silicon Valley Bank, and was a partner at Prism Capital, a middle-market provider of venture capital and mezzanine debt. He was a technology banker with Wells Fargo Securities and RBC Capital Markets before launching CIBC’s Innovation Banking practice.

Groups 116

Groups Innovation Capital Leadership 116

PYMNTS

MAY 1, 2017

Wells Fargo Securities, LLC, Bank of America Merrill Lynch, Citigroup Global Markets, Inc. and Deutsche Bank Securities, Inc. are acting as joint book-running managers for the offering. William Blair & Company, LLC, BMO Capital Markets Corp. and JMP Securities, LLC are acting as co-managers. “I Baird & Co.,

Nashville 128

Nashville Tennessee Phoenix Austin 128