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Tech Center: New York City Takes on Tech Full Force

PYMNTS

For years, New York City has been at the epicenter of United States’ culture with the fashion and entertainment industries leading the way. With the top modeling agencies, MTV and the home of American broadway plays, there’s no denying New York City is bustling with creativity. trillion (2012). percent (2015).

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Automated business payments processing firm AvidXchange is launching a new fundraising round that could give the firm a $2 billion valuation, The New York Times reported on Monday (Dec. percent through 2028, according to Boston Consulting Group. 9), citing sources. This latest fundraising could top $300 million.

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The Main Street Rescue That Wasn’t (And Still Isn’t)

PYMNTS

What happens if Main Street becomes less a proving ground for smaller businesses — born of, and serving, local communities — and more a collection of larger firms, well-capitalized, but already enjoying competitive advantages? Millions of smaller businesses are grappling with the impacts of the pandemic.

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CFPB announces new appointments to advisory groups

CFPB Monitor

The CFPB has announced the appointment of new members to its Consumer Advisory Board, Community Bank Advisory Council, Credit Union Advisory Council, and Academic Research Council. Retail Bank, Citibank, New York, NY. Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA.

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Room To Grow: Why WeWork’s $20B Valuation Isn’t Crazy

CB Insights

Specifically, we looked at Boston Properties, Vornado, and IWG plc (dba Regus). WeWork first gained its unicorn status in Q1’14 with a $1.59B valuation after raising a $157M Series C round from notable investors including Benchmark Capital and J.P. Boston Properties reportedly has 43.7 Real Estate Tech Research Briefing.

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23 VC-Backed Brick & Mortar Startups Changing The Face Of Main Street

CB Insights

Select VC Investors: Khosla Ventures, Social Capital. Ample Hills Creamery — named for a line in a Walt Whitman poem — is an ice cream shop and “community gathering place.” Select VC Investors: Cue Ball Capital, Valley Oak Investments. Select VC Investors: Otium Capital. Café X Technologies. Oh My Cream!

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2021 GonzoBanker Awards

Gonzobanker

CAP COM and SEFCU in New York come to together to create an $8 billion cooperative organization. Goes to Eric Sprink, Coastal Community Bank , Everett, Wash. Through all this, First Farmers has remained disciplined in performance and squarely focused on customers and community. There’s now a new layer of stewardship.

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