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The Case For Localizing Mom-And-Pop Investment

PYMNTS

At the same time, many early stage startups, particularly in the technology sector, still have access to traditional financing, like venture capital and private equity. Last week, small business accounting company ScaleFactor released a new survey on how SMBs access capital. Localizing Capital.

Capital 145
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US B2B Startups Dominate $337 Million Worth Of Funding

PYMNTS

Boston-based PreVeil did not disclose how much it raised in its Series A funding round, but it did note that Spark Capital provided the funding to support the company’s email and file security solution. Chertoff Capital made a “significant” equity investment in the round, the company said. Cybersecurity. Back-Office.

US 116
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Amazon Sizzles, Plenti Fizzles And Goldman Gets Its Consumer Banking Groove

PYMNTS

In recent years, its core trading business has slowed, and its capital market and merger businesses have been fairly flat. According to reports in The Wall Street Journal in early April, the bank has hired away a senior engineer at JPMorgan to develop cash management tools as it eyes an entrance into the commercial banking market.

New York 101
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The Brexit Bombshell

NCR

The surprise crash sparked tremors industrywide, crashed the stock market, triggered other defaults and generally devastated the entire financial services sector. In fact, well over half, 59%, predicted a sharp downside to a Brexit vote, with serious impediments to Europe’s common market.). None of this will be easy.

Survey 40
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2021 GonzoBanker Awards

Gonzobanker

For the past four-plus years, Chesler has guided Glacier through continued growth and successful acquisitions across the West, all while staying true to Glacier’s local market culture. Goes to the growing cacophony of low-code and no-code software promises in the bank tech market. Congrats to Randy and a great management team.

Fintech 148
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Killing The I-Bank: The Disruption Of Investment Banking

CB Insights

In the US, legislation emerged to forbid investment banks from prop trading, or trading with their own capital, and forcing them to keep more capital on hand. Taking a hefty fee mitigates the investment bank’s risk by insulating it from the stock’s actual performance in the market. Source: Getty. STAYING PRIVATE.

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Innovation in the Asset Management industry

Tefkin

By automatically tracking indexes, they offer investors the possibility to obtain market performance at a lower cost than a typical managed funds. By lifting the ban on general solicitation and making crowdfunding easier, the JOBS act is opening access (for accredited investors for now) to the Venture Capital and Hedge Funds asset classes.