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Tech Center: Charlotte On The Edge of Tech Greatness

PYMNTS

Just west of the Research Triangle in North Carolina, Charlotte’s technology industry has been slowly growing over the past few years. With this news, we decided to focus our Tech Center on the up-and-coming North Carolina city. million over the course of the next three years to build up a FinTech hub in Charlotte.

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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Founded in 2000 by CEO Michael Praeger, the Charlotte, North Carolina-based firm provides software that automates payments, invoicing and accounting for small and mid-sized businesses (SMBs). percent through 2028, according to Boston Consulting Group.

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CFPB announces new appointments to advisory groups

CFPB Monitor

Arjan Schutte, Founder and Managing Partner, Core Innovation Capital, Los Angeles, CA. Chi Chi Wu, Staff Attorney, National Consumer Law Center, Boston, MA. Cal Ratcliff, Senior Vice President, Chief Compliance Officer, Bank of North Carolina, High Point, NC. Community Bank Advisory Council Members.

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Fintech Fundings: 32 Companies Raise $210 Million Second Week of July

Fintech Labs Insights

HQ: Boston, Massachusetts. HQ: Morrisville, North Carolina. Tags: Institutions, SMB, capital raising, VC. Platform for investing in early-stage startups. Latest round: $14.4 million Debt. Total raised previously: Unknown. HQ: New York City. Source: Crunchbase. OK Car Insurance. Online automobile insurance. million Seed.

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Banking's Top 5 Total Return to Shareholders: 2021 Edition

Jeff For Banks

Total return includes two components: capital appreciation and dividends. Silvergate Capital Corporation (NYSE: SI) #2. Silvergate Capital Corporation (NYSE: SI) Here we are again. Silvergate had $150 million in total revenue over the past twelve months, and has a market capitalization of $4.7 Live Oak Bancshares, Inc.

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Fintech Fundings: 38 Companies Raise $220 Million the Second Week of June

Fintech Labs Insights

HQ: Wilmington, North Carolina. HQ: Boston, Massachusetts. Risk management for capital markets. Tags: SMB, lending, alt-lender, commerical loans, trade finance, billing, invoicing, cash flow, working capital. Source: FT Partners. Bank operating system. Latest round: $15.67 Total raised: $64.67 Source: Crunchbase.

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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Boston, Massachusetts. HQ: Charlotte, North Carolina. Tags: SMB, capital raising, VC, venture capital, p2p, peer-to-peer, investing. Source: Crunchbase , Finovate. Goji (formerly Consumers United). Consumer insurance portal. Latest round: $19 million. Total raised: $89 million. Source: FT Partners.

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