Bank Innovation

OCTOBER 22, 2019

Payments giant Mastercard has acquired Boston-based SessionM, a nine-year-old software company that helps clients improve customer relationships through data analysis.

Boston 170

Boston Data Branding Analysis 170

PYMNTS

JANUARY 17, 2021

The new funding, according to the announcement, comes from two existing investors: Durable Capital Partners and Fidelity Management & Research. Durable Capital Partners is based in Chevy Chase, Maryland. Fidelity Management & Research is based in Boston. British delivery power-house Deliveroo said Sunday (Jan.

Maryland 181

Maryland Boston Capital Innovation 181

PYMNTS

JANUARY 20, 2020

In today’s top payments news, U.K. This new investment, co-led by Dawn Capital, HMI Capital and Insight Partners, is Tink’s biggest funding to date. open banking startup Tink raises €90 million in a funding round. UK Regulators’ Data Violations Fines Top $126.5M. Regulators in the U.K.

Google 130

Google Regulation Data Boston 130

PYMNTS

FEBRUARY 13, 2020

Vertical payments startup Flywire has acquired healthcare technology startup Simplee , while also closing a $120 million Series E investment round led by Goldman Sachs, the company announced on Thursday (Feb. This funding round brings the company’s total capital investment to $260 million. It is estimated that U.S.

Boston 130

Boston Capital Industry Payments 130

PYMNTS

JANUARY 26, 2021

The round, headed up by Sequoia Capital , doubled the company’s total funding to $120 million, the release stated. Our first job out of college was owning a business in Boston,” Pilot Co-Founder and CEO Waseem Daher said in the release.

Millennials 262

Millennials Taxes Boston Analysis 262

PYMNTS

APRIL 6, 2016

Circle, the social payments app that runs on bitcoin’s blockchain, launched with support from Barclays as part of a new partnership. Circle is a Boston-based startup that has major VC backers, along with big banks like Goldman Sachs and Digital Currency Group as an investment firm backer. Circle’s decision to launch in the U.K.

Payments 100

Payments blockchain Boston Bitcoin 100

PYMNTS

NOVEMBER 14, 2018

Etsy is hardly alone: eCommerce is experiencing year-over-year growth of 14 percent, according to the Payments Powering Platforms Tracker , and merchants looking to capitalize on this rise must accept the preferred payment methods of their customers, which include everything from credit cards to PayPal to Venmo and everything outside and in between.

Retail 131

Retail Payments Apple Online 131

Celent Banking

APRIL 7, 2017

Many of us at Celent just came back from a busy and exciting week in Boston. The rain and clouds couldn't obscure spectacular views from the State Room overlooking the Boston harbour. Capital One, USA. Payments Replatforming. Payments Product. Consumer Digital Platform. Bank of America, USA. Risk Management.

Case Study 189

Case Study Boston Risk Management Study 189

PYMNTS

OCTOBER 3, 2019

Today in the payments news roundup, FinTech startup Brex is launching a business cash management account to take the place of traditional business bank accounts. Brex Co-Founder and Co-CEO Henrique Dubugras said in a press release , “Even before customers think about credit cards, they need a place to store their business capital.

Management 108

Management Fraud Payments Boston 108

PYMNTS

JANUARY 9, 2020

Mergers and acquisitions (M&A) advisory firm Equiteq announced that it advised The Shelby Group , an eProcurement transformation and optimization consulting firm, on a recent growth investment from Boston-based private equity firm WestView Capital Partners , according to a press release.

Groups 100

Groups Boston Capital Meeting 100

PYMNTS

DECEMBER 9, 2019

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. Revenue growth in the business payments sector is expected to grow by around 5.6 percent through 2028, according to Boston Consulting Group.

North Carolina 130

North Carolina Nashville Charlotte Boston 130

NCR

APRIL 26, 2018

The growth of contactless technologies as a fast, convenient option for everyday payment has been illustrated by new figures from Transport for London (TfL), which have revealed half of all pay as you go journeys on the UK capital’s transport networks now use this technology.

Payments 53

Payments Miami Boston Capital 53

PYMNTS

DECEMBER 7, 2018

Though not venture capital, the private equity raised for New Jersey-chartered community bank Cross River Bank is noteworthy not only for its impressive price tag of $100 million, but for its reflection of investors’ support for financial institutions that collaborate with the tech startup scene. Cross River Bank.

Analytics 176

Analytics Data Capital Software 176

PYMNTS

APRIL 6, 2018

Unsurprisingly, however, a blockchain company working to enhance B2B payments across borders beat out the competition with the largest funding round of the week. Blacksoil Capital linked B2B eProcurement firm IndustryBuying with nearly $2 million in venture debt, reports in Inc42 said this week. PYMNTS breaks down the deals below.

blockchain 116

blockchain Capital Seattle Lending 116

PYMNTS

JULY 22, 2019

has announced the launch of a venture banking and lending business to provide debt capital financing and commercial banking solutions to growth companies and their investors. Stifel offers senior secured loans up to $40 million for working capital and growth capital needs. Stifel Financial Corp.

Lending 100

Lending United States Boston Capital 100

PYMNTS

JULY 27, 2017

Toast, a Boston tech startup that develops point-of-sale software for restaurants, raised $101 million in a venture capital (VC) funding round. According to a news report , the funding round was led by Generation Investment Management, a firm co-founded by former Vice President Al Gore, and New York-based Lead Edge Capital.

Boston 108

Boston Capital New York Software 108

PYMNTS

NOVEMBER 30, 2018

The collaboration is in seven cities: New York, Los Angeles, San Francisco, Chicago, Philadelphia, Boston and Washington, D.C., With this capital, Sweetgreen wants to expand its business into other food categories, as well as look into blockchain technology to assist in the transparency of its supply chain. “As

Los Angeles 122

Los Angeles San Francisco Philadelphia Boston 122

PYMNTS

MARCH 17, 2017

million in venture capital — the most the industry has seen in a while. Autobooks provides online banking platforms with solutions tailored to the SME crowd, including accounting and payments. The B2B FinTech investment space has been relatively slow in recent months, but U.S. startups led the way this week with a healthy $101.5

Fintech 104

Fintech Detroit Michigan Capital 104

PYMNTS

JULY 2, 2016

But here in Boston, where PYMNTS world headquarters makes its home, we have a problem. We, here in Boston – in specific- and Massachusetts, in general, would really like to be able to call ourselves the birthplace of America. But it is a necessary part of our world and certainly a big step forward for payments and capitalism.

Massachusetts 104

Massachusetts System Virginia Boston 104

Independent Banker

NOVEMBER 30, 2021

The community bank worked with its hotel borrowers that struggled during the disruption of COVID-19, including allowing some to go interest-only or defer principal payments. For other borrowers, the $596 million-asset community bank allowed deferrals of principal or, in some cases, full payment deferrals. New loan demand returns.

Community Bank 209

Community Bank Community Texas Dallas 209

PYMNTS

JUNE 27, 2019

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

Capital Community Oklahoma Maine 145

PYMNTS

NOVEMBER 26, 2019

The new Workforce Spend Playbook highlights the newest solutions helping SMBs to more effectively manage their capital, and focus on their expansion ambitions. This demand is driving the global expense management software market to reach $6.6 billion in value by 2025. Inside The Playbook.

Tools 141

Tools Boston Cards Management 141

PYMNTS

MARCH 30, 2018

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

US Capital California San Francisco 116

PYMNTS

MARCH 16, 2017

And indeed, the middle of this month has been nothing if not gusty, but daunted not the gutsy — who trekked by the hundreds to Boston for the opening of the annual Innovation Project. The winds blew cold, but discussion ran heated with ideas, writ large and granular, about the future of payments, for the first of two days.

Payments 102

Payments Innovation Data Course 102

PYMNTS

SEPTEMBER 5, 2017

There could be billions more in new capital requirements, which means that lending (and thus, borrowing) may become more expensive. The projections come from a Boston Consulting Group and Clifford Chance study, and at least some of those costs will be borne by end customers. s severance from the EU becomes reality.

Boston 116

Boston Lending Study Groups 116

PYMNTS

SEPTEMBER 9, 2016

Word on the street is that B2B startups may be landing on the same path as B2C startups when it comes to the venture capital wells drying up. It could explain India’s rare absence from our B2B Venture Capital Roundup this week. Instead, the funding landed in the U.S., eProcurement. ”

Capital 100

Capital Boston Management Report 100

PYMNTS

MARCH 16, 2017

And indeed, the middle of this month has been nothing if not gusty, but daunted not the gutsy — who trekked by the hundreds to Boston for the opening of the annual Innovation Project. The winds blew cold, but discussion ran heated with ideas, writ large and granular, about the future of payments, for the first of two days.

Payments 102

Payments Innovation Data Course 102

PYMNTS

FEBRUARY 27, 2016

A highly unscientific poll of our coworkers found that the average collection of people waiting for a bus in downtown Boston has a more cohesive political ideology than our staff, who are all supporting wildly different candidates for wildly different reasons. Discomfort Despite Good Progress.

Payments 100

Payments South Carolina New Hampshire Maine 100

PYMNTS

NOVEMBER 29, 2019

And the PYMNTS Weekender is here to make sure you didn’t miss anything — and that you start off December right, with the latest in payments and commerce news. Does ‘Google Checking’ Foreshadow Big Tech, FinTech Payments Changes? Paytm , India’s mobile payments startup, said on Monday (Nov. Rowe Price and Discovery Capital.

Google 129

Google Mobile Data Capital 129

Jeff For Banks

DECEMBER 29, 2021

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.

Capital 78

Capital Texas Metro North Carolina 78

CB Insights

MARCH 13, 2019

New York, Boston, Chicago, and Nashville, among other cities, all played host to newly minted unicorns last year. Select Investors: Tencent Holdings, Disney Accelerator, Kleiner Perkins Caufield & Byers, Lightspeed Venture Partners, Vulcan Capital, ICONIQ Capital. It is also known for developing Unreal Engine.

San Francisco 77

San Francisco Company US California 77

PYMNTS

SEPTEMBER 6, 2016

Mobile payments will be how we pay. Technology — not traditional payments companies — will be who leads the way. The future will look nothing like the past — in fact, the future of payments and commerce may not at all be like that which many have envisioned and perhaps even planned for. Online retailers will be where we shop.

Payments 100

Payments Online Mobile Retail 100

PYMNTS

SEPTEMBER 19, 2016

The media has declared chatbots the digital version of the little black dress: a technology staple that every brand must now have and every payment type must now commerce-enable. Is it “a bot time” for peeps in payments to get on board and confront the reality that bots are today what apps were in 2007 and 2008?

Payments 100

Payments Mobile Apple Google 100

PYMNTS

SEPTEMBER 29, 2016

10 seconds (or less) : That’s how long it will take for Standard Chartered to complete real-time cross-border payment for businesses with another major correspondent bank. 10 seconds (or less) : That’s how long it will take for Standard Chartered to complete real-time cross-border payment for businesses with another major correspondent bank.

ATM 100

ATM Boston Survey Security 100

PYMNTS

SEPTEMBER 23, 2019

This is a market that Boston-based ButcherBox is catering to by delivering grass-fed, grass-finished meat and other humanely raised, sustainably sourced meat and seafood directly to customers’ doors on a monthly basis. There’s not a lot of funding and there’s not a lot of venture capital. will reach 56.8

Fraud 108

Fraud Analytics Oklahoma Security 108

PYMNTS

MARCH 17, 2017

But some things are different when it comes to intellectual gatherings — at least if the gathering is peopled with some of the best and brightest and insightful in payments. With blizzard Stella faded like Blanche Dubois’ southern charm, Boston still had its winter chill. Pot Shots in Payments. Connectivity and Collaboration.

Innovation 103

Innovation Lending Boston Security 103

CB Insights

AUGUST 2, 2017

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.

Boston 69

Boston New York City Company Community 69