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Pilot Raises $60 Million To Help SMBs Modernize Finances

PYMNTS

The round, headed up by Sequoia Capital , doubled the company’s total funding to $120 million, the release stated. And, Pilot helps SMBs get tax credits they might have missed out on, according to the release, including a research and development payroll credit that can go up to $250,000.

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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.

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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. Same-Day Delivery : It’s targeted by Target , which is expanding its options to the tune of 60 stores across Boston, New York, Chicago and other cities. Not so much anymore.

New York 101
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The Brexit Bombshell

NCR

Ahead of the actual Brexit vote, consulting firm Boston Consulting Group surveyed some 360 decision makers from banks in the UK, USA and Germany on what might happen if the British people actually did opt to leave the EU. None of this will be easy.

Survey 40
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2021 GonzoBanker Awards

Gonzobanker

With large banks, including Ally and Capital One, officially doing away with overdraft fees, banks and credit unions will have to decide how they want to handle the new reality. Before getting into banking, he started two tech companies in Asia and was a consultant at Boston Consulting Group. We aren’t talking just Bitcoin or Ethereum.

Fintech 147
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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. However, the model doesn’t currently allow companies to issue new shares, meaning that DPOs do not raise any capital for the company. STAYING PRIVATE.