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Funding Round Could Give AvidXchange $2B Valuation

PYMNTS

Investment bank Financial Technology Partners is advising AvidXchange on this fundraising round, according to sources. 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).

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Getting Mobile Ready

Independent Banker

Large banks and nonbanks, merchants and technology companies are pressing to solidify their inroads into the financial transaction business. Research and everyday observation show how consumers are increasingly using mobile technologies. It’s become a familiar story, usually with a new splash. Ed Bachelder, payments consultant.

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The #FintechRevolution Will Be API’d

Fintech Labs Insights

Fresh off its FinovateFall 2015 appearance , the financial market data provider to many of fintech’s most innovative companies is spearheading a new initiative, the #FintechRevolution API Ecosystem. This includes everything from the portfolio management APIs of Advisor Software to the trader mood data APIs of PsychSignal.

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FinovateSpring 2016 Live Blog – Day 2

William Mills

11:37 am William Mills, CEO of William Mills Agency, and Stephen Ramirez, CEO of Beyond the Arc, discuss major trends presented at this year’s Finovate and highlight key companies such as Malauzai Software, PayActiv and many more! Katerina Frolovicheva (MD, Technologies Innovations). Check back for new updates throughout the day.

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Finovate Spring 2018 – Day 2

William Mills

Again another financial wellness platform using machine learning technology. HQ: Boston, MA. A TON of really old technology is being used in mortgage lending. In fact, Fiserv recently sold ALL of their mortgage technology to a PE firm. Pretty good dashboard. Website: projectfinance.io. Twitter: @yourfinanceapp.

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Monit Powers a “Financial Companion” for Financial Institutions to Offer Small Businesses (Fintech Startup of the Week)

Fintech Labs Insights

This week we look at Monit , a Boston-based startup innovating in our favorite sector, small biz banking. Customers hook Monit to their accounting software (currently limited to QuickBooks online) and. Funding : $750k per Crunchbase (as Signal Financial Technology). How it works. Business model : Primarily B2B2C.

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Startup of the Week: Monit Powers a “Financial Companion” for Financial Institutions to Offer Small Businesses

Fintech Labs Insights

This week we look at Monit , a Boston-based startup innovating in our favorite sector, small biz banking. Customers hook Monit to their accounting software (currently limited to QuickBooks online) and. Funding : $750k per Crunchbase (as Signal Financial Technology). Monit explainer (3 minutes). How it works.

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