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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). The firm has 1,300 employees across offices in seven states and is distinguished as a global FinTech unicorn.

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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. million over the course of the next three years to build up a FinTech hub in Charlotte. With this news, we decided to focus our Tech Center on the up-and-coming North Carolina city.

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

Jeff For Banks

Subsidiaries, in addition to the bank, include: Live Oak Private Wealth, LLC, a registered investment advisor; Canapi Advisors, LLC that provides investment advisory services to new funds focused on providing venture capital to new and emerging fintechs; Live Oak Ventures, Inc. It's five year total return: 371%! Well done! #5.

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Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1

Fintech Labs Insights

HQ: Boston, Massachusetts. HQ: Charlotte, North Carolina. The post Fintech Fundings: 15 Companies Raise $125 Million Week Ending May 1 appeared first on Finovate. There were two jumbo rounds: $50 million to cryptocurrency startup Circle and $30 million to multiple Finovate Best of Show winner MX (formerly Money Desktop).

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

Fintech Labs Insights

There has been an average of 28 fintech deals per week this year. Fintech deals by size from 9 July to 15 July, 2016: Blockchain Intelligence Group. HQ: Boston, Massachusetts. HQ: Morrisville, North Carolina. Two Finovate alums raised a total of $12 million during the week: Revolut raised $8.7 Source: Crunchbase.

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Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 Billion

Fintech Labs Insights

It was a blockbuster week in fintech with more than $6 billion in new funds flowing to the sector. HQ: Boston, Massecheusetts. HQ: Raleigh, North Carolina. The post Fintech Fundings: 22 Companies Raise $300 Million Plus 2 IPOs Raise $5.9 The vast majority, $5.9 billion) and First Data ($2.6 Total raised: $4.1

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

Fintech Labs Insights

In all, fintech companies worldwide raised $222 million the second week of June. Fintech deals by size from 4 June to 10 June, 2016: Tradeshift. HQ: Wilmington, North Carolina. HQ: Boston, Massachusetts. For the second week in a row, the number of deals reported, 38, was just one below the weekly record.