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Chapter 11 Watch: Cosi Files, But Are Sears, Claire’s Next In Line?

PYMNTS

Cosi, the Boston-based sandwich chain renowned for its flatbread sandwiches, filed for bankruptcy in a Boston courtroom. Cosi now plans to close 29 of its underperforming company-owned stores and has secured $4 million in debtor in possession financing from a string of investors who want to buy the chain out of bankruptcy.

Boston 100
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The Mother List of All Banking Books

Jeff For Banks

1945-85 1986 Martin Wolf Wolf, Martin The Shifts and the Shocks: What We've Learned — and Have Still to Learn — from the Financial Crisis 2014 Arthur M.

America 78
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Fintech Fundings: 186 Companies Raised $1.6 Billion in June

Fintech Labs Insights

HQ: Boston, Massachusetts. HQ: Omaha, Nebraska. Tags: Consumer, blockchain, financial inclusion, unbanked, underbanked, banking, security, identity. Latest round: $19 million. Total raised: $89 million. Source: FT Partners. D3 Banking. Banking platform. Latest round: $16.4 Total raised: $33.4 Latest round: $8 million Series A.

Company 12