Cross River Bank Launches Venture Capital Business
Banking Exchange
JUNE 16, 2021
Formation of Cross River Digital Ventures signals step up in banking sector innovation Community Banking Feature3 Feature Management M&A PPP.
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Banking Exchange
JUNE 16, 2021
Formation of Cross River Digital Ventures signals step up in banking sector innovation Community Banking Feature3 Feature Management M&A PPP.
PYMNTS
JUNE 26, 2020
Small business lending emerged as a common theme in this week’s B2B venture capital roundup, and it’s no surprise, considering the role small and medium-sized businesses (SMBs) play in supporting their local economies. Utility account aggregation company Urjanet secured $14.65
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PYMNTS
SEPTEMBER 18, 2020
Venture capital appears to be picking back up in the B2B technology startup community. This week saw an impressive $324 million in combined funding for a range of B2B FinTechs and other solution providers, including alternative lenders looking to support small businesses as they manage working capital instability.
PYMNTS
NOVEMBER 20, 2020
Chipper CEO Ham Serunjogi confirmed on Twitter the startup, which got its initial foothold in the market as a peer-to-peer (P2P) payments service, has just wrapped up a $30 million Series B round of venture capital. Ribbit Capital, a VC firm in the U.S. that focuses on early-stage firms, led the investment round.
PYMNTS
NOVEMBER 19, 2020
Venture capital cash has been flowing this year to companies that plan to buy up sellers on Amazon and help them grow. The firm will use the funds to acquire Amazon sellers and then build up their businesses. The founders of SellerX are Malte Horeyseck and Philipp Triebel, who met at Boston’s Harvard Business School.
PYMNTS
JANUARY 22, 2021
While 2021 has kicked off with a bang in the venture capital arena — with several high-value investments on the books — this week's B2B VC roundup is all about the seed rounds. Young B2B FinTechs secured some of their first investments in areas that include small business accounting, alternative lending and financial management.
Bank Innovation
DECEMBER 11, 2019
Venture capital firm Inspired Capital, which is led by LearnVest founder Alexa von Tobel, is making a bet on business banking startup Rho. Rho, a business banking startup established in 2018, seeks to simplify money management for business owners.
Bank Innovation
APRIL 6, 2020
As small businesses race to apply for Paycheck Protection Program loans from the Small Business Administration, many venture capital firms and startups are figuring out how they can participate, if at all. “We
PYMNTS
OCTOBER 9, 2020
Venture capital funding landed at supplier payment and compliance automation firms this week, among other B2B innovators that raised money. Durable Capital Partners led the funding round, while 01 Advisors and Greenoaks Capital participated. “We million Madrona Venture Group-led seed round. Strike Graph.
PYMNTS
FEBRUARY 21, 2020
With $521 million raised this week among B2B FinTech startups, the industry continues to prove its appeal among venture capitalists. The new funding will be used to partner with non-bank financing companies to introduce small business lending into its platform, reports said. CybelAngel.
PYMNTS
MARCH 27, 2020
It’s too soon to tell how coronavirus will impact the venture capital ecosystem, but some analysts are turning to the economic crisis of 2008 to make some educated guesses. companies, including $75 million landing at one FinTech looking to bolster small business credit card payment adoption.
PYMNTS
MARCH 6, 2020
A lull in venture capital funding has only a few B2B FinTechs this week securing new investment rounds. Just this week, RTP Global announced a a fund, with the venture capital firm planning to deploy that cash for early-stage technology companies in areas like FinTech and Software-as-a-Service (SaaS). Mailprotector.
PYMNTS
MAY 1, 2020
With $68 million in combined venture capital funding, this week’s B2B FinTech investments are certainly not the highest they’ve been, but considering the current market, the latest rounds remain impressive nonetheless. Additional investors included One Way Ventures, Maya Capital, Magma Partners and others.
Bank Innovation
OCTOBER 30, 2019
Small business lending marketplace Become announced Tuesday that it raised $10 million in Series A capital to grow its platform. Benson Oak Ventures and Magenta Venture led the round, while RIO Ventures Holdings, iAngels and Entrée Capital participated. Viola Credit provided an extra $2.5 million in debt.
PYMNTS
MARCH 31, 2020
Tokyo, Japan’s digital banking startup Kyash has closed a $45 million Series C funding deal co-led by Greenspring Associates and Goodwater Capital, Kyash said in a statement on Sunday (March 30). Goodwater Capital also invested in Kyash’s Series B Round. growth equity investment firm Greyhound Capital; U.S.
PYMNTS
DECEMBER 30, 2020
Though 2020 was full of volatility, the B2B FinTech landscape persevered with venture capitalists and other investors for a lucrative year. Highlighting the increasing interest in this startup space is this week's B2B venture capital roundup, which recaps the final two weeks of 2020 in B2B FinTech investments. Brightpearl.
PYMNTS
OCTOBER 16, 2020
billion in venture capital investments between January and September 2020, according to a press release from London & Partners emailed to PYMNTS. Global investments are below the levels of pre-pandemic days, but London FinTechs have surpassed their 2018 venture capital totals of $2.3 billion in investments.
PYMNTS
JULY 10, 2020
As discussions about Taulia’s fundraise continue, below, PYMNTS looks at the latest venture capital rounds that were secured this past week, with a combined $45.87 based Sayari Labs is a B2B technology company connecting firms with business intelligence solutions to mitigate financial and supply chain risk. Sayari Labs.
PYMNTS
DECEMBER 13, 2019
Venture capital (VC) is far from the only funding source for B2B FinTechs. Despite a growing array of options, venture capital remains a solid funding source for B2B FinTechs, with this week’s roundup accumulating $104.4 Existing backers Gapminder Ventures and Launchub also participated. and Southeast Asia.
Bank Innovation
DECEMBER 5, 2019
Canadian venture capital firm Portag3 is continuing its global push with the close of a C$427 million ($320 million) fintech fund this week. The firm’s second fund will focus on early-stage startups that cover wealth management, banking and insurance, including direct-to-consumer and business-to-business models.
PYMNTS
APRIL 19, 2019
The big news in B2B FinTech investment this week came from Airbnb , which is bolstering its presence in the business travel market with new funding, while corporate card startup Brex also secured a prominent debt capital investment. The company said it plans to use the investment to further build out its lending operations.
American Banker
JANUARY 11, 2024
The card networks are expanding their development of accelerators for women and minority-owned businesses, improving these entrepreneurs' access to venture capital.
PYMNTS
JUNE 19, 2020
Supply chain financing company Greensill revealed its acquisition of Colombia-based Omni, a small- to medium-sized business (SMB) lender that will enable Greensill to strengthen its Latin American footprint. FTV Capital recently announced that it has closed its sixth fund, and totaling $1.2 Remessa Online.
PYMNTS
JUNE 7, 2019
This week’s B2B Venture Capital roundup is all about data. That includes application program interface (API) technologies to connect third parties to banks, artificial intelligence (AI) to enable companies to recruit talent and data warehousing to boost business intelligence capabilities for large enterprise.
PYMNTS
JUNE 22, 2020
Cedar, a provider of technology focused on fostering smooth financial interactions between healthcare providers and patients, announced $102 million in new venture capital funding and a new business relationship with a provider network on Monday (June 22). In addition to $77 million in venture capital from the Menlo Park, Calif.-based
PYMNTS
DECEMBER 11, 2020
It was a busy week for B2B venture capitalists who spread their wealth amongst a wide range of B2B FinTechs, with investments totaling more than $164 million. India-based B2B eCommerce company SOLV secured an investment from SC Ventures , the companies announced this week, although they did not reveal the value of the funding.
PYMNTS
DECEMBER 20, 2019
With more than $89 million raised, B2B FinTechs this week impressed venture capitalists (VCs) with a range of services, including small business accounting, financing, spend management and payroll. Small business accounting startup Xendoo announced a $3.5 PYMNTS breaks down the latest VC investments below.
PYMNTS
DECEMBER 6, 2019
This week saw B2B FinTechs targeting a range of pain points for business customers around the world, as investors put nearly $462 million in combined funding into the space. Osome aims to help its business clients migrate away from paper by providing reporting technology that mixes AI with human expertise. From Singapore to the U.K.,
PYMNTS
JULY 12, 2019
Though not the busiest week in B2B venture capital funding, investors presented a clear preference for corporate expense management and B2B eCommerce, with additional funding going toward logistics and small business banking firms for a total of $203.5 while European investors at Dawn Capital and Accel also participated.
PYMNTS
OCTOBER 4, 2019
-based alternative small business lending isn’t dead with investors and an India startup landed more than half a billion dollars. million investment round in commercial card startup DiviPay, reports said this week, via the bank’s venture capital unit ANZi. See all of the latest B2B fundraises below.
PYMNTS
NOVEMBER 13, 2020
With nearly $90 million in new funding landing at B2B FinTechs this week, investors showed off a diverse range of focuses, from procure-to-pay to small business payments. Osome connects small and medium-sized businesses to a digital business assistant app to automate accounting, payroll and tax compliance workflows.
PYMNTS
MARCH 1, 2019
Cybersecurity returned to the top of the B2B startup investment list as three companies in the enterprise security realm landed nearly half of the $246 million in B2B venture capital this week. Commerce Ventures, Flint Capital, Two Sigma Ventures, Synchrony and Sorenson Capital also participated, according to reports.
PYMNTS
DECEMBER 16, 2020
The company that bills itself as a “business in a box” for truckers has closed a Series A funding round of $20.5 The CloudTrucks app helps truck owners and operators manage their businesses by optimizing their driving schedules for better pay rates, maximizing cash flow and reducing operating costs. "We
PYMNTS
DECEMBER 1, 2020
Former Google CEO Eric Schmidt is among the backers of a new $111 million European early-stage venture capital fund, according to CNBC. 30) by London-based venture capital firm Firstminute Capital , CNBC reported. The new fund's main investor is RIT Capital Partners.
PYMNTS
OCTOBER 9, 2020
Despite wide-ranging economic uncertainties and a challenging investment environment, venture capital (VC) firms and special purpose acquisition companies (SPACs) are actively raising or seeking fresh funds for investment in the payments space. Salesforce Ventures . Some of the latest fundings include: Greycroft.
PYMNTS
DECEMBER 13, 2019
Traditional bank loans remain the undisputed leader in small business lending. by regulatory initiatives (designed to spur competition in small business banking, open up the market to new challenger banks and support marketplace lending platforms), the bank loan is often the first place small business owners look when in search of capital.
PYMNTS
MARCH 26, 2019
In 2015, news outlets ran articles about the “ gold mine ” of venture capital investments in the alternative finance sector. More recently, data released from GLI Finance — an investor focused on the small business alternative finance market — reveals the difficulties of alternative lending investment in 2019.
PYMNTS
OCTOBER 30, 2020
million in total funding raised, it was a relatively promising week for B2B FinTechs on the venture capital front. India and Brazil, with focuses ranging from business banking technology to food and grocery B2B eCommerce. This week's roundup includes startups from the U.S., PYMNTS rounds up the latest investments below.
PYMNTS
FEBRUARY 28, 2020
With more than $1 billion raised — and more to come — this week became the most lucrative for B2B FinTech venture capital funding. million in new funding for its technology targeting small businesses in the U.K. million in new funding for its technology targeting small businesses in the U.K. Digital Risks.
PYMNTS
OCTOBER 11, 2019
After one of the busiest weeks of the year for B2B startup venture capital funding, this week revealed a bit of a lull in the market. Led by Swisscom Ventures and Edenred Capital Partners, the funding saw participation from existing backers Lakestar and Notion Capital as well, while Columbia Lake Partners also provided funds.
PYMNTS
SEPTEMBER 6, 2019
In the waning days of summer, venture capitalists appear to be in a lull: only $51.2 landed on the board, too, as alternative lending, small business banking, back-office financial management and accounts receivable technology enticed backers. million was placed with B2B FinTechs this week. France’s Upflow announced a $2.7
PYMNTS
AUGUST 16, 2019
With more than $200 million in venture capital funding landing with B2B FinTechs this week, investors had their eyes set on a variety of pain points in corporate finance. Small business finserv was a popular target this week, with startups securing funding for their SMB banking, lending and accounting tools. Lendingkart.
PYMNTS
JUNE 28, 2020
Some of Spiff’s investors include Norwest Venture Partners, Next World Ventures and Epic Ventures, with seed investors Kickstart Album Ventures, Pipeline Capital and Peterson Ventures also participating.
PYMNTS
SEPTEMBER 8, 2017
The Software-as-a-Service (SaaS) startup space is no longer in the limelight, but this week venture capitalists put their own spotlight on the industry, providing more than $75 million to four firms in the sector. Plus, backers showed an interest in small business finance and B2B eCommerce. The company raised $2.5 SMB Lending.
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